BMO

With annual meeting season in the rearview mirror, Canada’s largest banks can agree on one thing: they sure don’t want shareholders influencing environmental policies.

Canada’s biggest banks are responding to climate-related resolutions, offering a peek into how seriously they take the crisis as the annual shareholder meeting season approaches.

Canadian banks, insurance companies and asset managers have pumped millions into Russian-owned oil and gas companies that have flowed into the petrostate’s war chest.

Canadian banks are using “strategic philanthropy” to paper over growing climate concerns in an attempt to lock in young customers for life.

The Glasgow Financial Alliance for Net Zero say it wants to align capital with a net-zero world. Or as its leader Mark Carney describes it, the new “plumbing” for the world’s financial system to ensure green investments flow.

As far as activists are concerned, key investment numbers tell the story of a Canadian banking sector that says one thing publicly but continues to invest in fossil fuels away from the spotlight.

The original Line 3 pipeline is responsible for the worst inland spill in U.S. history, and even before oil has begun to flow, the new pipeline has caused 28 drilling fluid spills into 12 river crossings, writes Evelyn Austin.

Canadian banks have financed oil, gas, and coal companies to the tune of nearly $700 billion since the Paris Agreement was signed, and could be more at risk than they’re letting on.

Those holding our savings and mortgages and controlling the flow of money into coal, oil and gas — RBC and the rest of Canadian banking gang — need to wake up and smell the CO2, writes Richard Brooks, climate finance director with Stand.earth.

The Canadian economy sprinted to the finish line of 2020 with nearly double-digit growth in the fourth quarter, ending its worst year on record on a strong note that has continued into the start of 2021.

After years of criticism from the Indigenous community, BMO has removed two stone plaques from the facade of a building in Montreal's tourist sector that commemorated the killing of an Iroquois chief in 1644.

Two of Canada's biggest banks warned on Monday, May 28, 2018, that "fraudsters" may have accessed certain personal and financial information of up to 90,000 customers.

The head of one of Canada's largest banks is urging the federal government to stem the flow of investment capital from this country to the United States — because, he warns, it's already leaving in "real time."

The Bank of Canada is defending itself amid questions about its public silence ahead of an interest-rate hike last week that caught many analysts by surprise.

Canada's "big five" banks are the largest backers of Kinder Morgan's Trans Mountain pipeline project, according to the company's financial documents.