Juno News - May 11, 2023


CBDCs： This is THE END of Freedom in Canada


Episode Stats

Length

14 minutes

Words per Minute

168.50676

Word Count

2,442

Sentence Count

145

Misogynist Sentences

1

Hate Speech Sentences

3


Summary


Transcript

00:00:00.000 Canadians would be hard-pressed to think of two more consequential freedoms in their day-to-day
00:00:11.340 lives than freedom of speech, which no longer exists in Canada, and the right to freely transact,
00:00:16.500 to spend your own money where, how, and when you choose. As Canada's censorship minister Juan Pablo
00:00:22.680 Rodriguez works with Justin Trudeau to strip away that freedom of speech, Christia Freeland,
00:00:27.240 that great beacon of financial liberty, is working hand-in-glove with Canada's central bank
00:00:39.680 to hammer home the final nail in the coffin of Canadian freedom, the introduction of a central
00:00:45.320 bank digital currency. There is no reason to mince words. The introduction of a CBDC would
00:00:51.460 mean the end of financial freedom in Canada. Complete and total digital control over your
00:00:56.460 money, not in the hands of a private bank like it is now, but completely in the hands of the
00:01:01.460 Canadian state. Now, those on the left will tell you not to be conspiratorial. You have nothing to fear.
00:01:06.360 Nothing to fear? Try selling that to a bunch of Canadians who witnessed that same finance minister
00:01:10.960 happily freeze the bank accounts of protesters who opposed the government.
00:01:15.200 The names of both individuals and entities, as well as crypto wallets, have been shared by the RCMP
00:01:25.700 with financial institutions, and accounts have been frozen, and more accounts will be frozen.
00:01:34.660 Stick around for the ratio of the week. Drop a like in the video. Help us out by subscribing to the
00:01:38.040 TrueNorth YouTube channel. And the common question for the episode is this. Are you invested in Bitcoin or
00:01:43.040 other cryptocurrencies? If so, let me know in the comments, and let's get into it.
00:01:47.140 Just 12 months ago, if you were concerned about the introduction of a CBDC into the Canadian economy,
00:01:52.740 you were very quickly branded as a conspiracy theorist. But just like all the other conspiracies,
00:01:57.700 this one turns out to be completely true. The Bank of Canada released this video on their YouTube page
00:02:02.260 two days ago.
00:02:07.160 How Canadians pay for everyday things is changing.
00:02:12.140 Some are using less cash in favor of other payment methods.
00:02:16.580 To keep up with the changing ways that people pay, the Bank of Canada is exploring a digital Canadian dollar,
00:02:23.380 also known as a central bank digital currency.
00:02:25.820 In order to make it seem as though the bank has not developed this technology already,
00:02:29.540 and is not prepared to roll it out immediately, the Bank has launched their public consultation phase
00:02:34.760 to try and seek input from the Canadian people as to what they think about the introduction of a CBDC.
00:02:41.060 And just by going off of Twitter results, I think it's safe to say that the Canadian people
00:02:44.500 do not want a central bank digital currency under any circumstances.
00:02:48.680 And frankly, why would they?
00:02:50.420 Who wants to be a digital slave and subject to the whims of authoritarians forever?
00:02:54.720 Step right up to the CBDC.
00:02:56.260 It's your gateway to misery and coerced obedience.
00:02:59.560 If not, take the above survey and tell the Bank of Canada where they can shove their digital Canadian dollar.
00:03:05.220 Definitely not voting against a digital Canadian dollar.
00:03:08.800 I'm not okay with surveillance and having my money cancelled at the whim of the government.
00:03:13.400 Also, not sure what the benefits are, given it still loses purchasing power.
00:03:17.440 If you think the government freezing bank accounts was easy before, just wait if this hits.
00:03:22.280 This public consultation is phony.
00:03:24.480 You already know that few Canadians would willingly agree to a CBDC.
00:03:28.700 You're using this survey to propagandize the public.
00:03:31.340 Shame on you, Bank of Canada.
00:03:33.240 This is how the Bank of Canada describes a CBDC.
00:03:36.440 Simply put, a digital Canadian dollar would be a digital form of cash in your wallet.
00:03:40.680 Like cash, it would buy the things you need.
00:03:42.780 But the advantage is that you could also use it for online purchases and to transfer money between family and friends.
00:03:48.260 A digital Canadian dollar would not replace cash.
00:03:50.880 We will continue to supply banknotes as long as Canadians want to use them.
00:03:55.600 We don't see a need for a digital dollar right now, but Canada may need one in the future, so we need to get ready.
00:04:02.420 The central bank makes their case for a CBDC quite plainly for every Canadian to see.
00:04:07.120 When cash is no longer accepted, they believe they need to be the ones to create a digital Canadian dollar.
00:04:13.960 Even though we already make do without using cash every single day for all of our purchases, we use our debit and credit cards.
00:04:20.740 But for them, you see, that's not enough control.
00:04:23.680 They need complete control.
00:04:25.260 As the Bank of Canada on the survey page writes,
00:04:28.180 People tend to use cash less often these days.
00:04:31.220 Most payments are already digital, such as using debit or credit cards.
00:04:35.020 If this trend continues, there may come a time when cash is not widely accepted in day-to-day transactions.
00:04:41.120 That might be the tipping point when a digital dollar could be needed.
00:04:45.280 They say they don't see a need to issue a digital dollar right now,
00:04:48.300 but they also say in the same survey that they're getting ready in the case that Parliament and the Government of Canada asks them to issue one.
00:04:55.100 Well, surprise, surprise, in Budget 2022, Justin Trudeau and Chrystia Freeland made explicit their intention to introduce a CBDC.
00:05:04.300 In the last several months, for example, there have been a number of high-profile examples, both around the world and here in Canada,
00:05:10.300 where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities.
00:05:21.000 Budget 2022 announces the Government's intention to launch a Financial Sector Legislative Review
00:05:26.640 focused on the digitalization of money and maintaining financial sector stability and security.
00:05:32.280 The first phase of the review will be directed at digital currencies, including crypto and stablecoins.
00:05:37.300 And if the alarm bells aren't ringing off in your head as you read that passage,
00:05:41.500 well, something might just be wrong with you.
00:05:42.920 The government is issuing an order with immediate effect under the Emergencies Act
00:05:47.780 authorizing Canadian financial institutions to temporarily cease providing financial services
00:05:55.400 where the institution suspects that an account is being used to further the illegal blockades and occupations.
00:06:04.020 This order covers both personal and corporate accounts.
00:06:09.760 As of today, a bank or other financial service provider will be able to immediately freeze
00:06:17.880 or suspend an account without a court order.
00:06:22.500 We are today serving notice.
00:06:25.400 If your truck is being used in these illegal blockades,
00:06:30.260 your corporate accounts will be frozen.
00:06:34.020 The insurance on your vehicle will be suspended.
00:06:38.620 But don't for a second think that the government's seizure of bank accounts
00:06:41.660 and incursions into private finances stopped at the Freedom Convoy.
00:06:45.260 Just like during the Freedom Convoy,
00:06:46.880 the federal government has activated private banks in Canada
00:06:49.680 to act as the financial enforcement arm of the Trudeau regime.
00:06:53.760 Look at Canadian veteran and podcast host Jeremy McKenzie,
00:06:57.020 who was debanked by Scotiabank for holding too many unacceptable views.
00:07:02.020 Yeah, so like I said, I'm calling to give you just the courtesy of a heads up
00:07:07.160 that you will receive a letter kind of early next week
00:07:10.280 to let you know that the banks decided to end their banking relationship with you.
00:07:13.360 So the banks determined that this relationship is inside of its risk appetite.
00:07:20.000 So typically we don't call customers in these situations,
00:07:25.900 but I recognize you've been a longtime client of the bank,
00:07:29.120 so I wanted to call to give you the courtesy of a heads up.
00:07:31.980 But Canadians are not alone in the fight against CBDCs.
00:07:35.040 This is a global push.
00:07:36.560 Just watch how the then-Chancellor of the UK Exchequer
00:07:40.020 and now unelected Prime Minister of the United Kingdom, Rishi Sunak,
00:07:43.580 can barely hold in his excitement
00:07:45.140 when discussing CBDCs being introduced into the United Kingdom economy.
00:07:49.420 I'm proud to say that under the UK's presidency,
00:07:52.620 the group of the world's seven most advanced economies, the G7,
00:07:56.540 is launching a set of public policy principles
00:07:59.360 for retail central bank digital currencies, CBDCs.
00:08:03.780 And just a few months ago,
00:08:05.020 the chairman of the United States Federal Reserve, Jerome Powell,
00:08:08.440 describes the four characteristics of a United States CBDC.
00:08:12.840 We think that there are four characteristics of,
00:08:15.660 if we were to pursue a CBDC,
00:08:18.200 it would at a minimum have the following four characteristics.
00:08:20.840 First is intermediated.
00:08:22.800 Second is privacy protected.
00:08:25.560 The third is identity verified.
00:08:27.760 So it would not be anonymous.
00:08:29.300 It would not be an anonymous bearer instrument.
00:08:31.100 And fourth is transferable or interoperable.
00:08:34.480 Now, of course, not everyone is on board with the tyrannical push
00:08:37.280 to introduce CBDCs into our economy.
00:08:39.780 Don't take my word for how dangerous a CBDC will be.
00:08:42.760 Take the dire warning of American billionaire Steve Forbes.
00:08:46.100 CBDCs would give officials a powerful tool of control and manipulation.
00:08:52.560 It would be an irresistible drug for central banks trying to direct the economy.
00:08:57.160 If you have undesirable political views,
00:08:59.840 you might not be able to access your money,
00:09:01.900 since traditional cash would be outlawed,
00:09:04.200 and your digital cash would be in a government-approved digital wallet.
00:09:08.120 Congress should immediately hold hearings on the subject of central bank digital cash
00:09:13.300 and ban the Fed from creating a digital dollar.
00:09:17.720 Government digital cash is a formula for tyranny.
00:09:21.000 There is hope for Canadians, however.
00:09:22.860 Pierre Polyev in his leadership election stated unequivocally
00:09:25.720 that a Polyev government would ban a central bank digital currency.
00:09:29.620 A Polyev government will ban a central bank digital currency
00:09:35.360 and allow Canadians to have the economic and financial liberty that they deserve.
00:09:42.760 Now, whether Polyev actually follows through with that promise,
00:09:45.420 if he becomes prime minister, is to be seen.
00:09:47.320 He certainly would not be the first politician to lie to the people.
00:09:50.520 But one, of course, can certainly hope.
00:09:52.740 Also, a few weeks ago, Ron DeSantis banned the use of CBDCs in the state of Florida.
00:09:57.900 Now, what happens when you combine a CBDC,
00:10:01.560 a digital currency issued by the government,
00:10:03.900 with government-issued digital ID?
00:10:06.440 Now, the government of Canada already tells you
00:10:08.300 what your digital ID will be used for in the future.
00:10:11.020 Your digital ID issued by the government would be used to obtain social benefits,
00:10:15.260 file your taxes, access your health records,
00:10:17.840 open a bank account, and buy a home.
00:10:19.760 Now, of course, like any other time the government talks about our digital dystopian future,
00:10:23.920 they package it with the usual screed telling us not to be concerned.
00:10:27.120 They say your digital ID will be optional.
00:10:29.840 It will be convenient.
00:10:30.920 It will be secure, private, and accessible.
00:10:33.160 Oh, you're really putting our fears to rest, Canadian government.
00:10:36.840 We have nothing to fear.
00:10:38.060 The Ontario government used the pandemic to introduce their own version of a digital ID,
00:10:42.160 and they're very excited about this.
00:10:43.860 As the Ontario government says,
00:10:45.320 Your digital ID is the foundation that will enable easier access to online services
00:10:50.020 and make Ontario one of the world's most digitally advanced jurisdictions,
00:10:54.200 with a value for Ontarians, businesses, and the government that is estimated at $20 billion.
00:10:59.480 And just like the Canadian government, they state clearly that it is voluntary.
00:11:03.420 The plan to introduce a digital ID in Canada has been in the works for many years now.
00:11:08.240 Take this 2019 clip of the Canadian Bankers Association discussing why a digital ID is so important,
00:11:15.520 why a federated digital ID is crucial for Canadians' future.
00:11:19.340 A federated digital ID ecosystem developed in collaboration with Canada's best and brightest talent
00:11:24.580 from our banks, telecommunication companies, law enforcement, and government.
00:11:30.000 It would have the power and security to store every Canadian's electronic identity and attributes.
00:11:34.960 Canada's banks are perfectly situated to help lead the creation of a federated digital ID system
00:11:40.140 between government and the private sector.
00:11:42.740 The World Economic Forum agrees that banks and financial institutions
00:11:46.200 should lead the path forward for digital ID.
00:11:48.740 And we've already gotten our taste of what a digital ID dystopian future looks like.
00:11:53.180 Don't forget the mandated downloading of the digital government loyalty test known as ArriveCan.
00:11:57.600 Now, what does Canada's future look like when you combine a CBDC controlled by the government
00:12:02.240 with a digital ID also controlled by the government?
00:12:05.540 Well, it might look something like this.
00:12:08.020 They're constantly monitored by facial recognition cameras
00:12:11.580 that are able to instantly put a face to a name.
00:12:14.760 Now, the Chinese are also ranked.
00:12:17.580 The cinema names and shames people considered untrustworthy,
00:12:21.300 plastering their details, even their addresses, across big screens.
00:12:25.060 God help us.
00:12:26.180 Race show of the week time.
00:12:27.420 The post-national Marxists that staff the federal government
00:12:30.140 have taken it upon themselves to once again redesign a key Canadian symbol.
00:12:35.360 A cultural symbol that helps define what Canada is.
00:12:39.600 After deciding that they had the moral authority to redesign the crown in Canada,
00:12:43.840 replacing the cross and fleur-de-lis with a snowflake,
00:12:47.520 the Canadian government has now decided to redesign the Canadian passport,
00:12:51.640 remove Terry Fox, remove the Vimy Ridge Memorial,
00:12:54.740 and remove the Fathers of Confederation and replace them
00:12:58.280 with some communistic corporate Memphis redesign.
00:13:01.460 A disgusting slap in the face to all Canadians.
00:13:05.400 Karina Gold, the Minister of Family and Social Services,
00:13:09.180 was on hand to unveil the disgusting new redesign of the Canadian passport.
00:13:13.700 Look at how happy she is to unveil this abomination.
00:13:16.640 Our passport is recognized around the world,
00:13:19.200 and the new design unveiled today reflects our country and our shared values.
00:13:24.340 Service Canada stands ready to launch this new booklet this summer,
00:13:28.200 and I look forward to seeing it delivered into the hands of Canadians.
00:13:31.480 Well, Canadians aren't nearly as happy to receive this booklet
00:13:34.200 that is supposed to reflect our shared values.
00:13:37.420 1,985 replies to 623 likes.
00:13:42.880 Communists erasing our culture.
00:13:45.300 Utterly pathetic, but completely accurate.
00:13:47.860 What an embarrassment for our country.
00:13:50.020 Shared values, not including the heroism of Vimy Ridge.
00:13:53.840 It's just a flag.
00:13:55.180 It's just the statue of John A. Macdonald.
00:13:57.520 It's just a statue of our longest reigning monarch.
00:14:00.260 It's just a crown.
00:14:01.760 It's just a passport.
00:14:03.640 Are you starting to see it yet?
00:14:05.240 Liberal minority governments like Lester Pearson's and Justin Trudeau's
00:14:08.880 do not have the moral authority to make sweeping cultural post-national changes to our country,
00:14:14.360 yet they have no problem giving themselves the authority to do so.
00:14:17.100 All of this must stop.
00:14:19.220 Because if you think they're going to stop with the passport, you are sorely mistaken.
00:14:23.320 All right, everyone, that's going to do it for us this week on the show.
00:14:25.500 Thank you so much for tuning in.
00:14:26.600 My name is Harrison Faulkner, and this is Ratioed.