I just finished spending two weeks with some of my favorite organizers in Toronto. In the midst of strategizing to have an impactful presence at the Royal Bank of Canada‘s Annual General Shareholder’s meeting (AGM), we went on a training tour to reach out communities all over Ontario. The response has been tremendous. RAN Toronto [...]
Continue reading...Wednesday, February 10, 2010
In the last couple of weeks a slew of articles have come out announcing last year’s earnings for some of our favorite CEO’s. • JP Morgan Chase’s CEO Jamie Dimon received a bonus of over $16 million ; • General Mills Inc. chairman and CEO Ken Powell received $13.4 million in compensation, up 105 percent [...]
Continue reading...Sunday, January 31, 2010
After more than a year of denial, RBC may be admitting that it has a problem in the tar sands. Tomorrow, we’ve learned that RBC will host a group of more than a dozen international banks for what it calls a “day of learning”. The meeting comes just eight weeks after our letter to 68 [...]
Continue reading...Sunday, January 31, 2010
As an ode to the “rank ‘em and spank ‘em” strategy coined by our outgoing Executive Director Mike Brune, we proudly present the following roster of international banks backing expansion in the tar sands. The table below is based on credit extended underwritten by each bank to companies operating in the tar sands since 2007 [...]
Continue reading...Wednesday, January 27, 2010
Tar Sands Financing Causes Global Embarrassment for Nation’s Largest Bank It isn’t often that Rainforest Action Network heads to Davos for the opening of the World Economic Forum (WEF). But that’s just what our tar sands campaigner, Brant Olson, is doing. Why? Because as world leaders gather at Davos today to discuss the year’s economic [...]
Continue reading...Thursday, January 14, 2010
An article from Patricia Best in this week’s Macleans magazine offers a peek into how RBC is responding to RAN’s campaign. Here’s a peek into how RAN is responding to RBC. But first a note to set the record straight. RBC Spokeswoman Katherine Gay claims in the Macleans article that our research into RBC financing [...]
Continue reading...Thursday, November 12, 2009
Written by Dave Vasey from RAN Toronto. On Tuesday, RAN activists disrupted a speech by Gordon Nixon, president of RBC at Ryerson University. Nixon was speaking as part of a business conference on Canadian Manufacturing. RAN activists interrupted the speech four times with banners and comments, as well as once during the question and answer [...]
Continue reading...Tuesday, October 27, 2009
Written by Maryam Adrangi and Eriel Tchekwie Deranger. A group of Canadian climate change activists – including RAN campaigner Eriel Deranger, and numerous members of RAN Toronto – caused a ruckus in Canada’s Parliament yesterday. In doing so, they brought their demands for bold action on climate change directly to the country’s leaders – and [...]
Continue reading...Monday, October 19, 2009
So I really like the Winter Olympics – they really put the Summer Olympics to shame. Hockey, luge, figure skating, bobsledding, downhill skiing… and even that sport that combines cross-country skiing and target shooting! (Whose idea was that??) But this year, a wide variety of activists, in B.C. and beyond, are reminding us that the [...]
Continue reading...Thursday, September 24, 2009
RBC CEO Gord Nixon should be putting his bank’s money where his mouth is. Last week, he offered an incoherent defense of RBC’s “balanced approach” to the environment after RAN activists confronted him on the bank’s financial support for expansion of Canada’s tar sands. Recognizing his stumble, Nelson hit the papers this week to explain. [...]
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Friday, February 12, 2010
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