Please Listen to November 19 2013 CBC Broadcast To Learn Why Our Recalcitrant Canadian Banks–Each One Deputized By The IRS–Will Capitulate to U.S. FATCA Demands
A representative of the Canadian Bankers Association (CBA) explains succinctly in a November 19 CBC (Canadian Broadcasting Corporation) interview how Canada’s banks will respond to US “extraterritorial” demands for FATCA implementation. On November 25 the CBC/CBC reporter who interviewed the CBA correctly selected the term “deputized by the IRS” to describe the nature of the relationship