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

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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.

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

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