The five major Canadian banks — RBC, CIBC, BMO Financial Group, TD and Scotiabank — are listed in the top 20 global banks financing fossil fuels.
They are as responsible as fossil fuel companies for their role in driving climate chaos. Canadian banks have, so far, refused to divest from fossil fuels and are actually increasing their funding of fossil fuels. By funding fossil fuel projects, they are violating Indigenous rights, enabling environmental destruction, and extending Canada’s history of colonialism for short-term profits.
Together, let’s get banks to stop funding fossil fuel colonialism.