Withholding Agents in Canada
Hello everyone I had a quick question about Canadian banks. I have my investment accounts with my bank (big 5 bank). Legally when I buy the stocks they hold them for me, until I decide to sell them. My question is if the bank were forced into liquidation due to some unforeseen economic collapse or something crazy like that, would they be able to liquidate my shares in different companies to pay their own liabilities, or would they not be able to touch them under Canadian law?
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