Are you looking for a bank or credit union that is more concerned with being a social justice warrior than with banking? Sadly, that’s exactly what The Desjardins Group - a credit union largely based in Ontario and Quebec - is doing.
Desjardins announced they would temporarily suspend their involvement in financing Canadian energy projects such as the Kinder Morgan Pipeline after receiving a letter from dozens of far left environmental activist groups many based outside of Canada.
These groups made several dubious and unfounded claims against the Canadian oil industry and our proposed pipelines.
While it would usually fall to us at The Rebel to lead the campaign against Desjardins since so few institutions on the right or associated with the oil and gas industry are willing to fight back, but that’s no longer the case.
The Independent Contractors and Businesses Association of BC is once again fighting fire with fire.
Watch as their spokesman Jordan Bateman tells me how the ICBA is ending their business relationship with Desjardins and starting a campaign to fight against their decision to bow to pressure from foreign activist groups.
Imagine for a minute what TransMountain and Kinder Morgan must be thinking as a financial institution that originally agreed to finance their pipeline after they jumped through regulatory hoops and won political battles, now a mere two months away from breaking ground, and they hear some foreign activists are trying to collude with Desjardins and other financial institutions to stop the financing?
I’d be pretty damn upset, and if I’m a Kinder Morgan executive in Texas, I’m probably thinking I may never invest another dollar in Canada if it’s held hostage by environmentalists and virtue signalling Credit Unions.
If you want to add your voice and send a message to Desjardins, go to www.get2yes.icba.ca.