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Canada Freezes Citizens’ Bank Accounts to End Trucker Protest 

Canada's Prime Minister Justin Trudeau listens to a question from a reporter at a news conference as truckers and their supporters continue to protest against coronavirus disease (COVID-19) vaccine mandates, in Ottawa, Ontario, Canada, February 11, 2022. REUTERS/Patrick Doyle

&NewLine;<p>Canadian Prime Minister Justin Trudeau is taking drastic action to stop the Freedom Convoy protest&colon; he’s blocking their access to cash&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>By invoking emergency powers&comma; Trudeau has demanded that all financial institutions search through their records to locate clients who may be involved with the Freedom Convoy&period; Such accounts will be frozen&comma; blocking the client&&num;8217&semi;s access to cash and cryptocurrency&period; The emergency order also allows banks to start sharing &OpenCurlyDoubleQuote;relevant information” if that &OpenCurlyDoubleQuote;information will help put a stop to the funding of illegal blockades” and gives Trudeau the power to ban public assembly&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;I think this caught everyone off guard&comma;” says Greg Taylor&comma; an executive with Purpose Investments Inc&period; &OpenCurlyDoubleQuote;There’s a lot of questions right now in figuring out who we’re targeting&comma; what do we have to look at&period;”&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Several banks have already confirmed freezing accounts belonging to individuals who were involved in &&num;8220&semi;illegal protests&period;&&num;8221&semi; Their names were provided by the Royal Canadian Mounted Police&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&&num;8212&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><em>The Freedom Convoy is a group of Canadian truckers who seek to end COVID restrictions that are impacting the industry&period; The group has staged multiple protests and has used its trucks to block border crossings&period; The convoy has been parked in downtown Ottawa for nearly a month despite the government’s threats to strip them of their insurance&period; <&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><em>In early February&comma; crowdfunding website GoFundMe reversed &dollar;8 million in donations to the convoy&period;<&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Author&&num;8217&semi;s Note&colon;<&sol;strong> Shutting off your means to survive with no warrant and no trial is the move of a dictator&comma; not a democracy&period; Apparently Canada isn&&num;8217&semi;t as free as we thought&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Sources&colon;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;fortune&period;com&sol;2022&sol;02&sol;16&sol;trudeau-freeze-freedom-convoy-bank-accounts-canada-covid-protest-emergency-powers&sol;">Trudeau’s emergency orders aimed at freezing the funds of the &OpenCurlyQuote;Freedom Convoy’ caught banks off guard&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;cbc&period;ca&sol;news&sol;politics&sol;ottawa-protests-frozen-bank-accounts-1&period;6355396">Banks have started to freeze accounts linked to the protests&comma; Freeland says&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;bloomberg&period;com&sol;news&sol;articles&sol;2022-02-17&sol;police-begin-financial-squeeze-trudeau-defends-emergency-edict">Banks Get Protestors’ Names as Canada Financial Squeeze Unfolds&nbsp&semi;<&sol;a><&sol;p>&NewLine;

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