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 ...

7. Where an organisation acts as environmental verifier, it shall keep an organisation chart detailing structures and responsibilities within the organisation and a statement of legal status, ownership and funding sources.

The licensing of environmental verifiers is considered to be a professional authorisation which is comparable to the authorisation of a civil engineer or a financial auditor.

On Tuesday, February 20, 2007, the Committee heard from Ken Kember, Vice-President and Corporate Controller, Export Development Canada; Paul Buron, Vice-President and Chief Financial Officer, Finance, Systems and Technology, Treasury and Enterprise Risk Management and Stefano Lucarelli, Vice-President, Finance, from the Business Development Bank of Canada; John Wiersema, Deputy Auditor General and Doug Timmins, Assistant Auditor General, of the Office of the Auditor General of Canada; and Paul Jenkins, Senior Deputy Governor, of the Bank of Canada.

In case the environmental verifier is an organisation, the environmental verifier shall have and make available on request an organisation chart detailing structures and responsibilities within the organisation and a statement of legal status, ownership and funding sources.

On Tuesday, February 20, 2007, the Committee heard from Ken Kember, Vice-President and Corporate Controller, Export Development Canada; Paul Buron, Vice-President and Chief Financial Officer, Finance, Systems and Technology, Treasury and Enterprise Risk Management and Stefano Lucarelli, Vice-President, Finance, from the Business Development Bank of Canada; John Wiersema, Deputy Auditor General and Doug Timmins, Assistant Auditor General, of the Office of the Auditor General of Canada; and Paul Jenkins, Senior Deputy Governor, of the Bank of Canada.