Revenue Minister Gail Shea and her cabinet colleague Maxime Bernier are meeting reporters on Parliament Hill this morning to discuss the Harper government's renewed effort to fight offshore tax evasion and crackdown on compliance problems.
Last week, the Commons finance committee released its recommendations following a two-year study on tax havens, urging the government to take more action against those who attempt to evade the Canadian tax system.
The 2013 federal budget in March contained several new measures to fight tax evasion, including the establishment of a "snitch line" to help identify those dodging the authorities. But critics have questioned whether these moves can yield the potential results identified in budget figures.
The opposition has argued that recent cuts to Shea's department undermine the Canada Revenue Agency's ability to make meaningful progress towards tax compliance.
Last month, CBC News reported that 450 Canadians are among more than 130,000 people worldwide found to hold accounts in countries known to be offshore tax havens. The revealations were part of an exclusive worldwide release of offshore financial information, that was first obtained by the Washington based, International Consortium of Investigative Journalists.
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