July 24, 2021
Bikes vs Banks
Many people still don’t know their banks are as bad for the climate as oil companies, so a group of activists in Toronto are organizing rides that stop at bank branches and leaving a little message behind.
Many people still don’t know their banks are as bad for the climate as oil companies, so a group of activists in Toronto are organizing rides that stop at bank branches and leaving a little message behind.
While Canada (and the world) suffers killer heatwaves and out of control wildfires, more and more of us are taking the message of action to Canada’s biggest investor in climate doom: RBC Bank.
Yesterday Toronto based climate justice activists visited all 5 of Canada’s bank headquarters in downtown Toronto with a simple message: as Canada suffers killer heatwaves and damaging wildfires, it’s Canada’s banks that are making the disasters worse.
Bloomberg Green recently covered the growing campaign to pressure banks – including Canada’s top fossil bank RBC – to stop funding the controversial Line 3 tar sands pipeline.
In case you missed the news, giant coal and oil companies were hit from all sides this week.
In a high profile article titled “Why your banking habits matter for the climate“, the British Broadcasting Corporation made the case that while it “may not be the most obvious way of reducing your carbon footprint, how you save, invest, and give away your money can make a difference to the climate”.
This week, our US partners Stop the Money Pipeline organized a #DefundLine3 Global Day of Action, with protests at bank branches in Japan, Switzerland, Sierra Leone, Costa Rica, the UK, Holland, France and Canada, as well as about 50 cities in the U.S.
Originally reported by NewsNow.
Grassroots student activist Sophie Krouse was surprised to see the Niagara Regional Police show up at an RBC branch in small town Grimsby, Ontario on Earth day, only about 30 minutes after she started holding up a sign, putting up posters, and writing removable chalk messages on the sidewalk in front of their branch.
This article was originally published at The National Observer.
Canada’s five largest banks have a problem.
Did you know Canadian banks are some of the world’s worst for funding climate chaos?