Canadian financial Giant, Desjardins is considering withholding financing for the Transmountain pipeline project.
But it’s not just Transmountain that Desjardins is rethinking.
The credit union and insurance conglomerate are contemplating not financing any oil and gas projects altogether — but for SJW reasons.
Desjardins cited their concerns about the impacts of energy projects on the environment as the reasons they may not finance energy projects going forward
Greenpeace is celebrating Desjardins, but chances are good that not too many dirty, borderline employable Greenpeace supporters have large holdings in Canadian banks.
Desjardins is largely QC based, so some of this anti-oil madness is predictable.
But what about Desjardins’ 500,000 western Canadian customers?
Desjardins is making their final decision about fossil fuel financing by the end of the year, so if you are a Desjardins customer, now is the time to let them know.
Tell this Canadian company to stop bowing to anti-Canadian activists, and stand up for their Canadian customers and for all Canadian jobs.