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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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.
https://budget.gc.ca/2016/docs/plan/ch8-en.html…
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Bail-in regime, a scheme to steal Canadians' savings to pay for a large bank failure was introduced in 2016 Budget. Justin Trudeau's first budget. Chapter 8
https://budget.gc.ca/2016/docs/plan/toc-tdm-en.html…
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