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Winnipeggers protest against RBC’s funding for fossil fuel projects – Winnipeg

Winnipegger gathered Saturday to protest the Royal Bank of Canada’s (RBC) funding of fossil fuel projects.

Demonstrations took place across Canada, dubbed “Fossil Fools Day,” and also took place in Edmonton, Toronto, Ottawa, Halifax and Vancouver.

Decolonial Solidarity’s Winnipegger Eric Rae joined the protest and expressed concern that he wanted RBC to stop funding oil pipelines.

“They are the largest financiers of the coastal gaslink pipeline, and without that money, without financiers, the pipeline cannot continue and the genocide will be forced to stop. ”

RBC has outlined plans to cut its funded emissions by 2030, with a target of net zero by 2050, but critics say the target falls far short of what is needed. says.

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Pipeline protesters lift rail line block west of Winnipeg

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Banks have been accused of “greenwashing” when they announced their goals for the decade last fall. It also faces criticism from indigenous leaders who have problems with climate records and funding coastal gas-link pipelines.

Rae says the federal government wants the RCMP to withdraw from Wet’suwet’en lands and end the occupation of indigenous lands.

“This land has been occupied by indigenous peoples for tens of thousands of years, hundreds of thousands of years. I’m trying to pull you out.”

“The people of this country must confront the injustice that has been going on throughout this country since it was founded.”

RBC responds to criticism, saying that “climate change is a grave global challenge and the transition will require one of the greatest economic transformations in generations.” It says it will help support initiatives to reduce emissions and bring green solutions to market.

Using Canadian Press files

© 2023 Global News, a division of Corus Entertainment Inc.

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