Using powers granted under the Emergencies Act, the federal government has directed banks and other financial institutions to stop doing business with people associated with the anti-vaccine mandate convoy occupying the nation's capital.
According to the regulations published late Tuesday, financial institutions are required to monitor and halt all transactions that funnel money to demonstrators — a measure designed to cut off funding to a well-financed protest that has taken over large swaths of Ottawa's downtown core.
"Financial institutions" aren't just banks.
The government is also ordering insurance companies to suspend policies on vehicles that are part of an unlawful "public assembly."
These financial institutions can't handle cash, issue a loan, extend a mortgage or more generally facilitate "any transaction" of a "designated person" while the Emergencies Act is in place.
The regulations define a "designated person" who can be cut off from financial services as someone who is "directly or indirectly" participating in a "public assembly that may reasonably be expected to lead to a breach of the peace," or a person engaging in "serious interference with trade" or "critical infrastructure."
So basically, the Canadian government chickened out and mandated instead that the banks and insurance companies to do everything. Then rat out their customers to the government once they're done.
Banks also are required to "disclose without delay" the "existence of property in their possession or control" or "any information about a transaction or proposed transaction" related to a "designated person" to both the RCMP and the Canadian Security Intelligence Service (CSIS).
"Those authorities are now in force and they're being used," said Public Safety Minister Marco Mendicino. "It's incredibly important that we follow the money."
It's not "incredibly important" for anyone interested in rule of law, due process, or proportionality of punishment. And the final part:
The Emergencies Act and its associated regulations are in effect for only 30 days; that period could be shorter if Prime Minister Justin Trudeau and his cabinet revoke it or if Parliament scuttles it after a vote. But a senior government official said there could be long-term implications.
"For the most part, financial institutions can decide who they do business with and they may decide to cease offering financial services," the official said.
Mark Blumberg is a lawyer at Blumberg Segal LLP who specializes in non-profit and charity law. In an interview, he said that while the Emergencies Act gives banks time-limited powers, these institutions "may just decide to shut the person's account down" because there could be "huge risks" for banks servicing these customers in the future.
So rather than deal with the protest in a sensible manner (they're breaking the law, right?), the Canadian government has put forward this ridiculous "emergency" and deputized a bunch of businesses to go crazy with legal immunity (but only if they toe the government line). In the meantime, the protesters can lose their insurance and freeze finances. So what's going to happen to protesters of any sort in the future, if banks and insurance companies see them as liabilities due to this emergency?
Now imagine if Trump and US financial institutions had this kind of power over BLM protesters. Wouldn't be a problem, right?
Hopefully, this will get reversed in the Canadian courts, because otherwise it's a huge move towards tyranny, particularly of the fascist sort.
(Score: -1, Troll) by Anonymous Coward on Friday February 18 2022, @09:19AM (7 children)
And, let half a dozen "darkies" walk across a highway outside of Fergeson, and the entire town has been burned to the ground! Your racism is showing, Runaway. Best tuck in that white sheet.
(Score: -1, Troll) by Anonymous Coward on Friday February 18 2022, @11:00AM (6 children)
citations needed
it seems that the towns burnt down in the past couple of years were burned by good woke BLM and Antifa people
(Score: 2, Informative) by Anonymous Coward on Friday February 18 2022, @07:04PM (5 children)
No, they weren't. You are an idiot. The point was that your people said that blocking roads by BLM [cbsnews.com] was criminal, but you seem tolerate fascists doing the same with their trucks. Double standard much? Funny how racism will make you do that.
(Score: 2) by Runaway1956 on Friday February 18 2022, @08:24PM (2 children)
Ahhhhhhhh, you win a fraction of a point. Yeah, blocking roads is bad. Especially when those roads lead to hospitals and medical facilities. Even more so when rioters attempt to pull people out of their cars to beat them to death. Even worse when a rioter points a weapon at a motorist to intimidate that motorist. All of which BLM/Antifa have been guilty of in the past couple years.
So, tell me - have these truckers blockaded any hospitals? Have they beaten any motorists to death? Have they actually shot at anyone? I hate double standards myself, but, we can kinda graph this shit, and create a spectrum of 1. kinda bad, 2. really bad, 3. misdemeanor bad, 4. felony bad, and at the worst extreme, 5. Marxist bad. I think the truckers are hovering between 3 and 4 at the moment. They haven't burnt any cities down, have they? They haven't firebombed a nursery school? Not roasting puppies for dinner? Are they marching through outdoor restaurants, assaulting and intimidating innocent people enjoying their dinners? BLM/Antifa have done all those things. Well, maybe they haven't eaten cute puppies on camera, but all the rest has been documented.
Abortion is the number one killed of children in the United States.
(Score: 0) by Anonymous Coward on Friday February 18 2022, @09:28PM (1 child)
Runaway triggered!
(Score: 0) by Anonymous Coward on Monday February 21 2022, @07:06AM
Runaway Triggered, and flipped into revealing his real identity! I have it, on good soylentil scuttle butt, that Runaway1956 is actualy : . . . Paul Cotton, less smart brother of Tom Cotton, a total idiot who some how, (well, it is Arckansas, and he is married, well, so to someone not his cousin, and not a Huckbee, nor "huckabee cousin" , squirrel brains not included.
(Score: 0) by Anonymous Coward on Friday February 18 2022, @08:24PM
Equal protection under the law is a core principle of Liberal Democracy. Bourgeois Marxists normalized road blocking as protest with little push back from authorities and now the working class will be granted the same right. The hypocrisy is yours!
(Score: 1, Insightful) by Anonymous Coward on Saturday February 19 2022, @04:47AM
Your hypocracy is right there and you can't even see what you wrote. You libtards are so fucking stupid. So if BLM block roads, it's democracy, right? But if the truckers do it, they're fascists. You wrote it.