Whitehorse Daily Star

Act prompts Yukoner to pull funds from three local banks

A Whitehorse businessman has taken all his money out of three local banks due to concerns over the financial provisions in the federal government’s Emergencies Act.

By Tim Giilck on February 25, 2022

A Whitehorse businessman has taken all his money out of three local banks due to concerns over the financial provisions in the federal government’s Emergencies Act.

Ironically, as he sat down for an interview with the Star on Wednesday afternoon, word began to circulate that Prime Minister Justin Trudeau was announcing the revocation of the controversial act.

The longtime Yukoner, who asked to remain anonymous, said he had spent last Friday and Monday closing his accounts – which amounted to approximately a million dollars – due to his concerns over the act.

He had donated $100 to the truck convoy earlier in February, he said.

He grew highly disturbed at the provisions in the Emergencies Act that would allow the federal government to target donors.

While he didn’t believe he was in imminent danger, the man said, who is in his 60s, he wasn’t willing to take a chance.

He had accounts at three of the four local branches of the largest banks.

Two were fairly co-operative, the man said.

At the third bank, the manager was visibly angry at what he was doing – especially after he asked whether there was a list of approved organizations to donate to.

However, he said the manager also indicated that the branch had been instructed to report any “problem” customers to the RCMP by the corporate office.

“You mean like this conversation?” he asked.

The man claimed the manager agreed with that analysis.

The business owner said he made the donation to the convoy organization after the giant Go Fund Me company shut down the first fundraiser, which had received more than $10 million in donations.

He said he was outraged at the manoeuvre, and was sympathetic to the general notion of opposing the COVID-19 health restrictions and mandates.

“That definitely gave me a push (to make a donation),” the businessman said. “I felt compelled to support them.”

Once he learned something about the Emergencies Act, and Ottawa’s intent to target people who made donations to the truckers convoy by seizing their accounts, the businessman became very concerned about his own funds.

That’s why he decided to make the drastic decision to close his accounts.

He said the banks he dealt with have been busy with other people in the Yukon and Whitehorse following suit, although he wouldn’t provide any names.

Many others scoffed at his concerns – until they had time to look at what was happening. Then, he said, many of them began to re-think their position.

When he learned Wednesday the federal government was revoking the act, the man didn’t change his position.

“I still want to spank the banks,” he declared.

He is highly critical of Yukon MP Brendan Hanley, who he said has ignored seven emails sent to him on the subject.

The man said he went to Hanley’s office in recent days, and could hear staff working inside. Yet no one would come to the door to talk with him.

The man said that was unacceptable behaviour.

He did acknowledge a sign on the door said visitation is by appointment only, and he hasn’t tried to make one.

“I have no representation,” he said. “I want to put some pressure on him.”

“What kind of country are we living in?” he asked in conclusion.

The federal government and the RCMP have advised national media sources that the bank accounts of convoy leaders were targeted for freezing, as opposed to Canadians across the country making small donations to the cause.

See commentaries, letters.

Comments (80)

Up 2 Down 1

My Opinion on Mar 3, 2022 at 5:52 pm

Who said the money was taken out in cash? There are many other options as to where to put your money. Who said he didn't have much more money that was invested outside of the Banking Cartel. People all seem to think they know everything, they know nothing. That's why they have no money.

Trust the Government. Oh and drink your Koolaide.

Up 1 Down 1

Webster on Mar 3, 2022 at 4:53 pm

I don't understand why this is so hard to believe for so many.

Is the fact that a local businessman has (had?) seven figures in the bank not possible? Many here are stating that there's no point in having those holdings relative to inflation. Yet nobody has come out with the notion that those are only his liquid holdings. For all we know he has millions elsewhere tied up in bonds, securities, real estate etc.

And as for the narrative that 'the banks don't have that kind of money on hand so this story is false', you are showing your naivety. It gets ordered in and it arrives a week later. It really isn't a big deal.

At levels of higher cash holdings, people use the banks not for positive returns, but instead for the security which the institution provides. The banks - in exchange for providing that security - go on to make money with your money. When that security is compromised or threatened then it makes sense to withdraw some or all of your bank holdings.

Up 5 Down 12

Anie on Mar 3, 2022 at 2:44 pm

This story has so many holes in it that it's difficult not to just laugh, and yet so many people seem to believe it. Well, I have this bridge.......

Up 7 Down 2

AdmiralA$$ on Mar 3, 2022 at 12:28 pm

Honestly I have learned these thumbs mean nothing, few people read what I post, I think they just thumb it up because they believe I think the same way. I have no need to appease people nor do I get satisfaction from it. And yes this story is quite obviously fake BS as anyone who has ever gone to a bank and told them they want 10gs in cash would know, it's a bank draft or nothing for the most part.

These banks get weekly shipments so maybe 150K in each on hand each week. So we might as well add some truth for people to read here and make there own decisions about what they need to do to to help themselves. Remember, most of these readers have not even done the math to understand, their lives have been filled with other things. I can accept that MAYBE it'll help 1 person make an informed decision on their finances showing them these ideas in plain terms.

That said, I can tell by your response you side towards the more classical Austrian economic ideas. Ideas of sound money and proper rates. So why would you indeed make fun of people who would like to protect themselves from a predatory banking system? Also there are fire/flood proof safes that I can and do keep some amount of cash and metals on hand. Agreed if you keep a mill in a bag or loose on hand well...that is just stupid, might as well left it in the bank. I would recommend possibly, you pick up a safe and keep SOME cash and metals on hand

Up 8 Down 9

Roy on Mar 2, 2022 at 6:13 pm

@Admiral

This fake news clickbait story which passes as journalism here is about some "person" who withdrew 7 figures from accounts at 3 different banks

The people who understand money know that this story is really unlikely - or at the very least poorly written and likely getting a lot of facts wrong.

The people who don't understand are falling for this story like "omg! tha rich people are takin their money out of there multiple bank accounts strewn across multiple banks. Trudeau is the devil! Panic!"
My post was directed at the latter.

Yeah- if you have 7 figures of liquid capital you're gonna invest that to at least match inflation but hopefully beat it. If you have it in a savings or cheqing account then you are not going to accomplish this. If you have it in your closet you definitely are not going to match inflation - therefore your pile of cash is losing purchasing power over time. Yes - technically the $10 bill is still going to be worth $10. Except over time you can only purchase less and less with it. So someone with a million dollars in duffle bags in their closet - unless they are in the last couple decades of their lives with zero debt - is doing a really dumb thing. Especially if they have a house fire.

Thing is you clearly knew exactly what I was talking about in my post. But you chose to play semantics in return for internet thumbs ups. Yes money doesn't lose value - but it's purchasing power goes down. I think you give the people buying into this story too much credit with regards to their understanding of how inflation and interest rates work - let alone MMT.

Up 6 Down 1

Jake on Mar 2, 2022 at 5:20 pm

Ah Woodcutter....
I recall you are the guy who thinks he personally owns the bush roads because he paid YTG a small fee to use them. They are there for your personal use and you think that fee paid for them. How many million was that?
I am not surprised to hear your views on this. What are you looking for now?

Up 8 Down 5

Lost In the Yukon on Mar 2, 2022 at 4:47 pm

Throwing the flag on this tall tale … in other words “bullshite”

Up 15 Down 6

Jim on Mar 2, 2022 at 4:18 pm

@Roy, I don’t think you understand the over reach by the government on a whim by a spoiled, opinionated Prime Minister. At the snap of his fingers, with no talking, no negotiations, he name called all the protestors from all walks of life as racists, misogynist, fringe minority with unacceptable views and taking up space and then called in the emergency measures act even though all border blockades had been cleared. Meanwhile, his deputy called for banks to be able to freeze anyone’s account without any court ruling and without liability. There are still people with bank accounts, insurance and license plates cancelled without due process. So I think it’s no wonder that many Canadians have lost faith in both institutions and will most likely park their wealth in more secure locations.
If you don’t see the issue with this one can only assume your account at the bank isn’t of size to worry about, or you are a true Liberal and believe the Prime Minister should be able to attack anyone that does not align with his views. You have not seen him lock down funding for pipeline protests (funded by US environmental groups), BLM, (funding by US funds), railway blockades that stopped the economy dead in its tracks for over 3 months (funded by government of Canada). Or the 20 armed terrorists who attacked workers at a site camp in northern BC causing more than 6 million in damages.

Up 10 Down 12

Mick on Mar 2, 2022 at 3:41 pm

Clearly this never happened.

First, the banks in Whitehorse simply aren’t sitting on a million dollars cash, that’s not what they do.

Second, those donation lists are public domain, I’ve read ‘em and only on or two meet his self description.

Third why put your cash in a federally regulated system to begin with if you don’t trust the government.

Forth, why run to the media with your sob story to draw even more attention to yourself?

I believe nothing in this story.

Up 17 Down 6

AdmiralA$$ on Mar 2, 2022 at 2:29 pm

Wow, see it is some of these statements.... Money is always worth less over time, that's economics. Is blatantly false and I really have no idea where to begin with it so, ill just say let's all define money and currency properly there is a clear difference between both.
Gold is money because it stores value over time currency does not so it is not in fact money. In fact, 1 ounce of gold can buy you exactly today what it did in the Roman empire back in 250BC! pretty cool right?
Now to explain a bit on inflation and how it is created in currency. Inflation is expansion of the currency supply, most people believe inflation is rising prices that is a half truth. Best to understand prices as sponges soaking up all the excess currency expansion. There are other factors that lead to rising prices all of which we see today, but one. Supply, that is at a historic low, demand, which is at a historic high and the velocity of said currency. Now I am beginning to suspect that most business are limited to help control the velocity of our currency supply right now or prices would likely be climbing higher faster. Just an assumption not based with any evidence.
Now there are other ways to control currency supplies and inflation/deflation. That is interest rates and our interest rates must be higher then the inflation curve to get ahead and start reducing prices and currency supply. There are also very stable currencies around the world, the swiss franc is just one of them, has been considered a safe haven asset for nearly 170 years the value or purchasing power of that currency has changed very little over time. Strong monetary policies and low debt have kept it this way, and it will continue to remain that way until their monetary policies turn to currency destruction like ours.

I have not kept anything saved as cash in a bank for over 5 years. There is legitimately no difference between letting cash gain dust in a bank account with currently 0.50% rate of nominal return, as there is keeping it in cash when there are many avenues to invest, store or secure that currency outside of the Canadian banks. With that said storing some cash on hand is indeed a smart idea, why is Canada so different from Greece or Turkey or Lebanon or Venezuela? All rich first world nations with resource wealth. All in major currency problems, banks closed and limited withdraws in all these places. Only people who saved some cash or metals on hand were ready. Economics does not inherently destroy its own value...governments destroy the value of currency through debt and devaluation, Modern Monetary Theory does this very well.

Ill also have to disagree on the base that it is a Liberal problem now, because it looks like the buck is going to fall on their watch. However, interest rates should have been near 5% or higher before the pandemic and that is Harpers fault for convincing the house that the banks were not allowed to fail and restructure properly. So are the Liberals entirely to blame? In my opinion no, but it will be a liberal problem now and how they address this problem, So far looks like they refuse too because well, the budget will balance itself, and this will directly effect us all. How is Canada going to raise rates to above the inflation target of 5% and continue to service its drastically increasing debt? This I do not have an answer for, other then the same why most countries have. Create more currency from nothing, force prices to rise more and keep interest rates as low as possible. All inflationary tactics.

I would really like to have some form of civil discussion on this topic since I too am done with the hate and bias and can see it all around. Lets just legitimately talk about this instead of calling each other foolish and full of mistakes. I am not calling you entirely wrong either as I know too many people who still have no idea how to invest or secure their capital. Maybe it is just best some leave their cash in a bank. But, why should I return all mine? Why should people who understand currency be so inclined to return to the banking system? Why do you believe I am only destined to live on welfare because I do not store my cash in a bank? I have not taken a government hand out in my life, I payed for my school, I payed for my home, I payed for my vehicle. Because maybe, there is a run on banks now and they might close? sorry I am ready for that. Maybe cause nothing is going to happen? Well I am ready for that too. Maybe they will freeze my account for "suspicious" activity? Ready for that too. Maybe prices will rise exponentially? Still ready and waiting. What most people need to understand is we have the ability to create our own safety net, or at least I have. I am sure you have too and so have many others. Tell me what you think, where do you think I am wrong? What do you think I may have gotten correct? Maybe you think I am some silly hick, feel free to express that too. Any lack of engagement only shows you made that statement out of spite and hate not rational thought so, please feel free to engage this topic with me. I would love to hear your take on national and international economics in its current state. Or just to understand your school of economics, is it Keynesian economics, or possibly like me do you follow Austrian economics?

Up 21 Down 29

woodcutter on Mar 2, 2022 at 1:34 pm

lol this is funny, rich guy donates $100.00 to a group calling for the overthrow of democratically elected government, with members being held in jail without bond and now he is all confused and feels violated cause there may be consequences for his support.

I wonder, did he get it all in cash or is he walking around with bank drafts?

And this is the issue, money bags is proud enough to tell us the sad story of closing down his accounts and how he is alarmed at his entitled position being threatened by his donation of a paltry $100, however he is not brave enough to disclose his name. Perhaps he is just making up a story and wants attention?

I think this is fake news or as it's labelled today "Misinformation"

Up 18 Down 14

Jeff Bikaboom on Mar 2, 2022 at 11:36 am

Oh Roy.

The Emergency Act went on days longer than needed and was stopped just before it went to the Senate then Courts who would have put an end to it and ruled it unconstitutional. I think another reason it was stopped because of the run on the banks.

The protests accomplished much. They brought Canadians together and let people know they were not alone in being against mandates. They showed the Government's true colours, their ties to the WEF, and how they treat those that appose their civil rights violations. I recall the proposed tax on unvaccinated ended instantly out of fear of civil unrest.

I will not be putting money back in the banks, ever. Especially once the Canadian Digital ID is implemented. CIDC does not have enough money to insure peoples saving and only 100,000 is "guarantied". I believe they have enough to replace 2 percent of what is insured, and that will surely go to corporations before people. If you trust them, have at it. Banks are for borrowing money not saving money. Money in a bank will be just as worthless as money out of a bank.

People can buy property with savings. People can put money into physical gold, silver, platinum, etc. Metals go up in value with inflation and there is no tax on the profit. A true tax free saving account. They are also immune to cyber attacks and government seizures. I believe this is what Libertarians use. They walk around the forest all day and trade things for pieces of silver.

Roy this has nothing to do with sticking it to Liberals. If there is concern about liberals having to prop people up, perhaps the Liberals should stop firing everyone.

Research the amount of US dollars created in the lat 20 years, or even just look at the last 2 years. Your savings are already worthless, you just don't know it yet.

Up 22 Down 32

Roy on Mar 2, 2022 at 9:53 am

"It's Trudeau! Trudeau did it! The Liberals! Get your money out of the bank! He's never gonna rescind these powers! Oh wait....he just did"

Yep - the emergency order was withdrawn the minute it was no longer needed. The trucker protest accomplished nothing - despite there desires to have the government overthrown. The trucker convoy in the US that was supposed to match the Canadian one fizzled out before it got started - likely because the funding never showed up from overseas bank accounts that all of a sudden are sanctioned.

Also probably because as the Omicron waves passes by restrictions on society are being removed - just like they were with Delta and just like they were with original covid variant. Just like the governments said they would.
So the truckers got themselves some criminal charges and a cool story to tell their grandkids and nothing else. Hope it was worth it (it wasn't).

Everyone here who says they withdrew their money from the bank will be putting it back in the bank real soon I guarantee - what you're just going to save your money in a piggy bank? You realize that money is worth less as time passes - that's not a liberal problem - that's how our economy works. And if your money is in cash it's even worse. And no one is going to care a decade from now when you complain that you fell behind financially - "But there was a trucker protest and so I took my money out of the bank!"

But at least you have a social safety net to fall back on - social assistance and housing etc. Those programs are liberal backed - yeah the ones you complain about - people sucking on the government handouts - if you take your money out of the bank to stick it to the Liberals you're gonna be relying on the Liberals to prop you up.

The irony is not lost on us.

Up 13 Down 4

Charlie's Aunt on Mar 2, 2022 at 9:53 am

Today the Bank of Canada raised the interest rate to 0.5% and there will probably be more rate hikes through the year. Bad news for those negotiating mortgages but this could be significant if withdrawing funds. Yes your deposits to a limit of $100K are insured by CIDC, but investments involving stock market are not covered. My big question is why would anyone be investing 1 million spread between local banks? That kind of money needs investing in wiser places.

Up 17 Down 14

Juniper Jackson on Mar 1, 2022 at 8:27 pm

I don't have much in cash, but i'd like to keep it. The interest rate is pretty low. Certainly doesn't make a wild difference to my meager savings. I withdrew everything. However. my pensions are auto deposit. I was not able to change to paper cheques because CRA has gone paperless except for a few accounts that never had banks accounts. Currently, you are forced to give CRA your banking information in order to receive a pension. I am not sure if a bank deposit is even insured today. All i could find was some flim flam about "CIDC". The only thing i am sure of is that government today is NOT my friend. They are, in fact, my health and financial enemy.

Up 22 Down 13

Hey you! on Mar 1, 2022 at 4:11 pm

At CJ2 - Your precious… Trudeau is endangering all Canadian citizens with “his” intentional destruction of the economy for a bag of magic beans (ie. green tech). He lives in a fantasy world from where he has sent you an invitation to join him.

You appear to have accepted his invite and now you too are lost, going nowhere, talking in circles with a forked tongue. Give it up! The nicest thing people can say about Trudeau, without lying, ignoring reality, is that he is ‘human’…

Unfortunately though Liberals are like newborn kittens - Their eyes are closed and until they mature a little more they will remain that way. It is sad though that once their eyes are opened they are no longer Liberals… They can see the world for what it is and reality is all around them. Liberalism needs the fantasy to keep it alive.

Up 22 Down 9

Groucho d'North on Mar 1, 2022 at 3:53 pm

@Jeff Bikaboom
This media you speak of that has "...stated repeatedly that people with small donations did not have their accounts frozen..."
Would this perhaps be the same media that reported the protestors were racist, misogynist, anti-gay, white supremacists blah blah blah with no recorded evidence to support these claims? I think I see where the confusion is coming from.

Up 22 Down 3

Humble Measure on Mar 1, 2022 at 12:29 pm

So this guy's sleeping on a million dollar mattress now? lol

Up 33 Down 31

Oya on Mar 1, 2022 at 8:57 am

@ CJ2 Are you for real? Your thoughts as presented here scare me for the future of my country. Anyone who can idolize or even respect the dictator in Ottawa needs..... drugs or something.

Up 29 Down 21

Jeff Bikaboom on Feb 28, 2022 at 5:38 pm

The media has stated repeatedly that people with small donations did not have their accounts frozen. This is untrue as there are many reporting it has happened to them. Even family members of people that donated have had their accounts frozen. I personally know of an old couple who have had their account frozen.

Accounts were frozen because names of people that allegedly donated to a protest that was legal at the time appeared on an unconfirmed illegally acquired list from an illegal hack. This was justified by an illegal emergency act, which portions of are now becoming permanent. Yukon News did an article where they compared identities of people on the list to the petition, almost as if they were encouraging people to do the same. Why? So they could be harassed like the people in Ontario?

What is happening now is a preview of what's to come with the proposed Canadian Digital ID.
see article:
https://www.briefings.cba.ca/canada-needs-a-robust-digital-id-system
see video:
https://www.youtube.com/watch?v=Qyv38PiwPF0

From the video "The Wold Economic Forum (WEF) agrees banks should lead the path forward with digital ID"

The same WEF that has Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, on the board of trusties. The Freeland that just froze people's accounts without due process.
https://www.weforum.org/people/chrystia-freeland

Just imagine what can be done to people with a low social credit score when the new IDs are implemented. Our banking and health information in the same place. I wonder if this will be used to steer peoples behaviors in a desired direction, or punish those who don't comply? Will our money be turned off if we don't get boosted? Will we only be allowed to buy essential goods like in Quebec right now? What problem are they solving with these IDs? What problem, reaction, solution is going to be drummed up to force this on people? These IDs will just streamline the nonsense that is taking place right now.

I settled all my debts and pulled most of my money from the banks in 2019 in anticipation of this happening, plus the 'Cyber Pandemic' WEF is always on about. In the last month I pulled the remaining out with the exception of some investments which will be removed in due time. This was done almost purely out of spite. I am not a millionaire but I could have bought a few new vehicles with the money I just transferred into physical assets. I believe this trend is the real reason why the emergency act ended. Billions are being removed from the banks right now. Aside from spite, another reason to pull saving out is that they are becoming worthless from inflation.

Up 31 Down 45

CJ2 on Feb 28, 2022 at 1:00 pm

@Jim, I'm not saying government overreach should be ignored because of the invasion of Ukraine, just that it should bring clarity to the hyperbole.

It probably is more than 30 percent who share similar criticisms as the convoy to pandemic policies, as someone said, and I am one of them.

The best you can say about the convoy, is they mismanaged the opportunity in a colossal way. If they'd made it a legitimate protest against the mandates, they would have made their point and left. It would have had a huge impact in sending that message, as it would have gained support.

But they tried to strong-arm it, and it turned out their goals were a lot more extreme than they let on and perhaps not at all about the mandates.

We have so many chances to influence any Canadian government in our direction. But there's no fighting against the nihilism that so many are displaying here. Just don't try to dignify it by comparing your complaints against a country fighting an invading force, because the comparison is not in your favour.

There's lots to criticize any prime minister about, though I don't see Trudeau hiding from anything. But what other prime minister has been faced with the sheer magnitude of events he has had to deal with, apart from wartime? Trump, free trade, blockades, a global pandemic, an occupation and attempted overthrow of his government, and now a nuclear power invading a sovereign country. I haven't even listed all of this government's trials. The hatred he faces from some is absolutely deranged. But he can take it, and I admire him for that, among all other things.

Up 43 Down 32

Dave on Feb 28, 2022 at 12:02 pm

I was watching YouTube videos of protestors being rounded up, arrested, and put onto buses. At first it was hard to figure out if it was happening in Moscow or Ottawa but then I saw the European style buses and noticed the protestors weren’t being manhandled or hit with clubs so realized it was Moscow.

Up 36 Down 25

North_of_60 on Feb 28, 2022 at 11:13 am

VACCINE MANDATES OVERTURNED BY THE NEW ZEALAND HIGH COURT

Today [25 February 2022] in the New Zealand High Court, a judicial review of the NZ government’s vaccine mandates on the Defence force and Police forces were found to infringe civil rights without sufficient justification and hence the vaccine mandate order was set aside. The judicial review was brought by three Police and Defence Force Workers who did not wish to be vaccinated. The Judge in her judgement states “For the above reasons I conclude that the Order does not involve a reasonable limit on the applicants’ rights that can be demonstrably justified in a free and democratic society and that it is unlawful. There will be an order setting the Order aside.”

History is being written, Mr. Silver, which side will you be found standing on?

Up 62 Down 26

Jim on Feb 28, 2022 at 8:49 am

@CJ2, I just love how government over reach is suppose to be ignored because of the Ukraine tragedy. So what, are we supposed to accept government infringement of our rights until we surpass Ukraines invasion and then allowed to push back? But if you want to use Ukraines war as a comparison, how about the leaders of both countries.
The Ukraine president stands with his people and asks for more weapons and not a ride, while your “bada**” Trudeau runs and hides from a few trucks. Where was he on pipeline protests, railway blockades, BLM, Antifa? No bank accounts of supporters frozen there. How about the 20 masked and armed attackers at the work camp in northern BC that caused over 6 million in damages? Where was your bada** Trudeau? Not a peep. Nothing to see here.

Up 44 Down 27

iBrian on Feb 28, 2022 at 7:54 am

Yeah, but he’s not the only one. I know 6 people that have done the same. So if a bank now has about $3.8 million less in the vault, that decreases their lending ability from what I understand.

Up 48 Down 27

taking up space on Feb 27, 2022 at 7:10 pm

Excellent decision for any Canadian to make! This is unfortunately one of the only "tools" we have left for dealing with the tools in Ottawa and it needs to be used with maximum force to let the PP pinnacles of power know that the overt theft of our personal resources will not be tolerated in this country.
Freeland and Justin have simply tipped the hand of the bankers for all to see. The money we, in some cases, work for and deposit is theirs to steal whenever it suits their purposes. Close your account! Save yourself from permanent poverty in Canada!

Up 33 Down 12

KW on Feb 27, 2022 at 4:41 pm

For the love God, all the people publically stating that you have withdrawn all your money and have all your assets as cash on hand, please, please get a safe or some other secure way of storing your valuables. It is not that hard to find the leaked list of give send go donors and some of you have included a degree of identifying information. Just because you were naive enough to be lured in to an obviously manipulative propaganda narrative does not mean that you deserve to have your life savings robbed. Please be smarter about your public statements.

Up 32 Down 17

bonanzajoe on Feb 27, 2022 at 4:33 pm

CJ2. You're right about JT being a bada***. The only solution to that is a good kick.

Up 37 Down 20

bonanzajoe on Feb 27, 2022 at 4:13 pm

Doug Twigge. Both Putin and China's President Xi castigated Justin Trudeau over his invoking the Emergency Act. What they were really telling Trudeau was, "you're no better than us".

Up 36 Down 28

bonanzajoe on Feb 27, 2022 at 4:07 pm

Jackie. The facts are in. Chrystia Freeland's grandfather was a Nazi during the war years. Google it up. Birds of a feather from the same nest.

Up 19 Down 7

Nell Fenwick on Feb 27, 2022 at 4:03 pm

A million dollars! Why, that's at least a bitcoin or two.

Up 38 Down 21

bonanzajoe on Feb 27, 2022 at 3:59 pm

Lost In the Yukon: Hanley as well as his predecessor Bagnall will never respond to any letter they disagree with. The only thing they would do, is report them to the RCMP. But say something praising to him and like Bagnall, he will respond within 24 hours. I and I'm sure many others are sure of this.

Up 27 Down 40

Roy on Feb 27, 2022 at 3:04 pm

It’s embarrassing to watch adults buy into this fake story. Zero proof. So many holes. Doesn’t make sense at all. Nobody does what this story suggests. Even if you are against what Trudeau did this story makes no sense. Even Admiral A$$ and other commenters are like “what? Nobody would do this”

It’s made up clickbait to drive views and comments. And you fell for it.

Up 16 Down 17

Libs, fibs, and their nibs… on Feb 27, 2022 at 1:25 pm

Dear CJ2 - The next Liberal campaign sing is going to be, What A Fool Believes - Doobie Brothers. Kate White and the Dippers will continue to ride on the Liberal - Crazy Train remix version by Ozzy Osborne…

All aboard Ha ha ha ha ha ha ha
Ay, ay, ay, ay, ay, ay, ay
Crazy, but that's how it goes
Millions of people being taught to live as foes
The Liberals say it is too late
To learn how to love
And to live without hate
Mental wounds not healing
Society is reeling,
Life's a bitter shame
We’re going off the rails on a crazy Liberal train…

We see your discord CJ2… Sewing it deep… Well rooted, deep seeded, discord… Is the Liberal motto still: One ring to rule them all and in the darkness bind them? I know, you can’t disclose the secret codes of the Labyrinthine Liberal Sect. That’s not fair of me to put you on the spot like that… Don’t answer anyway it’s pretty obvious something clandestine is happening in the Liberal Ranks…

Up 23 Down 22

BnR on Feb 27, 2022 at 11:37 am

So this is what passes for a "news article" in the Whitehorse Star these days.

Up 42 Down 21

Juniper Jackson on Feb 27, 2022 at 10:58 am

Several commenters have posted to the tune of..look what’s happening in the Ukraine's? Get over yourself…
I am not in the Ukraines. My own county is so broken, we need to heal. At this moment, we don’t have any leadership. Trudeau will do nothing worse than comment that it’s a bad idea..bad, bad, Putin. But his own words were how much he likes dictatorships..he admires Xi Jinping..he pays off terrorists. I can donate to the Ukraine relief efforts, pray for them..and us..and not say, let Canada keep sliding in to “sh*thole” status, because there is a war going on. He rather likes war. Of course, when he’s hiding out somewhere. I wonder if he knows how sad and pathetic he is..I wonder where they’ll find him? Husain was found hiding under the floorboards.

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ProScience Greenie on Feb 27, 2022 at 10:48 am

Another typical naive far right snowflake. Hard to have sympathy for the Karen Konvoy organized and led by anti-Canadian western separatists, low-info islamophobes, and nasty white supremacists with massive funding by far right American Putin-loving neo-fascists aka Trumpers.

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Bandit on Feb 27, 2022 at 10:45 am

@CJ2
Are you for real?? 30% want the mandates gone according to you. You better redo your IPSOS poll because I think you are way off, and to your comment Trudeau is a Badass I really don't know how to reply other than FOCUS...

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Questions on Feb 27, 2022 at 10:04 am

What do you do with the cash once it's withdrawn?

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Sheepchaser on Feb 27, 2022 at 9:44 am

Were the funds invested? By closing those accounts, all taxes on those funds will have to be paid. Any withdrawals from registered accounts like RRSP and any capital gains will incur tax. Additionally, RRSP contribution room will be permanently reduced in the same amount as the withdrawal.

That’s going to be a huge tax bill given that the subject has chosen to incur all those liabilities in the same year. This will only benefit the government. A hundred bucks to the protestors. One hundred thousand into government coffers.

Greater fool indeed.

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CJ2 on Feb 27, 2022 at 12:27 am

I thought the convoy accounts were frozen to find out who was funding it and check the legality. Can anyone deny there was serious potential for grifting in the amount of money a bunch of yahoos were soliciting and handling?

I don't know how anyone can seriously make these statements about being crushed under the weight of the Canadian government, especially in light of what's happening in the Ukraine. How much more accommodating could the authorities have been? They gave several days notice to clear out of Ottawa, even after the emergencies act was passed. I don't want our country to be one where mobs decide which laws they'll obey or not, whether that's occupying Ottawa or burning churches.

I'm definitely in the 30 percent or so of citizens who thinks it's time to end the mandates, and that the restrictions are dragging on beyond any justification that I can respect. There's a lot to criticize.

But it doesn't affect how I feel about the government in general. Trudeau is a bada*** and I fully intend to vote for him again.

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Charlie's Aunt on Feb 26, 2022 at 3:07 pm

Reminds me of one of my grand uncles who, even in 1960s didn't trust banks after the recession. He kept all his cash in his pants pocket and slept with his pants under his pillow. Probably not the best idea but a cake tin buried at bottom of garden could be an option given current interest rates. Seriously, aside from different personalities, all of the main banks have different rules from their head office and what can be an easy transaction at one bank can be an unpleasant encounter at another. Check around and ask how different banks handle estates for starters; some even impose regulations that are against Canadian law.

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Yukoner on Feb 26, 2022 at 2:20 pm

@Yukon Liberal... Trudeau didn't "ask" for a third party inquiry into this decision out of fairness or in some attempt to look fair or good - he did it because he's legally required to do so under the act.

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Vince Anderson on Feb 26, 2022 at 1:59 pm

Trudeau is the reason for the convoy and also the reason it lasted so long. If he had done his job as PM it could of ended in days, not weeks. For evoking the emergency act without enough cause he should be voted out and I believe he will be. He has trampled on the rights of Canadians all over this country. This needs to be settled by the Supreme court because we all know the Liberals will block any evidence in an inquiry like they always do. The Charter if useless if this stands.

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My Opinion on Feb 26, 2022 at 1:51 pm

Welcome to Canadastan.

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My Opinion on Feb 26, 2022 at 1:50 pm

Are you safe if you made donations to the Tides foundation, Rockefeller Foundation, or BLM? The left leaning donators should be worried about this kind of Overreach as well.

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My Opinion on Feb 26, 2022 at 1:46 pm

Try asking your bank for a list of acceptable donations that you can make. Try asking the Banks if your deposits are safe. You will be shocked!

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AdmiralA$$ on Feb 26, 2022 at 9:27 am

Who leaves their currency in a bank any more? Honestly this is easy to explain. Interest rates are the value of Currency and inflation in the cost of currency. So in economics we have something called nominal interest rates and real interest rates. Nominal interest rates are fed funds rate in Canada that rate right now is 0.25% so by this you gain approximately 0.25% as rate of return on your money stored in the bank. Pitiful at Best But it gets better because real interest rates are what matter and real interest rates are nominal rates minus inflation so we know nominal rates are 0.25 - inflation which is stated now at 5.1% so your rate of return on money stored in a bank right now is
0.25-5.1=-4.85% yes that's negative 4.85% return. Your better off to invest in something that has better then a 5% return, Or purchase inflation hedges with your currency.

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Austin on Feb 26, 2022 at 9:25 am

Makes me want to make a donation and close my accounts down. Honk Honk Honk. Yeah I know what it is like to deal with our MPs Office when Bagnell was in power. No difference with our new MP Hanley. Just a high priced paying job with someone who doesn't give two s__ts about the Yukon. Trudeau is no different than his father. Entitled Liberal BS.

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Groucho d'North on Feb 26, 2022 at 9:24 am

During the media wrapup of the protest events in Ottawa, I heard that lots of video was shot of those attending the protest in a "We know who you are" attitude and they were all labled as criminals under the provisions in the Emergencies Act. So now that the Act is no longer in force, why do the Federal Trudeau Liberals pursue these people whose only crime was to stand, shout and wave flags? Is this a government demonstration of crushing force to remind all Canadians who calls the shots and what may befall any of us with "Unacceptable Views" It's long past time for the egotistical tyrant in Winnie the Pooh socks to be replaced.

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At home in the Yukon on Feb 26, 2022 at 8:01 am

“I still want to spank the banks,” he declared. Um, what did the banks do wrong? They were merely following their legal requirements. Are banks supposed to be conscientious objectors too? How would that fly for them?

Trudeau doesn't stand a chance of getting my vote. Nor does Sandy Silver for that matter. The unvaccinated, those who for whatever reason chose to exercise their civil right of informed consent, have been demonized. They have become scapegoats. If all of them had been vaccinated, we would still have seen a significant omicron wave.

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DL on Feb 26, 2022 at 1:15 am

If you really want to understand the machinations behind the freezing of bank accounts based on a fake ‘emergency’, you’ve got to read this piece entitled
“Did Justin Trudeau Just Destroy "Social Credit System" Logic?”

https://rwmalonemd.substack.com/p/did-justin-trudeau-just-destroy-social?utm_source=url

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DL on Feb 26, 2022 at 12:34 am

Quoting from the above article: “At the third bank, the manager was visibly angry at what he was doing – especially after he asked whether there was a list of approved organizations to donate to… and the manager also indicated that the branch had been instructed to report any “problem” customers to the RCMP by the corporate office.”

The nerve! Please tell us which bank that was. We need to stay away from such banks that are so readily willing to breach people’s Charter Rights. That’s an attitude subject to political propaganda, not to the rule of law.

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DL on Feb 25, 2022 at 10:38 pm

To begin with, the Ottawa protests were peaceful, and there were no threats to Canada’s sovereignty or security, so the conditions for calling the Emergency Act were clearly never met.

Secondly, the Emergency Act is NOT effective until it has been voted in by members of parliament AND the senate. Trudeau and the police acted illegally when they immediately proceeded with the brutal crackdown on peaceful protesters under an emergency act that was not duly authorized at that time.

The banks that froze donors’ bank accounts are equally guilty of acting outside the law. They should know better, and it’s no wonder they’ve lost people’s trust. These bankers were so quick to freeze the accounts of small donors to a peaceful protest. They deserve to be dragged in court, and pay through the nose.

As for Trudeau’s claim of economic impacts emergency, that is not a condition for calling the Emergency Act. In fact, it is the government-imposed lockdowns and restrictions over the past two years that have severely damaged our economy and well-being: businesses have been bankrupted, hyper-inflation, skyrocketing rates of suicides, overdoses, and depression among children, etc.

Trudeau never even bothered to talk with the protesters, and has completely ignored what they asked. The protesters were simply asking that all covid mandates be revoked now. Many countries are doing this, why not Canada?

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jack on Feb 25, 2022 at 10:38 pm

Hanley already a big fail. He's supposed to represent all Yukoners, not just the hard left....

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Matthew on Feb 25, 2022 at 10:12 pm

Sickening when people think it's ok for a government to confiscate/freeze your bank account for your personal beliefs! What ever happened to freedom of choice, without prejudice? Why is that such a hard concept to grasp?

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Incredulous on Feb 25, 2022 at 9:36 pm

@yukon liberal

Entitled and spoiled??? A man who has worked hard his entire life feared losing everything because Trudeau’s ego means more to him than the actual wellbeing of Canadians. I don’t blame him. If I had those kinds of assets I would do everything in my power to protect them. If enough people do this it sends a message. These endless ridiculous mandates have already ruined many Yukoners lives. I know many people who struggle month to month because of decreased work hours and childcare.

I’m glad you’re secure enough you feel you have the right to call others “entitled and spoiled”. Hopefully the action of this man and the many others closing out accounts sends a message. You don’t mess with people’s livelihoods. Nobody should be forced to choose between a vaccine that has hurt thousands of people and the roof over their head. Government needs to stay out of our personal medical decisions. I’m double jabbed but I don’t believe government has the right to mandate these shots. I’m sure you’re going to tell me how selfish and entitled I am for daring to question companies that have all paid out BILLIONS in settlements. Johnson and Johnson is still dealing with their cancer causing BABY POWDER of all things. If they can’t get baby powder right…

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Oldeagle on Feb 25, 2022 at 8:32 pm

How entitled and spoiled - not to mention blind and willfully ignorant - Liberals are today to any perspectives that do not match their own. Clear proof of that is seen not only in the comment above, but also in the active vilification, censoring and removal of any opposing Conservative (or other) points of view on all mainstream media outlets as well as on all of the major social media networks. It's tentacles also showed up in the vilification, scorn, and illegal brutal suppression perpetrated on the Freedom Convoy people in Ottawa by Trudeau.
Peaceful protest is legal in Canada under our Charter of Rights and Freedoms - and that's entirely what the Freedom Convoy protest was all about - yet Trudeau not only refused to even meet with them to discuss their concerns, he chose instead to call these thousands of peaceful citizens terrorists, invoked the Emergency Act, and used brutal police force to disperse them, while publicly claiming in Parliament that those same rights and freedoms were still allowed. He lied. And he continues to lie to the people of Canada about his true and increasingly obvious intentions to destroy our nation, and lead us into the one world government espoused by his mentor Klaus Schwab of the World Economic Forum. Trudeau will in the end pay a heavy price for choosing to destroy instead of building our nation, and for willfully choosing to do wrong against our citizens instead of that which is right.
A lie does not become truth, wrong does not become right, and evil does not become good just because it is accepted by a majority. Liberals today need to be taken to the old fashioned wood shed for some old fashioned disciplining and punishment for those wrongs committed against the citizens of our nation.

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Doug Twigge on Feb 25, 2022 at 8:29 pm

Well an old saying comes to mind today...and the reason for it is as follows.
Just this past Monday we had Trudeau/Friedland and Jagmeet without remorse give permission to have Freedom seeking Canadians be beaten by their willing henchman just for wanting the freedom of not partaking in an experimental trail vaccine.
These 3 folks and all their party followers today spoke out against Vladimir Putin for his aggression and his disregard for the freedom of individuals within an nation.
Well sadly what we have is the validation of the saying...POT CALLING KETTLE BLACK...The Liberal and NDP party in Canada wear the hidden desires of control at all costs similar to that of Putin. The world knows that the only difference is the means of the same path of control and manipulation are being played. We also are under a Tyrannical Govt.

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Max Mack on Feb 25, 2022 at 7:52 pm

". . . the manager also indicated that the branch had been instructed to report any 'problem' customers to the RCMP by the corporate office."
Very disturbing. If you try to withdraw your own money, you might very well have the RCMP profiling you and coming to your door for a "chat".

Perhaps banks should have given some push back against the obvious tyrannical moves by the Trudeau government to seize people's bank accounts by extra-judicial means. They would have had to comply, of course. But, they could've challenged it.
Instead, the banks eagerly complied and are now participating in the profiling and reporting of ordinary citizens for the "crime" of taking money out of the bank.

I have lost trust in Canada's banking system as a result of this.

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Jackie on Feb 25, 2022 at 7:42 pm

Bank managers do not have the right to get mad at a customer for taking their money out. If Ms. Freeland had have stated who was at risk of having their accounts frozen, then this wouldn't have happened.

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No political affiliation - I am a realist! on Feb 25, 2022 at 7:08 pm

@ Yukon Liberal - How entitled and spoiled the Liberals are… They go around yelling, name-calling, gaslighting, and threatening people and are aggrieved when called to account. Trudeau’s actions are so egregious that he should be immediately removed from office and he should exiled… But hey, those spoiled and entitled Liberals will defend him and their treasonous policies to their own detriment. Those Liberal goons, cutting off their noses to spite their faces.

Liberal entitlement indeed. Given the destructive nature of the Trudeaus more generally the name and the family members themselves should be subjected to sociopolitical censure. Send them packing… Every last Liberal one of them!

And yes, Liberal supporters, even the NDP’ers should get the same treatment!

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Webster on Feb 25, 2022 at 7:00 pm

Smart. I did the same thing (albeit on a smaller scale) and pulled six figures out, I did not shut down my accounts, but I definitely pulled the excess out. Time to diversify holdings. Cash is still king.

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TMYK on Feb 25, 2022 at 6:54 pm

@Yukon Liberal. You mean the 3rd party committee that will be controlled by a majority of Liberals? That one? The protest needed to end but the EMA was a huge overstep of authority and completely unethical. The only reason Trudeau pulled the EMA was because he got word it wasn’t going to be passed by the senate.

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martin on Feb 25, 2022 at 6:41 pm

@Yukon Liberal: A person doesn't have to be a Con; a Libertarian would feel the same way, as opposed to a narrow minded type. Sad to see, a Yukon Liberal puts all of us in the same bag.

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Used to be Liberal on Feb 25, 2022 at 5:54 pm

To the general public, most of the protestors are honest, hard working Canadians who are tired of living with mandates for a "common cold"!!!!!

If other honest, hard working Canadians wished to donate to support those speaking up, that too should be a FREEDOM without fear of such HARSH repercussions

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Not a liberal on Feb 25, 2022 at 5:32 pm

Trudeau didn’t ask for a review, it was an obligation put in place when the emergencies act was written. He would have tried to sweep everything away like he always does, if he could have.
What exactly is entitled about a person making a withdrawal of their money from their account? It happens literally every day.

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Jake on Feb 25, 2022 at 5:21 pm

@ Liberal
My God! "Entitled and spoiled"? What level of cognitive dissonance exists in your head for you to discredit a private citizen taking control of his own money?
For any reason.
Do you have a million dollars in the bank? I thought not. You're looking forward to being given his.

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Lost In the Yukon on Feb 25, 2022 at 5:20 pm

The bigger story here is Hanley … he has a well earned reputation of not responding. First as the Chief Medical Officer of Health and now as our representative.

The fact of the matter is that there is only one person Hanley represents and that is himself.
One term and done!

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JC on Feb 25, 2022 at 5:02 pm

So,
Some guy did some performative thing that doesn't matter to anyone.
Woweeeeeeee!

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DTerr on Feb 25, 2022 at 4:22 pm

So the diligent reporter followed up with the banks to determine how many people were doing as Mr. Anonymous. No? He must have contacted the RCMP or Bank Corporate Headquarters to confirm "problem" customers are to be reported to RCMP. No? Just hearsay from an anonymous businessman. Impressive story? No!

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Yukoner ‘71 on Feb 25, 2022 at 3:51 pm

I did the same thing with my bank of 34 years, not because I donated to the convoy but because I don’t want the government controlled vassal banks to have my money anymore. Simply put my faith in the impartiality and independence of Canadian banks is broken. Now I know why people didn’t trust banks back in the day, they had a reason for it! Anyways the first story I got from my bank when I told them why I wanted to withdraw all my money was that they didn’t know anything about the banks seizing people accounts on orders of the government. Then they said they didn’t have that much cash on hand and offered a useless bank draft which I refused as they could cancel it five minutes after I walked out the door. Finally the visibly angry teller complied with my request after making several snide comments. From now on I will only keep day to day bill payment coverage in any bank and the bulk of my funds will be kept elsewhere, it’s not like the banks pay you anything in interest for it anyways. To you banks, please take this as a giant middle finger for being government agents against your customers.

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Oya on Feb 25, 2022 at 3:45 pm

@ Yukon Liberal Wow. So you agree that our dictator in Ottawa was right to use that Act to move out those peaceful protesters? That was THE biggest coward move EVER. The dictator should have come out of hiding and talked to his constituents! It would have ended in short order if he had the ***** to face the people.
I have never been so disgusted by any leader ever as I am for Trudeau using that Act. He is no leader in my books. He is ruining our country. If you don't see that, well, all I can say is I hope I don't know you in person. Anybody who can support his dictatorship and totalitarian ways needs to give their head a real good shake. Why do you think he called the review himself? To try to save face because he knows damn well he went tooooo far. I am truly fearful for our country with him at the helm.

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#idiots on Feb 25, 2022 at 3:42 pm

I donated the same amount as the person in the article, but I am a female and a visible minority. My accounts weren't frozen. Wonder if the frozen accounts only applied to Caucasian males because they are a fringe minority, who are racist, misogynistic and hold unacceptable views...

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Bill M. on Feb 25, 2022 at 3:38 pm

I concur with this chaps suspicions, I now won't trust the government on any issues especially matters of freedom & our rights. Seems they can circumvent it at will & don't care diddly squat about our rights, cuz there in charge of us & they know better than us, bulls**t, eh.

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Fools and their money on Feb 25, 2022 at 3:38 pm

I'll be happy to take $100 off your hands. I want to push my noisy snowblower in circles and protest all the snow we've received this winter.

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bonanzajoe on Feb 25, 2022 at 3:37 pm

It will a cold day in Hades when I make an appointment with the Liberals or NDP. I believe in freedom and democracy. The only political parties I know that will defend those rights are the Conservatives, Peoples Party, Yukon Party and the new Freedom Party. Going right is the right path to travel.

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Rick S on Feb 25, 2022 at 3:34 pm

The bank manager getting short with this particular customer is proof positive of how dangerous the Emergencies Act is. Someone working at a bank could nix your account because they're ideologically opposed to your views, and they'd be inclined to do so because of the lack of legal repercussions afforded in the Act. The manager clearly thought his customer wasn't worthy of his money, based on his veiled threat of calling the RCMP.

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bonanzajoe on Feb 25, 2022 at 3:33 pm

Two days ago, Deputy PM Freeland announced that the freezing of bank accounts of people who donate money to ventures unacceptable to the government, would continue as a "tool in their toolbox". I closed all my accounts down from one of the local banks. And I am considering doing the same with my existing bank. I too, donated to the truckers protest. I am sure the RCMP will now want to check me out.

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Yukon Liberal on Feb 25, 2022 at 2:54 pm

How entitled and spoiled, The act has been terminated and Trudeau himself has asked for a third party inquiry into this decision. Conservatives and their temper tantrums are so predictable.

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