Mr. Speaker, our government has a zero tolerance policy when it comes to tax evasion.
As I have stated with respect to the HSBC accounts, when non-compliance was expected, the CRA conducted hundreds of audits. This has led to over $21 million in taxes and penalties being reassessed. Further, our voluntary disclosure program, which is more robust than ever when it comes to international tax evasion, has brought forward 250 voluntary disclosures representing another nearly $123 million in previously undisclosed amounts.