Category: freezing of bank accounts

BMO CEO Addresses Suggestion to Designate Convoy Protesters as ‘Terrorists’ to Freeze Accounts

The CEO of Canadian bank BMO addressed on Jan. 19 the revelation that he had recommended to the finance minister that Freedom Convoy protesters be designated as “terrorists” to facilitate the freezing of their financial accounts last year. “I would never call the convoy protesters terrorists. What was said is that in order for the…


Finance Official Wanted to Shield Banks After Freezing of Convoy Supporters’ Accounts: Emails

The federal deputy finance minister wanted to “keep the heat off the bank branches” after accounts belonging to supporters of the Freedom Convoy movement were frozen, according to internal emails from the finance department. “You should know that there have been threatening activities at certain bank branches,” Michael Sabia wrote to Finance Minister Chrystia Freeland…