By Amit Ummat and Alisha Butani (May 2, 2024, 11:49 AM EDT) -- The 2024 Canadian Federal Budget was tabled on April 16 by Chrystia Freeland, the deputy prime minister and the minister of Finance (the budget). The budget’s Tax Measures Supplementary Information (TMSI) contained proposed amendments to the information-gathering powers of the Canada Revenue Agency (CRA) in the Income Tax Act R.S.C., 1985, c. 1 (5th Supp.) (the Act). The aim of the proposed amendments was to increase the effectiveness and efficiency of tax audits and the collection of tax revenues. In this article, we examine some of the key proposed amendments....