Daily Archives: March 3, 2015

March 3rd, 2010: Protest at RBS about its bankrolling of tar sands projects

“On March 3rd, the Royal Bank of Canada will hold its annual general meeting of shareholders’ at the Metro Toronto Convention Centre. It’s the one time every year that the bank’s top executives, board and other decision makers gather in the same place to hear from shareholders. This year, we want them to hear from you!

“Since 2007 RBC has backed more than $16.7 billion (USD) in loans to companies operating in the tar sands—more than any other bank. Expansion of the tar sands is trampling the rights of Indigenous peoples, destroying globally significant ecosystems and significantly increasing Canada’s carbon emissions.

“Representatives from several First Nations impacted by tar sands expansion will attend the meeting to demand that RBC recognize the right to Free, Prior and Informed Consent for Indigenous communities and suspend its financial support for tar sands expansion.”


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