In Canada Capitulates on FATCA Agreement, http://bit.ly/1gcUqC9, Don Whitely writes
In signing an agreement spelling out the details of how Canada will comply with a U.S. tax law targeting Americans living in Canada, our country surrendered its sovereignty
He also says:
For the U.S., it’s arguably the most successful assault on Canada since the War of 1812. A close rival for
There’s lots more including the U.S. threats, the capitulation of Ottawa, how the banks dodged a bullet, the possibility of lawsuits, our sense of betrayal and more.
My guess is the Americans can’t believe they are getting away with this.
My guess is they are still celebrating at the success of their financial terrorism.