The only point I would add to that, though, is that issue you raised is not really a FATCA issue. It's an issue that would apply to any dual citizen in Canada who is in fact filing a U.S. tax return.
On May 13th, 2014. See this statement in context.
On May 13th, 2014. See this statement in context.
May 13th, 2014 / 4:05 p.m.
President and Chief Executive Officer, Investment Industry Association of Canada
The only point I would add to that, though, is that issue you raised is not really a FATCA issue. It's an issue that would apply to any dual citizen in Canada who is in fact filing a U.S. tax return.
See context to find out what was said next.