TD financed tar sands companies to the tune of 27.45 billion U.S. dollars between 2016 and 2021. Tar sands are also known as oil sands, and are used to produce gasoline and other petroleum products. Companies involved in tar sands production received 27.4 billion U.S. dollars in financing from another Canadian bank, RBC, within the same period.
Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021
(in billion U.S. dollars)
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Rainforest Action Network. (April 5, 2022). Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 10, 2025, from https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed
Rainforest Action Network. "Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed February 10, 2025. https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed
Rainforest Action Network. (2022). Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 10, 2025. https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed
Rainforest Action Network. "Cumulative Financing of Tar Sands Companies by Selected Banks Worldwide from 2016 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed
Rainforest Action Network, Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed (last visited February 10, 2025)
Cumulative financing of tar sands companies by selected banks worldwide from 2016 to 2021 (in billion U.S. dollars) [Graph], Rainforest Action Network, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1090342/bank-financing-tar-sands-companies-globally/?__sso_cookie_checker=failed