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by lowkey 1589 days ago
It's always been the case that banks had the ability to seize funds, what is new with this Emergency Order is that banks can now seize personal funds without evidence, based purely on suspicion and without legal liability if this power is abused. Those whose assets are frozen also have no recourse through the courts or due process of any kind. The implications are chilling and are very likely to result in Canadian banks losing business and reputation/credibility.
1 comments

And then there's Civil Forfeiture here in the US that is just a legal form of highway robbery.