There is no legal justification for freezing bank accounts in Canada - but it was done under the Emergencies Act. Our demented Minister of Finance / Deputy Prime Minister Christia Freeland gleefully announced the account freezes on live TV. The compliant and complicit federal police (RCMP) simply told the banks to freeze various accounts and they rolled over without a peep of objection. It was only because investors were pulling huge sums of money out of Canadian banks, precipitating a potential crash or run, that the freeze thawed and the Emergencies Act was repealed. I am sure that there is one or more court case(s) against this illegal activity but it is not on my radar at present.
There are exceptions, though. Pat King's bank account was frozen before invocation of the federal Emergencies Act - no explanation given - and has remained frozen - no explanation given. And Jeremy MacKenzie (aka Raging Dissident) has over the past year had his bank accounts closed by all Canadian banks and threatened with arrest if he sets foot on any bank property - again, no explanation given, just 'we have decided to no longer do business with you'. No financial institution in the country will touch Mackenzie with a 30-foot pole. MacKenzie has no criminal record but gangsters and serial murderers in Canada have no problem 'doing business' with banks. But MacKenzie and King have mocked and humiliated the Prime Minister and in a totalitarian state the 'leader' can tell financial institutions what to do and what not to do. Full stop.
Re: Bitter and Sweet Courthouse News in Canada
There are exceptions, though. Pat King's bank account was frozen before invocation of the federal Emergencies Act - no explanation given - and has remained frozen - no explanation given. And Jeremy MacKenzie (aka Raging Dissident) has over the past year had his bank accounts closed by all Canadian banks and threatened with arrest if he sets foot on any bank property - again, no explanation given, just 'we have decided to no longer do business with you'. No financial institution in the country will touch Mackenzie with a 30-foot pole. MacKenzie has no criminal record but gangsters and serial murderers in Canada have no problem 'doing business' with banks. But MacKenzie and King have mocked and humiliated the Prime Minister and in a totalitarian state the 'leader' can tell financial institutions what to do and what not to do. Full stop.
Ron M