Trudeau gives banks power to freeze funds without court order in bid to choke off protest funding

New powers give institutions the ability to freeze corporate accounts and cancel insurance tied to trucks that are being used in the blockades

Author of the article:Barbara Shecter
Publishing date:Feb 14, 2022 • Last Updated 1 hour ago • 2 minute read


New emergency powers invoked by the federal government on Monday will expand the abilities of Canada’s financial institutions and regulators to track and control funding to protesters interfering with border crossings and restricting movement in Ottawa.

In addition, Deputy Prime Minister Chrystia Freeland said the new powers give institutions the ability to freeze corporate accounts and cancel insurance tied to trucks that are being used in the blockades.

“The government is issuing an order with immediate effect under the Emergencies Act, authorizing Canadian financial institutions to temporarily cease providing financial services where the institution suspects that an account is being used to further the illegal blockades and occupations,” she said. “This order covers both personal and corporate accounts.”

https://www.google.com/amp/s/financialpost.com/fp-finance/banking/trudeau-gives-banks-power-to-freeze-funds-without-court-order-in-bid-to-choke-off-protest-funding/wcm/959f16f9-0e9b-427e-a1a3-6c0d7bc21982/amp/

life2017:
Trudeau gives banks power to freeze funds without court order in bid to choke off protest funding

New powers give institutions the ability to freeze corporate accounts and cancel insurance tied to trucks that are being used in the blockades

Author of the article:Barbara Shecter
Publishing date:Feb 14, 2022 • Last Updated 1 hour ago • 2 minute read


New emergency powers invoked by the federal government on Monday will expand the abilities of Canada’s financial institutions and regulators to track and control funding to protesters interfering with border crossings and restricting movement in Ottawa.

In addition, Deputy Prime Minister Chrystia Freeland said the new powers give institutions the ability to freeze corporate accounts and cancel insurance tied to trucks that are being used in the blockades.

“The government is issuing an order with immediate effect under the Emergencies Act, authorizing Canadian financial institutions to temporarily cease providing financial services where the institution suspects that an account is being used to further the illegal blockades and occupations,” she said. “This order covers both personal and corporate accounts.”

https://www.google.com/amp/s/financialpost.com/fp-finance/banking/trudeau-gives-banks-power-to-freeze-funds-without-court-order-in-bid-to-choke-off-protest-funding/wcm/959f16f9-0e9b-427e-a1a3-6c0d7bc21982/amp/

They do not need any court orders to invoke Emergency Act. An act is already law and what Trudeau just did was to invoke it. At least they are not shooting and killing protesters and hiding their corpses, as we do down here.

NaijaCowFarm:


At least they are not shooting protesters and hiding their corpses

Are you waiting for them to start shooting protesters before it's seen as bridge of fundamental human right?
This isn't Buhari's government, Tinubu as Lagos godfather or Lau Mohammed as info minister where madness is the order of the day in government.

Canadian government don dey cross boundary small small

Hypocrisy of the western world.

They would have been shouting blue murder if it were to be an African leader who made this draconic order.

I'm still waiting for the day AU will start issuing press statements to condemn excesses of western leader/ powers such as Putin, WH, China, EU, NATO etc

Another buhari is ruling Canada now. Canada want to turn themselves to a lawlessness country like Nigeria.

NaijaCowFarm:


They do not need any court orders to invoke Emergency Act. An act is already law and what Trudeau just did was to invoke it. At least they are not shooting and killing protesters and hiding their corpses, as we do down here.

You mean Canada is doing this rubbish but it is okay by you. Slave mentality will not kill Nigerians. Hypocrite

colorsofrainbow:

Are you waiting for them to start shooting protesters before it's seen as bridge of fundamental human right?
This isn't Buhari's government, Tinubu as Lagos godfather or Lau Mohammed as info minister where madness is the order of the day in government.

Canadian government don dey cross boundary small small

There is no madness. Follow the news.
1. Truckers were protesting vaccine mandate.
2. Government went to court and the courts reaffirmed that the vaccine mandates were legal and therefore the protest is illegal and an insurrection.
3. Before the court judgement the protesters protested freely.
4. After the judgement it was no longer a protest but an insurrection.
5. And with an insurrection, the constitution gives the PM the powers to invoke an emergency act which suspends the fundamental human right of all involved in the insurrection.

Can't Both Canada and USA back out from the border crossing Vaccines.

The car manufacturing plants located in Canada which are USA companies are the one bearing the big lost. Imagine loosing up to $300m daily because no movement across the Usa-Canada border

Inferiority complex causes one to always excuse the actions of others he feels are superior to him.
That's why some here are trying to justify canada's action and condemn Nigeria.

Dem say smoking is not allowed, you are trying to explain difference between weed and crystal meth.

[s]

helinues:
Can't Both Canada and USA back out from the border crossing Vaccines.

The car manufacturing plants located in Canada which are USA companies are the one bearing the big lost. Imagine loosing up to $300m daily because no movement across the Usa-Canada border

[/s]

Wow
Even China and Russia don’t normally go to that area.
No wonder France protect have been crazy yet no news of it on MSM.
Over 200 people have been badly injured and a report that one of the protecter have been killed.