OTCPK:VGIPF - Post by User
Post by
Indicatoron Apr 05, 2013 10:42am
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Post# 21215357
FYI - Ottawa looking at Cypress solution
FYI - Ottawa looking at Cypress solution Off topic here, but this is not something that should go unnoticed by anyone with chunks of cash in the bank.
For a start, it looks like it's time to spread cash around in various different banks, to at least keep the deposits below the 100K insurance limit.
Neil Macdonald: Ottawa weighing plans for bank failures
Federal government looking at 'Cyprus solution'
By Neil Macdonald, CBC News
Posted: Apr 3, 2013 5:07 AM ET
https://www.cbc.ca/news/politics/story/2013/04/02/f-rfa-macdonald-canada-cyprus-banks.html