I'm liquidating all my Canadian assets and getting the f out in the next 2 years hopefully. My question is to anyone doing this or at least having put thought into it is: what should I change my worthless CAD to until I establish myself elsewhere? I'm talking about sums >100k. Currency exchanges take huge cuts on every change from my experience and bullion can't be freely transported accross borders. I'm not comfortable holding large CAD sums for any amount of time because it's decomposing trash. Where I go will be mostly dependent on my work situation, but the eurozone seems probable. Any tips?
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I agree with the risk of savings being seized. Can you imagine an NDP cabinet? They would surely seek to raid bank accounts and assets. Harper introduced a law before 2010 where any bullion trader has to record your info whenever you're buying or selling. I don't see any reason for this other than retroactively taxing or straight up confiscating from private owners. Imagine the easy unabashed rhetoric from gov and msm if they go for it.
lol, you don't think that the coin shortages and and cashless COVID test run had anything to do with some gay double nothingburger Flu, do you?