There is no commercial in the Media on the provision on Economic Action Plan terms providing for ``a comprehensive risk management frame work for systemically important banks`` which may place the bank deposits, the  assets, of individuals at risk.

Members of Parliament are in their constituencies. Consider asking your Member(s) whether they are aware that the Economic Action Plan 2013 will implement a comprehensive risk management framework for Canada’s systemically important banks, a framework through which a bank in difficulty ``can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. `` right here. The ``certain liabilities``, as in Cyprus, potentially being the deposits  of customers.

This provision has not, to my knowledge, been considered by our Canadian Media.

This post is sent to you for the information provided and for consideration of action on your part. Action should you share the opinion those who may be affected ought to be made aware  of this portion of the Economic Action Plan that may directly affect them.

Yours very truly,

Joe Hueglin,
Member 29th Parliament
Niagara Falls Riding