With regard to the income verification tool to combat mortgage fraud referenced in the 2024 Fall Economic Statement, and the statement that the Canada Revenue Agency would aim "to begin implementation of this measure in early 2025": (a) does the government remain committed to combatting mortgage fraud through a tool to verify borrower income; (b) what is the current status of the policy commitment, and how does the government intend to move forward on this policy, including key milestones for next steps and delivery; and (c) what is the Canada Revenue Agency's timeline for the implementation of this promised tool?
Q-957 , 45th Parliament, 1st session May 26, 2025, to present
Question details
Asked by
Michael D. Chong
(Wellington—Halton Hills North)
Date asked
March 12, 2026
Answered
May 6, 2026
Response from
Canada Revenue Agency
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