CANADA’S BIG 5 BANKS ARE SOME OF THE BIGGEST FOSSIL FUEL FINANCERS IN THE WORLD.
What’s more, banks aren’t just funding existing projects. They’re providing financing and guarantees that allow expansion of fossil fuel operations that put Canada’s wild spaces at risk, contravene indigenous rights and make an outsize contribution to global heating.
You don’t have to have thousands of dollars in savings to be affected. If you’ve got money in an everyday chequing account – the money you use to buy your groceries or your season’s pass – then you can be sure the banks are using it to support fossil fuel projects.