Trucker protests: Invocation of Emergencies Act allowed government to capture crowdfunding platforms, payment service providers

Isabelle Jacques, the Assistant Deputy Minister, Financial Sector Policy Branch at the Department of Finance, said Tuesday during a finance committee meeting on the trucker protests that the invocation of the Emergencies Act allowed the federal government to capture funds from crowdfunding platforms and payment service providers which previously didn’t fall under current proceeds of crime or terrorism laws.

• Crowdfunding sites must now report transactions to Canada’s financial crimes watchdog