Banks on Notice: Dump Enbridge!
As Canadians were casting their votes in the Federal Election, another important decision was playing out in the board rooms of Canada’s top banks: what to do with Enbridge, sponsor…
RBS Still Mired In Tar Sands
Last Summer we had a rather public row with RBS over its role in bankrolling fossil fuel expansion. Since then, the Bank’s PR team has been working overtime to clear…
Bank of Montreal Confronted on Indigenous Rights
CEO Bill Downe’s unmistakable message at today’s Shareholder Meeting was that Bank of Montreal has changed. During his 10 minute speech, “change” showed up 14 times! The “world has changed”…
Citi Needs an Intervention
Addiction – noun ə-ˈdik-shən, a-: persistent compulsive use of a substance known by the user to be harmful. (Merriam-Webster) Citi has a problem. Despite renewing its vows in 2009 to…
Keystone XL Won’t Decrease “Unfriendly” Oil Imports Either
Yesterday, AP reported that the proposed Keystone XL tar sands pipeline to Texas won’t decrease gas prices (I broke that story last month, but who’s counting). In fact, a report…
Group Therapy For Banks Hooked on Tar Sands
After more than a year of denial, RBC may be admitting that it has a problem in the tar sands. Tomorrow, we’ve learned that RBC will host a group of…