Canada: Bank Act Sunset Provision updated May 22, 2026 and AI control grid
Dark agendas all interlock.
Disclaimer
I personally do not advocate any process or procedure contained in any of my human publications. Information presented is not intended to provide legal, lawful, financial or medical advice, diagnosis, treatment, cure, nor prevent any disease. Views expressed are for educational purposes only. I surround, protect, purify and make harmless the following information.
Sunset provision amended
21 (1) Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2033.
Marginal note:Extension
(2) The Governor in Council may, by order, extend by up to six months the time during which banks may continue to carry on business and authorized foreign banks may continue to carry on business in Canada. No more than one order may be made under this subsection.
Marginal note:Order not a regulation
(3) The order is not a regulation for the purposes of the Statutory Instruments Act. However, it shall be published in Part II of the Canada Gazette.
Marginal note:Exception — dissolution
(4) If Parliament dissolves on the day set out in subsection (1) or on any day within the six-month period before that day or on any day within an extension ordered under subsection (2), banks may continue to carry on business, and authorized foreign banks may continue to carry on business in Canada, until the end of the 180th day after the first day of the first session of the next Parliament.
Source https://laws-lois.justice.gc.ca/eng/acts/b-1.01/page-4.html
Basel III End game full steam ahead
While searching for videos to discern the impact of Basel III on citizen’s savings, investments, stocks, bonds, silver, gold, etc., all I could find are videos that ‘promote’ Basel III as a means to avert global banks from requiring massive taxpayer bailouts seen in 2008, banks holding more and higher-quality, capital, a new safety net for bank capital levels and other as measures to make banks bullet proof in G20 countries.
Liquidity Adequacy Requirements (LAR) 2027 Canada
https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/liquidity-adequacy-requirements-lar-2027-chapter-2-liquidity-coverage-ratio
https://www.ourgreaterdestiny.ca/p/global-basel-iii-end-game-canada
AI Control Grid: Banking, Data Centres, and Open-Air Prison Being Built Around Us
Connie Shields
May 25, 2026
How AI infrastructure, digital finance, regulatory capture, and centralized systems are quietly converging into a new model of control.
Extending the sunset date to 2033 does not guarantee banks themselves must remain open, unchanged, or operational until then. Continues at https://unlockalberta.substack.com/p/the-ai-control-grid-banking-data
Feedback
If you or someone does a deep dive into Basel III impact on citizen investments, etc. please post a link in the comment section below.
Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
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