It's Official: Canadian Bank Depositors Are Now At Risk Of Bail-Ins

http://www.zerohedge.com/news/2016-03-22/its-official-canadian-bank-depositors-are-now-risk-bail-ins

...we have official confirmation that Canada has just become the latest country to treat depositors as the bank creditors they are, and as such, they too will be impaired, or "bailed-in" the next time a Canadian bank needs to be rescued. 

This new "bail-in" regime is spun as benefitting taxpayers; what isn't mentioned is that most of those taxpayers who will be "protected" also happen to be the impaired depositors (also known as creditors) in these soon to be bailed-in banks, which begs the question: just who or what is being protected here? 

The Catastrophic Threat of Bail-Ins

I've been blogging about the imminent dangers of bank bail-ins for several years now.  This is an articulate explanation of what to expect in the aftermath of the next financial crisis.

https://www.sprottmoney.com/blog/the-catastrophic-threat-of-bail-ins-jeff-nielson.html

New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners

I gave presentations on the dangers of a looming bank bail-in in 2013, and this is another good article from Ellen Brown on the topic.

http://ellenbrown.com/2014/12/01/new-rules-cyprus-style-bail-ins-to-hit-deposits-and-pensions/

Eric Sprott: “All The Paperwork Has Been Laid Out—For Bail-Ins As The Solution In The West”

http://bullmarketthinking.com/eric-sprott-all-the-paperwork-has-been-laid-out-for-bail-ins-as-the-solution-in-the-west/

“The one event in my mind would be when it becomes apparent to everyone that having a deposit in a bank is a very risky situation. We saw that in Cyprus where the depositors got nailed on the bail-in. We’ve seen all these proposals to have bail-ins as the solution to the problem in the US, in Canada, in Britain, in New Zealand and in Europe. All the paperwork has been laid out.”

Eric Sprott: “All The Paperwork Has Been Laid Out—For Bail-Ins As The Solution In The West”

http://bullmarketthinking.com/eric-sprott-all-the-paperwork-has-been-laid-out-for-bail-ins-as-the-solution-in-the-west/

Global Financial and Commodity Market Forecasts 2013 Bankster Bankruptcy Bail-Ins Are Retirement Accounts Next?

http://www.marketoracle.co.uk/Article41177.html