Quoting from BankTrack.org:
“For the first time since 2019, a Canadian bank is the #1 annual financier of fossil fuels rather than US bank JP Morgan Chase. Royal Bank of Canada (RBC) showered fossil fuel projects with US$ 42.1 billion dollars in 2022, including US$ 4.8 billion for tar sands and $7.4 billion into fracking. Canadian banks are becoming the banks of last resort for fossil fuels, providing US$ 862 billion to fossil fuel companies since the Paris Agreement.”
This is why we protest at RBC once a month.
