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7Â Kommentare
Another useless MOU
https://www.canada.ca/en/department-finance/news/2026/04/minister-champagne-concludes-productive-visit-to-the-peoples-republic-of-china-advances-canadian-trade-and-financial-services-partnerships.html
As we discovered during the election interference inquiry, the Liberals held a fundraiser that was attended by some people from Vancouver that wanted to open a bank there. After the fundraiser, those same people gave $200,000 to the Trudeau Foundation and arranged for a whole bunch of donors to give a total of $70k to Trudeau’s riding association. Despite CSIS warning them that these people were likely CCP agents and the bank would be used for money laundering, the Liberals quickly awarded them a banking licence.
The bank was soon under investigation by the RCMP for — you guessed it — money laundering, and Chrystia Freeland who was Finance Minister at the time helpfully wrote them a letter to let them know this was the case.
The bank was soon subjected to its founders being pushed out and huge fines due to national security concerns.
Canadians need to be very, very leery of Liberals going to China to cut deals deepening ties between our financial sectors.
Good news we need do deepen more ties with the soon strongest economy in the world.
China is not our friend. In the mad dash to extricate ourselves from the USA who we thought was our friend, we should not embrace another false friend. We need to strengthen ties with countries who hold similar values.
No Chinese EVs or banks. We should embrace our own and our European allies.
That would be difficult as long as China has capital controls.
Globe and Mail has been on one lately with their bolstering of the conditions that increase US influence in Canada.