From the CBC "Trump bump: U.S. citizenship renunciation inquiries surge in Canada, lawyers say"

From the CBC

"Trump bump: U.S. citizenship renunciation inquiries surge in Canada, lawyers say"

https://www.cbc.ca/news/canada/calgary/trump-canada-us-dual-citizenship-politics-1.7443426?cmp=newsletter_CBC%20Calgary_1652_1849689

Exerpt:
"...lawyers in Canada involved in U.S. citizenship renunciation say inquiries have spiked sharply since the election of U.S. President Donald Trump last November.

Cowgill, a lawyer with Cross Border Visas, says monthly inquiries nearly doubled in December and he expects applications will rise this year.

Alexander Marino, director of U.S. tax law at Moodys Tax Law in Calgary, said that most people renounce U.S. citizenship for tax reasons — the U.S. is one of the few countries that imposes tax based on citizenship, not residency.

....

He said the spike in interest now is greater than in 2017 after Trump's first presidential win, and he expected 2025 to see a record number of people try to give up U.S. citizenship.

Moodys typically offers five to seven renunciation information webinars each year for U.S. citizens living in Canada; this year, they may schedule up to 12, Marino said...."