Mr. Speaker, information exchange agreements provide useful and necessary information to the CRA, allowing it to identify taxpayers who engage in tax evasion or aggressive tax avoidance. That is precisely why such agreements exist with different foreign entities. Prosecuting tax evaders is much more complex than it seems. We need all this information and international co-operation to succeed.
The fact is, since we came into power, we have invested $1 billion in the CRA to ensure it has the necessary resources to catch those who engage in aggressive tax avoidance. That is an ambitious goal, an ambition that was sorely lacking for a decade under Stephen Harper. I encourage my colleague to read an interesting article published recently in La Presse about the CRA. It explains how the CRA is able to hire more auditors and catch more fraudsters thanks to these investments.