Thank you Calgary411 for posting this for me.
As some of you already know, I heard back from Canada’s Revenue Minister, the Honourable Diane Lebouthillier, as to whether my Canadian banking information had been sent to the CRA in last year’s FATCA IGA information reporting.
As it turned out, three information slips were reported from two different investment firms where I had signed a W-9 at some point. None of my other bank accounts where I had not signed a W-9 were reported although one of my bank’s managers knew I was a USP. She retired before it came time to report that account. It’s good to know that the CRA isn’t being extra helpful to the IRS by providing information slips on bank accounts that it is aware of through Canadian tax reporting – yet.
The letter contains a contact number for the Director with the Canadian Competent Authority Services Division others may find useful in trying to get straight answers when having to deal with FATCA.
Thanks very much, Bubblebustin, for sharing with other Canadian Brockers your CRA Letter (linked above)!