(March 24, 2001; Toronto, ON) Today a network of groups launched “RBC Revealed” to inform Canadians, investors, and shareholders about the misleading environmental claims of Canada’s largest bank, which continues to funnel billions into fossil fuels. The launch comes the same day as new global data from Rainforest Action Network and partners reveals the extent of RBC’s and other Canadian big banks’ fossil fuel financing. In Banking on Climate Chaos, the respected annual global ranking of banks financing fossil fuels shows that since the Paris Climate Agreement, RBC has financed C$208 billion in fossil fuels, with the big five Canadian banks collectively financing C$726 billion, including C$299 billion in expansion projects. “By continuing to provide project-critical financing to projects such as Enbridge’s Line 3, RBC is directly trampling upon the rights of First Nations peoples that have been recognized and affirmed through the UN Declaration on the Rights of Indigenous Peoples, including that of Free, Prior and Informed Consent,” stated Kukpi7 Judy Wilson, Secretary-Treasurer of the Union of BC Indian Chiefs. “RBC must be accountable to their direct contributions to the endangerment of Indigenous Title and Rights, health, and welfare by immediately adopting the principle of FPIC and taking substantive action to stop funding industrial megaprojects that do not have Indigenous consent.”        

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Click to reserve your seat    Join Stop the Money Pipeline on Friday, March 19th, at 10:00 am Pacific, noon Central, to demand the US and Canadian banks providing financing for Enbridge to build tar sands pipeline Line 3 stop funding climate chaos (including any potential sale of Trans Mountain pipeline). During the rally we will hear from Indigenous frontline leaders who are taking bold direct action to stop construction, youth organizers who are fighting the pipeline and Stop the Money Pipeline organizers who will share the next steps in the #DefundLine3 campaign. Featuring: Charlene Aleck just completed her third term as elected council of Tsleil-Waututh Nation (TWN), a First Nations government in the Canadian province of British Columbia. She is working on the TWN Sacred Trust Initiative team, whose mandate is to oppose the Trans Mountain Expansion Project pipeline. She is a mother of four and a grandmother. Tara Houska (Couchiching First Nation Anishinaabe) is a tribal attorney, founder of Giniw Collective, and a former advisor on Native American affairs to Bernie Sanders. She spent six months on the frontlines fighting the Dakota Access Pipeline, and is currently engaged in the movement to defund fossil fuels and a years-long struggle against Enbridge’s Line 3 pipeline. She is a co-founder of Not Your Mascots, a group committed to positive representation of Native peoples. Abby Hornberger is a senior at the University of Minnesota studying environmental science and sustainability. After moving to Minneapolis from Chicago, she was exposed to corporate investments in fossil fuel infrastructure in Minnesota. Through frontline resistance, giving public testimony and urban bank actions, she has been involved in pipeline resistance for 2 1/2 years.