In the crash of 2008 governments "bailed out" banks with billions of dollars. The next time around banks will be permitted to seize your deposits and exchange them for shares, shares in a failed bank.

Trudeau's Bail-In Now Law to Allow Banks to Confiscate Your Deposits

By Dr. Charles McVety —— Bio and Archives--August 21, 2016

Canadian News, Politics | Comments | Back To Full Article

On June 22, 2016 Bill C15 became law along with its controversial "Bail-In Regime". In the crash of 2008 governments "bailed out" banks with billions of dollars. The next time around banks will be permitted to seize your deposits and exchange them for shares, shares in a failed bank.

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