Group Stages Mock Death Outside RBC Branches

Rainforest Action Network (RAN) organized a die-in outside two Royal Bank of Canada (RBC) branches to protest the bank’s involvement in the tar sands. The following text is from a press release put out by RAN:

Group Stages Mock Death Outside RBC Branches in Protest of Bank’s Involvement in Dirty Oil

Feigned Collapses Represent Real Impacts of Tar Sands Destruction and Water Pollution of First Nations Throughout Athabasca Delta

RBC Die-in

Toronto - Customers visiting RBC’s newly opened downtown banking centre today were met with the sight of motionless bodies strewn along the pavement in front of the bank entrance. The bodies were those of approximately 15 Rainforest Action Network (RAN) activists who, in protest against RBC’s continued financing of Alberta tar sands production, feigned death after symbolically drinking contaminated tar sands water.

RAN activists take a drink from the Athabasca water cooler.

Leading all other Canadian banks, over the past four years RBC has provided $8.9 billion in financial support to companies operating in the tar sands. The tar sands, which are devastating the regional environment, contaminating water sources, undermining local First Nation’s people’s health and preventing Canada from meeting its climate commitments, have become a source of global shame for Canada. RAN is asking RBC to cease financing tar sands production and instead, provide financing for the production of renewable energy. 

Would you drinking water from the Athabasca River?

“RBC, as Canada’s largest bank, is positioned to lead the country towards a future of energy sustainability and environmental stewardship,” says RAN activist Kimia Ghomeshi. “Instead, RBC has chosen to become the ‘ATM’ for companies seeking financing for dirty tar sands production. I think RBC’s customers would like to know what their bank is doing with the money in their savings and chequing accounts.”

Kimia Ghomeshi describes the RBC as the "ATM for companies seeking financing for dirty tar sands production."

Tar sands projects, which extract and process bitumen, a type of crude oil, have become the leading cause of CO2 emissions growth in Canada. A water intensive process, production has resulted in the creation of over 130 km2 of toxic tailing ponds, which are now estimated to leak 11 million litres of polluted water into the Athabasca watershed daily. Downstream from the tar sands, a Government of Alberta health study has confirmed that First Nations’ communities are now experiencing elevated levels of rare cancers.

RBC Creates Climate Chaos

The protesters emphasized that RBC’s support of tar sands production is not consistent with its public commitments to leadership in the areas of corporate environmental sustainability and water conservation. As Melina Laboucan-Massimo, who is a member of the Lubicon Cree Nation, asked at the recent RBC annual shareholders meeting, “If RBC is serious about supporting clean water, why are they financing projects that are contaminating the lakes and rivers around my community?”

RBC Die-in

RBC’s “Create” PR campaign touts RBC’s environmental credentials. In one TV ad publicizing the RBC ’s Blue Water Project, we are asked to:

“Think of all the water in the world … oceans, rivers, lakes. It may seem like a lot but only a small fraction is fresh water, and there’s only so much to go around, which is why it is so important to protect it.”

In a November 2008 speech to an environmental group, CEO Gordon Nixon proclaimed that “water is the problem of the ages” and that “life depends on water. It’s high time we remembered that.”

"Life depends on water" - RBC CEO Gordon Nixon.

Yet, in contrast to the $3 million in donations under the Blue Water Project in 2008, RBC in the same year financed an estimated minimum of $641 million with oil and gas companies operating in the Alberta tar sands. An estimate of RBC’s total fossil fuel financing based on public records shows over $50 billion financed across all business lines in 2007 (see: www.climatefriendlybanking.org) And since 2002, RBC has directly invested over $63 billion in tar sands companies such as Encana, Suncor, and Canadian Natural Resources.

Drinking from the Athabasca Water Cooler

According to industry information, toxic lakes in the tar sands stretching over 50 km leak over 11 million litres a day of contaminated water into the environment. First Nations downstream are growing increasingly concerned about water quality and elevated cancer levels and have sued the Province of Alberta over adverse environmental impacts. Tar sands are also Canada’s fastest-growing source of greenhouse gas pollution. (more at: www.ran.org/tarsands)

RBC Die-in

RBC Die-in

RBC Die-in

RBC Die-in

RBC Die-in

For more information:

Rainforest Action Network

www.tarsandswatch.org