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There It Is, The Canadian 2022 Budget Authorizes a Central Bank Digital Currency

CTH noted earlier, in the aftermath of the COVID-19 control mechanisms, things were being done legislatively to follow a ‘new world order’ for western democracies {Go Deep}.  One of the nations we noted following this new direction, was Canada.  Today, a review of the proposed Canadian 2022 budget finds something to align with the new version of democracy – the establishment of funding to create a central bank digital currency.

That should not necessarily come as a surprise.  After all, despite a massive amount of denial from the Canadian Finance Minister and Canadian Prime Minister toward the context of CTH research {Go DEEP}, the direct evidence we were looking for is now discovered.

Buried deep, very deep, in Chapter 9.2 of the Canadian Budget you will find this:  …”In the last several months, for example, there have been a number of high-profile examples—both around the world and here in Canada—where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities.”

(Chapter 9.2) […] Budget 2022 includes measures that will help maintain the integrity of the financial system, promote fair competition, and protect both the finances of Canadians and our national security.

    • Budget 2022 announces the government’s intention to launch a financial sector legislative review focused on the digitalization of money and maintaining financial sector stability and security. The first phase of the review will be directed at digital currencies, including cryptocurrencies and stablecoins.
    • Budget 2022 also proposes $17.7 million over five years, starting in 2022-23, to the Department of Finance to lead the review.

The review will examine, among other factors: how to adapt the financial sector regulatory framework and toolbox to manage new digitalization risks; how to maintain the security and stability of the financial system in light of these evolving business models and technological capabilities; and the potential need for a central bank digital currency in Canada. (LINK)

Huh. Imagine that.  What was called a “conspiracy theory” just a few weeks/days ago, is now the expressed intent of the same government who denied it was ever being considered.

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There Is Something Very Troublesome About the Western Govt, Post-COVID, Rules-Based Order

While the western media quickly jumped from the COVID crisis to the Ukraine crisis, in the background of current events there is a lot of activity amid western government that does not look very democratic.

The word ‘autocracy‘, with all its variants, has been used a lot frequently by western government politicians as they attack the ideology of Russia, China and essentially every national leader who does not join their “rules-based order” club.  There is so much linguistic repetition from the same western leadership, it’s impossible not to see this autocracy narrative as some form of talking point that stemmed from some G7 or NATO collaboration meeting.

It does not seem coincidental the new catch phrases of “autocracy” vs “rules-based order” surfaced at the tail end of the COVID crisis, when Build Back Better shifted from a talking point into an actual set of western legislative constructs  perhaps intended to codify the emergency powers those same officials deployed.

What kind of democracy, or rules-based order mindset, was the European Commission carrying when they decried the overwhelming national election in Hungary?  Surely if the EU wanted to celebrate democracy, they would cheer for the high voter turnout that reelected Prime Minister Viktor Orban, yet they did exactly the opposite.  Apparently, some democracies are more valued than others.

At the same time the EU is clutching pearls over the results in Hungary, another western ally, Canada, is codifying the government’s emergency act power to seize property without due process.  As we are directed to be distracted by everything Zelenskyy, it might be worth noting that Ontario Bill 100 is about to permanently change the rules of permitted political protest. You can read about Bill 100 here and watch the economic debate here.

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Germany Says G7 Reject Russia Demand to Pay for Oil and Gas in Rubles, Sort of

Behind the headline is a qualifier that most will miss. “We will urge the companies affected not to follow Putin’s demand.”  The problem for the G7 political leaders is that most of the transactions are between private companies.  The heads of the U.S, France, Germany, Italy, Japan, Canada and the U.K, can stake a position, but the ultimate decision around the transaction in the hands of the private company buyers.

Russia can set the terms.  Whether the G7 political leaders shout ‘breach of contract‘ is seemingly a moot point.  In the big picture, the politicians have already breached the terms of prior trade agreements with sanctions.  Russia can turn off the supply or demand payment in rubles as terms of sale.

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles.

German energy minister Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts” for natural gas, which is used to heat homes, generate electricity and power industry.

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European MP Calls Justin Trudeau a Dictator During Public Speech in Front of the Canadian Prime Minister

This is just epic and well deserved.  EU Parliament Member Mislav Kolakusic delivered a humiliating speech directly to Justin Trudeau as the Canadian Prime Minister visited the EU members. [h/t to CounterSignal for transcript] This is quite likely the first time Trudeau has ever been publicly called out in such a grand fashion.

MP Mislav Kolakusic lived in Croatia under soviet rule.  Kolakusic saw the recent behavior of Trudeau as familiar to him from former soviet dictators. He took the opportunity of Trudeau appearing in the European Parliament to eviscerate him publicly. {Direct Rumble Link} WATCH:

[Transcript] – “Freedom, the right to choose, the right to life, the right to health, the right to work for many of us are fundamental human rights for which millions of citizens of Europe and the world have laid down their lives,” Kolakusic began.

“…. Canada, once a symbol of the modern world, has become a symbol of civil rights violations under your quasi-liberal boot in recent months. We watched how you trample women with horses, how you block the bank accounts of single parents so that they can’t even pay their children’s education and medicine, that they can’t pay utilities, mortgages for their homes.”

“To you,” he continues, speaking to Trudeau, “these may be liberal methods; for many citizens of the world, it is a dictatorship of the worst kind. Rest assured that the citizens of the world, united, can stop any regime that wants to destroy the freedom of citizens, either by bombs or harmful pharmaceutical products.”

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Authoritarian Trudeau Denounces Authoritarian Putin, Weeks After Canada Targeted Political Protestors for Arrest

In order for the most entrenched leftist ideologues to maintain their ideological agenda, they must pretend not to know things.

Two days after he announced the U.S. workforce vaccine mandate, in Shanksville Pennsylvania, Joe Biden said that both Xi Jinping and Vladimir Putin were “autocrats” who dictate to the citizens of their nations.  Biden noted in conversations with them – those leaders have questioned the viability of ‘western democracy.‘  This statement came a mere 36 hours after Joe Biden said he “has lost patience” with half the nation, and as an outcome, was going to FORCE a mandatory injection (COVID “vaccine”) into the arms of every citizen who wanted to work.  The media ignored the contrast as if they could not see the inherent hypocrisy.

Yesterday, in a speech to a Ukraian delegation in Canada, Prime Minister Justin Trudeau had the nerve to talk about the “slipping of democracy” as a result of “greater authoritarianism”, only a few weeks after Trudeau invoked the emergency act and triggered financial targeting against protestors who assembled against his regime.   Again, the media ignore the inherent hypocrisy.  WATCH (Prompted):

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Senator Lindsey Graham Calls for the Assassination of Russian President Vladimir Putin, Things Are Getting Out of Control

In a public tweet tonight, Senator Lindsey Graham calls for the assassination of Russian President Vladimir Putin.

The propaganda push from the U.S. government is actually quite remarkable to watch unfold.   I mean seriously, there’s a point when you don’t go all-in because there has to be an exit option.   We are in very tenuous place, because no one is thinking about an off ramp…. it’s full speed ahead.

If Lindsey Graham, Joe Biden, NATO, the EU, World Bank, International Monetary Fund, Word Economic Forum and the multinational corporations in this alliance of Public/Private geopolitical partnerships, succeed in the fight against Vladimir Putin – I promise you, we are not going to like the world on the other side of their victory.

A few weeks ago, Canadian Prime Minister Justin Trudeau sent a clear and specific message to citizens in Canada when he sanctioned the trucker’s bank accounts.  Joe Biden, NATO and EU are right now sending a clear message to the citizens of the world, as they sanction Putin’s bank accounts and the Russian economy.

If you can’t see the connection, you are not thinking carefully enough about it.

Everything will be different now.

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BOOM, Trudeau Reversal Motive Surfaces – Canadian Banking Association Was Approved by World Economic Forum To Lead the Digital ID Creation

Sunlight is the best disinfectant.  A promotional video from the Canadian Bankers Association (CBA) helps to neatly connect all the dots about why the Canadian government made such a quick reversal in their bank asset seizures in the last 24 hours {Go Deep}.  And yes, as we suspected, it was almost certainly contact from the World Economic Forum to Canadian Finance Minister Chrystia Freeland that triggered the change in position.

When Canadian Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland announced they would use the Emergency Act declaration to target the financial support systems, banks and accounts of the people who were protesting against COVID mandates, they not only undermined the integrity of the Canadian banking system – but they also inadvertently stuck a wrench into the plans of the World Economic Forum and the collaborative use of the Canadian Bankers Association to create a digital id.

Against the backdrop of the Canadian government action, WATCH THIS VIDEO:

https://youtu.be/jRXR86wVSNw

If the Canadian government can arbitrarily block citizen access to their banking institution without any due process, what does that say about the system the Canadian Banking Association (CBA) was putting into place as part of their Digital ID network?

If the CBA digital identity were in place, the same people targeted by Trudeau’s use of the Emergency Act would have their entire identity blocked by the same government measures.  The realization of the issue, reflected by a severe undermining of faith in the banking system, is a dramatic problem for those working to create and promote the Digital ID.

It is not coincidental the financial targeting mechanism deployed by Trudeau/Freeland, the Canadian banking system, is the same system being used to create the digital identity.  As a result of the government targeting bank accounts, Finance Minister Freeland just created a reference point for those who would argue against allowing the creation of a comprehensive digital identity.

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Facing Financial Peril and a Pending Senate Rebuke, Prime Minister Justin Trudeau Revokes Emergency War Measures Act

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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A Major Backfire – Is the Canadian Financial and Banking System in Serious Trouble as a Result of Their Attack on Private Bank Accounts?

Has there been a massive exodus of capital out of the Canadian financial system?

A few obscure but interesting data-points seem to indicate Justin Trudeau’s unprecedented use of the federal government and intelligence apparatus to target the bank accounts of Canadian citizens has just created a serious problem for their financial institutions.

If I was a betting person, I would bet half my stake that something very serious is happening in the background of the Canadian financial system, and it appears the leaders inside government, as well as leaders in the international financial community, are reacting and trying to keep things quiet.  Stick with me on this and stay elevated…

BACKGROUND – When Prime Minister Justin Trudeau announced he was invoking the Emergency War Measures Act to seize bank accounts and block access to the financial system for people who were arbitrarily deemed as terrorists to the interest of the Canadian government, i.e. the Freedom Protest group writ large, many people immediately thought about the consequences of a government taking such action.

Indeed, the first response to many who witnessed the gleeful declarations of the Canadian government as they expressed their intent to utilize their emergency power, was that this was seriously going to undermine faith and confidence in the Canadian financial systems. The RCMP is the Canadian equivalent of the FBI.

If the government can work with the RCMP to target people based on an arbitrary political decree, and then control your bank account while simultaneously giving financial institutions liability protection for their participation, the confidence in the banking system is immediately undermined.

What might seem like a great tool for political punishment has long term consequences, especially if people start withdrawing their money and/or shifting the placement of their investments to more secure locations away from the reach of the Canadian government.  Considering the rules of fractional banking and deposits, it doesn’t take many withdrawals before the banks have serious issues.

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Odd Little Note on the Puppet Handler of Trudeau

Everyone knows Canadian Prime Minister Justin Trudeau is an empty vessel.  He carries himself as a generally unintelligent fellow with a sub-par IQ and a childish demeanor that is often inappropriate.   However, recently due to the increased attention upon Canada as they descend into lunatic leftism, the role of Trudeau as a puppet has become more evident.

His Deputy Prime Minister, Chrystia Freeland, is well known to people here for her prior key role in the creation of the USMCA trade agreement, her busybody demeanor and her snarky ideological annoyances.  However, Chrystia is also the person who puts the words in Justin’s mouth, literally.

Watch a few seconds of this video from Trudeau’s statements about Ukraine yesterday and pay attention to the mannerisms of Freeland as the Canadian Prime Minister reads his prepared remarks.  Watch her closely and what you will notice is that Freeland wrote the remarks.  She is visibly saying them in her head while physically mirroring the exact cadence Trudeau uses as he delivers her script.  WATCH:

Once you see it, it’s impossible not to see it.

The same thing happens once you see the strings on the marionettes; it is impossible to keep watching the puppet show and not see them.  In this example it’s a little funny.

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