Friday, July 4, 2014

Standing Committee on Finance Meetings re FATCA

Published on Jun 1, 2014

Excerpts from Meetings of the Standing Committee on Finance:

Testimony by Invited Witnesses
May 13-14, 2014 (Meetings 34 and 35)

Statements by Committee MPs and Final Vote on Amendments
May 29, 2014 (Meeting 39)

Despite claims by Canada's Finance Minister, Canadian citizens are directly impacted by FATCA - the Foreign Account Tax Compliance Act - an American law about to be imposed on Canadian citizens resident in Canada - with the blessing of our own federal government.

On Canada Day - July 1st - our nation will begin to surrender its sovereignty and citizens to the United States as FATCA becomes reality.

Sound incredible? Here are some exchanges from the House of Commons Finance Committee.