Why Hollywood Celebrities Are Petitioning Against a Canadian Bank Mar 23rd

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Why Hollywood Celebrities Are Petitioning Against a Canadian Bank

– canadianbusiness.com

Royal Bank of Canada’s financial support for the Coastal GasLink pipeline is generating some star-studded opposition.

More than 65 celebrities, including award-winning actors, directors and musicians, have joined Indigenous climate activists in signing a petition calling on RBC and its subsidiary, Los Angeles-based City National Bank (CNB), to stop financing fossil fuel projects. The petition asks for the immediate defunding of the controversial Coastal GasLink project.

The petition, called No More Dirty Banks, includes signatures from Hollywood heavyweights Mark Ruffalo, Scarlett Johansson, Ava DuVernay, Robert Downey Jr., Leonardo DiCaprio, Jane Fonda, Taika Waititi, Michelle Pfeiffer and Edward Norton, among other clients of CNB, which has been dubbed the “Bank to the Stars” for its celebrity clientele.

RBC has provided financing for the 670-kilometre-long pipeline, owned by TC Energy and estimated to cost a total of over $6.6 billion, which would deliver natural gas from northeastern British Columbia to a port facility in Kitimat, and would cut through the traditional territory of the Wet’suwet’en Nation…

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