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.
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.