The number of banking records the Canadian government is sharing with U.S. tax authorities under a controversial information-sharing deal has increased sharply, CBC News has learned.
The Canada Revenue Agency sent 900,000 financial records belonging to Canadian residents to the Internal Revenue Service in September — nearly a third more than it sent the previous year. The records were for the 2018 tax year.
It also has updated the number of records shared for the 2017 tax year to 700,000 from the 600,000 originally reported.
Read full story here: Nearly A Million Canadian Bank Records Sent To IRS | CBC News