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IPFS News Link • Canada

Canada Expands "Terrorist Financing Rules" To Shut Down Freedom Convoy Funding

• https://thepulse.one, byArjun Walia

Under this announcement comes a move to halt all financing to the Freedom Convoy. Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the following today.

She went on to state that,

As of today, the bank or other financial service provider will be able to immediately freeze or suspend an account without a court order.

In a nutshell, banks will be able to freeze personal accounts of anyone linked with the Freedom Convoy protests without any need for a court order, broadening the country's "Terrorist Financing" rules to cover crowdfunding platforms and cryptocurrencies.

All crowdfunding and crypto platforms must register with Canada's financial intelligence agency, as mentioned above, FinTrac and report "large or suspicious" transactions. This will go on for at least 30 days unless the emergency is extended beyond that.


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