http://www.cbc.ca/news/business/moody-s-cuts-bank-outlook-to-negative-on-ottawa-s-bail-in-rule-1.2700128
The "bail-in" rule, included as part of the 2013 omnibus budget bill,
asserts that the federal government would not necessarily bail out a
bank on the brink of failure with taxpayer money...Canada has yet to set
parameters for how a bail-in might work. Mark Carney, who was Bank of
Canada governor at the time, said last April it was 'hard to fathom' a
scenario where Canadians' deposits would be touched, as happened in the
Cyprus bank failure.''
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