Have you heard how some pipeline activists in the States are asking people to drop their banks b/c they're invested in the pipelines? 'How Standing Rock’s Divest Campaign Can Stop Future Pipelines' -yesmagazine I know TD bank is profiting from it and I've been meaning to drop them for a while(stupid fees and shitty mutual funds)this is just the icing on the cake
Yes, I’m aware. There’s also been some activism to do the same in Canada. Its not just TD; RBC and Scotiabank are also investors in that pipeline.
For those curious here are the Canadian banks that are investing into the Dakota Access Pipeline:
TD Securities is directly financing $365 million toward the construction of the DAPL and, additionally, the oil and gas infrastructure projects of one of the pipeline’s joint owners, Dallas-based Energy Transfer Partners. RBC and Scotiabank are providing $341 million and $100 million respectively toward Energy Transfer Partners and Sunoco Logistics, another joint owner of the DAPL.
From this article:
