You keep sending me the same message. I am not sure why since the answer to your rhetorical question is obvious – FATCA does affect all people living in Canada who were born in the USA and retain their citizenship or never had it taken away.
James Turk <firstname.lastname@example.org>
David Robinson <email@example.com>
Date: 02/05/2014 02:42PM
Subject: This CAUT member wants an answer.
Under the agreement, financial institutions in Canada will not report any information directly to the IRS. Rather, relevant information on accounts held by U.S. residents and U.S. citizens (including U.S. citizens who are residents or citizens of Canada) will be reported to the Canada Revenue Agency (CRA). The CRA will then exchange the information with the IRS through the existing provisions and safeguards of the Canada-U.S. Tax Convention. This is consistent with Canada’s privacy laws.
Jim, tell me again how FATCA doesn’t affect the hundreds (thousands) of CAUT members that were born in the USA?