Most bank accounts frozen under the Emergencies Act are being released, committee hears

WNews
By WNews 1 Min Read

More than 200 bank accounts worth nearly $8 million were frozen when the federal government used emergency powers to end a massive protest occupation of downtown Ottawa.

Federal officials report most of the accounts are now in the process of being released, a parliamentary committee heard Tuesday.

Isabelle Jacques, assistant deputy minister of finance, told a committee of MPs that up to 210 bank accounts holding about $7.8 million were frozen under the financial measures contained in the Emergencies Act.

“Information was shared by the RCMP with financial institutions and we were informed yesterday by financial institutions that they were unfreezing the accounts,” she said.

- Advertisement -
Share This Article
By WNews
Follow:
WNews bring the latest news in an objection, balance and honest.
Leave a comment
Reading: Most bank accounts frozen under the Emergencies Act are being released, committee hears

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required