Carbon49 – Sustainability for Canadian businesses: Why Do Banks Invest in Big Oil?

For profits, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits? I look into the study’s methodology and see ...

Left Over: Banks? Fuggetaboutit………

RBC replaces Canadian staff with foreign workers Axed employee blows whistle; federal government investigating By Kathy Tomlinson, CBC News Posted: Apr 6, 2013 5:31 PM PT This is going to sound like an unpaid ode to Credit Unions, so be it…in this case, because I know it best, VanCity…not only are Credit Unions competitive with bank ...