Correction: In this post earlier today, I said BMO responded to Suzanne Herman’s letter. Someone pointed out to me that the reply letter was from a former Product Manager for Bank of Montreal (BMO). I apologize for that earlier information and have made corrections in red below.
However, I am still left wondering if this is what BMO thinks of us. I hope BMO may issue a clarification considering that Mr.Cavanaugh used their name and his former title in his letter.
A debate has developed at the Squamish Chief between Suzanne Herman who had a letter to the editor The FATCA of the Matter published last week.
In her letter, Suzanne wrote:
First of all, the agreement will now make discrimination based on national origin legal in Canada.
She also called FATCA a threat to Canadian sovereignty.
Today, a former Program Manager, Capital Markets, Bank of Montreal responded with The Facts of FATCA. I find this letter among the most offensive I have read anywhere.
This letter essentially calls us tax evaders and criminals and says FATCA does not violate Canadian sovereignty.
BMO former Program Manager Capital Markets also has an interesting take on the Charter of Rights and Freedoms.
To take advantage of Canada’s Charter of Rights and Freedoms, you must be a a Canadian citizen and you must not be contravening any laws in Canada or any other country.
First of all, you do NOT have to be a Canadian citizen to be covered under the Charter of Rights and Freedoms. The very first Charter case (Andrews vs Law Society of British Columbia) was won by someone who was not a Canadian citizen. The court found a requirement of Canadian citizenship infringed on the plaintiff’s Charter equality rights.
Based on Mr. Cavanaugh’s understanding, it also appears Canadian women born in Saudi Arabia can’t avail themselves of the Charter because they are breaking Saudi laws by driving in Canada.
In any case, we now know what BMO former Program Manager thinks of us. I think Mr. Cavanaugh must now work for US Ttreasury and IRS. I’m surprised he didn’t call us “myths”