I recall a note on this site regarding the most recent Canadian Federal Budget whereby this 'bail-in' strategy is now the law in Canada and it can be implemented over the weekend as stated in "The Dijessel-Bomb" post. I think it was on page 233 or close by. The press said nothing ... Why ??? maybe that's a lot of pages to read for a fact, or perhaps ???

Your bank deposits are still quaranteed up to $100K, if you have more on deposit with any one bank, trust company, credit union or insurance company, you are taking a completely unnecessary risk with your $'s and Steven is drooling for more.