Carney’s GFANZ came close to being hit by U.S. antitrust provisions that would have seen BlackRock, State Street, Bank of America et al, who set up to debank oilcos & would’ve been fined triple damages, on civil probabilities
They short arsed it out of Carney’s green conspiracy
At peak Trudeau we had a room full of TD folks in our boardroom and flat out asked them if there was a hidden mandate to debank oil and gas related companies. We could feel it, but they still liked taking that oilfield cash. Similar discussions with insurance cos.