TD Bank Freezes Bank Accounts Connected to ‘Freedom Convoy’ Protest

Jack Phillips
By Jack Phillips
February 14, 2022Business News
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TD Bank Freezes Bank Accounts Connected to ‘Freedom Convoy’ Protest
A long line of trucks waits on Highway 402 to cross into the United States at the Bluewater Bridge in Sarnia, Ontario, Canada, on Feb. 10, 2022. (Geoff Robins/AFP via Getty Images)

TD Bank confirmed that it has frozen the bank accounts that had $1.1 million paid to them to support the trucker-led protests in Canada.

A spokesperson for TD Bank told news outlets on Feb. 12 that the financial institution appealed to the Ontario Superior Court of Justice to obtain the funds with the intention of returning the cash to donors “who have requested refunds but whose entitlement to a refund cannot be determined by TD.”

One of the bank accounts received a lump sum of $1 million in Canadian currency via GoFundMe, while the rest—about $300,000 Canadian dollars—was sent to a second account through several bank electronic transfers, a TD spokesperson told Reuters. The TD Bank spokesperson said the bank doesn’t know where the GoFundMe payment originated.

Jay Cameron, a spokesperson for the Justice Centre for Constitutional Freedom, a group representing the protesters, told The Epoch Times on Monday that “many politicians, and media outlets, including the New York Times, Wall Street Journal, and National Post, have remarked on the peaceful nature of the protest against the authoritarian vaccination mandates.”

“There are significant questions surrounding the legal basis under which TD Bank seized donation funds and applied to transfer them into court,” Cameron said.

And Keith Wilson, an attorney for the convoy, said TD Bank was put “on notice that their actions are improper and disappointing” after the two accounts were frozen, Reuters reported.

“We are also going to be taking the Ontario government to court to seek an immediate lifting of what we consider to be an unlawful order,” he told the newswire service.

About a week before TD Bank’s decision, GoFundMe blocked donations to a fundraiser for the Canadian trucker-led Freedom Convoy and said it would return refunds. In a Feb. 7 statement, GoFundMe said that all donations were refunded and claimed to have had “multiple discussions with local law enforcement and police reports of violence and other unlawful activity,” without providing any evidence.

GoFundMe has drawn criticism for canceling fundraisers for Kyle Rittenhouse’s defense fund, lawsuits against vaccine mandates, and others. GiveSendGo, another crowdfunding website, instead took up the fundraising for the Freedom Convoy, a protest that seeks to end Canada’s vaccine mandates.

The Ontario Superior Court on Feb. 10 ordered GiveSendGo to freeze all funds that were donated via GiveSendGo. The platform wrote on Twitter that it would defy the court order.

When GoFundMe made the announcement to suspend the fundraiser, Jon Carpay, the head of Justice Centre for Constitutional Freedom, told The Epoch Times earlier in February that GoFundMe needs to make the evidence about “violence” and “unlawful activity” public.

“Normally, law enforcement is not at all shy about showing evidence to public, and that evidence would have to show that the individual is actually a member of the Freedom Convoy. It could be some agitator who is deliberately seeking to discredit the freedom convoy. So what evidence is there that this alleged criminal was even involved with the Freedom Convoy?” Carpay said.

Several spokespersons for TD Bank did not return The Epoch Times’ requests for comment. GoFundMe has not yet responded to a request for comment.

From The Epoch Times