Privacy debate looms as Canada prepares to share bank data with U.S. – The Globe and Mail

A debate over fighting tax evasion versus protecting personal privacy looms large for Canada as it prepares to announce a deal with the United States to share banking information.

The arrangement would allow Ottawa to soften the blow for Canada – and the roughly one million Americans who live here – when it begins complying with the more controversial aspects of a sweeping new U.S. law that takes effect on Jan. 1.

via Privacy debate looms as Canada prepares to share bank data with U.S. – The Globe and Mail.