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Hollywood A-listers push for RBC to stop financing Coastal GasLink pipeline in northern B.C.

鈥楴o More Dirty Banks鈥 has over 65 Hollywood signatories calling on banks to pull out of fossil fuel projects
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Mark Ruffalo along with Gidimt鈥檈n Checkpoint oppostion leader Sleydo鈥 called on RBC to stop financing fossil fuel projects like Coastal GasLink in northern B.C., during a virtual conference this morning. (Screenshot/Gidimt鈥檈n Checkpoint)

More than 65 Hollywood celebrities and Indigenous climate activists have signed a petition asking Royal Bank of Canada (RBC) and its subsidiary City National Bank (CNB) to stop financing fossil fuel projects and defund the Coastal GasLink pipeline in northern B.C.

The petition called 鈥楴o More Dirty Banks鈥 includes high profile signatories such as Mark Ruffalo, Leonardo DiCaprio, Scarlett Johansson, Robert Downey Jr., Jane Fonda, Brando Boyd, Edward Norton, Ben Stiller, Patti Smith among others who are allegedly CNB鈥檚 clients.

鈥淚t has come to the undersigned鈥檚 attention that our industry鈥檚 premier 鈥榖ank to the stars鈥, City National Bank (CNB), has a problem,鈥 read the statement.

鈥淚ts parent company, Royal Bank of Canada (RBC), is financing the climate crisis and disregarding the rights of Indigenous Peoples.鈥

The campaign has called on RBC to withdraw support from the Coastal GasLink pipeline 鈥渆ffective immediately.鈥

The call to action by Hollywood A-listers also comes a day after RBC snubbed a March 11 deadline issued by Wet鈥檚uwet鈥檈n Hereditary Chiefs for the same demand made last month after they met with several high ranking members from the bank.

Earlier today, Gidimt鈥檈m Checkpoint鈥檚 key leader Sleydo鈥 (Molly Wickham) spoke at a virtual conference, which was organized to reiterate the demands to RBC.

Sleydo鈥 was joined by actor Mark Ruffalo who also called for public pressure on the banks to stop funding fossil fuel energy.

鈥淭he signatories in this letter have core values that the RBC is violating,鈥 Ruffalo said, adding, that while they do not wish to leave their bank, they do not want their money in any way associated with the 鈥渂rutalization and erasure of any First Nations people.鈥

鈥淎t this point, the most effective thing any of us can do is pull our money out of institutions that continue to fund the fossil fuel industry,鈥 Ruffalo added.

RBC鈥檚 financing of the Coastal GasLink pipeline has been the subject of scrutiny since last December when Greenpeace Canada activists protested outside the bank鈥檚 corporate headquarters in Toronto for funding fossil fuel projects. Activists claimed back then that Canada鈥檚 top five banks are providing 1.95 billion in financing for the CGL project.

Wet鈥檚uwet鈥檈n Hereditary Chief Woos and Sleydo鈥 had also called on TD Bank and international shareholders such as the National Australia Bank to divest from the $6.6 billion natural gas pipeline project, without any luck.

In an email statement, RBC spokesperson Rafael Ruffolo said the bank will not be commenting on this issue at the moment.

This is not the first time celebrities expressed solidarity with the CGL pipeline opposition in northwest B.C. which saw the RCMP arrest almost 30 people between November and Dec. 2021, while enforcing a court-ordered injunction.

Skeena B.C. MLA Ellis Ross called out American actor Leonardo DiCaprio for his 鈥渕isinformed,鈥 polemical comment about the issue in November last year.

鈥淏y encouraging illegal activity in the name of 鈥榗onservation鈥 you are, in reality, harming the hard-working people 鈥 Indigenous and non-Indigenous 鈥 who are leading the way on providing environmentally sustainable solutions for my province,鈥 Ross, a former chief councillor for the Haisla First Nation, had told DiCaprio in an open letter back then.

The 670-kilometre-long CGL pipeline in northwestern B.C. by TC Energy is being built to deliver natural gas from the Dawson Creek area to an LNG Canada facility under construction in Kitimat.

Pipeline opponents have repeatedly stressed environmental concerns of the pipeline being built under the Wedzin Kwa (Morice River), without consent from hereditary chiefs.

However, 20 elected First Nation councils along the pipeline corridor had signed off on the project since its inception.

Last week, 16 out of those 20 First Nations, also signed an equity option-agreement with CGL鈥檚 parent company TC Energy to become stakeholders. The list includes Witset First Nation (formerly Moricetown), the Skin Tyee, the Wet鈥檚uwet鈥檈n First Nation (formerly the Broman Lake Band), the Burns Lake Band and the Cheslatta First Nation among others.

As part of this agreement, the First Nations are poised to take a 10 per cent ownership stake in the CGL project once the pipeline goes into operation.

In a statement, TC Energy said it is very concerned that important facts are not being shared with groups and individuals who are concerned about Indigenous rights and climate change issues.

鈥淥ur Indigenous partners have been instrumental in the construction of Coastal GasLink. Since construction began, over $1 billion in contracts have been awarded to local Indigenous businesses and significant capacity is being developed in these communities through these partnerships and local job creation,鈥 said a TC Energy spokesperson.

In the same statement, the company also said Coastal GasLink will deliver responsibly sourced and lower carbon supply of Canadian natural gas, through Liquefied Natural Gas (LNG) to global markets which will offset more carbon intensive energy sources around the world.



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