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Big Banks in Canada Face Outage Day After Emergency Declared
tokenist.com ^ | 2/17/2022 | By Ruholamin Haqshanas

Posted on 02/17/2022 12:58:36 PM PST by RomanSoldier19

Five major Canadian banks were hit by an hours-long outage on Wednesday, convincing some that a bank run might be occurring.

number of major Canadian banks were hit by an hours-long outage on Wednesday. The outage happened one day after the Canadian Government invoked the Emergencies Act, giving officials the authority to freeze bank accounts of suspects, seize protesters’ trucks, and suspend their vehicle insurance.

Five Major Canadian Banks Halt Services for Customers On Wednesday, five major Canadian banks suffered an hours-long outage, blocking access to online banking and e-transfer services for customers. The impacted banks include Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank, TD Bank Canada, and the Canadian Imperial Bank of Commerce (CIBC).

The RBC, Canada’s largest bank in terms of market capitalization, confirmed the outage in a tweet. During the late hours of Wednesday, when asked about why the bank is down, it said:

“We are currently experiencing technical issues with our online and mobile banking, as well as our phone systems. Our experts are investigating and working to get this fixed as quickly as possible, but we have no ETA to provide at this time.”

However, data shows that other Canadian banks were also hit by outages between 5 p.m. and 6 p.m. Eastern time.

(Excerpt) Read more at tokenist.com ...


TOPICS: News/Current Events
KEYWORDS: bank; canada; run; search
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1 posted on 02/17/2022 12:58:36 PM PST by RomanSoldier19
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To: RomanSoldier19

They took the banks down so they could freeze the accounts before they close them out.


2 posted on 02/17/2022 12:59:44 PM PST by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper)
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To: RomanSoldier19

That’s when they were installing the patch to shut off banking to liberty-loving Canadians.


3 posted on 02/17/2022 1:00:40 PM PST by ProtectOurFreedom (If truckers quit their jobs, society would collapse. If politicians quit their jobs...HALLELUJAH!)
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To: RomanSoldier19

Can people visit the bank in person and get their money?


4 posted on 02/17/2022 1:00:43 PM PST by virgil (The evil that men do lives after them )
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To: RomanSoldier19

Based on anecdotal evidence from several FReepers that have accounts with the big banks in Canada, no outage was experienced.


5 posted on 02/17/2022 1:01:19 PM PST by Fury
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To: \/\/ayne

Freezing the assets of truckers told everyone in Canada that their money was no longer “theirs” if it was in banks.


6 posted on 02/17/2022 1:02:18 PM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: RomanSoldier19

Go ahead. Give people a whiff of the idea that their money may not be safe in the bank. See what happens, geniuses.


7 posted on 02/17/2022 1:07:03 PM PST by Antoninus (Republicans are all honorable men.)
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To: virgil
I believe the banks' computer systems were overrun with people doing "a run on the banks" -- everybody withdrawing at the same time. If Brandeaux gives himself the authority to block someone else from accessing his money for disagreeing with him, it's only a matter of time before he'll do the same to you. So the Canucks were getting their money while they still could.


The purpose of socialism is communism.

8 posted on 02/17/2022 1:07:52 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: RomanSoldier19

9 posted on 02/17/2022 1:08:25 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: RomanSoldier19

Nice list of where you don’t put your money 🤪


10 posted on 02/17/2022 1:09:45 PM PST by NWFree (Somebody has to say it)
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To: Antoninus

See IndyMac Bank and before that Continental


11 posted on 02/17/2022 1:10:00 PM PST by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: RomanSoldier19

Easy to ID and convict those who tried to withdraw funds as Domestic Terrorists and grab all of their a$$ets and put them in the DEW Line gulags...


12 posted on 02/17/2022 1:10:28 PM PST by Paladin2
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To: RomanSoldier19

give-em a lil strss-test and withdraw 95% of your money for a couple weeks and see if they change their tune


13 posted on 02/17/2022 1:12:52 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: RomanSoldier19

We took steps after our bank closed to all transactions including access to our safety deposit box when the branch was closed for a week to decontaminate from a couple of covid positive bank employees.

This action by the Canadian banks simply seals our view of bank safety and one’s assets.


14 posted on 02/17/2022 1:17:31 PM PST by OpusatFR
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To: Paladin2

Maybe I’m the only one who remembers there were a number of utility trucks scattered in the convoys? His Trudeauxness really, really, needs to be polite. The guys in those convoys know how gov’t krap works. The know where the important stuff is.

One of my old trucker friends used to tell me that he knew where stuff is/was happening because he delivered water to the places. More water/ less water coming/ going, etc.

And you had to like the interviewed trucker who said go ahead, freeze my account. I don’t have any money. Maybe they’ll put some in when they leave?


15 posted on 02/17/2022 1:20:19 PM PST by OldWarBaby
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To: RomanSoldier19

They’re just showing the Plebes who is boss.


16 posted on 02/17/2022 1:26:42 PM PST by dljordan
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To: RomanSoldier19

Meanwhile...the “hacker known as 4chan” is going after “journos” who have acquired the hacked GiveSendGo list to harass trucker donors.

They got one with a Salt Lake publication. He is getting a “rectal examination” ATM.

Whew, boy!


17 posted on 02/17/2022 1:38:41 PM PST by RushIsMyTeddyBear (HOOOOOOOOOOOOOONK!!! 🇺🇸 🇨🇦)
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Comment #18 Removed by Moderator

To: RomanSoldier19

And they expected just what exactly?

It looks like the Black Market and the barter system are going to be making a big comeback.


19 posted on 02/17/2022 1:44:03 PM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: virgil

Depends.
Most Financial places only keep a certain amount of cash on hand.Checks don’t work when the communications systems are down.
Always keep a significant amount of money at home because the “Bank” won’t have it when you need it.
Read up on SHTF and prepare.


20 posted on 02/17/2022 1:45:03 PM PST by rellic
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