IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 — 0.00% USD/MXN17.47▲ 0.01% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.44% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.84▲ 0.33% BRENT 77.33 ▲ 1.74% WTI 72.66 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.52% GOLD 4,081 ▼ 0.57% SILVER 59.00 ▼ 1.36% SOY 1,196 ▼ 0.06% CORN 465.50 ▲ 6.28% WHEAT 637.50 ▲ 0.87% COFFEE 331.85 ▼ 3.25% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,596 ▼ 5.46% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,052 ▼ 1.11% ETH 1,785 ▼ 1.17% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.70% BNB 568.96 ▼ 0.87% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.53% AVAX 6.65 ▲ 3.87% LINK 7.99 ▼ 0.01% DOT 0.83 ▼ 1.45% LTC 43.83 ▼ 0.32% BCH 237.98 ▼ 0.83% TRX 0.33 ▼ 0.41% XLM 0.18 ▼ 1.43% HBAR 0.07 ▼ 0.30% NEAR 1.91 ▲ 1.08% ATOM 1.54 ▼ 1.35% AAVE 95.36 ▼ 1.75% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 — 0.00% USD/MXN 17.47 ▲ 0.01% USD/CLP 923.90 ▼ 0.41% USD/COP 3,237 ▼ 0.27% USD/PEN 3.41 ▲ 0.44% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.61 ▲ 0.22% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.84 ▲ 0.33% BRENT 77.33 ▲ 1.74% WTI 72.66 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.52% GOLD 4,081 ▼ 0.57% SILVER 59.00 ▼ 1.36% SOY 1,196 ▼ 0.06% CORN 465.50 ▲ 6.28% WHEAT 637.50 ▲ 0.87% COFFEE 331.85 ▼ 3.25% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,596 ▼ 5.46% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,052 ▼ 1.11% ETH 1,785 ▼ 1.17% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.70% BNB 568.96 ▼ 0.87% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.53% AVAX 6.65 ▲ 3.87% LINK 7.99 ▼ 0.01% DOT 0.83 ▼ 1.45% LTC 43.83 ▼ 0.32% BCH 237.98 ▼ 0.83% TRX 0.33 ▼ 0.41% XLM 0.18 ▼ 1.43% HBAR 0.07 ▼ 0.30% NEAR 1.91 ▲ 1.08% ATOM 1.54 ▼ 1.35% AAVE 95.36 ▼ 1.75% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93%
since 2009
Monday, July 13, 2026

Freedom Convoy: By evoking the emergencies act, Canada’s Trudeau has maneuvered the country into an impasse

By · February 17, 2022 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – A nebulous wreath of different actions has formed around the Trudeau government’s activation of the never before used emergencies act. Even before Prime Minister Justin Trudeau resorted to his last or penultimate resort, the crowdfunding website GiveSendGo had been hacked over the weekend.

Names and email addresses of thousands of donors were thus publicly accessible. An official of the governing party in the province of Ontario, who had donated $100 to Freedom Convoy, was pressured to resign or give up his job.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

In addition, the Canadian state television CBC immediately used the leaked data for research on the donors – all this despite the fact that the data had become public through illegal actions.

Many Canadians are not satisfied with being implicitly treated like terrorists by their government and wonder where the decisive actions of the Trudeau government were when the BLM and Antifa protests spilled over into Canada in the summer of 2020.

(Bloc Québécois Leader Yves-François Blanchet has spoken out against the federal government’s use of the Emergencies Act to respond to protests.)

But yes, Trudeau had once started out as a super-liberal who championed small farmers’ roadblocks in India and believed, “When a government starts canvassing or avoiding other views, it loses its moral authority.” It was a phrase from his predecessor Stephen Harper that Trudeau pompously quoted a decade ago.

Ottawa’s resigned “progressive” police chief – Peter Sloly is African-American – notes in a press release that he has seen his role since the demonstration began as primarily maintaining the safety of the city.

The statement came while the Trudeau govt, using its unprecedented emergency powers, required banks to report potential mandate protesters and those potentially financing them without a court order. (Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

This seems to have succeeded, although Sloly was accused of being too soft on the truckers. The minister in charge of disaster control, Bill Blair, was saddened by the departure. Under the state of emergency now declared, public gatherings can be banned and citizens’ freedom of movement restricted, although Trudeau claims that’s not his goal.

(Yesterday, the Premier of Ontario, Doug Ford blew up Justin Trudeau’s house of cards: “Everybody is done with this. We are done with this!”)

Meanwhile, a simple response to the government’s grab for Canadians’ private bank accounts is forming on Twitter. “Time to withdraw your money,” one user writes succinctly. Others want to withdraw at least some of their funds to send a message.

The political – or rather ideological – orientation of senior executives is addressed: Would you give in to the state’s grip or deny cooperation? A bank that engages in such action no longer seems trustworthy to many.

(Feb. 17 press conference by former law enforcement members and veterans of Freedom Convoy in Ottawa after Justin Trudeau declared a state of emergency.

Beyond these individual opinions, there is the general expectation of a run on bank counters that will come in the coming days.

CANADIAN BANKS OUTAGE MYSTERY

Canada’s big five banks all went offline simultaneously on Wednesday, leaving customers unable to access online banking or make transfers for hours. Some still reported outages Thursday too.

Royal Bank of Canada, Bank of Montreal, Scotiabank, TD Bank Canada and Canadian Imperial Bank of Commerce were all affected – and mysteriously just days after Prime Minister Trudeau used emergency legislation to force all crowdfunding payments to be registered with government regulator FINTRAC.

On Wednesday, Justice Minister David Lametti told CTV News: “If you are a member of a pro-Trump movement who’s donating… you ought to be worried” [about your bank account being frozen].

The relevant authorities have started sharing names of individuals and corporations, as well as their cryptocurrency wallets, with financial institutions to freeze the accounts of some people involved with convoy blockades and protests, federal ministers say.

Deputy Prime Minister Chrystia Freeland told reporters in a press conference on Feb. 17 that information is now being shared by law enforcement with Canada’s financial institutions to cut off funding for the ongoing protests that oppose the federal government’s COVID-19 mandates.

“The names of both individuals and entities, as well as crypto-wallets have been shared by the RCMP with financial institutions, and accounts have been frozen, and more accounts will be frozen. Crowdfunding platforms and payment service providers have started the registration process with FINTRAC,” Freeland said.

Freeland refused to release the specific numbers on how many accounts, either personal or corporate, have been targeted, saying that she doesn’t want to jeopardize the “operational actions [that] are being taken.”

TRUDEAU SCORCHED FOR SWASTIKAS COMMENT TO JEWISH CONSERVATIVES

The Canadian PM has landed himself in hot water with Jewish MPs, after saying that Conservative legislators support “people who wave swastikas.”

“Mr. Speaker, I’ve never seen such shameful and dishonorable remarks coming from this prime minister,” said Conservative MP Dane Lloyd, “There are members of this Conservative caucus who are the descendants of victims of the Holocaust“.

(The Canadian PM has landed himself in hot water with Jewish MPs, after saying that Conservative legislators support “people who wave swastikas.”)

Politicians demanded an apology from Trudeau, who’s been facing a PR nightmare over the ‘Freedom Convoy’ protests – with some MPs calling his policies “divisive.”

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.