Canadian ‘Freedom Convoy’: TD Bank freezes accounts with $1.1M for trucker protest

Canadian ‘Freedom Convoy’: TD Bank freezes accounts with $1.1M for trucker protest

Toronto-Dominion Lender froze two particular lender accounts, just one of which provided C$1.4 million ($1.1 million), to assist “Liberty Convoy” protesters in Canada who are pushing back towards vaccine mandates and other COVID-19 processes.


The conclusion to freeze the accounts was verified by a spokesperson for the lender in a statement, according to a report from Reuters.

Vehicles of the protest convoy are seen parked on the Sir John A. Macdonald parkway leading in to downtown Ottawa on Sunday, Jan. 30, 2022.

Autos of the protest convoy are found parked on the Sir John A. Macdonald parkway foremost in to downtown Ottawa on Sunday, Jan. 30, 2022. (Adrian Wyld/The Canadian Push through AP / AP Newsroom)

The go, according to the statement, came right after TD utilized to the Ontario Superior Court docket of Justice this week about taking money sent via financial institution transfers and GoFundMe and giving them to the meant recipients or returning them to the donors “who have asked for refunds but whose entitlement to a refund can’t be determined by TD.”

The outlet described that just one bank account received C$1 million as a result of GoFundMe and the rest was despatched to a second account as a result of a assortment of lender transfers. The spokesperson mentioned TD is uncertain of where the GoFundMe payment originated.

Toronto Dominion lender sign in clear sky. The lender is the second largest and significant in the North American place. (Picture by Roberto Machado Noa/LightRocket via Getty Visuals)

In an email to Reuters, Keith Wilson, an attorney for the convoy, mentioned TD has been put “on notice that their actions are incorrect and disappointing.”

GoFundMe confronted huge criticism earlier this month right after the corporation made a decision to pause the fundraising page for the convoy just after it surpassed $10 million.

Protesters of the Independence convoy obtain near the parliament hill as truckers proceed to protest in Ottawa, Canada on February 7, 2022. (Kadri Mohamed/Anadolu Company by way of Getty Photos / Getty Visuals)

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The “Convoy” claimed that its first protest of 1,600 vehicles swelled to 36,000 more than the to start with 7 days, while the Washington Publish sites the number closer to 8,000. The bring about has drawn worldwide consideration and support, with a U.S. trucker protest maybe beginning this weekend in Los Angeles around the Super Bowl, the Division of Homeland Stability introduced.

FOX Small business could not right away achieve Toronto-Dominion Lender or authorized illustration for the convoy.