Question No. 552 Mr. Hoang Mai: With regard to tax evasion and its effects on the Canadian economy: (a) does the Canada Revenue Agency (CRA) publish estimates of the tax gap caused by offshore tax avoidance, and, (i) if so, which method does the government utilize to calculate this gap, (ii) if not, why not; (b) what is the 10-year trend for (i) the number of transfer pricing audits, (ii) the budgeting for and Full-Time Equivalent (FTE) staffing of auditors dealing with transfer pricing audit; (c) what is the amount of annual capital flow from Canada to the United States resulting from bilateral trade mispricing (i) per capital flow, (ii) by proportion of total trade, (iii) per tax loss; (d) what is the amount of annual capital flow from ...[+++] Canada to the European Union resulting from bilateral trade mispricing (i) per capital flow, (ii) by proportion of total trade, (iii) per tax loss; (e) what is the amount of annual capital flow resulting from multilateral trade mispricing (i) per capital flow, (ii) by proportion of total trade, (iii) per tax loss; (f) what are the internal deadlines set by the Exchange of Information (EOI) Services (CRA) as concerns responses to EOI requests received, (i) how many EOI requests received does the CRA deal with per year, (ii) what is the 10-year trend for EOI requests received by the CRA, (iii) what is the median response time for an EOI request received by the CRA, (iv) from which jurisdiction does the CRA receive the most EOI requests, (v) from which jurisdiction does the CRA request the most EOIs; (g) does Canada collaborate with its EOI partners to ensure the EOI provisions are not restricted, and, if so, (i) with which jurisdictions, (ii) to what specific ends, (iii) have there been any changes to the CRA approach as a result of these collaborations; (h) how prevalent are bearer shares in Canada, (i) what measures exist to ensure that ownership information is available with no exceptions, (ii) are all nominees obliged to ma ...

- complete the legislative framework for internal and external financial control; set up a central organisation within the government for harmonising internal audit/control functions; set up internal audit/control units in spending centres; introduce "functional independence" for internal controllers/auditors at central and decentralised levels and ex-ante financial control,

- complete the legislative framework for internal and external financial control; strengthen the central organisation within the Ministry of Finance for harmonising internal audit/control units in spending centres, and introduce "functional independence" for national internal controllers/auditors at both central and decentralised levels and ex-ante financial control,

- strengthen internal and external financial control; set up a comprehensive information technology system; separate clearly between internal audit and technical monitoring functions; further strengthen functional independence for national internal controllers/auditors at both central and decentralised levels and "ex-ante" financial control,

- introduce "functional independence" for national internal controllers/auditors at both central and decentralised levels and "ex ante" financial control,

The auditor general audits these financial statements to ensure that the accounts and statements are a fair representation of the financial position of these organizations (1840) Each organization's board has established an audit committee which reviews and advises the board on its financial statements, reviews its accounting procedures and internal controls, oversees any internal audits undertaken, reviews and advises the council on reports from the auditor general and reviews any corrective measures implemented as a result of audits ...[+++].