Mr. Speaker, our government is firmly committed to combatting tax evasion and tax avoidance. That is why in our last two budgets we invested nearly $1 billion in doing just that.
The Canada Revenue Agency is now able to assess the risk of all large multinational corporations each year. This year it is reviewing every transaction over $10,000 in four regions that are deemed high-risk. The first two are the Isle of Man and Guernsey. As far as offshore compliance is concerned, on December 31, 2017, the Agency audited 1,090 taxpayers and launched criminal investigations—