Canadian banks face squeeze between climate expectations and market pressures

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Canada\u0027s banks have been moving away from oil and gas but not with the urgency activists want. Read more

“I think for the most part, what they find is there just aren’t a lot of renewable energy or sustainable projects to fund that meet their risk-return characteristics,” he said.

The accountancy firm found that in the second quarter, lending growth slowed to five per cent quarter over quarter, compared with an average of 8.3 per cent in the past two years.Article content

 

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Canadian banks face squeeze between climate expectations and market pressuresCanada\u0027s banks have been moving away from oil and gas but not with the urgency activists want. Read more
منبع: financialpost - 🏆 7. / 85 ادامه مطلب »

Canadian banks face squeeze between climate expectations, market pressuresTORONTO — In May, Canadian banks offered support to those affected by an early wave of wildfires in Alberta. In June, they extended the offer to those hit in Nova Scotia, and some expanded it further as fires also raged in Quebec and Ontario.
منبع: SooToday - 🏆 8. / 85 ادامه مطلب »

Canadian banks face squeeze between climate expectations, market pressuresAsked directly whether they were adjusting climate plans in light of the record-breaking wildfires and global heat, Canada’s biggest banks largely stuck to their established messages
منبع: globeandmail - 🏆 5. / 92 ادامه مطلب »

Canadian banks face squeeze between climate expectations, market pressuresWhile banks recognize that Canadians are living through a wildfire season like no other, activists say they aren't delivering where they're most needed: on efforts against the climate change trends making the infernos worse.
منبع: CTVNews - 🏆 1. / 99 ادامه مطلب »

Canadian banks face squeeze between climate expectations, market pressuresIn May, Canadian banks offered support to those affected by an early wave of wildfires in Alberta. In June, they extended the offer to those hit in Nova Scotia, and some expanded it further as fires also raged in Quebec and Ontario.
منبع: timescolonist - 🏆 15. / 75 ادامه مطلب »