B.C. child killer's lawyer walks out of review hearing
The lawyer representing child-killer Allan Schoenborn walked out of his client's annual review hearing Wednesday – abruptly ending proceedings marked by tense exchanges and several outbursts.
HSBC it is bringing a suite of sustainable finance tools to Canada the bank says will help small and medium businesses meet increasing expectations around environmental commitments.
Larger companies and institutions are increasingly evaluating the sustainability performance of their supply chains to meet their own green goals, said Alan Turner, head of commercial banking at HSBC Bank Canada, so smaller companies have to demonstrate too.
"There's a need for the smaller businesses to be able to demonstrate that they are aligned to what the large corporate institutions have set out is their position," Turner said.
The products announced Tuesday by HSBC include green deposits, which makes a company's cash reserves available to support green projects, sustainable financing tools around trade and equipment, and a general loan whose interest rate is tied to environmental targets.
Turner says they contrast with green bonds and green loans, which have focused on government lending and large corporations.
Multinational banks like Standard Chartered PLC and Citigroup Inc., as well as several U.S. banks have launched green deposits in recent years, but HSBC says that they are the first to bring the option to Canada.
BMO is also active in the sustainable finance space, having launched its first sustainability-linked loan in 2019 in a deal with Maple Leaf Foods. Earlier this year it announced a green loan for Atlantic Packaging that aligns with a set of standards for the space known as the Green Loan Principles.
Sustainability in the financial services industry is evolving quickly as products like green loans become more standardized and a growing number of banks make commitments to reducing the environmental impacts of their operations and loan portfolios.
In April the industry-led, UN-convened Net-Zero Banking Alliance launched with 57 banks committed to aligning their lending and investment portfolios with net-zero emissions by 2050.
Vancity and HSBC were the only banks operating in Canada that initially signed on to the alliance, though in the last year Toronto-Dominion Bank, Royal Bank of Canada, Bank of Montreal and most recently Canadian Imperial Bank of Commerce have made their own net-zero-by-2050 commitments.
This report by The Canadian Press was first published Sept. 28, 2021.
The lawyer representing child-killer Allan Schoenborn walked out of his client's annual review hearing Wednesday – abruptly ending proceedings marked by tense exchanges and several outbursts.
Drivers in Eastern Canada face a big increase in gas prices because of various factors, especially the higher cost of the summer blend, industry analysts say.
A Winnipeg woman was sentenced to house arrest after a single date with a man she met online culminated in her harassing him for years, and spurred false allegations which resulted in the innocent man being arrested three times.
The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming 'house poor' -- where an overwhelming portion of your income is devoured by housing costs. Liew offers some practical strategies to maintain better financial health while owning a home.
In the Indian general election that gets underway on Friday, almost a billion people are eligible to vote, but a vast majority of the overseas Indian community in Canada won't be casting a ballot.
It took years for Vinnie Deluca to collect more than 400 cards worth of free McDonald's McCafe coffee, a collection that now has "zero value" after the company discontinued the program.
Prosecutors in the hush money trial of Donald Trump asked Thursday for the former president to be held in contempt and fined because of seven social media posts that they said violated a judge's gag order barring him from attacking witnesses.
As the United States sets its first national limits on toxic forever chemicals in drinking water, researchers say Canada is lagging when it comes to regulations.
Almost 7,000 bars of pure gold were stolen from Pearson International Airport exactly one year ago during an elaborate heist, but so far only a tiny fraction of that stolen loot has been found.
When Les Robertson was walking home from the gym in North Vancouver's Lower Lonsdale neighbourhood three weeks ago, he did a double take. Standing near a burrow it had dug in a vacant lot near East 1st Street and St. Georges Avenue was a yellow-bellied marmot.
A moulting seal who was relocated after drawing daily crowds of onlookers in Greater Victoria has made a surprise return, after what officials described as an 'astonishing' six-day journey.
Just steps from Parliament Hill is a barber shop that for the last 100 years has catered to everyone from prime ministers to tourists.
A high score on a Foo Fighters pinball machine has Edmonton player Dave Formenti on a high.
A compound used to treat sour gas that's been linked to fertility issues in cattle has been found throughout groundwater in the Prairies, according to a new study.
While many people choose to keep their medical appointments private, four longtime friends decided to undergo vasectomies as a group in B.C.'s Lower Mainland.
A popular highway in Alberta's Banff National Park now has a 'no stopping zone' to help protect two bears.
B.C. resident Robert Conrad spent thousands of hours on Crown land developing an unusual bond with deer.
A Sudbury woman said her husband was bringing the recycling out to the curb Wednesday night when he had to make a 'mad dash' inside after seeing a bear.