Why would the Canadian banks even consider selling out their “US citizen” clients? The banks are aware of the privacy laws and the charter rights, are they not? Well, they understand that their majority clients who are not US persons would be greatly inconvenienced if their banking institutions refused to become FATCA compliant. Billions of dollars are at stake. So I quite understand why they are playing fast and loose with Canadian privacy laws and our beloved charter rights. It’s about money. A lot of money.
But what is the price of an innocent man or woman who has committed no crime? Are they worth one million dollars? a billion? a trillion? If the entire economic system as we know it is at stake, is it right to hand over an innocent person?
Nearly 27 centuries ago (=2700 years), the prophet Amos, as spokesman for the eternal God, critiqued Israel (Amos 2:6-7; RSV) :
For three transgressions of Israel,
and for four, I will not revoke the punishment;
because they sell the righteous for silver,
and the needy for a pair of shoes—they that trample the head of the poor into the dust of the earth,
and turn aside the way of the afflicted;
The Book of Amos makes it clear that it is wrong to sell a person’s life for money. Yet the Canadian government and the banks are in negotiations to sell out nearly one million people, handing their private information to the IRS and exposing them to utter financial ruin. These people who are either in Canadian government and financial institutions, need to go back to grade school and take some lessons in basic civics. It is never right to sell the righteous for silver. Human rights trump money. It always has and it always will.