Demonstrators gathered in 40 locations across Canada on Saturday to voice their opposition to the Royal Bank of Canada’s funding of fossil fuel projects.
The protests, part of a nation-wide effort dubbed Fossil Fools Day, unfolded in cities including Edmonton, Toronto, Ottawa, Winnipeg, Halifax and Vancouver.
“We are going down a very scary path,” Saint said in an interview following her remarks at Saturday’s protest, citing extreme weather events such as flooding and fires as examples of the effects of the climate crisis.The bank, for its part, has long stressed the importance of an orderly transition to net-zero financed emissions, previously announcing it hoped to reach that goal in 2050 and setting a smaller, interim target for 2030.
But critics say the bank’s targets fall far short of what’s needed, accusing the company of “greenwashing” last fall when it announced its goals for this decade.
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Posthaste: TD beats out Royal Bank to become Canada's most valuable brandToronto\u002DDominion Bank has dethroned Royal Bank of Canada as the country\u0027s top brand, a report says. Read on for the top brand rankings.
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