The five largest Canadian banks have doubled their funding for oil sands production and related projects in Canada to $16.8 billion last year, amid a global energy shortage, according a April 11 report by the Financial Times. This is despite the five leading Canadian banks’ agreement last year to join the U.N.’s Net-Zero Banking Alliance, led…
Top Canadian Banks Have Increased Financing for Oil Sands Production
April 11, 2022
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