Will Canada’s banks kill us?

Two white men shaking hands. Credit: RMIT Melbourne

Terrifying.

When I look for #financialadvice at any major Canadian bank, I see virtually no mention of anything but money. No genuine concern for whether we will survive the #climatecrisis, #ecologicalbreakdown, #war and #militarism. The entire system is fundamentally divorced from the very thing that gives us life — our #ecosystem / #ecology / #environment . Or in short, the things we need every day: food, air and water.

Sure, there’s a niche for #ESG / #ImpInv / #SustainableFinance / #SustainableInvestment — and that’s great! All the financialadvisors in the world will tell you, “sure, that’s great, but” you’ll make much more money investing in the death machine, the military-industrial complex. Most people continue to dedicate their time and energy mindlessly to #fossilfuels and destruction. If you dare to do otherwise — kudos, you’re in a small but hopeful minority!

Our financial system is nothing short of obsolete, corrupt, suicidal. Will we see beyond our money?

“When the last tree is cut, the last fish caught, the last river poisoned, only then will we will realize, too late, that wealth is not in bank accounts, we can’t eat money.” — Indigenous saying

Doing business with RBC, TD, Scotiabank, BMO or CIBC means perishing in the  #climatecrisis and #greenwash — rather than real #sustainability — let alone the long overdue #energytransition, #frugality, even #degrowth.

While we look for comfort to our bank balance, our net worth — how can we look our kids in the eye? Fully knowing how they will die slow deaths from floods, firestorms and war, thanks only to our short-sightedness and greed.

We can and must do better!

Photo credit: RMIT on flickr, Creative Commons, CC BY-NC-ND 2.0.