A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding.
A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding.
According to the data, Scotiabank ranked ninth globally last year with US$29.5 billion in funding and TD was just behind it at about US$29 billion, while Bank of Montreal ranked 15th and CIBC 16th at US$19.3 billion and US$17.9 billion respectively.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian bank reported as biggest fossil fuel funder in the world - National | Globalnews.caA report from a coalition of environmental groups shows that the Royal Bank of Canada provided over US$42 billion in fossil fuel funding last year.
Read more »
Posthaste: Why these economists think the Bank of Canada’s next move will be a cutThe Bank of Canada is widely expected to hold its interest rate at 4.5 per cent on April 12, but what happens next? Read what economists say
Read more »
Majority of economists expect Bank of Canada to keep key interest rate steady through 2023Markets still expect more than 50 basis points of cuts, pricing fuelled by fears last month over stresses in the U.S. and European banking sector
Read more »
Posthaste: Why these economists think the Bank of Canada’s next move will be a cutThe Bank of Canada is widely expected to hold its interest rate at 4.5 per cent on April 12, but what happens next? Read what economists say
Read more »
Full impact of past Bank of Canada interest rate hikes not yet seen: expert - BNN BloombergThe Bank of Canada is widely expected to keep interest rates on hold Wednesday as a string of aggressive hikes has yet to be fully reflected within the economy, one expert says.
Read more »
Posthaste: Why these economists think the Bank of Canada’s next move will be a cutThe Bank of Canada is widely expected to hold its interest rate at 4.5 per cent on April 12, but what happens next? Read what economists say
Read more »