Economic Action Plan 2014 Act, No. 1  Mr. Speaker, I would like to thank the hon. member for her question. I completely agree with the member. It is clear that FATCA is advantageous for the United States alone. There is nothing in it to help Canadians. As the lawyers and legal experts explained, the only reason why

Economic Action Plan 2014 Act, No. 1  Mr. Speaker, there are many complex aspects of this omnibus legislation. Certainly, even the title, FATCA, foreign accounts taxation and compliance agreement, is one of the most complex. It certainly would, as the hon. member stated, affect people who have no idea whatsoever

Canada-U.S. Relations  Mr. Speaker, I rise to ask a question today of the Minister of Finance relating to the Foreign Account Tax Compliance Act, FATCA. On the U.S. side of the border, there are concerns raised that because the treaties have not been ratified through the U.S. Senate, these may