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Ottawa’s Power to Freeze Protesters’ Bank Accounts Under Emergencies Act Sets Dangerous Precedent: Critics

by Jared Gnam


The federal government’s move to use broad new financial powers to quash the trucker protests is being called an extreme and unnecessary overreach by financial crime experts, while it remains unclear how banks will be directed to choke off funding.

Deputy Prime Minister Chrystia Freeland said on Feb. 14 that crowdfunding platforms and the payment services providers they use will now fall under anti-money laundering and terrorist financing laws, with the changes covering all forms of transactions including those in cryptocurrencies. In addition, financial institutions are asked to freeze the accounts, both personal and corporate, of clients whom they suspect are involved with the Freedom Convoy’s “illegal blockades.”

The move came as Prime Minister Justin Trudeau on Feb. 14 invoked the Emergencies Act for the first time in Canada’s history aiming to contain the momentum of the protests…


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One Comment

  1. grannie annie grannie annie February 17, 2022

    Canada PM said he would rather be in a BLM protest then support (what he called them) truckers
    Come Lord Jesus, Come!

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