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Following the recent Paradise Papers revelations of Canadians involved in offshore tax havens, a Senator is reinvigorating his push for greater transparency from the Canada Revenue Agency, after years of what he said has been hitting “roadblocks” thrown up by the agency. Liberal Senator Percy Downe (Charlottetown, P.E.I.) introduced his bill, S-243, to change the Canada Revenue Agency Act—which he's called the Fairness for All Canadian Taxpayers (FACT) Act—on Nov. 22. It would require the revenue minister to

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Liberal Senator tables legislation to force CRA to reveal tax gap, after ongoing ‘mystery’ of reticence

By Charelle Evelyn      

Sen. Percy Downe is frustrated by what he says is a lack of information and charges, after more Canadian links to offshore tax havens were revealed in the news. But the CRA says it's acting on measuring the tax gap and fighting tax evasion.

Liberal Sen. Percy Downe, left, wants the Canada Revenue Agency, headed by National Revenue Minister Diane Lebouthillier, right, to cough up details on the country’s tax gap. The Hill Times file photographs
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