Bank of Canada: Restore the Bank of Canada. Exile elite banking consortium

Petition summary and background

Big Five is the name colloquially given to the five largest banks that dominate the banking industry in Canada. All five banks are operationally headquartered in Toronto, Canada.

The Big Five banks, listed in order of market capitalization on the TSX (largest to smallest, as of December 31st, 2010) with their current corporate brand names and corporate profiles (according to their latest annual report, all monetary amounts are in billions C$), are:

RBC Royal Bank
RBC Banque Royale

Bank of Nova Scotia
Banque de Nouvelle-Écosse

Bank of Montreal
Banque de Montréal

BMO Bank of Montreal
BMO Banque de Montréal

Canadian Imperial Bank of Commerce
Banque Canadienne Impériale de Commerce

On May 5/2012 we, the shareholders of the Bank of Canada will visit our bank in Ottawa to restore the power back in the hands of the population. We are hereinafter calling for the immediate termination of Mark Carney, Governor of the Bank of Canada for the wilful misconduct imposed on the Canadian population in contravention of the Bank of Canada Act and the Criminal Code of Canada.

MOTION OPERATIVE

Whereas the Bank of Canada is publicly owned by its shareholders, the citizens of Canada;

Whereas the role of the bank is to “promote the economic and financial well-being of a nation”;

Whereas the Bank of Canada has the legislative authority pursuant to the Bank of Canada Act, section 18 (i) to issue interest-free loans to the Government of Canada;

Whereas the Governor, deputy governor and Board of Directors of the Bank of Canada have been aiding and abetting the chartered banks, caisses populaires, and other financial institutions in artificially creating Canada’s money supply through debt creation contrary to section 336 of the Criminal Code of Canada ;

Whereas the shareholders of the Bank of Canada, the Canadian tax payers are paying aproximately 170 million dollars daily in compounding interest owed on the debt to the private banks for the negligible failure of the Governor, deputy governor and board of directors to exercise section 18 (i) of the Bank of Canada Act;

Whereas there is a conflict of interest between the governor, as trustee to the people of Canada, the Bank of Canada’s shareholders and his former capacity as Investment Banker for Goldman Sachs. This is in direct violation of the bank of Canada Act, section 10, 1 (e).

Whereas Mr. Carney holds shares in contravention of section 10 (3) of the Bank of Canada Act

BE IT RESOLVED

We, the people of Canada demand the immediate resignation of the Governor of Canada, Mr.Carney, deputy governor and the Board of Directors on the aforementioned grounds in contravention of Bank of Canada Act. We also find the subjects guilty of committing the following indictable offense pursuant to section 336 of the Criminal Code of Canada (CCC)

336. Every one who, being a trustee of anything for the use or benefit, whether in whole or in part, of another person, or for a public or charitable purpose, converts, with intent to defraud and in contravention of his trust, that thing or any part of it to a use that is not authorized by the trust is guilty of an indictable offence and liable to imprisonment for a term not exceeding fourteen years.

Furthermore, we exercise our right and absolute privilege as the shareholders of the Bank of Canada to repeal section 5 (1), sec.6 (1), and sec. 7 (1) of the Bank of Canada Act to alter appointment of the Board of Directors, Governor and Deputy Governor to an election held in an Annual General Meeting on a date to be decided by majority vote of the shareholders of Canada

BE IT FURTHER RESOLVED

The aforementioned capacities shall be terminated effective immediatly. No person shall remain in the bank of Canada building. All keys of entry shall be surrendered to the local sheriff for pick-up by the people of Canada.

BE IT FURTHER RESOLVED

We, the people of Canada demand the immediate removal of the chartered banks and caisses populaires, and all other financial institutions wherein its activities resemble the latter, as herein mentioned on grounds the aforementioned subjects are guilty of committing the following indictable offense pursuant to sections 449 and 362 of the Criminal Code of Canada (CCC)

449. Every one who makes or begins to make counterfeit money is guilty of an indictable offence and liable to imprisonment for a term not exceeding fourteen years.

362. (1) Every one commits an offence who

(a) by a false pretence, whether directly or through the medium of a contract obtained by a false pretence, obtains anything in respect of which the offence of theft may be committed or causes it to be delivered to another person;

(b) obtains credit by a false pretence or by fraud;

© knowingly makes or causes to be made, directly or indirectly, a false statement in writing with intent that it should be relied on, with respect to the financial condition or means or ability to pay of himself or herself or any person or organization that he or she is interested in or that he or she acts for, for the purpose of procuring, in any form whatever, whether for his or her benefit or the benefit of that person or organization,

(i) the delivery of personal property,

(ii) the payment of money,

(iii) the making of a loan,

(iv) the grant or extension of credit,

(v) the discount of an account receivable, or

(vi) the making, accepting, discounting or endorsing of a bill of exchange, cheque, draft or promissory note; or

(d) knowing that a false statement in writing has been made with respect to the financial condition or means or ability to pay of himself or herself or another person or organization that he or she is interested in or that he or she acts for, procures on the faith of that statement, whether for his or her benefit or for the benefit of that person or organization, anything mentioned in subparagraphs ©(i) to (vi).

Punishment

(2) Every one who commits an offence under paragraph (1)(a)

(a) is guilty of an indictable offence and liable to a term of imprisonment not exceeding ten years, where the property obtained is a testamentary instrument or the value of what is obtained exceeds five thousand dollars; or

(b) is guilty

(i) of an indictable offence and is liable to imprisonment for a term not exceeding two years, or

(ii) of an offence punishable on summary conviction,

where the value of what is obtained does not exceed five thousand dollars.

Idem

(3) Every one who commits an offence under paragraph (1)(b), © or (d) is guilty of an indictable offence and liable to imprisonment for a term not exceeding ten years.

Presumption from cheque issued without funds

(4) Where, in proceedings under paragraph (1)(a), it is shown that anything was obtained by the accused by means of a cheque that, when presented for payment within a reasonable time, was dishonoured on the ground that no funds or insufficient funds were on deposit to the credit of the accused in the bank or other institution on which the cheque was drawn, it shall be presumed to have been obtained by a false pretence, unless the court is satisfied by evidence that when the accused issued the cheque he believed on reasonable grounds that it would be honoured if presented for payment within a reasonable time after it was issued.

Action petitioned for

We, the undersigned, are Canadian Citizens and shareholders of the Bank of Canada. We trust his excellency will exercise all powers and authorities lawfully belonging to us in respect to the prosperity and well being of our nation.