My buddies Dad is fairly well off and has a fair bit of savings and investments , he says he is transferring it all today into Canada savings bonds .. if they sieze it they flit their own throat. They won’t really give him a return bit for the 30 days the act is in effect his money should be safe .. I’m not big on the banking aspect or tax implications but maybe pass the word around .
I fail to see the strategy here. He is giving Canada his money in case they seize it?
