Economic Action Plan 2014 Act, No. 1   me get to my question, which deals with FATCA. As we know, under FATCA, Canadian banks must report to the IRS the accounts held by clients who happen to have U.S. citizenship. In Canada there are about a million of them. Otherwise they face the prospect of a 30% withholding tax

Points of Order   information exchange agreement implementation act, legislation implementing Canadian legislation under U.S. legislation known as FATCA. I am not rising to debate the merits of FATCA, as that would not be a proper use of a point of order. Instead, I rise to seek your ruling as to whether

Points of Order   years as formally enshrined and much longer than that if one looks at historical practice whereby governments have routinely informed Parliament of international agreements signed and ratified. While I and the Liberal Party of Canada have strong and profound disagreements with FATCA

Foreign Affairs committee   to call FATCA, is in the budget implementation bill, Bill C-31, at this point. I would like to ask a question. Of course, it deals with the fact that we are going to be helping the United States, specifically the Internal Revenue Service,with information so that they can collect