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Dr. McVety

Conservative Budget Bail-in Regime May Allow Banks to Confiscate Customer's Deposits

by Dr McVety

On March 21st, 2013, Prime Minister Stephen Harper had his Finance Minister Jim Flaherty present their 2013 Budget that included a "Bail-In Regime" on page 145. "The clause will allow banks to convert liabilities into capital in times of need". The recent events in Cyprus, coupled with the G20 agreement in Mexico City-2012, suggest that this so called bail-in scheme may be used to plunder the savings of Canadians.

...Conservative Budget Bail-in Regime May Allow Banks to Confiscate Customer's Deposits

Don't be duped by Trudeau's carbon pricing plan

Prime Minister Justin Trudeau’s carbon pricing plan released Thursday by Climate Change Minister Catherine McKenna is a political fraud.

It will not achieve the government’s promised industrial greenhouse gas emission reduction targets for 2020 or 2030.

It will increase the cost of living for Canadians, adding hundreds of dollars to their annual household bills, year after year.

The plan says that by 2022, we will be paying an estimated 11.6 cents more per litre of gas alone, solely due to carbon pricing.

It omits that after that, we’ll be paying even more, as Canada’s carbon price continues to rise.

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Trudeau's Bail-In Now Law to Allow Banks to Confiscate Your Deposits

On June 22, 2016 Bill C-15 became law along with its controversial "Bail-In Regime". In the crash of 2008 governments "bailed out" banks with billions of dollars. The next time around banks will be permitted to seize your deposits and exchange them for shares, shares in a failed bank.

Some say that Canadian banks are so strong Canadians don't have to worry. But the experts say "Canada is in Serious Trouble". DBRS, Moody's and Standard and Poors all have downgraded Canadian banks to a "negative" outlook. The Bank of Canada says our housing market is 30% overvalued, Deutsche Bank says 63% and CMHC says 35%. With average house prices now over $1.3 million in Toronto and Vancouver, a crash appears imminent.

...Trudeau's Bail-In Now Law to Allow Banks to Confiscate Your Deposits

A Great Preacher of God's Word, Dr. John Wesley White, Has Passed Away

Dr. John Wesley White, a Billy Graham Evangelist and one of the founding partners in establishing Canada Christian College and School of Graduate Theological Studies, died this week. He was a great man of God.

John Wesley White was born on a farm near Pangman, Saskatchewan. From his rural beginnings he rose to earn a Ph.D from Oxford University and he became Billy Graham's Associate Evangelist as well as the author of 23 best-selling books.

...A Great Preacher of God's Word, Dr. John Wesley White, Has Passed Away

Reject Ontario PC Leader Patrick Brown's Promises to Liberalize the Federal Conservative Party

On behalf of the now 148,000 members of the Institute for Canadian Values and conservative thinking Canadians we ask delegates to reject Ontario PC Leader Patrick Brown's Promises to Liberalize the Federal Conservative Party.

Canadians are sick and tired of politicians saying one thing and doing the opposite. After receiving support of conservative voters so many leaders betray their supporters and adopt liberal policies. We are concerned that some may make this happen to the Conservative Party.

...Reject Ontario PC Leader Patrick Brown's Promises to Liberalize the Federal Conservative Party