Mar 31, 2020

"Bail-in regime".. Twitter Updates - PRESSCORE.ca - Paul W. Kincaid - Canadian Indie Media


In the "event of a large (EU) bank failure, the (Trudeau) Government is proposing to implement a bail-in regime that would reinforce that bank shareholders and creditors (Canadians' savings & chequing accounts) are responsible (taken & used) for the bank’s risks—not taxpayers
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PRESS Core
@presscoreca
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Link to.Justin Trudeau 2016 Budget Chapter 8 Introducing a Bank Recapitalization “Bail-in” Regime In the event of another banking system crash "bank shareholders & creditors (deposits/savings)" will bail-out pay for/cover the failing banks' risks, loses. budget.gc.ca/2016/docs/plan
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12:29 AM · Mar 30, 2020Twitter Web App


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