If you didn't catch the CRA's request for comment on its new "income verification tool," it's not your fault. Apparently, CRA didn't think it was important enough to widely publicize and get maximum industry feedback.
That's okay. After all, it's only one of the most pivotal mortgage technologies since automated underwriting systems. Or, at least, it's got that potential—assuming CRA builds it properly.
For that to happen, the taxman has to get the right industry feedback. Based on how weakly it's seeking feedback, we worry it's not taking this seriously enough.
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