FATCA puts Canadian citizens’ privacy in question and discriminates against citizens based on their ethnic origin, says columnist Tim Harper in the Toronto Star.
He says there’s no evidence that Canada is being used as a tax haven by Americans or Canadians of U.S. origin.
One in thirty Canadians is affected by FATCA, he reports. And the legislation was embedded in this spring’s budget implementation bill, meaning it didn’t get a dedicated Parliamentary debate.
Read more here.
See our coverage of FATCA: