This is an Amur Maple, Acer Ginnala "Flame", planted in USDA zone 4 about 15 years ago. There are others like it planted in the neighbourhood who also have the cracks in the trunk this one does. I speculate that thin barked trees grown further south and planted in a colder zone cannot handle the whipsaw temperatures and freezing rain that are a regular part of our winters.
It is a tough scrubby tree but it has a two foot crack or longer on every major branch and a crack on the trunk that runs to the ground.
Some have healed up and the largest one down the trunk to the ground has gotten worse this winter after the episodes of freezing rain.
Any recommendations to remove or brace it?