Thursday, 3 April 2025

Focus on Bank of Montreal

FILE PHOTO: A combination photo shows Canadian investment banks RBC, CIBC, BMO, TD and Scotiabank in Toronto, Ontario, Canada on March 16, 2017. REUTERS/Chris Helgren/File Photo
BusinessClimateEmissionsFinanceFuelNatural GasNewsOilPolitics

Canada’s Parliament grills bank CEOs on climate policy in rare meeting

The CEOs of Canada's big five banks reassured MPs about their commitment to fighting climate change, but said reducing funding for fossil fuel...

A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. The CEOs of Canada's five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. THE CANADIAN PRESS/Nathan Denette
BusinessClimateCourtsEnvironmentFinanceNewsPolitics

Bank CEOs to testify at parliamentary committee on climate impacts of finance

The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by...

A parliamentary committee has summoned Canada's big five bank CEOs to talk about the environmental and climate impacts of the financial system. Bank towers are in Toronto's financial district on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Vecz
NewsPolitics

Banks summoned to House of Commons environment committee

OTTAWA — A parliamentary committee has summoned Canada’s big five bank CEOs to talk about the environmental and climate impacts of the financial...

dian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report. Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Vecz
AnalysisBusinessClimateEmissionsFinanceLiquefied Natural GasNatural GasNewsOilTransmission

Canadian banks directed over US$100 billion to oil and gas last year: report

Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...

da's banks left the federal government no choice but to use legislation to force them to label federal deposits the way the government wants, Environment Minister Steven Guilbeault said. Guilbeault leaves caucus on Parliament Hill in Ottawa on Wednesday, March 20, 2024. THE CANADIAN PRESS/Sean Kilpatrick
BusinessEconomyEmissionsFinanceNewsPolitics

Ottawa to force Canadian banks to call carbon rebate by name in direct deposits

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law...

EmissionsFuelNatural GasNewsOilVoluntary Carbon Markets (VCMs)Weather

Canadian energy producers say they are prepared for 2024 drought, wildfire risks

Canadian energy producers say they are prepared and ready for what could be another spring and summer of drought and wildfires in Western...

BusinessNatural GasNewsOil

Rising oil price doesn’t shake Canadian industry talk on spending discipline

The price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is...

IndigenousNewsPoliticsUtilities

Canada’s Indigenous peoples eye big energy deals, await Trudeau loan promise

Canada's First Nations are eyeing the opportunity to invest in multi-billion-dollar energy projects, hinging on Prime Minister Justin Trudeau keeping a promise to...

ClimateEnvironmentNews

Canadian banks face ESG-related proposals at AGMs, but little new on climate

TORONTO — Canadian banks face another round of shareholder proposals focused on environmental, social and governance issues at their annual meetings this year,...

Login into your Account

Please login to like, dislike or bookmark this article.