The 2013 Canadian Federal Budget prioritized increasing personal tax revenue, which makes up 50% of total federal funds. The budget aimed to close tax loopholes and find tax evaders to generate $4.4 billion in new tax income. Measures included encouraging whistleblowers on tax cheats, requiring banks to report international money transfers over $10,000, and extending tax reassessment periods for undisclosed foreign properties. While personal taxes were the focus, the document questions whether overtaxing citizens to balance the budget by 2015 is sustainable or will negatively impact taxpayers.