First Canadian bank to apologize for Freezing Canadians’ Bank Accounts

Scotiabank Apologizes for Freezing Canadians’ Bank Accounts

Scotiabank has become the first Canadian bank to apologize for freezing people’s bank accounts, specifically the account of Freedom Convoy organizer B.J. Ditcher.

“We understand you raised a concern regarding your personal accounts having a hold placed on them. Please accept our sincere apologies for the frustration and inconvenience this situation may have caused and thank you for your patience while we prepared our response,” Scotiabank wrote in an email to Ditcher that can be found on his Substack.

“We can confirm that financial institutions acted quickly to unfreeze accounts after the RCMP notified us that it believes that individuals and entities previously identified are no longer engaged in conduct or activities prohibited under the Emergency Measures Regulations.”

Scotiabank continues, stating that while they’ve unfrozen most accounts, some may remain frozen due to other legal issues.

“While most customer accounts have been unfrozen, it is important to remember that some accounts may be frozen for a variety of other reasons, including to comply with court orders or proceedings related to illegal activities or other unrelated legal matters,” Scotiabank writes.


We are primarily funded by readers. Please subscribe and donate to support us!

Wonder how much business they lost and didn’t come back.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.