by Frank Bergman, Slay News:
In a major push to seize control of the public’s financial freedom, Canada is radicalizing its banking system by linking citizens’ bank accounts to a tyrannical social credit score.
The Canadian banking system will soon be transformed by a so-called “open banking” framework.
Proponents are framing this as a more “inclusive” way for banks to easily share information and access user data.
However, the move will merge social standings with banking to provide governments and unelected bureaucrats with complete control over our finances.
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The organization Open Banking Excellence (OBE), a World Bank partner that originated in the UK, boasts that it will incorporate social credit scores and bank information, and likely digital cash and IDs, in one “convenient” and “inclusive” place.
OBE, which has reached 40 countries, aims to “create exceptional platforms and content that promotes knowledge sharing, new thinking and partnerships within the industry – catalyzing the adoption of Open Finance and Data for better financial inclusion worldwide.”
“It’s about having that fairer, more inclusive, more open society,” said Helen Child, founder of Open Banking Excellence.
Of course, “Open Society” is an ideology championed by radical billionaire George Soros which involves open borders, no prisons, and rampant crime, among other “progressive” ideas.
However, the need for inclusivity and fairness in banking is not explained, despite being repeatedly pushed by proponents of the plan.
“It drives financial inclusion,” Child claims of the scheme.
“It’s democratizing data.”
What Child failed to mention is that data will be worth more than gold as we move forward with a cashless society.
There is no easier way to control the masses than to control their access to money, and their ability to buy, trade, and freely move about.
The Canadian Press outlined the true motive in plain sight:
“One of the biggest areas of growth is in credit assessments.
“Under open banking, lenders could directly access an individual’s banking data, so they can look beyond credit scores.
“Consumers can also use it to build their credit scores, for example, by proving reliable rent payments.”
Looking beyond credit scores equates to determining if a person is fit to participate in the global economy based on their personal views.
As Canada continues to crack down on so-called “hate,” the next step will inevitably be to block citizens from accessing their money if they’re suspected of wrongthink.
The Canadian government already tested these plans by shutting down the bank accounts of the Freedom Convoy protesters in 2022.
British populist politician Nigel Farage has also been a victim of the debanking agenda.
