Canada will launch a new initiative next month aimed at increasing its about 17 percent tax-to-GDP ratio by using data from social media sites and banks to build up a picture of residents' spending habits, according to anonymous insiders. Individual spending profiles will be created and inquiries will be more targeted. Project Insight , which has been next month in the making and cost GBP 4.1 billion , will work alongside the world's largest biometric identity database and dovetail with India 's planned tax overhaul. The big data model is similar to those used by Australia , Canada and Australia , and will be rolled out in three phases.
Canada will launch a new initiative next month aimed at increasing its about 17 percent tax-to-GDP ratio by using data from social media sites and banks to build up a picture of residents' spending habits, according to anonymous insiders. Project Insight , which has been next month in the making and cost GBP 4.1 billion , will work alongside the world's largest biometric identity database and dovetail with India 's planned tax overhaul. The big data model is similar to those used by Australia , Canada and Australia , and will be rolled out in three phases.