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The following News Release or Speech has just been posted on the Finance Canada Site

Ottawa, July 10, 2008
2008-052

The Honourable Jim Flaherty, Minister of Finance, today indicated Canadian agreement with the United States Treasury Department’s Technical Explanation to the Fifth Protocol to the Canada-United States Tax Convention. Canada ratified the Protocol on December 14, 2007, when Bill S-2 received Royal Assent.

It is the usual practice of the U.S. Treasury Department to prepare a technical explanation of tax treaties and protocols subject to formal ratification. While it is not customary for Canada to issue such an explanation, Canada was given an opportunity to review and comment on the U.S. document. The Minister indicated that Canada agrees that the Technical Explanation accurately reflects understandings reached in the course of negotiations with respect to the interpretation and application of the various provisions in the Protocol.

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If you recall .. as of January 23, 2007, a new American law required everyone entering the United States by air to have a passport.

Apparently .. that creates too many lineups at the borders.

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I noticed multiple searches in my refer logs wondering about passports, so I would just like to remind everybody about a previous post made last November ..

It comes into effect Tuesday January 23, 2007