August 2020

Indigenous Peoples and Human Rights

Thursday, April 7, 2022

Royal Bank abruptly cancels in-person meeting as Wet'suwet'en Chiefs prepare to confront bank


Photo by Joshua Best




At Royal Bank of Canada shareholder meeting, Wet’suwet’en Hereditary Chiefs call for an end to fossil fuel finance

THURSDAY APRIL 07, 2022

Kicking-off shareholder season, Indigenous land defenders, climate finance experts, youth activists ramp up pressure on RBC

Traditional territories of the Ho-de-no-sau-nee-ga (Haudenosaunee), Anishinabewaki ᐊᓂᔑᓈᐯᐗᑭ, Mississaugas of the Credit First Nation, Mississauga, and Wendake-Nionwentsïo First Nations (so-called Toronto, Ontario, Canada) – Despite abruptly canceling the in-person portion of their annual general meeting (AGM) today, the Royal Bank of Canada (RBC) faced growing calls to phase out coal, oil, gas, and tar sands funding, and instead invest in a safe, and renewable future.

Wet’suwet’en Hereditary Chiefs and climate finance experts asked the RBC Board and management about their role in violating Indigenous rights by bankrolling projects that perpetuate genocide against Indigenous Peoples, such as the Coastal GasLink pipeline, as well as the role of RBC’s fossil fuel financing contributing to the climate crisis. Melina Laboucan-Massimo, the co-founder of Indigenous Climate Action, spoke to shareholders about how RBC’s financing of the tar sands has detrimental impacts to her homelands, the health of Indigenous people on their territory and to the climate.


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