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Scotiabank commits over $1 million in Ukrainian aid to support humanitarian and resettlement efforts

/CNW/ - Scotiabank today announced it is furthering its commitment towards supporting Ukraine humanitarian and resettlement efforts to more than $1 million.. ....

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Nearly Third of RBC Shareholders Demand Climate Action

Nearly Third of RBC Shareholders Demand Climate Action
morningstar.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.ca Daily Mail and Mail on Sunday newspapers.

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Canadian Banks are in Bed with Oil

From 2016-2020, Canadian banks poured over $700 bn into fossil fuels, and shareholders are demanding change
Ruth Saldanha
5 April, 2021 | 4:38AM
Last week the Supreme Court of Canada ruled that the Federal Government’s carbon tax is constitutional – setting a floor for the tax rates observed by each province and giving credibility to the government’s proposed $170 per metric ton tax by 2030. But to what extent will the money actually follow?
“If Canada is to be a leader in the fight against climate change, its banks should be global leaders in decarbonizing their lending portfolios,” points out Jackie Cook, Morningstar’s Director of Investment Stewardship. It’s tough to make the case that we are working on a transition away from fossil fuels when Canadian banks keep funding oil and gas. ....

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