[PGR88]

What about Canadian banks?

I don't know for sure.

It is question of amounts. What is it worth for the Feds to pursue? Also, how "diversified" is the bank/geography? How easy is it for you to manage and what's your level of comfort with that bank/geography? For working stiffs like me with little net worth, having something off-shore that is easier to access and understandable (like Canada) might be good enough.

[Former Proud Canadian]

The only "security" you would have with Canadian banks is if the US government didn't know enough to ask if you had an account.

However, you might want to consider that nine years ago today you could buy a Canadian dollar for 63 cents US. Today it will cost you $1.05 US.

Some facts for you. Canadian debt to GDP ratio is 35%. US debt to GDP ratio is 100%. Canada provides 20% of all the oil the US imports. Canadian banks are very stable and there has not been a large bank failure in Canada since 1923.

The Bank of Canada is scrambling to keep the Canadian dollar down. If TSHTF in Europe it will be very difficult.