Bank Apologizes over (Canada) Trucker Convoy Account Freeze
(bjdichter.substack.com)
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The finger pointing begins in earnest. Banks doing damage control blame RCMP. They, in turn, along with the Ottawa Police Force are contradicting gov’t accounts “that law enforcement officers requested the act be imposed, granting sweeping powers to the Trudeau government”.
The big 5 banks lost about 50 Billion dollars in stock price alone that week.
Day 1, talked to the bank teller and explained why I was withdrawing a large segment of cash, and she tells me "Oh, I get it, we just got that memo today and you're not wrong to be concerned."
Day 7, this time with a manager, "Oh, they only locked very few accounts, nothing to be worried about." Me: "BUT, you've shown that AS A BANK, you WILL follow government orders, therefore this bank is no longer a trustworthy holder of cash. You KNOW how much my balances are, you know how much you make off that amount each year. Your best bet is to sue trudeau for that amount for this year alone, and that's just my account, not counting the thousands of others who are pulling out their funds too. Your lawyers made the wrong call."
I now only keep enough float in the bank to make sure bills get paid. The rest is secured elsewhere.