Apparently, poster has changed the headline. Not correct.
Following link, it is part of a canada budget titled:
Chapter 8 Tax Fairness and a Strong Financial Sector
There is a subsection on that page titled:
Introducing a Bank Recapitalization Bail-in Regime
Seizing depositor accounts is NOT part of the plan per the link.
“Seizing depositor accounts is NOT part of the plan per the link.”
Not per the link, true. But the regulations that are proposed and as authorized by this budget convert depositors into creditors.
http://www.zerohedge.com/news/2016-03-22/its-official-canadian-bank-depositors-are-now-risk-bail-ins