Interesting page of at MD Physician Services Funds on their compliance with FATCA. Indicate “current” position is to comply given the devastating financial consequences of not doing so however, they admit to significant client pushback on the issue. Currently discussing the issue through Tony Clement (head of Treasury Board). Given the somewhat cooperative nature of the organization they may very well be in “play”.
Further info: MD Physician services is actually controlled by the Canadian Medical Association which is on record as opposing FATCA although for now their financial services subsidiary says they are going to comply. I personal think they should have a vote at their annual meeting.