<html><body><div style="color:#000; background-color:#fff; font-family:lucida console, sans-serif;font-size:10pt"><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; ">Hi folks</div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><br></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; ">Canada had a bank bailout after all -- to the tune of $114 billion</span><br></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; "><br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span
class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; ">Canadian Banks got $3,400 for every man, woman and child in the country. On a per capita basis, that’s more than what U.S. banks needed.<br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; "><br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; ">CIBC, BMO, and Scotiabank—were completely under water, with government support exceeding the market value of the
company.<br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; "><br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; ">Canada's largest banks took $75 billion in short-term collateralized loans from the Bank of Canada & U.S. Federal Reserve.<br></span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; "><br></span></div><div
style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 18px; ">Here is the link to the report from the Canadian Centre for Policy Alternatives:</span></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><br></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><a href="http://www.policyalternatives.ca/newsroom/updates/study-reveals-secret-canadian-bank-bailout">http://www.policyalternatives.ca/newsroom/updates/study-reveals-secret-canadian-bank-bailout</a><br></div><div style="font-family: 'lucida console', sans-serif; font-size: 10pt; "><br></div><div><font class="Apple-style-span" color="#333333" face="HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif"><span class="Apple-style-span" style="font-size: 14px;
line-height: 18px;">Here is the link to the Huffington post coverage </span></font><a href="http://www.huffingtonpost.ca/2012/04/30/canada-bank-bailout-cost-ccpa_n_1464398.html?ref=canada">http://www.huffingtonpost.ca/2012/04/30/canada-bank-bailout-cost-ccpa_n_1464398.html?ref=canada</a></div><div><font class="Apple-style-span" color="#333333" face="HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif"><span class="Apple-style-span" style="font-size: 14px; line-height: 18px; "><br></span></font></div><div><font class="Apple-style-span" color="#333333" face="HelveticaNeue, 'Helvetica Neue', Helvetica, Arial, sans-serif"><span class="Apple-style-span" style="font-size: 14px; line-height: 18px;">Here is the link to the Toronto Star Article: </span></font><a
href="http://www.thestar.com/business/article/1170551--banks-received-billions-in-support-during-2008-09-crisis-report-says#.T57k-YqIab4.twitter">http://www.thestar.com/business/article/1170551--banks-received-billions-in-support-during-2008-09-crisis-report-says#.T57k-YqIab4.twitter</a></div><div><br></div><div>Lulu </div></div></body></html>