Think a Cyprus-type confiscation of your money in your bank account can't happen in Canada? Here's a direct quote from pages 144-145 of our Canadian "Economic Action Plan 2013": "Establishing a Risk Management Framework for Domestic Systemically Important Banks ... The Government proposes to implement a "bail-in" regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants." Does this remind you of Cyprus? Does "certain bank liabilities" mean your hard-earned deposits? Remember, this "action plan" (budget) was written well before the Cyprus mess! Unbelievable.
And it's Higgs Boson! (from The Daily Beast): "Scientists Confirm Higgs Boson: OK, for real this time, guys. On Thursday, March 14th, scientists announced that they are confident that an elementary particle discovered in July 2012 was most likely the elusive Higgs Boson. The European Organization for Nuclear Research’s July 4 announcement of the discovery thrilled the science world, ending a decade-long hunt for what came to be known as the “God particle.” Scientists say a gray area that remains lies in determining whether the particle was the simplest form of Higgs or an “exotic” version. A meeting on the topic in Italy points toward the simply theory. Insert your own pope joke here.?