Thread by @johnrobb

We're getting a preview of #thelongnight in Canada:

"The order says that banks and other financial entities (like credit unions, co-ops, loan companies, and cryptocurrency platforms) must stop "providing any financial or related services" to people associated with the protests"

"The regulation's definition of a "designated person" also includes people who "provide property to facilitate or participate in any assembly." In other words, under these regulations, anyone sending funds to support these protests could be facing a shaky financial future."

>"For the most part, financial institutions can decide who they do business with and they may decide to cease offering financial services," the official said.<

>while the Emergencies Act gives banks time-limited powers, these institutions "may just decide to shut the person's account down" because there could be "huge risks" for banks servicing these customers in the future.<

>Under the regulations, the banks have a "duty to determine" who among their customers is considered a "designated person" who should be denied financial services. Banks will be working with law enforcement to decide who should be "de-banked."<

>it may be hard for some of the truckers participating to ever find work again because they could lack the necessary insurance. "Paying bills, paying rent and any kind of day-to-day financial transaction can be stopped for people who are part of the protest movement," she said.<

>Banks have been granted immunity against legal action...

"No proceedings under the Emergencies Act and no civil proceedings lie against an entity for complying with this Order," the regulations read.<

cbc.ca/news/politics/…