of the Firearms Act , the Department of Justice estimated that the net cost of the new Program would be about $2 million. It also estimated that it would take five years to implement. During this period, it said expenditures of about $119 million were expected to be offset by licensing and registration fees of approximately $117 million. 10.28 In May 2000 the Department told the House of Commons Standing Committee on Justice and Human Rights that it had spent at least $327 million on the Program. However, at about the same time the Department informed the Government that it estimated that the cost of development and implementation would be over $1 billion by 2004-05. The financial information provided does not fairly present all costs 10.48 In our view, the financial information provided for audit by the Department does not fairly present the cost of the Program to the government. Our initial review found significant shortcomings in the information the Department provided. Consequently we stopped our audit of this information that because we did not believe that a detailed audit would result in substantially different findings.