The Department of Finance relied on the financial institutions’ “good faith” in the freezing of accounts of individuals participating or supporting the Freedom Convoy this winter and did not verify if the measure was being applied properly, Isabelle Jacques, assistant deputy minister of finance, told the Special Joint Committee on the Declaration of Emergency (DEDC) on May 3.
“Who was monitoring the financial institutions to know if the seizures were justified or not?” Bloc Québécois MP Rhéal Fortin asked Jacques.
“There is no verification that was done. Financial institutions acted in good faith,” said Jacques.
“Why are you sure of that?” replied Fortin, “You didn’t think it was important?”
…