Parliamentary records showed Bill S-217, the Fairness for All Canadian Taxpayers Act, at second reading in the House of Commons on May 28, 2026.
The bill would amend the Canada Revenue Agency Act to require reporting on unpaid income tax, commonly described as measuring the tax gap to fight international tax evasion.
The tax gap is the difference between taxes that would be paid if all obligations were fully met and the amount actually collected. It can arise from non-filing, under-reporting, hidden offshore income, aggressive avoidance, or other compliance failures.
Parliamentary records show the bill completed first reading in the Senate on May 28, 2025, second reading on March 10, 2026, and third reading on March 12, 2026.
It then received first reading in the House of Commons on March 26, 2026, with debate at second reading recorded on May 28, 2026.
The bill does not itself impose a new tax rate. Its purpose is transparency: making unpaid income-tax estimates part of a recurring public reporting exercise.
That kind of reporting can influence enforcement priorities, international tax-evasion work, and future debate over CRA resources and anti-avoidance measures.