“We oppose (the FATCA IGA) on a number of grounds, but we will restrict our comments to the large scale infringement of privacy rights.”
That is the beginning of a four page Submission by the B.C. Freedom of Information and Privacy Association to Finance Canada.
BCFIPA challenge several aspects of the IGA as well as question the jurisdiction of the federal government to regulate credit unions which fall under provincial jurisdiction.
They also state clearly their agreement with Peter Hogg.
There are considerable difficulties involved in any attempt to implement a FATCA IGA in this country and those will almost certainly result in extensive litigation and damage to people and institutions which are in no way connected to tax evasion in this country or in the United States.
Therefore, we urge you not to proceed with this wholesale infringement of the constitutionally guaranteed privacy rights of Canadians.
Thanks to privacy lawyer Michael Power who e-mailed me BCFIPA Calls For Halt to FATCA with the link to the actual submission.