Vancity has cut ties with Enbridge, citing a scathing U-S report on how the company handled a 2010 oil spill in Michigan. The credit union says it has parted ways with the Calgary-based company which is trying to build the Northern Gateway Pipeline because it no longer meets its criteria for socially responsible investments. An environmental … [Read more...]
Environmentalists take VanCity to task over investments
May 9, 2012 by
A non-profit environmental group says the President of Vancity has said the credit union will likely divest from Enbridge if the Northern Gateway Pipeline project goes forward. Director of Wildcoast.ca, Zoe Blunt says Vancity is taking a resolution to Enbridge's Annual General Meeting Wednesday, instructing the company to withdraw its … [Read more...]
