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Bad News For Canadians: "You Have 30 Days To Close Your Account"
Zero Hedge ^ | 4/24/2016 | Tyler Durdin

Posted on 04/25/2016 5:23:45 AM PDT by lafroste

Dear Canadians, bad news: your money is no longer welcome with U.S. brokerages. Why? Because you are, well, Canadian.



TOPICS: Business/Economy; Canada; Foreign Affairs; News/Current Events
KEYWORDS: brokerage; canadaaccounts; scottrade
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Is this for real? Can anyone shed some light on this?
1 posted on 04/25/2016 5:23:45 AM PDT by lafroste
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To: lafroste

Probably too much paperwork for the broker for not enough return.


2 posted on 04/25/2016 5:29:19 AM PDT by Former Proud Canadian
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To: lafroste
I tried to pay my electric bill over the phone today as usual. Now in order to do that I must register my banking information in an on-line database along with a username and password. I called to find out WTF?

The federal government demanded this change according to the lady at the utility company. I was flabbergasted.

Something is going on and it ain't good.

3 posted on 04/25/2016 5:31:35 AM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: lafroste

That’s wild!


4 posted on 04/25/2016 5:31:50 AM PDT by FR_addict (Ryan needs to go!)
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To: lafroste

I wish we could send Canadian Cruz back.


5 posted on 04/25/2016 5:32:50 AM PDT by FR_addict (Ryan needs to go!)
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To: Former Proud Canadian
What a great excuse to post this Blame Canada clip.
6 posted on 04/25/2016 5:34:34 AM PDT by fella ("As it was before Noah so shall it be again,")
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To: lafroste

So Ted will be closing his account?


7 posted on 04/25/2016 5:34:35 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: lafroste

lol at the comments
“ Who wants stinking currency with water fowl on it anyway?”


8 posted on 04/25/2016 5:39:14 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: blackdog

I despise the central socialist government, as many here may recall; however, I have been paying my utility bills, and HOA fees automatically from my checking account for decades.


9 posted on 04/25/2016 5:39:47 AM PDT by HomerBohn (Liberals and slinkies: they're good for nothing, but you smile as you shove them down the stairs.)
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To: fella

Lol - that’s funny.


10 posted on 04/25/2016 5:43:28 AM PDT by JudyinCanada
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To: silverleaf
“ Who wants stinking currency with water fowl on it anyway?”

Preferable to what Jugears proposes to put on our currency.

11 posted on 04/25/2016 6:04:29 AM PDT by Lion Den Dan
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To: lafroste

The Feds must not want any international incidents when they seize the accounts.


12 posted on 04/25/2016 6:06:03 AM PDT by PAR35
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To: lafroste

I can report that the headline chosen by ZeroHedge is false, or at least not supported by the letter they show. They appear to have fabricated the “you have 30 days to close your account” part.

But I guess it’s safe to assume that everything else ZeroHedge has published over the years is 100% true, never exaggerated. Because it’s on the internet, you know.


13 posted on 04/25/2016 6:10:14 AM PDT by Jordo
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To: blackdog

Can you say, “Thank You, Obastard”?....................


14 posted on 04/25/2016 6:20:45 AM PDT by Red Badger (WE DON'T NEED NO STEENKING TAGLINES!...........................)
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To: FR_addict

Your sending Constitutional Conservative Cruz back has what to do with this thread?


15 posted on 04/25/2016 6:36:08 AM PDT by Calpublican
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To: Calpublican

You could have just left the “Constitutional Conservative” out....particularly after he voted for Corker.

Just because he calls himself that doesn’t mean he is.


16 posted on 04/25/2016 6:39:43 AM PDT by Aria (2016: The gravy train v Donald Trump)
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To: lafroste

“we will be unable to...”
Translation.
“we have chosen to not...”
Say what you mean, a$$wholes.


17 posted on 04/25/2016 6:41:31 AM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: FR_addict
Meanwhile Western Union wire transfers billions each week to Mexico from Mexicans working in the United States.

Any Scott Trade account holders from Mexico around here?

18 posted on 04/25/2016 6:44:26 AM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: blackdog
Now in order to do that I must register my banking information in an on-line database along with a username and password. I called to find out WTF?

Simple. If you become known to have joined the resistance, they can freeze or empty your accounts with a mouse click.

19 posted on 04/25/2016 6:46:03 AM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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To: FR_addict

Let me also amend my comment. Each week Western Union wire transfers billions in government cash assistance money to Mexico from illegal immigrants.


20 posted on 04/25/2016 6:46:18 AM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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