Big 5 Banks
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- Published on Sunday, 29 November -0001 16:00
- Written by editor
RBC, TD, Scotia, BMO, and CIBC are bankrolling Coastal GasLink and its destruction of Wet’suwet’en territory to the tune of tens of billions of dollars.
The Big 5 banks can stop construction of Coastal GasLink Pipeline operations.
A,
The momentum is building to get the big 5 Canadian banks to stop financing Coastal GasLink Pipeline, the destructive project being forced through Wet’suwet’en territory without consent.
Two weeks ago, Hollywood A-listers including Leonardo DiCaprio, Robert Downey Jr. Scarlett Johansson, Mark Ruffalo, Jane Fonda, and Marisa Tomei joined the campaign against Coastal Gaslink Pipeline and called for RBC to end funding. And we know from well placed sources within RBC that executives are terrified of this pressure.
This and next week are when the RBC, TD, Scotia, CIBC, and BMO all have their annual meetings, a time when the banks celebrate their accomplishments. And while the media’s attention is on the Big 5 banks is the best time to... speak up against the banks involvement in financing a project that tramples on Indigenous rights.
It's been more than two years since land and water defenders caught the world’s attention by peacefully resisting the construction of Coastal GasLink on Wet’suwet’en territory.
And for the last two years, thousands of people across Canada have fought in solidarity Wet'suwet'en hereditary chiefs who have been bravely and peacefully resisting resource extraction projects for years.
We know that time and time again, when people like you have supported fights against pipelines such Northern Gateway and Keystone XL we can stop these destructive projects from going ahead.
Stopping the financing of Coastal GasLink is the best way to stop the project dead in its tracks.
RBC and TD’s annual meetings are taking place this and next Thursday respectively and my colleague Amelia will be there to speak up against the banks’ complicity in trampling Indigenous Rights and fueling climate change.
Thanks for all that you do,
Angus and the team at SumOfUs
More information:
Avengers star Mark Ruffalo joins campaign against B.C. pipeline with call for RBC to end funding. CBC. 18 March 2022.
Coastal GasLink Faces More Water Pollution Concerns. The Tyee. 7 March 2022.
SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.
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