Justin Trudeau revoked Emergencies Act, probably because the Senators were going to vote it down. Check the article by Vancouver Sun below:
Justin Trudeau revokes Emergencies Act: 'Existing laws and bylaws are now sufficient'
Just a day after MPs approved it and potentially hours before being put to vote in the Senate, emergency measures invoked by the Trudeau Liberals last week have been revoked.
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Even with the occupations ended, the prime minister said the situation was far from over."This issue won’t just go away," he said, announcing that a parliamentary review of the government’s decision to invoke the act would be struck within 60 days.
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Critics and opposition leaders criticized the measures, particularly those meant to target money and bank accounts allegedly connected to convoy organizers and supporters.
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As news broke in the Red Chamber that the prime minister was set to revoke the Act, Senators shrugged and went on with their debates.
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Conservative Senator Pierre-Hugues Boisvenu suggested on Twitter the prime minister decided to revoke the act instead of risking it being voted down by the Senate.“The Prime Minister knew the Senate would not support him. He chose to back down rather than to admit defeat,” wrote Boisvenu in French.
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So, even though blockcades were already removed, Trudeau did not want to revoke the Act. He was forced to revoke it because the Senate would vote it down.
Why would the senators vote no to Emergencies Act? I think the following article by Calgary Herald shows an important reason:
Even a $20 donation to the Freedom Convoy after Feb. 15 could result in the donor’s bank accounts being frozen, a Commons committee heard Tuesday.
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“Just to be clear, a financial contribution either through a crowdsourced platform or directly, could result in their bank account being frozen?” Conservative MP Philip Lawrence asked Department of Finance Assistant Deputy Minister Isabelle Jacques.“Yes,” she replied.
“They didn’t have to actively be involved in the protest, they didn’t have to be here in Ottawa at one of the blockades?” Lawrence asked.
“No, not themselves,” she replied. “It could be indirectly.”
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People use bank to keep their money safe. Now, Trudeau's government and Canadian banks actually demonstrated that they will freeze people's money without any court order, regarding those non-violent protesters and their supporters as "terrorists".
This means that if enough people disagree with the government policy and express their disagreement, their bank accounts might be frozen.
Who would deposit money to those banks?
Trust and reliability of Canadian financial system has been severely undermined. Once trust is broken, it's really difficult to restore.
According to my friends in Canada, it seems many Canadian people are already withdrawing their money. I think if the Senate had approved Emergencies Act, it could have triggered financial collapse.