Americas > Major Canadian banks will continue to finance oil and gas as part of the energy transition

Major Canadian banks will continue to finance oil and gas as part of the energy transition

Published 01:58 on June 14, 2024  /  Last updated at 01:58 on June 14, 2024  / Allison Gacad /  Americas, Canada, Climate Talks

Canada’s five major banks are committed to serving their oil and gas clients towards long-term net zero goals, executives said before a parliamentary committee on Thursday, as elected officials questioned the specifics of the firms’ climate goals.
Canada’s five major banks are committed to serving their oil and gas clients towards long-term net zero goals, executives said before a parliamentary committee on Thursday, as elected officials questioned the specifics of the firms’ climate goals.


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