Mr. Speaker, I would like to thank my colleague from Mississauga—Lakeshore for his important question.
Our government is more committed than ever to combatting tax evasion because we understand that all Canadians need to pay their fair share of taxes.
The $444-million investment has made it possible to implement a jurisdiction-based approach. We are examining four jurisdictions per year. We started with the Isle of Man. We are now working on Guernsey. We are looking at transactions of over $7 billion. That is just the beginning. Other jurisdictions will follow.