In light of the Canadian financial institutions’ concerns, as well as of the fraud and tax evasion issues in both the national and international context, Canada had enacted, in 2014, the Canada–United States Enhanced Tax Information Exchange Agreement Implementation Act that has since been aligned with the American Foreign Account Tax Compliance Act (FATCA), which applies to US reportable accounts held by US persons in Canada. The first exchange of information that took effect on September 30, 2015 was the trigger of a series of contestations which aimed to challenge both the illegality of the automatic exchange of information, including their legal grounds, and the influence and extraterritoriality impact of the FATCA. Self-evidently, the ruling of the Federal Court of Canada in the case under comment reflected these legal challenges.