If it can happen there then it can happen here

The Cyprus model for Canada’s big banks

By Guest Column Brian Lilley—— Bio and Archives--March 31, 2013

Canadian News, Politics | Comments | Back To Full Article

I started asking on Monday, and again on Tuesday, whether the confiscation of money from private bank accounts could happen in Canada the way it has happened in Cyprus. My argument was that yes it could, especially given that Cyprus is a modern European nation and that the decision to dip into accounts was made by finance ministers and officials from countries such as Germany, France and Italy.

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