Occupy Toronto Searches for a Credit Union
Organizers with Occupy Toronto said they are seeking out a credit union to park the more than $40,000 in donations they’ve received.
In the meantime, the money is currently stashed away in several secret locations, the Toronto Star reported Saturday.
The group, which consists of roughly 250 protesters, said it has been getting a steady stream of funds from supporters over the past two weeks. Of the $40,000 received so far, less than $1,000 has been spent, according to the article.
Michael Vessey, one of the persons spearheading Occupy Toronto, told the publication transparency is important. The group’s various committees do a daily count of the cash donations.
“More people means more problems,” Vessey said. “There’s all this money coming in and we don’t know what to do with it.”
Occupy Toronto is working to set up a credit union account, the publication reported.
Supporters have dropped off items such as blankets, socks, toothbrushes and baby wipes. A “free store” near the encampment encourages protestors and those passing by to donate or take what they need.