Canadian Bankers Association

Stubborn fossil fuel financing and severely out-of-step renewable investments mean Canadian banks are undermining climate progress.

Banks are using the term "sustainable finance" too broadly and not backing up the claims with data, Investors for Paris Compliance said in its submission Tuesday to the Ontario Securities Commission and the Autorité des marchés financiers of Québec.

Some of Canada's Big Six banks are pulling ahead of others on climate policy but they all still have a ways to go, says a new report.

The RCMP told MPs on Monday, March 7, 2022, that it only gave the names of people directly involved in Ottawa protests to banks to freeze their accounts, and not supporters who donated to the so-called Freedom Convoy.

Prime Minister Justin Trudeau is raising anew his government's promise to help hard-hit Canadians more easily access credit by leaning on the nation's banks to do more than reduce credit-card costs.

A recent landmark Supreme Court ruling upholding environmental rights is a new wrinkle influencing how wide Canada's banks open their wallets when lending to the oilpatch.

Canada's interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns.

A committee of federal MPs heard testimony from ex−bank workers as it examines accusations of questionable — and even illegal — sales practices by some of the country’s largest financial institutions.

The federal anti−money laundering agency has levied a $1.1−million penalty against an unnamed Canadian bank for failing to report a suspicious transaction and various money transfers.