Maybe it caused a run on the banks with people who had donated to the truckers trying to get their money out before it was frozen>>>>>>>>>>>>>>>>>>>>>
That is exactly what happened.
People who heard the origionall witchy Friedland Anouncement
put on their hats , boots and coats , jumped in their cars and headed to the bank. They took out everything.
I MEAN EVERYTHING......savings, investments, the works.And they are NOT coming back, opening bank accounts outside Canada in other jurisdictions. ......Bahamas, The Cayman Islands, Panama...etc.
The Bank CEOs panicked, and began dialing the Bank of Canada ( Canadas federal reserve.), and they shut down their banks for a few hours.
The run is still happening , and people who do not Trust the banks and who are in no danger of having accounts frozen are pulling out. There is a huge exodus of capital from Canada to other US dollar jurisdictions where the Banks are more trustworthy and secure.
The Canadian Banking system is now damaged beyond repair.....as long as Trudeau is PM.
Canada is now on the way to being Venezuela II.
Now in Canada, the Conservative Party appears to be more inept than the Republican Party in the USA.
I would be hammering Trudeau daily over this disaster.
I suspect deep down many in the Conservative Party in Canaday probably don’t mind that Trudeau is acting like a tyrant, they are pissed it was them doing the dirty work.
Wow, glad I grabbed my cash out yesterday.
Hoping the Credit Union funds are still intact, they seemed to believe that they would remain untouched.
Maybe I should give them call.... better read the article first.
Thanks for posting.