This posting is an amalgam. Thanks to C.L.E.A.R. for the info about the tug-of-war between banksters and citizens over digital currency versus cash.
Thanks to Rebel News for the variety of reports, such as the Scotiabank ARBITRARY de-banking of a 20-year client. It’s shocking when examples are collected in a single report.
The de-banked customer could as easily (more easily, given my blog) be me.
A recent story of a Scotiabank branch “de-banking” a customer of 20 years is almost unbelievable. But so was the blocked access to bank accounts and credit cards during the covid years.
The de-banked story follows – – below this
From the C.L.E.A.R. Newsletter:
REMINDER
New Credit Card Fees & Lack of Privacy
It is starting – Use cash as much as possible – use credit cards or digital only if there is no other alternative.
The Bank of Canada is admittedly planning for digital currency. It claims that it will not replace cash – BUT – and here is the caveat, it will continue to use cash “notes for as long as Canadians want them.”
In other words, if you don’t use cash, you will lose it. Reading between the lines, it is clear that the Gov’t will simply issue press releases and polls showing most Canadians don’t use and/or don’t want cash, and then the Bank of Canada will claim it has to eliminate cash because few people are using it or want it, and it is, ironically, too costly to maintain printing the notes and coins.
https://www.bankofcanada.ca/digitaldollar/#what-digital-canadian
Bill Still, the US Patriot and author of the incredible documentary, The Money Masters, outlines the results of recent polls showing that 86% of Canadians fear the digital dollar!!! Wow.
87% of Canadians have heard or are aware of the Bank of Canada’s CBDC (Central Bank Digital Currency), and 82% are strongly opposed to it!!
More on this issue in the next newsletter!
Companies will not use digital currency if we are not using digital currency!
It will cost them too much in lost business.
Here is two awesome posters that you can distribute to all businesses to put on their entrance doors, advocating for the use of cash. Print on 8 1/2 x 11 glossy hard stock for best results.
For Business owners:
The dangers of digital gov’t ID and currencies are here… you need to use cash as much as possible. As recognized by Freedom Rising, there are many inherent dangers of using digital currency. What do you do, not if, but when:
The internet is down
There is a power outage
The card reader malfunctions
Your phone battery dies or doesn’t work for other reasons
WE SUGGEST YOU CONSIDER THE FOLLOWING AS WELL:
Your phone is stolen
Your passwords are co-opted
Your credit/debit card strip is damaged – needs replacing
There are errors in relation to the quantum of $$ on your card
Gov’t limits your purchases/CRA liens the balance on your card
AND MANY OTHER DANGERS
CLEAR has promoted the non-use of digital currencies and credit/debit cards as much as possible, for years.
Suggested Solution:
Withdraw money on Saturday/Sunday from the bank or bank machine, and then leave your money at home if you are scared to carry it with you, and just carry the amounts of cash for each day’s purchases for the week.
NO MORE CARDS!!!! NO EXCUSES!
USE CASH $$$$$$$$$
Do you want to be the next person to be “unbanked” because of your political beliefs????
Get these cards below at the CLEAR booth to give out everytime you use cash – or print your own to hand out!
Make Business sized cards to hand out at all your cash purchases!
Senior citizen has accounts terminated by Scotiabank apparently for criticizing DEI policy
Toronto resident ‘Jane’ tells David Menzies that Scotiabank terminated her 20-year relationship with the company because she criticized its diversity, equity and inclusion policy.
Do you remember the good old days when Canada’s big banks were all about… financial services? Savings and chequeing accounts, RRSPs, mortgages, and so on?
Increasingly, these days, thanks to the virus that is “wokeness”, Canada’s big banks are actually “de-banking” certain customers. These are not deadbeat clients nor con artists. Rather, thanks to the unholy trinity of diversity, equity, and inclusion, if a bank deems a client guilty of “wrong-thought”, that customer might very well be “fired.”
This disturbing Orwellian approach to financial services surely hit a crescendo in 2022 when thousands of Canadians had their bank accounts frozen simply for making an online donation to the Freedom Convoy. It was equal parts shocking and disgraceful.
And consider our story last year, in which we drew attention to the case of Gary Duke of Grand Prairie, Alta. He was fired as a customer by his local Scotiabank branch when Gary politely asked if it was possible to remove the rainbow icon from his Scotiabank phone app given “Pride Month” had come to an end.
Those comments were not appreciated nor tolerated, and in the name of “inclusivity”, Gary had his bank accounts terminated.
Our latest example of wokeness driving bank policy is the inexplicable case regarding Toronto senior citizen “Jane” (she doesn’t want her real name used as she doesn’t want to incur further penalization from any other banks).
Earlier this year, a Scotiabank branch in west end Toronto terminated her accounts. But why? Was Jane running a financial scam? Does she have links to a terrorist organization? Hardly.
Jane suspects she was given the axe because she dared make a suggestion regarding the bank’s diversity, equity and inclusion policy. Which is to say, she suggested that the bank should include seniors in its inclusion policy, not just members of the LGBT-etc.-etc. community.
Alas, for having the temerity to make such a suggestion, Jane was sent a letter from bank manager Guy Morin telling her that the bank was terminating its relationship with her.
And get this: we can only speculate what the real reason is for this termination, given that the bank manager would not state anything tangible for Jane getting the axe.
Indeed, this is what Guy Morin stated to Jane in an email:
After careful consideration, The Bank of Nova Scotia… has decided to end our relationship with you. We understand it will take time for you to make arrangements with another financial institution, therefore we are providing you this advance notice of the date on which each of your accounts and other products/services will be closed. Our decision complies with the conditions in the agreements you have with us.
But again, the question arises: what “conditions in the agreement” did Jane breach? We reached out to the manager and Scotiabank’s media relations department and even paid a visit to the branch, but no comment was offered. Of note, even though we are firmly entrenched in the month of August, this branch still had its Pride propaganda on full display.
The censorious behaviour of Canada’s big banks is shocking albeit hardly surprising. After all, back in December 2021, the Toronto head office for the Royal Bank of Canada cancelled a mortgage for a Calgary property that Rebel News was hoping to acquire.
Please note that our company had been pre-approved for the mortgage by a Royal Bank branch in Calgary. But when it came to rubber-stamping the approval at Royal Bank HQ in Toronto, the mortgage application was denied.
The reasons for the refusal had absolutely nothing to do with the financial wellbeing of Rebel News. Rather, the woke Royal Bank head honchos apparently didn’t care for our editorial viewpoint. Unbelievable…
Lesson learned: Canada’s big banks no longer solely judge clients on their financial merits. These days, the banks want to make certain their clients are not guilty of “wrong thought.” And if you are deemed guilty of harbouring a non-woke opinion, then these big banks will think nothing of declaring you persona non grata