Justin Trudeau lifts Emergencies Act days after invoking it – Canadians wiped out the banks

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By Tonda MacCharles, Ottawa Bureau

Canada’s prime minister Justin Trudeau said Wednesday he is lifting the declaration of a public order emergency 10 days after he invoked never-before-used extraordinary powers to end border blockades and the occupation of downtown Ottawa by so-called “Freedom Convoy” protesters.

Trudeau told a news conference that invoking the law and extraordinary police powers had been “the responsible and necessary thing to do.”

He said it was a “turning point” in ending the risks to trade and public safety.

“People were being harassed, small businesses closing, factories were shutting down, trade was halted at our border, here in Ottawa and in other places in the country.”

Shorty after Trudeau’s announcement, Premier Doug Ford moved quickly as well to end Ontario’s state of emergency.

“In alignment with the federal government, Ontario will be terminating its declaration of a state of emergency as of 5 p.m. today. The emergency tools provided to law enforcement will be maintained at this time as police continue to address ongoing activity on the ground,” Ford said in a statement issued by his office.

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Elsewhere, Armstrong Economics says…:Based upon reliable sources, Trudeau has been forced to abandon his Emergency Act as a staggering amount of money has fled Canadian banks. Canadians have moved accounts to the United States by the tens of thousands following Trudeau’s freezing bank accounts without a court order which has even included credit cards. Canadians began withdrawing all of their money from their bank accounts with most turning to cash, others to gold, and some to BitCoin. The demand for US dollars more than tripled in the past week.

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