I think you've nailed it in that sense. It's really about putting creditors as well as shareholders in the sequence of response ahead of the taxpayer in that scenario.
On May 18th, 2016. See this statement in context.
On May 18th, 2016. See this statement in context.
Director, Financial Institutions, Financial Sector Policy Branch, Department of Finance
I think you've nailed it in that sense. It's really about putting creditors as well as shareholders in the sequence of response ahead of the taxpayer in that scenario.
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