Several years ago I read The 12 Rules for Survival from Laurence Gonzales. The first one is: PERCEIVE AND BELIEVE. So I got the information: NO MORE BANKS IN CANADA AS OF JUNE 30, 2025. I both perceive and believe that the information is very likely to be accurate, as it is from a usually reliable source.
I heard from somewhere that once they begin using digital currency, the US government would not allow residents to use silver or gold. They would go house to house to collect it from people. What about this ?????
Thank you for the news, which is not exactly unexpected. After all, the introduction of the CBDC started over a year ago, and it includes a number of gambits:
In my experience, petitioning only allows for data collection of the "non-compliant," while it also acknowledges an illegitimate system, where governments are help captive by the globalist control of the world's money supply, and ownership/control of production and distribution.
What can save whom? That depends on the circumstances:
Because you would use it to purchase products to live, and people will be watched 24/7 ,and people talk, when they are offered money for information. It becomes like China. No place is safe and you can trust no one. Children turn in their parents because they are indoctrinated in government schools. The government becomes the primary parent of information. Think about Germany 1938 or China today. No place is safe
And I am doing it every day. It is difficult to fight the corrupt evil media. If DJT does not win in the USA, America dies. The Constitution and Bill of Rights will be shredded. I love my country so much. So many are brainwashed toward evil now. They are sheep and have no clue what will befall them with a far left Dems radical communist government. They are totally blind and ignorant . It is like watching rats follow the pide pipper to their death. May as well get under the bed. Tyranny will begin in mass. Many will die. God has warned us , but the worship of money has been too powerful for most. They have made money and Hollywood their idols. Satan laughs.
chatgpt told me this: "The provision in the Bank Act stating that banks and authorized foreign banks shall not carry on business in Canada after June 30, 2025, is not meant to indicate that all banks will shut down. Instead, it is part of a sunset provision intended to ensure regular reviews of the financial sector's functioning. The government can extend this deadline by up to six months, and the provision has been periodically renewed since 1991 to facilitate these reviews".
Of course, I have caught chatgpt lying before, so this information should be confirmed. But if it's true, sending letters to MPs just makes the so-called truther community look like dumb conspiracy theorists who don't know how to think, check facts, and discern truth from fantasy.
Today (Aug 19th), I received a reply from my credit union (BC) . Sounds to me you are correct. Quote "All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Great if it is updated, especially on a permanent basis. It has not yet been updated, to the best of my knowledge. Also, at another time, this would not worry me - but now there is the threat of cashlessness.
All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Hi Charlate. Confirming your comment. Received reply today, August 19th from my credit union in BC. QUOTE: All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Seems to be sunset clause that is updated every five years. The first I learned about it, I thought it meant the end of banking. But when I looked into it more closely, it does not. However banking in Canada is changing. I'm not a banker, merely a Canadian who wants to know what the heck, as do you, with a cashless society possible. Canada is planning an open banking system. If you are interested, I can pass along my notes.
And please share with us if possible. Senator Stanley Kutcher replied to my email. I sent him the link to the Sunset Clause. He then replied "Suggest you check out the veracity of your source and maybe speak with bankers. ". Which I already did send an email to my credit union on the same day that I sent to all Senators (Aug 16th). And his reply: "Keep Researching ". What's his role as a senator in this query?
He seems an ardent anti-truther. I had a better response from 2 aides to 2 MPs:
1)
Thank you for contacting our office regarding this important matter.
We have no intention to remove the use of cash and in Budget 2024, the government proposed to introduce legislative amendments to the Bank Act, the Insurance Companies Act, and the Trust and Loan Companies Act (the Financial Institutions Statutes) to extend the sunset date (beyond which the financial institutions can no longer carry on business) to June 30, 2026, from the current date of June 30, 2025. The sun setter clause in general is in place to ensure periodic updates to the Act.
Thank you again for your advocacy on this issue.
Sincerely,
aide to Terry Beech
2)
I hope you are well.
Thank you for contacting the Office of the Honourable Karina Gould, Member of Parliament for Burlington.
I appreciate you reaching out to share your concerns about Canada’s banking system.
Federal laws governing financial institutions contain sunset provisions mandating the renewal of banking and insurance legislation by Parliament at least every five years.
This provides an opportunity to examine the legislative and regulatory framework in light of emerging trends and developments, to ensure it remains robust and technically sound.
The Bank Act was originally passed in 1871, and has been regularly reviewed by Parliament since then to be sure that Canada’s regulatory regime for financial institutions remains modern.
Budget 2024 has already provided the Bank Act’s extension. Page 411 states that:
“In Budget 2024, the government proposes to introduce legislative amendments to the Bank Act, the Insurance Companies Act, and the Trust and Loan Companies Act (the Financial Institutions Statutes) to extend the sunset date (beyond which the financial institutions
can no longer carry on business) to June 30, 2026, from the current date of June 30, 2025.”
To read Budget 2024 in full, please access it here:
Even if Govt proposals do not lead to the end of all banks, Govt is testing the waters to see peoples' reactions to digital banking, so yes it is a good thing to write to MPs one's fears how digital will lead to a cashless society which will have a huge impact on those who of the lower middle-working classes are heavily reliant on cash, those without bank accounts, the eldererly, the vulnerable, the disabled etc. No reason why both systems ie digital banking and cash and personal banking cannot exist concurrently. Let's hope these proposals do not come to pass.
I completely agree: "Even if Govt proposals do not lead to the end of all banks, Govt is testing the waters to see peoples' reactions to digital banking, so yes it is a good thing to write to MPs one's fears how digital will lead to a cashless society ..." Also of course: "No reason why both systems ie digital banking and cash and personal banking cannot exist concurrently." Actually there is a reason: the government is not eager to have us have freedom.
Michael: Just want to share with you the reply I received from my credit union in BC. QUOTE " All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Reiterating for the sake of newbies and to support this post.
I have a landline and a wired laptop and a wired monitor screen, all the tech anyone should ever want or need. I never had and refuse to ever have one of those infernal mobile devices that are designed to enslave you.
THEY want you dead or a slave every which way from Sunday and AI, wireless gadgets and 5G/6G are major components in THEIR arsenal.
NO CASH IS TOTAL SLAVERY!!!
How to fight back against this TOTAL SLAVERY!
RESIST! DO NOT COMPLY! DITCH THE DAMNED 'SMART' PHONES AND THE DAMNED QR CODES AND GO BACK TO LANDLINES OR FLIP PHONES AND USE CASH AS MUCH AS POSSIBLE! INSIST ON CASH! CBDC IS TOTAL SLAVERY!
A vast majority of so-called leaders and Public 'Serpents' around the world have been bribed, blackmailed/coerced into serving the interests of their technocratic New World Ordure parasite masters and not We the People.
GREED is behind every evil assailing us in the world!
We the People must try harder to live by The Golden Rule, doing so would solve most problems!
Everything is much worse and certainly including 'deaths of despair', all by malicious calculated design.
The demonic despots of Davos at it again! They are behind everything bad! At it for decades and cronies like The Rothschilds and the Black Nobility and The Khazarian Mafia have been plotting planetary domination for centuries! ALL BECAUSE OF AVARICE!
Apoplectic livid rage hardly describes the intensity of emotions I have had and am having over what these malignant parasites are perpetrating!
There is no noxious crime that the evildoers desiring to lord it over us won't commit to maintain their stranglehold on power. A groundswell critical mass resistance to their murderous enslavement plans is needed urgently!
THEY can't get rid of the 'useless eaters' fast enough! Mistakes were not made, it was always malice aforethought.
CLIMATE CHANGE IS AN EVEN WORSE FRAUD THAN THE PLANSCAMDEMIC! SO-CALLED GREEN TECH IS A GIGANTIC SCAM! MINING AND MANUFACTURING 'GREEN' PRODUCTS NEEDS COAL, GAS AND OIL AND MINING RARE MINERALS IS MORE ENVIRONMENTALLY TOXIC AND DESTRUCTIVE THAN LEGACY PRODUCTS. SCREW YOUR DAMNED AGENDA! https://climateviewer.com
Migrant/Entrant Invasion/Infrastructure Attacks - all part of the destructive plot to achieve total slavery!
Too many 'sheeple' are brainwashed to blindly obey authority figures on the media or in daily life in corrupt system ruled by control freak psychopaths who use propaganda lies to enslave their subjects and they are dumbed down to be obedient by 'education' institutions. Fortunately I was raised to question everything. This transcends party lines. We need a system that punishes psychopaths and rewards compassion and sharing, we need a system that actually follows The Constitution in reality.
I DO NOT COMPLY! NEVER HAVE, NEVER WILL!
My loathing of AI and all things NANO and digital knows no bounds!
There is no noxious crime that the evildoers desiring to lord it over us won't commit to maintain their stranglehold on power. A groundswell critical mass resistance to their murderous enslavement plans is needed urgently!
Kudos to ELSA's heroic efforts and success in the struggle. We the People must always be aware of the existential threats lurking behind this fight!
There is a fate worse than death - I would rather die than be a robotized slave of technocratic overlords! This is my hill to die on!
How I stick my thumb in the eyes of the grotesque billionaire bastards pushing their enslavement agenda and how I embrace being fully human.
Fighting the globalist predator technocrat psychopath megalomaniac TOTAL SLAVERY AGENDA one performance at a time!
Amazing Amy: Eccentric Yoga Entertainer!
As an entertainer, I have been devastated and practically destroyed by the closure of all performance venues and then when they reopened, because MY BODY, MY CHOICE - being made a total untermenschen pariah outcast in NAZI NIGHTMARE LAWLESS 'SHOW ME YOUR PAPERS' JAB CROW APARTHEID/DISCRIMINATION/SEGREGATION HELL NYC WHERE THE MAD/DRUNK WITH POWER TYRANT POLS DOUBLE DOWN ON THEIR ILLEGAL MANDATES. I am trapped here with zero financial resources to leave or do anything else about this 'wish I were dead' endless misery life has become. The tragic irony is that my SPREAD THE YOGA LOVE performances are all about health, miraculously overcoming age (69) and injury to achieve feats of flexibility few can attain at any age. So BIG PHARMA who wants to addict every person on the planet to their toxic products hate people like me who prove that we do not need them if we eat healthy organic food and exercise daily!
I try and live and embody the creative performing artistic world and life I so fervently want existence to be about.
They can stick their f*cking damned NANO, Digital IDs, AI, jabs and chips up their asses where the sun don't shine!
All manner of lies and propaganda spew forth from the upper echelons in governments worldwide who are completely intertwined with the global criminal ruling class that wants to commit the worst atrocities imaginable and suffer no consequences. And their corruption slithers down the chain of command creating petty tyrants everywhere.
Supporting this excellent post with a statement and useful links. https://virustruth.net
We the People are facing HORRIFYING TECHNOCRATIC PSYCHOPATHY TO DESTROY HUMANITY AND ALL NATURAL LIFE!
It was NEVER about health! The Powers That Should Not Be were ALWAYS about they want you DEAD or a SLAVE! This is a painful truth to accept but we the people must wake up and fight back!
We must never lose sight of the larger picture of the vile malignance we are fighting against.
CLIMATE CHANGE IS AN EVEN WORSE FRAUD THAN THE PLANSCAMDEMIC! SO-CALLED GREEN TECH IS A GIGANTIC SCAM! MINING AND MANUFACTURING 'GREEN' PRODUCTS NEEDS COAL, GAS AND OIL AND MINING RARE MINERALS IS MORE ENVIRONMENTALLY TOXIC AND DESTRUCTIVE THAN LEGACY PRODUCTS. SCREW YOUR DAMNED AGENDA!
There is an insidious global ruling class plot to enslave all life on earth behind all the madness and suffering inflicted on We the People.
Other than getting rid of nuclear weapons which I support 100% the rest of the anti-nuclear peace movement and CLIMATE CRISIS propaganda is parroting UN utter GARBAGE, a complete surrender to the ENSLAVEMENT AGENDA by the diabolical despots of Davos - ruling class criminals who lust for total power and control and all of whom should be tried and jailed for life and their malign organizations dismantled: the UN, the WEF, the IMF, the WHO, the BIS, NATO, Blackrock, Vanguard, The Rockefellers, the Rothschilds, The Bilderbergers, the CFR et al.
There is an evil predator globalist technocratic elite agenda of eugenics/depopulation/genocide using bioweapon poison jabs, war, geoengineering, EMF radiation, starvation and economic collapse - THE GREAT RESET/AGENDA 2030/4TH INDUSTRIAL REVOLUTION to get rid of billions of 'useless eaters' and to use nano tech to turn the survivors into ROBOTIZED COMPLIANT SLAVES! WAKE UP AND RESIST! DO NOT COMPLY! These are psychopath megalomaniacs who want to play god by turning all life into digitized metaverse mechanistic synthetic biology to be manipulated by their AI algorithms. A more demonic sickening idea is nearly impossible to imagine!
APPALLED AND HORRIFIED AT INSANE TYRANNICAL PROTOCOLS THAT HAVE NOTHING TO DO WITH HEALTH AND EVERYTHING TO DO WITH TOTALITARIAN CONTROL! REVERSE THIS NOW!
MAKE THE WORLD AND AMERICA 2019 (comparatively speaking), AND FREE AGAIN!
NO, I AM NOT AFRAID OF THE MORONIC SCARIANT SHMARIANT MONKEYSHINES! WAKE UP ALREADY!
TOTALLY CONDEMN BIDEN AND ALL OTHER POLS WHO HAVE NO POWER TO LAWLESSLY ACT LIKE AN EMPEROR OR DICTATOR AND DECREE JAB CROW 'SHOW ME YOUR PAPERS' FASCIST SEGREGATION/DISCRIMINATION/APARTHEID VIOLATIONS OF THE CONSTITUTION, THE NUREMBERG CODES AND EVERY CIVIL RIGHT IMAGINABLE.
NO GREEN NEW DEALS OR BUILD BACK BETTER FROM THE CRIMINAL TECHNOCRAT TYRANTS KLAUS SCHWAB AND HIS CRONIES FROM THE WORLD ECONOMIC FORUM.
STOP THE TERRIBLE TYRANNY OF THE TECHNOCRATS GLOBAL AGENDA OF TOTAL SURVEILLANCE AND CONTROL USING THE VIRUS AS EXCUSE AND PROPAGANDA TOOL!
NO MUZZLING STIFLING MASK MANDATES! NO FORCED VACCINES! END TORTUROUS DEVASTATING LOCK DOWNS NOW! I WANT MY LIFE BACK.
Amy: I received a reply from my credit union in BC. They also wrote that they will never go cashless & (quote) "All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. " End Quote
Thank you for this vital information, Elsa. I used your draft and sent to my MP. I will definitely be homeless if this goes through. No wonder why Canada's Euthanasia Law (MAID) was approved in June 2016.
Thank you for writing to your MP. Euthanasia - now I believe the 5th leading cause of death in Canada!!! And yes: "No wonder why Canada's Euthanasia Law (MAID) was approved in June 2016."
2nd: Fight back with weapons. Storing silver coins? Coins are not longer silver, nickel or gold. They are cheap metals. Food for 2 years? Water? Get real! Fighting back with weapons is the only way. 88&8's,Dave
hola, elsa! this is great and i really appreciate the work. you have taken my intended course of action and made it so much easier for me: write all the mps. i would like to also include the mlas. do you have easy access to their email address.
history note: this is exactly what i did when i discovered in the fall of 2021 how many people had been hurt and killed by the convid injection – via vaars and the eu-dara. and i got exactly **zero** replies to the ~700 people i sent a calm risk-benefits analysis with links to the rejected science. it was the total silence that made me aware that i was now a marked person and that was the exact moment i actually felt fear for the first time during the convid: i became truly afraid to live in canada and subsequently became a refugee from canada in early 2022.
question 1: did you use an ai to collect the email addresses? back in 2021 i did it manually and it was quite a lot of work. if so, what about using it for the mlas, too? (i'm being a bit lazy since i've not actually used an ai yet for anything.)
and a more speculative question. what are your thoughts, if you have any, on why was that passed in 1991? i have some thoughts in part because even at the time i thought that pm mulroney was in power to dismantle canada with the other more overt actions he took 'on our behalf'.
i took a look at action4canada. unfortunately the mla lists are not complete for all the provinces/territories. most of the provinces and territories still need to be data mined still to get the individual mla addresses. hmmm. but this is far ahead of what I did in 2021. (maybe ai? i'll see how my intuition goes with that. this is the kind of repetitive task they are perfect for.
and i didn't find it in preventgenocide. (might be male pattern blindness.)
all the best with our efforts! amazing times. huge opportunities and challenges and threats. amazing.
I received a reply to Elsa's concern today (Aug 19th) from my Credit Union in BC : Quote All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. End Quote
Thank you for posting this response. A very good, thorough response. I also had responses from a couple of the MP's - in addition to what you heard, that the Bank Act deadline has been extended to 2026.
I heard from somewhere that once they begin using digital currency, the US government would not allow residents to use silver or gold. They would go house to house to collect it from people. What about this ?????
How would the gov't know you would have sliver or gold?
Agreed.
They will not want our freedom - all the mote important to put a stop to this.
Thank you for the news, which is not exactly unexpected. After all, the introduction of the CBDC started over a year ago, and it includes a number of gambits:
https://rayhorvaththesource.substack.com/p/the-final-stage-to-a-one-world-government
In my experience, petitioning only allows for data collection of the "non-compliant," while it also acknowledges an illegitimate system, where governments are help captive by the globalist control of the world's money supply, and ownership/control of production and distribution.
What can save whom? That depends on the circumstances:
https://rayhorvaththesource.substack.com/p/what-can-save-whom
Because you would use it to purchase products to live, and people will be watched 24/7 ,and people talk, when they are offered money for information. It becomes like China. No place is safe and you can trust no one. Children turn in their parents because they are indoctrinated in government schools. The government becomes the primary parent of information. Think about Germany 1938 or China today. No place is safe
A good reason to do what we can.
And I am doing it every day. It is difficult to fight the corrupt evil media. If DJT does not win in the USA, America dies. The Constitution and Bill of Rights will be shredded. I love my country so much. So many are brainwashed toward evil now. They are sheep and have no clue what will befall them with a far left Dems radical communist government. They are totally blind and ignorant . It is like watching rats follow the pide pipper to their death. May as well get under the bed. Tyranny will begin in mass. Many will die. God has warned us , but the worship of money has been too powerful for most. They have made money and Hollywood their idols. Satan laughs.
Well said. We just need to stay strong, and place our trust in God to see us through the coming NWO Globalist dystopian tyranny.
chatgpt told me this: "The provision in the Bank Act stating that banks and authorized foreign banks shall not carry on business in Canada after June 30, 2025, is not meant to indicate that all banks will shut down. Instead, it is part of a sunset provision intended to ensure regular reviews of the financial sector's functioning. The government can extend this deadline by up to six months, and the provision has been periodically renewed since 1991 to facilitate these reviews".
Of course, I have caught chatgpt lying before, so this information should be confirmed. But if it's true, sending letters to MPs just makes the so-called truther community look like dumb conspiracy theorists who don't know how to think, check facts, and discern truth from fantasy.
Today (Aug 19th), I received a reply from my credit union (BC) . Sounds to me you are correct. Quote "All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Great to get a confirmation that chatgpt is not lying this time.
The bank is not being dissolved, as it has a renewal clause that is always updated.
Great if it is updated, especially on a permanent basis. It has not yet been updated, to the best of my knowledge. Also, at another time, this would not worry me - but now there is the threat of cashlessness.
From my credit union in BC (August 19th). QUOTE
All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Hi Charlate. Confirming your comment. Received reply today, August 19th from my credit union in BC. QUOTE: All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Thanks, that is also my understanding,
Seems to be sunset clause that is updated every five years. The first I learned about it, I thought it meant the end of banking. But when I looked into it more closely, it does not. However banking in Canada is changing. I'm not a banker, merely a Canadian who wants to know what the heck, as do you, with a cashless society possible. Canada is planning an open banking system. If you are interested, I can pass along my notes.
Yes, please. You can pass them here, or email them to truthsummit@substack.com
And please share with us if possible. Senator Stanley Kutcher replied to my email. I sent him the link to the Sunset Clause. He then replied "Suggest you check out the veracity of your source and maybe speak with bankers. ". Which I already did send an email to my credit union on the same day that I sent to all Senators (Aug 16th). And his reply: "Keep Researching ". What's his role as a senator in this query?
He seems an ardent anti-truther. I had a better response from 2 aides to 2 MPs:
1)
Thank you for contacting our office regarding this important matter.
We have no intention to remove the use of cash and in Budget 2024, the government proposed to introduce legislative amendments to the Bank Act, the Insurance Companies Act, and the Trust and Loan Companies Act (the Financial Institutions Statutes) to extend the sunset date (beyond which the financial institutions can no longer carry on business) to June 30, 2026, from the current date of June 30, 2025. The sun setter clause in general is in place to ensure periodic updates to the Act.
Thank you again for your advocacy on this issue.
Sincerely,
aide to Terry Beech
2)
I hope you are well.
Thank you for contacting the Office of the Honourable Karina Gould, Member of Parliament for Burlington.
I appreciate you reaching out to share your concerns about Canada’s banking system.
Federal laws governing financial institutions contain sunset provisions mandating the renewal of banking and insurance legislation by Parliament at least every five years.
This provides an opportunity to examine the legislative and regulatory framework in light of emerging trends and developments, to ensure it remains robust and technically sound.
The Bank Act was originally passed in 1871, and has been regularly reviewed by Parliament since then to be sure that Canada’s regulatory regime for financial institutions remains modern.
Budget 2024 has already provided the Bank Act’s extension. Page 411 states that:
“In Budget 2024, the government proposes to introduce legislative amendments to the Bank Act, the Insurance Companies Act, and the Trust and Loan Companies Act (the Financial Institutions Statutes) to extend the sunset date (beyond which the financial institutions
can no longer carry on business) to June 30, 2026, from the current date of June 30, 2025.”
To read Budget 2024 in full, please access it here:
https://budget.canada.ca/2024/report-rapport/budget-2024.pdf
Once again, thank you for taking the time to contact our office. Please continue to do so on the issues that matter most to you.
Sincerely,
Justin Weir
Constituency Assistant to the Honourable Karina Gould, Member of Parliament for Burlington.
Even if Govt proposals do not lead to the end of all banks, Govt is testing the waters to see peoples' reactions to digital banking, so yes it is a good thing to write to MPs one's fears how digital will lead to a cashless society which will have a huge impact on those who of the lower middle-working classes are heavily reliant on cash, those without bank accounts, the eldererly, the vulnerable, the disabled etc. No reason why both systems ie digital banking and cash and personal banking cannot exist concurrently. Let's hope these proposals do not come to pass.
I completely agree: "Even if Govt proposals do not lead to the end of all banks, Govt is testing the waters to see peoples' reactions to digital banking, so yes it is a good thing to write to MPs one's fears how digital will lead to a cashless society ..." Also of course: "No reason why both systems ie digital banking and cash and personal banking cannot exist concurrently." Actually there is a reason: the government is not eager to have us have freedom.
Just sent one off to max
Super!!!
I also sent one to Max! (August 16th).
Let me know if you get a response please
Michael: Just want to share with you the reply I received from my credit union in BC. QUOTE " All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. END QUOTE
Reiterating for the sake of newbies and to support this post.
I have a landline and a wired laptop and a wired monitor screen, all the tech anyone should ever want or need. I never had and refuse to ever have one of those infernal mobile devices that are designed to enslave you.
THEY want you dead or a slave every which way from Sunday and AI, wireless gadgets and 5G/6G are major components in THEIR arsenal.
NO CASH IS TOTAL SLAVERY!!!
How to fight back against this TOTAL SLAVERY!
RESIST! DO NOT COMPLY! DITCH THE DAMNED 'SMART' PHONES AND THE DAMNED QR CODES AND GO BACK TO LANDLINES OR FLIP PHONES AND USE CASH AS MUCH AS POSSIBLE! INSIST ON CASH! CBDC IS TOTAL SLAVERY!
A vast majority of so-called leaders and Public 'Serpents' around the world have been bribed, blackmailed/coerced into serving the interests of their technocratic New World Ordure parasite masters and not We the People.
GREED is behind every evil assailing us in the world!
We the People must try harder to live by The Golden Rule, doing so would solve most problems!
Everything is much worse and certainly including 'deaths of despair', all by malicious calculated design.
The demonic despots of Davos at it again! They are behind everything bad! At it for decades and cronies like The Rothschilds and the Black Nobility and The Khazarian Mafia have been plotting planetary domination for centuries! ALL BECAUSE OF AVARICE!
Apoplectic livid rage hardly describes the intensity of emotions I have had and am having over what these malignant parasites are perpetrating!
There is no noxious crime that the evildoers desiring to lord it over us won't commit to maintain their stranglehold on power. A groundswell critical mass resistance to their murderous enslavement plans is needed urgently!
THEY can't get rid of the 'useless eaters' fast enough! Mistakes were not made, it was always malice aforethought.
CLIMATE CHANGE IS AN EVEN WORSE FRAUD THAN THE PLANSCAMDEMIC! SO-CALLED GREEN TECH IS A GIGANTIC SCAM! MINING AND MANUFACTURING 'GREEN' PRODUCTS NEEDS COAL, GAS AND OIL AND MINING RARE MINERALS IS MORE ENVIRONMENTALLY TOXIC AND DESTRUCTIVE THAN LEGACY PRODUCTS. SCREW YOUR DAMNED AGENDA! https://climateviewer.com
Migrant/Entrant Invasion/Infrastructure Attacks - all part of the destructive plot to achieve total slavery!
Too many 'sheeple' are brainwashed to blindly obey authority figures on the media or in daily life in corrupt system ruled by control freak psychopaths who use propaganda lies to enslave their subjects and they are dumbed down to be obedient by 'education' institutions. Fortunately I was raised to question everything. This transcends party lines. We need a system that punishes psychopaths and rewards compassion and sharing, we need a system that actually follows The Constitution in reality.
I DO NOT COMPLY! NEVER HAVE, NEVER WILL!
My loathing of AI and all things NANO and digital knows no bounds!
There is no noxious crime that the evildoers desiring to lord it over us won't commit to maintain their stranglehold on power. A groundswell critical mass resistance to their murderous enslavement plans is needed urgently!
Kudos to ELSA's heroic efforts and success in the struggle. We the People must always be aware of the existential threats lurking behind this fight!
There is a fate worse than death - I would rather die than be a robotized slave of technocratic overlords! This is my hill to die on!
How I stick my thumb in the eyes of the grotesque billionaire bastards pushing their enslavement agenda and how I embrace being fully human.
Fighting the globalist predator technocrat psychopath megalomaniac TOTAL SLAVERY AGENDA one performance at a time!
Amazing Amy: Eccentric Yoga Entertainer!
As an entertainer, I have been devastated and practically destroyed by the closure of all performance venues and then when they reopened, because MY BODY, MY CHOICE - being made a total untermenschen pariah outcast in NAZI NIGHTMARE LAWLESS 'SHOW ME YOUR PAPERS' JAB CROW APARTHEID/DISCRIMINATION/SEGREGATION HELL NYC WHERE THE MAD/DRUNK WITH POWER TYRANT POLS DOUBLE DOWN ON THEIR ILLEGAL MANDATES. I am trapped here with zero financial resources to leave or do anything else about this 'wish I were dead' endless misery life has become. The tragic irony is that my SPREAD THE YOGA LOVE performances are all about health, miraculously overcoming age (69) and injury to achieve feats of flexibility few can attain at any age. So BIG PHARMA who wants to addict every person on the planet to their toxic products hate people like me who prove that we do not need them if we eat healthy organic food and exercise daily!
https://www.reverbnation.com/artist/amazingamycontortionistuniqueyogadancer
I try and live and embody the creative performing artistic world and life I so fervently want existence to be about.
They can stick their f*cking damned NANO, Digital IDs, AI, jabs and chips up their asses where the sun don't shine!
All manner of lies and propaganda spew forth from the upper echelons in governments worldwide who are completely intertwined with the global criminal ruling class that wants to commit the worst atrocities imaginable and suffer no consequences. And their corruption slithers down the chain of command creating petty tyrants everywhere.
Supporting this excellent post with a statement and useful links. https://virustruth.net
We the People are facing HORRIFYING TECHNOCRATIC PSYCHOPATHY TO DESTROY HUMANITY AND ALL NATURAL LIFE!
It was NEVER about health! The Powers That Should Not Be were ALWAYS about they want you DEAD or a SLAVE! This is a painful truth to accept but we the people must wake up and fight back!
We must never lose sight of the larger picture of the vile malignance we are fighting against.
CLIMATE CHANGE IS AN EVEN WORSE FRAUD THAN THE PLANSCAMDEMIC! SO-CALLED GREEN TECH IS A GIGANTIC SCAM! MINING AND MANUFACTURING 'GREEN' PRODUCTS NEEDS COAL, GAS AND OIL AND MINING RARE MINERALS IS MORE ENVIRONMENTALLY TOXIC AND DESTRUCTIVE THAN LEGACY PRODUCTS. SCREW YOUR DAMNED AGENDA!
There is an insidious global ruling class plot to enslave all life on earth behind all the madness and suffering inflicted on We the People.
Other than getting rid of nuclear weapons which I support 100% the rest of the anti-nuclear peace movement and CLIMATE CRISIS propaganda is parroting UN utter GARBAGE, a complete surrender to the ENSLAVEMENT AGENDA by the diabolical despots of Davos - ruling class criminals who lust for total power and control and all of whom should be tried and jailed for life and their malign organizations dismantled: the UN, the WEF, the IMF, the WHO, the BIS, NATO, Blackrock, Vanguard, The Rockefellers, the Rothschilds, The Bilderbergers, the CFR et al.
There is an evil predator globalist technocratic elite agenda of eugenics/depopulation/genocide using bioweapon poison jabs, war, geoengineering, EMF radiation, starvation and economic collapse - THE GREAT RESET/AGENDA 2030/4TH INDUSTRIAL REVOLUTION to get rid of billions of 'useless eaters' and to use nano tech to turn the survivors into ROBOTIZED COMPLIANT SLAVES! WAKE UP AND RESIST! DO NOT COMPLY! These are psychopath megalomaniacs who want to play god by turning all life into digitized metaverse mechanistic synthetic biology to be manipulated by their AI algorithms. A more demonic sickening idea is nearly impossible to imagine!
APPALLED AND HORRIFIED AT INSANE TYRANNICAL PROTOCOLS THAT HAVE NOTHING TO DO WITH HEALTH AND EVERYTHING TO DO WITH TOTALITARIAN CONTROL! REVERSE THIS NOW!
MAKE THE WORLD AND AMERICA 2019 (comparatively speaking), AND FREE AGAIN!
NO, I AM NOT AFRAID OF THE MORONIC SCARIANT SHMARIANT MONKEYSHINES! WAKE UP ALREADY!
TOTALLY CONDEMN BIDEN AND ALL OTHER POLS WHO HAVE NO POWER TO LAWLESSLY ACT LIKE AN EMPEROR OR DICTATOR AND DECREE JAB CROW 'SHOW ME YOUR PAPERS' FASCIST SEGREGATION/DISCRIMINATION/APARTHEID VIOLATIONS OF THE CONSTITUTION, THE NUREMBERG CODES AND EVERY CIVIL RIGHT IMAGINABLE.
NO GREEN NEW DEALS OR BUILD BACK BETTER FROM THE CRIMINAL TECHNOCRAT TYRANTS KLAUS SCHWAB AND HIS CRONIES FROM THE WORLD ECONOMIC FORUM.
STOP THE TERRIBLE TYRANNY OF THE TECHNOCRATS GLOBAL AGENDA OF TOTAL SURVEILLANCE AND CONTROL USING THE VIRUS AS EXCUSE AND PROPAGANDA TOOL!
NO MUZZLING STIFLING MASK MANDATES! NO FORCED VACCINES! END TORTUROUS DEVASTATING LOCK DOWNS NOW! I WANT MY LIFE BACK.
https://wrenchinthegears.com
https://www.stopworldcontrol.com/
https://www.thelastamericanvagabond.com
https://pandemicfacts.info
https://wearehumanwearefree.org/7-days-campaign/
https://sonsoflibertymedia.com/covid-19-roadmap-12-step-plan-to-create-a-totalitarian-new-world-order-were-on-number-8-headed-towards-number-9/
https://questioningcovid.com
https://www.corbettreport.com/interview-1581-james-corbett-breaks-down-the-great-reset/
http://www.stopcp.com/GlobalResetPSYOP/GlobalResetPSYOPMindMap.html
https://everydayconcerned.net/2020/09/04/breaking-major-investigative-report-by-association-of-french-reserve-army-officers-finds-covid-19-pandemic-to-have-a-hidden-agenda-for-global-totalitarianism-nanotech-chipping-of-all-5g-irradia/
Pam Popper: https://makeamericansfreeagain.com
Del Bigtree: https://www.brighteon.com/channels/highwire
https://www.technocracy.news
Naomi Wolf: https://dailyclout.io
www.nojabforme.info
https://www.globalresearch.ca/we-must-awaken-from-corona-coma-reject-great-reset-robotic-technocracy-assert-common-humanity/5745213
Amy: I received a reply from my credit union in BC. They also wrote that they will never go cashless & (quote) "All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. " End Quote
Thank you for this vital information, Elsa. I used your draft and sent to my MP. I will definitely be homeless if this goes through. No wonder why Canada's Euthanasia Law (MAID) was approved in June 2016.
Thank you for writing to your MP. Euthanasia - now I believe the 5th leading cause of death in Canada!!! And yes: "No wonder why Canada's Euthanasia Law (MAID) was approved in June 2016."
I also sent msg to all Senators as well as to my credit union. Senator Stanley Kutcher replied. (See my reply to another post here.) Be Well.
1st: RESIST
2nd: Fight back with weapons. Storing silver coins? Coins are not longer silver, nickel or gold. They are cheap metals. Food for 2 years? Water? Get real! Fighting back with weapons is the only way. 88&8's,Dave
Fighting for fairness, transparency & an end to corruption from our so-called “leaders” & their masters.
hola, elsa! this is great and i really appreciate the work. you have taken my intended course of action and made it so much easier for me: write all the mps. i would like to also include the mlas. do you have easy access to their email address.
history note: this is exactly what i did when i discovered in the fall of 2021 how many people had been hurt and killed by the convid injection – via vaars and the eu-dara. and i got exactly **zero** replies to the ~700 people i sent a calm risk-benefits analysis with links to the rejected science. it was the total silence that made me aware that i was now a marked person and that was the exact moment i actually felt fear for the first time during the convid: i became truly afraid to live in canada and subsequently became a refugee from canada in early 2022.
question 1: did you use an ai to collect the email addresses? back in 2021 i did it manually and it was quite a lot of work. if so, what about using it for the mlas, too? (i'm being a bit lazy since i've not actually used an ai yet for anything.)
and a more speculative question. what are your thoughts, if you have any, on why was that passed in 1991? i have some thoughts in part because even at the time i thought that pm mulroney was in power to dismantle canada with the other more overt actions he took 'on our behalf'.
Congratulations on all you've done!!
As for the lists, Rima Laibow has a friend who did the lists. The individual addresses are on her site: PreventGenocide2030.com
Then, you can find everything on action4canada. The lists are regularly updated:
https://action4canada.com/senators/
https://action4canada.com/mp-lists/
https://action4canada.com/premiers/
https://action4canada.com/provincial-territorial-health-officers/
Probably there is also an MLA list.
I did a list in 2017, when the government site had everything convenient.
https://elsasblog.com/170212-write-to-canadian-mps.html
When I updated in 2019, there was no more easy downloading of a whole group! Arghh.
bueno, elsa;
i took a look at action4canada. unfortunately the mla lists are not complete for all the provinces/territories. most of the provinces and territories still need to be data mined still to get the individual mla addresses. hmmm. but this is far ahead of what I did in 2021. (maybe ai? i'll see how my intuition goes with that. this is the kind of repetitive task they are perfect for.
and i didn't find it in preventgenocide. (might be male pattern blindness.)
all the best with our efforts! amazing times. huge opportunities and challenges and threats. amazing.
GREAT YOU ARE LOOKING. OBVIOUSLY MUCH MORE TO DO!!!
Thank you Elsa for making it so easy for us to rake action.
Thank you, Gord, for taking action!
Sent to all of the wef puppets
I received a reply to Elsa's concern today (Aug 19th) from my Credit Union in BC : Quote All financial institutions such as credit unions, banks, and insurance companies, governments are required to review the legislation regulating them, such as the Bank Act, every number of years. Canada’s Bank Act, which does not apply to Vancity, ensures the federal government is forced to conduct such a review by setting a 5-year deadline after which regulated banks’ licenses to operate will no longer be in effect, and this is currently the June 30 2025 deadline you mentioned. This mechanism has been part of the Bank Act for decades and the expiry date has never come into effect, as governments have always either met the review deadline, or extended that deadline through an act of parliament.
In addition, the Bank Act only applies to banks and credit unions that operate nationally. Vancity, and most other credit unions in Canada, are provincially regulated, meaning that Vancity operates under the laws, regulations and guidelines of British Columbia and we are not affected by the Bank Act. End Quote
Thank you for posting this response. A very good, thorough response. I also had responses from a couple of the MP's - in addition to what you heard, that the Bank Act deadline has been extended to 2026.