Setting the record straight on the day’s top anti-oil and gas media stories
ACTIVIST CLAIM: Foreign funded activists protest Canadian RBC for supporting Coastal Gaslink which they falsely call anti indigenous
THE FACTS: Banks supporting the oil and gas industry means supporting the 13,900+ Indigenous workers directly employed in the oil and gas industry.
Here are some facts and sources to have a reasoned conversation about investing in Canadian oil and gas:
- Activists falsely claim that Indigenous people oppose Coastal GasLink and ignore the fact that 100% of elected First Nation councils support the project and have signed benefits agreements for their communities.
- Banks supporting the oil and gas industry means supporting the 13,900+ Indigenous workers directly employed in the oil and gas industry.
- Canadian banks financing Canadian oil and gas projects ensures that the suppliers of energy won’t shift to countries that are more polluting, less transparent, and less sensitive to societal pressures. Divesting from best in the world Canadian oil and gas is bad for the planet.
- Banks investing in the Canadian oil and gas industry means they are investing in an industry that spends the most of any other industry on cleantech.
Stories that get it right
Jordan Jolicoeur, president, and CEO of Carvel Electric writes about the opportunity the oil and gas industry has given him as someone of Metis descent. After taking over the family business with his brother in 2014, Carvel expanded industry-wide. He believes the oil and natural gas industry is in the corner of Indigenous people and they are doing things right. The voices of Indigenous people are now being heard and are part of important discussions such as major resource developments.