On April 20, 2024 the Prime Minister of Canada, Justin Trudeau posted a video on his X-account (1). In that video he explains what he calls ‘Credit Scores’ that banks and financial institutions can assign to people. If you have better credit scores you are more likely to be get a higher mortgage in case you want to buy a new home. Some people claim that it is only a very small step from this ‘credit score’ system that is organized by financial institutions to a social credit score system that apparently is up and running in China (2).

This is not the first time that Justin Trudeau appears on this website, and not the first time in connection with financial institutions. You may remember how this prime minister didn’t hesitate to simply block the bank accounts of the people he didn’t like, namely a number of truckers who were demonstrating against his rather extreme vaccination-policies (3). A federal judge later told Trudeau that this blocking of accounts of civilians was unconstitutional. I would say this act alone, lowers the credit score of this Prime Minister, and there are many other points to lower his credit score even more, but we will save that for later.

FOOTNOTES
(1) https://twitter.com/JustinTrudeau/status/1781752326925017290
(2) China’s Social Credit System:  Embrace Rewards Or Face Penalties
(3) Trudeau was wrong when he blocked bankaccounts of Freedom Convoy Truckers in Canada