Get ready everyone. Today may be the day.
I was just contacted via e-mail by Barrie McKenna of the Globe and Mail:
It looks like Canada has reached an agreement with the US on FATCA. Details at 2 p.m. Are you around to react later today? Please let me know, or perhaps suggest someone else. Thanks
OMG! Yes, I am available to speak with you. Can I share the information from you with others and on the web?
What is your source that a deal has been reached?
Finance Dept. is doing a media briefing shortly on “issues associated with FATCA,” embargoed to 2 p.m. I am making an assumption they have an IGA with US.
So, this is not for certain an IGA has been reached. But, we should know if that is reason for the briefing when the media is able to release the details at 2:00 p.m.
I’ll keep you updated as soon as I learn more.