Global Basel III End Game | Canada Crisis of confidence June 30, 2026? Part II of II IMPORTANT!
In the crosshairs.
Disclaimer
I personally do not advocate any process or procedure contained in any of my human publications. Information presented is not intended to provide legal, lawful, financial or medical advice, diagnosis, treatment, cure, nor prevent any disease. Views expressed are for educational purposes only. I surround, protect, purify and make harmless the following information.
Bank Act S.C. 1991, c. 46 [Canada]
Sunset provision
21 (1) Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2025.
Sunset provision 2025
21 (1) Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2026.
Sunset provision 2026
21 (1) Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2026.
670 (1) Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2026.
https://laws-lois.justice.gc.ca/eng/acts/B-1.01/FullText.html
Crisis of confidence
What happens in the 72 hours before June 30, 2026 if there is uncertainty because markets move on perception, not reality. If credit rating agencies signal legislative failure is possible, if international investors see governance breakdown, if the Canadian dollar starts to wobble such a cascade can become unstoppable.
Sunset provision
In previous cycles of 5 years each, the Department of Finance would begin consultations 18 months before the deadline. Consultation with stakeholders was transparent and inclusive. By the time legislation reached parliament it was a consensus driven bill without drama and passed with broad support. This time, the timeline is compressed.
AI generated responses
If a sunset clause in Canadian legislation expires without an extension, the legal authority, program, or exemption it governs automatically terminates. The specific consequence depends on what the clause was designed to limit or enable.
Cessation of Business or Operations
For financial sector legislation like the Bank Act, the consequence is severe and immediate. Section 21(1) stipulates that if the sunset date passes without parliamentary renewal, banks and authorized foreign banks must legally cease carrying on business in Canada. This “hard stop” is unique to banking statutes and is designed to force a comprehensive legislative review every five years. Without an extension, the statutory framework authorizing their existence would effectively dissolve. Source https://search.brave.com/ask?q=What+happens+if+a+sunset+clause+expires+without+extension%3F&source=llmFollowup&conversation=091e69f313abe5d2418ea262a1c06f379847
BCBS is the Politburo of the world
Basel III was made by the Bank for International Settlements (BIS). Its essence is in the following: BIS runs the IMF, and this, in turn, runs central banks of all countries. The body of such control is called BCBS – the Basel Committee on Banking Supervision. BCBS outlined transitional arrangements from 2017 to 2028 to provide banks sufficient time to adjust their operations and practices to comply with the new standards.
Part I Legal relationship between banks/depositors
See ‘Engineered’ global financial crisis 2008-2009 at
https://www.ourgreaterdestiny.ca/p/what-is-the-legal-relationship-between
Problem, reaction, solution
In the wake of the global financial crisis 2008–2009 the Basel III framework has taken into account weaknesses identified in the financial sector and aims to ensure banks are better placed to absorb economic shocks while continuing to finance economic activity and growth. What follows is ‘their’ solution.
Office of Superintendent of Financial Institutions [OSFI]
OSFI is the sole regulator of banks and primary regulator of insurance companies, trust companies, loan companies and pension plans in Canada. https://www.osfi-bsif.gc.ca/en
OSFI, as a member of the Basel Committee on Banking Supervision (BCBS), participated in the development of the international liquidity framework published on the Bank for International Settlements (BIS) website.
Liquidity Adequacy Requirements (LAR) 2026
Canada
Effective Date: May 1, 2026
Source https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/liquidity-adequacy-requirements-lar-guideline-2026
Liquidity Adequacy Requirements (LAR) 2027
Consultation status: Open Canada
Publication type: Draft guideline
Category: Liquidity Adequacy Requirements
Effective Date: May 21, 2026
Sector: Banks, Trust and Loan Companies
Effective Date: May 1, 2027
Feedback by July 20, 2026
To review the version of this chapter currently in effect, please visit Liquidity Adequacy Requirements (LAR) (2026) Chapter 2 – Liquidity Coverage Ratio.
Provide your feedback to Consultations@osfi-bsif.gc.ca by July 20, 2026.
Federal Reserve Board USA
Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system.
Comments on all three proposals must be received by June 18, 2026.
Source https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260319a.htm
https://www.fdic.gov/news/press-releases/2026/agencies-request-comment-proposals-modernize-regulatory-capital-framework
Global
Algorithms restricted access to Basel III End Game requirements for other countries. Please, search your country to assess impact on your banks and your future.
I suggest the video narrator is of AI origin
Consequently, I searched for evidence included herein.
How to step out of the line of fire
The narrator explains the Basel III liquidity framework, the Liquidity Coverage Ratio (LCR), the Net Stable Funding Ratio (NSFR), and why regulators are reclassifying billions in assets that were never truly liquid. If you hold savings, ETFs, GICs, or structured products at a Canadian bank, this regulatory shift directly affects your financial position.
Normalcy bias
Human beings are hardwired to believe tomorrow will look like yesterday. Psychologists call it normalcy bias, a feature of human cognition that evolved to conserve mental energy in stable environments. In a world where most days resemble the day before, normalcy bias is efficient. It allows you to function without constant threat assessment. In the specific window of time between when a structural fault line begins to crack and when it becomes publicly visible, normalcy bias is not efficiency. It is a trap. It is the mechanism by which intelligent informed people remain positioned for a world that no longer exists.
Money illusion
The second psychological trap is subtler and more destructive than normalcy bias. It is what economists call the money illusion and it operates on almost everyone who has accumulated any kind of financial position over the past decade. The money illusion is the cognitive error of measuring your wealth in nominal terms in the number on the statement rather than in real purchasing power.
Binary choice
There is a binary choice available right now in this specific window before the convergence becomes visible to everyone. I want to frame it not as a financial decision but as what it actually is … a structural decision about whether you own assets or whether you own claims on assets.
Call to action
Who is raising awareness regarding global structural liquidity reclassification and its enormous implications? Awareness also allows individuals to consider removing armor of normalcy bias.
Focus in the present to steward the future
While populations repeatedly cycle in areas of concern [things you cannot change], your creativity and positive intentions empowered through heart/brain coherence to influence a coherent future remain delayed. https://www.ourgreaterdestiny.ca/t/evolution
Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
banks