The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: marcher who wrote (88148)	4/2/2013 10:53:19 PM
From: selivanov	2 Recommendations Read Replies (1) of 119361

Hey marcher, whatcha think of the "safest banking system in the world" after reading this? budget.gc.ca From page 145 of the recent budget (see link): "The Government proposes to implement a "bail-in" regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants."

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