Changes

==Seizure of bank accounts==

==Seizure of bank accounts==

Freeland announced an expansion of “terrorist financing” rules that would allow banks to freeze assets with no oversight. The new measures also apply to crowdfunding outlets and payment processing providers.  “We are broadening the scope of Canada’s anti-money laundering and terrorist financing rules so that they cover crowdfunding platforms and the payment service providers they use,” Freeland said. The expanded rules also apply to digital assets, such as cryptocurrency. In enacting the changes, Freeland said that what she claimed were "illegal" blockades "...have highlighted the fact that crowdfunding platforms and some of the payment service providers they use are not fully captured under the proceeds of crime and terrorist financing act." All crowdfunding platforms and service providers were required to register with the Canadian government’s financial intelligence unit, FINTRAC, and report “large and suspicious transactions.”<ref>https://nationalfile.com/canada-expand-scope-terrorist-financing-rules-will-allow-banks-freeze-assets-no-oversight/</ref>  The seizures were retroactive, meaning accounts could be frozen for actions taken prior to martial law being imposed.

Freeland announced an expansion of “terrorist financing” rules that would allow banks to freeze assets with no oversight when the Liberal Party of Canada suspended the [[Canada Charter of Rights]] and declared martial law in February 2022. The new measures also apply to crowdfunding outlets and payment processing providers.  “We are broadening the scope of Canada’s anti-money laundering and terrorist financing rules so that they cover crowdfunding platforms and the payment service providers they use,” Freeland said. The expanded rules also apply to digital assets, such as cryptocurrency. In enacting the changes, Freeland said that what she claimed were "illegal" blockades "...have highlighted the fact that crowdfunding platforms and some of the payment service providers they use are not fully captured under the proceeds of crime and terrorist financing act." All crowdfunding platforms and service providers were required to register with the Canadian government’s financial intelligence unit, FINTRAC, and report “large and suspicious transactions.”<ref>https://nationalfile.com/canada-expand-scope-terrorist-financing-rules-will-allow-banks-freeze-assets-no-oversight/</ref>  The seizures were retroactive, meaning accounts could be frozen for actions taken prior to martial law being imposed.

GPS tracking of cell phone data is able to identify anyone within the vicinity of where protests take place.

GPS tracking of cell phone data is able to identify anyone within the vicinity of where protests take place.

{{quotebox-float|”If you are a member of a pro Trump movement who is donating hundreds of thousands of dollars to this kind of thing, then you ought to be worried.”<ref>https://youtu.be/Qisd2juHvps</ref>}}

{{quotebox-float|”If you are a member of a pro Trump movement who is donating hundreds of thousands of dollars to this kind of thing, then you ought to be worried.”<ref>https://youtu.be/Qisd2juHvps</ref>}}

Trudeau's expropriation order caused a panic and a run on the banks.<ref>https://www.investmentwatchblog.com/trudeau-inadvertently-caused-a-bank-run-in-canada/</ref>  People rushed to ATM's to withdraw their cash before the government could seize it.  Five major Canadian banks went offline, preventing a number of customers from using e-Transfers, online banking, and mobile banking services.  The financial institutions affected by the outage included the Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank, TD Canada Trust, and the Canadian Imperial Bank of Commerce (CIBC).<ref>https://finbold.com/five-major-canadian-banks-mysteriously-go-offline-in-hours-long-outage/</ref>

Trudeau's expropriation order caused a panic and a run on the banks.<ref>https://www.investmentwatchblog.com/trudeau-inadvertently-caused-a-bank-run-in-canada/</ref>  People rushed to ATM's to withdraw their cash before the government could seize it.  Five major Canadian banks went offline, preventing a number of customers from using e-Transfers, online banking, and mobile banking services.  The financial institutions affected by the outage included the Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank, TD Canada Trust, and the Canadian Imperial Bank of Commerce (CIBC).<ref>https://finbold.com/five-major-canadian-banks-mysteriously-go-offline-in-hours-long-outage/</ref>

==References==

==References==