Canada's major banks: RBC, TD, Scotiabank, BMO and CIBC, are among the top global funders of fossil fuels. RBC is the biggest funder of fossil fuels in Canada, and ranks 5th in the world.
RBC is also a major backer of projects in Canada that violate Indigenous rights, including the Coastal GasLink pipeline and Line 3. That's why on Oct. 29, a national network led by Wet’suwet’en Land Defenders is organizing a day of action at RBC branches across Canada. There will be major actions in Montreal, Toronto, Vancouver, and the Gidemt’en Checkpoint (Wet’suwet’en territory) as well as distributed actions at RBC branches across the country. A list of actions can be found here.
For Our Kids is a partner in this collaborative action, part of a global day of action on Oct. 29, on the eve of the COP26 summit.
Interested in joining or hosting an action at your branch? Here's a toolkit that can help.
Looking for other ways to call on banks to stop funding fossil fuels?
- Here's an email you can send to your bank's CEO
- Talk to your bank manager and pension plan fund manager. If you're not sure where to start, here's a step-by-step guide from Shift Action for Pension Wealth and Planet Health. You can find information about contacting your bank and template letters on the Bank Switch site.
- Tell your story about why saving for your kids' future doesn't make sense if those savings support the destruction of their future. And evidence continues to mount showing that investing in fossil fuels that contribute to climate change is endangering your savings.
- Tired of talking? Do some research and move your investments and daily banking out of any bank that funds fossil fuels.
- Not quite there yet? Maybe you're thinking of starting an RESP or savings account for your kids or grandkids - start them off somewhere that invests in sustainable energy and socially responsible projects.
- Get your family and friends on board, talk to other parents and grandparents and encourage them to take action too.
- Most of all, record your actions, share them with your networks, and with For Our Kids so we can amplify your voices. You can reach us at hello [at] forourkids [dot] ca