Did you know that Canada's five big banks are among the top 20 funders of fossil fuels in the world?
Since Canada committed to the Paris Agreement to limit warming to 1.5 degrees celsius in 2015, its five largest banks - RBC, TD, Scotiabank, BMO and CIBC - have funneled $1.1 trillion into oil and gas, according to the most recent Fossil Fuel Finance Report Banking on Climate Chaos. In 2022, RBC took the title of biggest fossil fuel funder worldwide, pumping over $42 billion USD into oil and gas projects.
Part of that money - your money, if you're a customer - provides the financial backing for controversial projects like the Coastal GasLink pipeline and Trans Mountain Pipeline, which are violating Indigenous rights and keeping Canada locked into fossil fuel infrastructure.
Anyone concerned about the health of our kids, now and in the future, knows this needs to change. Imagine the impact that money could make if it were invested instead in innovative solutions to the climate challenges we're facing.
That’s why we want you to be part of our Banking For Our Kids Campaign, and join the national movement to take action against fossil finance! Parents and grandparents are already stepping up to take action in their communities in all kinds of ways.
We believe parents and grandparents can use our superpower - our love for our kids - to motivate banks to stop bankrolling the climate crisis and start investing in a safe future for all of us. We also believe that, as caregivers, we can make this conversation mainstream and accessible, because we all have a right to know where our money is going and demand better.