"Be prepared. If you hold the wrong kind of bank accounts, Finance Minister Jim Flaherty may have your savings in his cross-hairs.
That’s the message from the finance department, which has been set the unwelcome task of having to explain the government’s latest attempt to prevent a Cyprus-style financial meltdown in Canada."
A CONTROLLED FINANCIAL MELTDOWN IS IN THE WORKS FOR CANADA.
"The good news is that the Canadian banking system is nowhere near as shaky as that of Cyprus. At their height, Cypriot banks held liabilities worth eight times the island nation’s entire economy.
The bad news is that the Cypriots thought their banks were safe, too."