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Canadian Banks take top spot as fossil fuel financers in 2022 — dubbed ‘Lenders of Last Resort’ by oil companies
According to an annual report on fossil fuel financing by a coalition of campaign groups, Royal Bank of Canada (RBC) has overtaken JPMorgan as the

New federal rules will require banks disclose the greenhouse gas emissions associated with their investments and lending
The Canadian federal government has announced new regulations that require financial institutions to strengthen their efforts towards addressing climate change. The regulations are part of

Climate change looms as biggest security threat warns new spy agency brief
The Canadian Security Intelligence Service (CSIS) has issued a new report warning that climate change is one of the biggest national security threats facing Canada.

Ottawa says it’s willing to hold big banks accountable for their climate pledges
High-ranking Liberals responsible for the government’s climate file say financial institutions will be held to their net-zero commitments — with regulations, if necessary. “Nothing is off

Bank of Canada Holds Rates Steady
The Bank of Canada decided Wednesday to keep its trend-setting interest rate right where it is, at 4.5 per cent. It’s the first time