In the bigger picture, the Canadian banking and financial system was hit hard by the deployment of the Emergency Act which highlighted the ability of the government to arbitrarily freeze and seize money, assets and financial investment capital without any due process.
There are also strong rumors in the financial sector, that in addition to Canadians removing money from the banking system, previous investment funds from Hong Kong had been moved – and, making matters even worse, digital currency exchanges were no longer offering secure services in Canada.
Simultaneous to the mounting domestic and international backlash against the financial system, the Canadian Senate was likely to rebuke the government of Justin Trudeau and not support the invocation of the Emergency War Measures Act against Canadian citizens.
As a result of multiple issues of backlash with severe consequence, Canadian Prime Minister Justin Trudeau and his cabinet are trying to save face, and yet walk away from the Emergency War Measures Act by revoking it before they faced the humiliation of a public defeat in the Canadian Senate. WATCH:
After his prepared remarks about his reversal in position, Trudeau was softly questioned about internal documents discovered by the Canadian Senate that point toward Trudeau’s cabinet discussing the political benefits they would gain by invoking the Emergency Act. The prime minister dodged the question twice, instead saying a parliamentary investigation will review why the Emergency Act was needed.
Keep an eye on the story of this Senate discovery. From all indications, even the liberal allies of Trudeau in the Senate were unable to support the Emergency Act after they reviewed the non-public documents. There’s something very damaging in those documents, likely internal emails between Trudeau and his various ministers.
Full announcement video and presser below:
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Too late. The House of Common’s approval has already shown that it could happen again at any time.
He would have been better off to allow it to go to the Senate, but make sure the Senate nixed it to counter that fear. I’m sure that could have been arranged.
Too late for 2nd thoughts. The stone has been throne threw the window, and the world world watched as the deplorable attack on a peaceful demonstration took place under the direction of the sissy.
Yep, Canada’s banking system is seeing their reputation turn negative in a big way. This may be impossible to turn around. I would have thought that Canada’s elite would have seen this situation coming but they were too drunk on their own power to think what the consequences of this Emergency Action might be.
Could this repeat elsewhere? Governments maybe forced then to move away from fiat money into gold and or silver. This would change EVERYTHING.
As bad as the Trudeau/Freeland decision to freeze the accounts might have been, even worse, in terms of demonstrating malicious motive, was their insufferable smirking as they announced the freeze and answered questions about it.
Question is….did realization of what they did …by freezing accounts…spill into other countries?
Are people thinking….how secure is my money in a bank?
The world has been watching. The world saw what they did.
This is not an obscure event.
It is not as if we in the US are getting a big rate of interest on our money.
And then to have the thought…is it really secure if government can freeze my money? Even if I didn’t commit crime,etc.
Not a good combination. At all.
I donated $20 to the Freedom Trucker Convoy and I lived in terror that Justin Trudeau and my bank would freeze all my accounts. Unable to pay my small leftover mortgage and my triple AAA credit score would be affected and unable to withdraw ATM cash, you live in another world.
Let’s not forget the Justin guy is an actor and he is evil.
I know that’s what I’m thinking. Trying to figure out where and into what I should move some money.
The populace has short memories. The banksters will be fine. Heck, most of the people don’t even know about this. My dad didn’t until I mentioned it two days ago.
Well then we all need to do a far better job of educating them.
People tend to sit up and take notice when what is said directly effects their bank accounts. They just need to get clued in.
Truckers: Come and take it…
Perhaps a bit more like “Come at me, Bro!”
Whilst standing with a smile and taking the beating, on video.
Oops.
That stone has destroyed Canada’s banks’ credibility.
Getting any trust back will be a Herculean task, and I would not place any bets on its being done..at least for a long time if ever. Well done, pompous incompetents Trudeau and Freeland.
Karma and his bitchy sister hubris. Quite the combination.
It sounds like it couldn’t be arranged. Hence, him having to walk this back.
Once informed of the political damage to ALL involved due to the stupidly unforeseen issues caused by passage in the HOC, I’m sure it could have been arranged behind closed doors.
Of course, since that would have been used against Truedope by the opposition, that’s why he chose this route rather than the one which would dissuade the fear of this happening again.
In other words, the scumbag took the route that helped himself instead of his country.
Betcha he was told to revoke it immediately by the shadow Globalists powers that prop him up.
He unwittingly let the entire population of the watching world observe FIRSTHAND the impact on personal finances and personal freedoms they will ALL be feeling when the Globalist Totalitarians take over everything in their Great Reset execution plan.
In other words, Trudope unwittingly played “Toto”, and pulled back the curtain exposing the real endgame if everyone goes along with the covid ruse…..
TPTB didn’t appreciate that……
‘Cept no one kicked Toto for his revelatory act…
Oh they got kicked or they wouldn’t be walking it back today.
Exactly, Team Castreau got kicked, not Toto.
Klaus isn’t happy about seeing his name mentioned negatively so often recently in the public domain. Vampires can’t survive in the light.
I keep saying this – be careful of your eyes, but search the web for
Klaus Schwab on the beach image
and share it with anyone you think needs to see it.
They will never forget his name… ☺️
Wouldn’t dream of posting it here. Yes, it’s that bad.
Fishnets, lace genital covering and white veil? Seemed to need a bra, as well?
Yes, GBB, three cheers for Toto.
Bari– My thoughts exactly.
Trudeau must be terrible poker player.
Now he is getting spanked by his handlers for screwing up.
Klaus Schwab suffers defeat. They had no software designed to gauge the public and international reaction to just seizing bank accounts.
Neither did that have input data on sub zero bouncy house protests where the protests became a giant social gathering.
More rebel and Nazi flags are on order to restore faith in media.
I watched one of the Canadian YouTube streamers and they said that the Nazi flag was actually held by someone who had escaped Nazi/commies and was walking around with flag saying it was coming to Canada if they didn’t wake up and fight. They were it as a warning. Of course trust msm and gov to screw that message up!
Wait, our side using false flags to set up media entrapment? Brilliant!
Kinda’ like flying the ISIS flag on our borders?
Too late for Trudeau you mean. Oh sure they can try it again but this was a fatal mistake on his behalf.
Canadian Senators technically aren’t answerable to the Prime Minister. The PM appoints them, but after that, the Senator is in the seat until they turn 75 and cannot be terminated, impeached, etc. Only the Senate itself can expel a Senator.
That said, most of the Senators have now been appointed by Trudeau so they would have political allegiance to him for the most part.
Thanks!
Allegiance to him or to Klaus?
Klaus is Trudy’s boss.
SEND IN THE BOUNCY CASTLES!!!!!!!!!!!
Yeah. Counter-attack. Counter-attack. Counter-attack.
Quiet time for traveling carnies. Bring out ALL the rides.
They already have the clowns on hand they need in Canada(and elsewhere).
Need only bring the rest of the circus to complete the show.
You mean…. <gulp> sir… not the Scrambler!
Why Yes!!! With 30 years old cotter pins…
A resurgence of the travelling carnivals. What a wonderful thought.
Hope they have rides (and Bouncy Castles) for us young at heart too!
Man the battlements!
Don’t forget all of the “Boot Hockey Gandhi’s”! They, along with the bouncy houses, were what made the protest even more violent and extreme.
And the hot tub, and the huge connect four game, and the pig roasts, and the music, and the dancing.
Was one heck of a block party!
CRUSH HIM!
The only way to fix this will be through the complex procedure of a constitutional amendment whereby it takes far more than a vote of 50 + 1 %. There should be a threshold of at least 275 yes votes to every allow any Canadian Government to every do this again. As well, legislation will have to be amended whereby you can’t just change regulations and designations via the Prime Minister’s Office instead of an act of Parliament.
And somehow the NDP elbowed their way to the front of the line for free sh*t sandwiches. They get to share all Trudeau’s loathing from the Canadian people, by supporting his fascist emergency declaration, and exactly why?
If you are Canadian I would call your reps and tell them this. It is a very good point.
Amendments to codify limits of government power but extreme punishment to produce a lasting example to future petty tyrants as to why attempts at circumvention are not a wise gamble.
Canadians,
Take to the streets again. Shut your country down. Do not relent until Fidel Jr. is removed from office. American Patriots stand with you.
Trudeau need to go to jail as do the minions who traded the emails with him resulting in the Emergency Act being implemented.
The sisters at Shawshank would really like him.
This might be the most abrupt about-face in history.
🤣 Even surpassing John “I served in Vietnam” Kerry’s support of voting for the Iraq war before he voted against it!
I actually watched the video though I usually can’t stand to hear the enemy.
The book title “I’m Dancing As Fast As I Can” leapt to mind. 😆
They first mandated it
Then they forced lockdowns and masks
Then they didn’t allow peaceful protests
Then they tried to take/freeze their bank accounts
So what is next for the 38M Canadians?
Well if any of this that Zelenko referenced below turns out to be true, just how ticked off will 38M Canadians be?
My bet is it will be game over for Dumb and Dumber.
Dr. Vladimir Zev Zelenko
@DrZevZelenko
·3h
Evidence for Covid-19 vaccine induced AIDS
https://www.ncbi.nlm.nih.gov/labs/pmc/articl…
https://www.ncbi.nlm.nih.gov/labs/pmc/articl…
https://pubmed.ncbi.nlm.nih.gov/34330722/
https://www.researchgate.net/publication/357…
https://www.bmj.com/content/374/bmj…
https://www.medrxiv.org/content/10.1101…
https://www.skirsch.com/covid/GermanAna…
https://rwmalonemd.substack.com/p/what-if-the-l…
https://www.lymestudio.com/covid-vaccines-…
As “Thomas Paine” (podcast) said recently, it’s not the un-vaxed the politicians & Fauci et als need to be worried about …. it’s the vaxed, when they find out how badly they’ve been lied to & what has been done to their health by these “safe & effective” COVID 19 injections that they got so as not to get COVID, not to spread it to others, & not to end up hospitalized & die from it (all of which are now proven false/lies). VAIDS, heart & autoimmune issues, srokes/clots, & neurological issues …. gonna’ be some really pi$$ed off people in the future ….. some are angry already (watch the Moderna/Pfizer stock situations).
HAVE THE TRUCKERS WON AFTER ALL?!
Now what about those illegal and immoral mandates? Do they fall also, if Trudodo has no more “emergency powers” ?
The truckers have won. It will still have to run it’s course, but Trudeau is going to be uprooted. WATCH!!
Tamara Lich is still in jail without bail so let’s not crack the champagne just yet.
Will the truckers interviewed who lost the ability to use their bank accounts or deposit paychecks gain that access back today? IDK. Will they forget it was done to them? Likely not.
Keep praying for her; and all the other leaders in the Freedom Convoy. They did their part. Justice will come for them.
She is on the martyr’s path, though I pray her well-being, she has chosen to remain in prison rather than comply with farcical compliance obligations imposed on her bail conditions, this is resistance, purposeful resistance.
No, the war surely isn’t over, but Castreau is losing battles in an epically embarrassing way.
Also, they are being threatened with ruin like confiscating their trucks and freeze their mortgages.
The truckers opened the veins of the government. Who will attempt to apply the compress and bandages? Interesting times!
Let it bleed out…
Hope he gets rebuked anyway.
BYE BYE TRUDEAU!!
The damage has been done. He has revealed who he is; full blown WEF and China’s sycophant. Thank you Lord for the FREEDOM CONVOY!! Like President Trump, our gov. did not expect them!!
what Sundance said:
What was revealed was what the great reset’s ultimate move WAS.
…but now the cat is out of the bag, and we all know it…
Thank you, Sundance.
I can’t understand why they care though. It’s not like there’s anything that can stop them.
Mysterious ways… can.
Hope Is Never Vain.
SpyGate, meet SyrupGate…
Lucy and the Football.
Canadians on 4chan want blood. Still promoting and calling for citizens to get money and assets out of Canadian banks. Yes. A bank run is bringing the politicos to their knees.
Big institutions will take money out, the risks are too high.
It would not be difficult for Trudeau and his ilk to proclaim that those folks are Nazis, terrorists, trucker supporters etc trying to overthrow the government.
I’d be surprised if they don’t go after them yet.
He sure overreacted to that “fringe minority” known as the truckers…..
And rightfully so. How do the banks recover even a modicum of credibility and trust after so willingly betraying their customer base?
The Canadian bankers are all Snidley Whiplash now!
The answer to your question is.. they don’t.
And the best part is, neither does the creepy universal dictatorial-digital ID the WEF was about to foist on the world ever get even a modicum of credibility.
I can’t wait to hear Dr. Naomi Wolf on this topic… I’ve tagged her on sundance’s articles in posts on Gettr.
The sudden reversal of the EA is just as damaging as the sudden implementation of the EA. Canada is now unstable and the application of its laws is arbitrary. As a result, investment in Canada is going to plummet as the #1 “killer” of international investment is political and legal instability. TrueDope will not be able to hide behind this maneuver over the long-run.
That is why Trudeau and his WEF lib. cabinet HAVE TO GO. Canada needs a real housecleaning; look for arrests and the patriot C. military to be involved. Trudeau will not know who his “friends” are and this “document” was not expected to see sunlight.
and that will bring a vote of no confidence, and a new leader. Soon.
The electorate is still thoroughly metropolitan Canadian. They don’t care, they’ll get the same divided government they have now with a different effeminate puppet, assuming they even bother replacing Trudope in the first place. Heck, they’ll probably go full commie party; not like the “conservatives” are any better with that lard ass Doug Ford showing how willing he is to play footsies with these scumbags.
They’ll probably try to kick him to the curb and elevate Chrystia…
…which would be the infamous move out of the frying pan.
He and his merry gang of thugs managed to not only collapse the government, but the economy as well. Well done.
Investment loss in Canada will only be rivaled by the loss of TOURISM INCOME!
You couldn’t pay me to vacation in Canada now!
They used this for a peaceful protest, the precedent has been set. They will roll this out whenever politically convenient. People and institutions with assets in Canada have to factor this into their financial plan. Financial advisors would be negligent not to warn their clients of the risks.
The Prime Mamby pamby just got served.
Saweet!
Translation
Everyone please go back to sleep now. We need everyone to calmly jump back in the pot.
Please disregard the sudden increase of heat. We promise the water is safe.
Sincerely, your Fearful Leader
Precisely!
but Toto pulled back the curtain to reveal the humbug!
World Economic Forum overplayed their hands in their effort to squash the movement and sent banking into a tailspin. They are just lifting the boot off of Canadians necks for a short period before they are going to step down even harder once the bank run is quelled.
to quote Austin Powers, “that train has sailed, Baby!”
I think the sheer beauty of the Ottawa protest shocked the globalists, unbalanced them, and made them over react. They never could have anticipated such peaceful, loving courage, and it was broadcast around the world.
I agree, and I believe the encampments that are still nearby are because they intend to honor the NO MAN OR WOMAN LEFT BEHIND rule. People are still being held as political prisoners and that needs to end.
Yes! And brilliant when compared to pAntifa/BLM. Seattle’s CHAZ/CHOP all destruction.
Cyberattacks are next. It’s happening in Ukraine already. Recall the WEF held exercises with Russian hackers not too long ago. I’m not kidding.
Corporatism is the new/old toy our business leaders just re-discovered.
As always, it seemed fun at first to have a political partner willing and able to use arbitrary powers. Willing and able?
The able part makes a handy tool for threatening your enemies. It’s the willing part that so easily turns into a neutron bomb. A doomsday weapon.
Everybody I talked to took a few thousand out of the bank in case they got their accounts frozen. It did not matter whether they were protesters.
My banking is a little complicated as I have a number of investments. My transactions were not blocked. They just did not complete. All transactions over the past weeks list as pending. I would get cash withdrawals which just get listed as pending on online banking.
That means the whole system was gummed up and still is. No doubt because of so many withdrawals.
So the Canadian standard now is either move all your money or keep 2 to 4 thousand under your mattress in case you get frozen.
Oh this has repurcussions all over. Those who paid attention in the US probably are pulling money from their banks too. I know that I pulled some immediately and will continue to do so over the next few months. If all else fails I will move it into Gold and Silver for now….the same things Russia and China are buying like crazy with their American $$$.
I’m just spending down my emergency cash account to a much lower level and putting the money into needed house repairs. Tangible versus electronic….
Also spending it on extra backups of non-perishable foods…
Especially since in prog land, the goalposts get moved overnight. You can find yourself outcast in a millisecond. Ask JK Rowling or even Adele. Lose Wight, bank accounts frozen! Proud to be a woman, cancelled!
I think Esperanza meant, “Lose weight.”
That pesky auto-correct thought she was referring to the Isle of Wight!”
I agree, one minute, you’re up, and the next minute, you’re down with this disloyal crew!
Most banks outsource their data processing. Data processors will general know on average how many transactions and the amount of “horsepower” they need to dedicate to each bank. FiServ is one of the biggest. But what this tells me the number of transactions are huge. But of course they are.
But you have to remember, this is done at the end of day for each bank. If they are in a plus or minus cash position, the system is set up to act accordingly. So if you are in a cash deficit, the Fed or a correspondent bank will borrow money for your bank from the Fed Funds market at the Fed Funds rate, the rate that Powell sets.
My guess is there are so many banks or all of them in a deficit position in Canada, there are not bank with excess reserves or cash to sell into the market to fund all the deficit banks. So the Fed has to step in and cure the defaults or your bank is told to go borrow from somewhere else.
All this cash horse trading is set up automatically at certain levels based on your size, capital levels, and over risk profile of your bank.
For sure, this market has blown up and banks are looking for second and third sources of funding, but with everything pending and things moving so fast, the number keeps changing. Great stuff!
Say it ain’t so, you know the thing, Joe bidn and handlers are feverously watching how this plays out.
Will Justine make it to the end of the month?
“Allons-y Ta-doe!”
Canada really isn’t a country.
Parliament needs an emergency session to vote a no confidence in Truedope and remove him before he further damages the cause. He has gone to far but has served his purpose to advance the agenda.
Run Away. Run Away. Run Away.
What a leader. /s
Good Lord!
Ok, now bring back the Truckers and reconstitute the legal protests. What’s Trudeau gonna do about it.
How long before they call a” Bank Holiday ? “
Once again South Park was prescient:
FUNNY.
“It’s not even a real country”!
Canada was just a nice, quiet, polite country, so inoffensive.
Because it was so geographically big most people could find it on the map but had a hard time describing it or anything about it except to say it was cold and something about hockey.
And I say this in a complimentry, positive way.
Now it has made it’s mark on the world, one that will be remembered for a long time.
God Bless Canada.
I finally know the name of its capital, which 12 years of public school didn’t manage to get into my head.
Justin, I would hate to watch you try to pull a U-EEE, like James Garner in “The Rockford Files”!
LOL, brings back memories, back in the day we just called it “Pull a Rockford!”
We called them Rockford turns (backing up and throwing the car around). Everyone practiced them.
Canada has exposed the hand of the New World Order. Clearly it has not been received with rave reviews. We can not unsee what we have witnessed, and we shall prepare for the same.
Maybe we have been immunized.
You mean we just encountered the new Trucker Variant which puts an end to medical tyranny?
What about Tamara Lich ?
The Supreme Chancellor Justinia Castreau of the Canadiastan should still face a full on no-confidence vote.
He should face a firing squad for treason against his own people.
Damage done. Not merely the Govt and the MSM, but there will also never be the same amount of trust in the banks, the healthcare industry, the police, etc. And it is no one’s fault but theirs.
One could only hope!
And the media.
In this environment, what is seen will not be unseen. Revoked or not, we know what’s out there now. We’ve seen similar in the U.S. Plan accordingly.
When one has his head up his ass , it is best to stop digging . Typical Political BS move – a committee to examine yada yada. But Still threw in the big lie – “ threat to Democracy” trope – slight irony alert – he can look in the mirror to find the answer that one .
D’oh Canada!
Incidently, this illustrates the importance of a Senate, not that theirs isn’t compromised, but ours is not only compromised it is wholly captured by the State crippling 17th Amendment, we would never have gotten here if that and other Communist inspired perversions of our Constitution hadn’t happened.
Repeal the 17th!
Sundance called that idea “magic” a while back. I still haven’t forgotten.
I hope Chrystia Freeland winds up working at a Blue Beacon Truck Wash.
She wouldn’t even make a decent lot lizard.
Deported to Cuba if possible. Justin can join his family.
She doesn’t deserve a job anywhere, she deserves a rope.
You tell me that you need me
Then you go and cut me down, but wait
You tell me that you’re sorry
Didn’t think I’d turn around and say
That it’s too late to apologize, it’s too late
I said it’s too late to apologize, it’s too late
Too late, oh
The muzzle mask and French Kabuki theater gives it all away- they are GUILTY of crimes against humanity.
Believe me, these Marxist bastards got a little too frisky and were forced by their masters to back down.
THE TRUCKERS AND THEIR SUPPORTERS WON A BIG ONE.
#TRUCKERS RULE.
02 22 2022…is new beggining…it start in the eastern ukraine….nesara/gesara…?????
Plutonic anniversary of the US, never been big on astrology, but, damn, here we are.
he has faced humiliations everyday of his pathetic life. He Canadian!
Confidence in the Canadian Government and banking system is gone, no Canadian will trust this system now, no matter what happens. Sales of bullion in Canada have been very high the last few days. Doubt that reverses.
Hand writting is on the wall. ALL CAPS!
Just more evidence that The Truckers lost the battle, but won the war!
They still haven’t dropped the mandates. We’ll see how the truckers respond.
Someone explain to me why removing Castreau would mean anything when they’d just replace him with one of many replicants.
yeah – look what happened in NY – Cuomo/bad, Hochul/worse
As what happened when Cuomo was de-throned, NY got someone who is even worse than he was.
Too late, keep your money out Chanada banks or kiss it goodbye.
I would still get my money out of the Canadian banks. This is a warning shot and could be deployed again in the future. I hope their financial sector greatly suffers. Maybe then the no confidence vote will happen like it sorely needs to.
This action should cause a vote of no confidence! Invoking it then revoking it and the resulting instability in the Canadian financial markets and banking institutions as a result shows Trudeau and his band of merry WEF thugs are unworthy of governing!!!! Call a vote of no confidence now!!!! Praise The Lord for answered prayer!!!
How sweet it is!….Now to repeal that dangerous Emergency Act…
When Tamara is out of jail and the millions in donations are in the hands of the charitable org set up to disperse them, then I would consider this a tenuous win. Definitely not a clear win because what is seen cannot be unseen.
Forget about walking things back. If 20% of the population pulling their money out of woke banks will get rid of the Trudinista military dictatorship… then sounds like a plan, full speed ahead.
Keep running the banks. Hell turn it up a few notches.