Protestors across Canada demonstrate against RBC’s fossil-fuel funding - Terrace Standard

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Protestors across Canada demonstrate against RBC’s fossil-fuel funding

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.

Eve Saint, a Wet’suwet’en land defender and daughter of hereditary Chief Woos who spoke at the Toronto protest, said a Wet’suwet’en delegation is heading to the AGM intent on getting answers from RBC president and CEO Dave McKay. “We are committed to achieving net-zero in our lending by 2050 and have established interim emissions reduction targets that will help us drive action and measure progress,” he said in an email. “These targets are informed by science and reflect a measured and deliberate approach to climate action.”

The 670-kilometre project, which is currently under construction and runs through Wet’suwet’en traditional territory in British Columbia, has been the focus of ongoing demonstrations and arrests. Hereditary chiefs oppose the pipeline, while the elected council of the Wet’suwet’en First Nation and others nearby have agreed to support it.

 

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