The second iteration of the Bloomberg New Energy Finance report, released last December, highlighted how, for the second year in a row, Canadian banks rank amongst the worst in the world when measured on how much funding is directed to fossil fuels versus renewable energy. Last December, while testifying at the Senate banking committee studying Bill S-243 — the Climate-Aligned Finance Act — Superintendent of
Canada’s Banks Investing in Climate Disaster
The second iteration of the Bloomberg New Energy Finance report, released last December, highlighted how, for the second year in a row, Canadian banks rank amongst the worst in the world when measured on how much funding is directed to fossil fuels versus renewable energy. Last December, while testifying at the Senate banking committee studying Bill S-243 — the Climate-Aligned Finance Act — Superintendent of