Mr. Chair, apparently after they get an answer, the members opposite create their own answer, ignoring the facts. However, in fact I gave them an array of dates, which clearly demonstrated that people had much more time than that.
There is no requirement for a financial institution to notify clients that information about their account is being provided to the CRA under the terms of the intergovernmental agreement. Nevertheless, clients of financial institutions whose accounts already have been reported are generally expected to be aware of this fact because they have self-identified as U.S. persons or have been contacted by their financial institutions about information associated with the account that suggests they may be a U.S. person.