Canada Revenue Agency investigators and RCMP officers raided 15 locations across Ontario and Quebec today as part of a criminal probe into international tax evasion, the CRA said in a statement.
About 128 revenue agents, assisted by Mounties, searched locations in Windsor, London, the Toronto area, Ottawa, Gatineau, Laval and Montreal.
The ongoing investigation is into roughly $8.3 million in tax evaded, the CRA said.
The CRA said information from the Financial Transactions and Reports Analysis Centre of Canada (Fintrac), Canada’s anti-money-laundering watchdog agency, has played a “significant” role in the investigation. Fintrac gathers information on financial transactions, such as all transfers of $10,000 or more into and out of Canada.
“These search warrants show that our investments are paying off and we are starting
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