Submitted by Joseph Calhoun via Alhambra Investment Partners,

Canada has joined the “bail-in” posse.

Canada will introduce legislation to implement a "bail-in" regime for systemically important banks that would shift some of the responsibility for propping up failing institutions to creditors.

The proposed plan outlined in the federal budget released on Tuesday would allow authorities to convert eligible long-term debt of a failing lender into common shares in order to recapitalize the bank, allowing it to remain operating.

Source: CNBC

“Housing in Vancouver is insane — it was insane when I left and it’s more insane now.”

That’s from 33-year-old Kevin Oke, co-founder of LlamaZoo Interactive who left Vancouver for Victoria two years ago because he couldn’t afford to buy a home in his native city even while earning a generous salary as a lead designer at a video-game company whose clients included Atari and Ubisoft Entertainment SA.  

Constellations, playing through March 27 on Studio Theatre’s 4th Stage in Washington, is a slender play that uses its increasingly-familiar structure to illuminate less-familiar questions.

Submitted by Oscar Webb via MiddleEastEye.net,

Beko stood outside the Moria centre, trying to make sense of where to go next after a controversial plan to send migrants and refugees from Europe back to their countries came into effect earlier this week.

The 28-year-old from Baghdad, his Syrian wife and their two-month-old son are among hundreds of people who have arrived on dinghys and boats to Greece in recent days, after a deadline for the new EU-Turkey deal passed at midnight on Sunday.