Protesters occupy TD Bank at Port Place Shopping Centre on Friday evening. (Greg Sakaki/News Bulletin)

Protesters occupy TD Bank in Nanaimo, want an end to fossil fuel investments

Extinction Rebellion organizes march, short occupation, rally

A short occupation at TD Bank in downtown Nanaimo shut down bank business at the end of the work day Friday.

Extinction Rebellion Nanaimo organized a march, occupation and demonstration to draw attention to the financial industry’s investment in fossil fuel production.

Protesters met at Diana Krall Plaza, marched to the TD Canada Trust at Port Place shopping centre and remained there until closing time at 6 p.m. Bank management closed teller services early because of the occupation, but customers continued to use the ATM vestibule.

“Our intention today wasn’t to shut the bank down. We saw that this might be something that could happen … but our goal today was actually to just reveal some of the truths about where TD Bank’s investment is,” said Deraek Menard, spokesperson for XR Nanaimo.

According to a press release sent out earlier in the day, Extinction Rebellion Nanaimo is asking TD Bank to stop financing expansion of fossil fuel extraction and infrastructure. XR also wants TD Bank to commit to phase out fossil fuel financing in a time frame in line with limiting global warming to 1.5 C.

READ ALSO: Nanaimo protesters join in on global climate strike

“We’re not going to sit by idly while major financial institutions in this country are taking us down a path that not only is putting us in an economically precarious position … but we’re also pushing for it because our futures are on the line here,” Menard said.

He said the occupiers were hopeful of talking on the phone with TD Bank CEO Bharat Masrani. That didn’t happen by closing time, and the protesters left the bank and continued their demonstration outside with performance art.

A TD Bank regional spokesperson was not available for comment as he was travelling.


More from the News Bulletin on Facebook and Twitter

protest

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

Protesters gather outside the TD Bank at Port Place mall in Nanaimo. (Greg Sakaki/News Bulletin)

Just Posted

No more ferries will sail from Departure Bay during COVID-19 pandemic

B.C. Ferries announces major changes to sailing schedules starting Saturday, April 4

Nanaimo man arrested after allegedly setting house fire

Firefighters arrived to find mobile home ablaze on Barnes Road in Cedar on Thursday

Suspect with pellet gun draws serious police response in downtown Nanaimo

Officers respond with guns drawn at Port Place shopping centre

City of Nanaimo takes measures to protect people experiencing homelessness during pandemic

City to provide additional water sources and washrooms, council directs creation of food plan

Nanaimo Art Gallery teen art group creating COVID-19-inspired art

Code Switching group lives on online after physical meetings cancelled due to pandemic

From inside the ER: B.C. doctor tells it like it is from the frontlines of COVID-19

‘Stay home. It’s working,’ says ER doctor in a Q&A discussion, ‘And please don’t worry.’

Don’t stop going to the doctor, just do it virtually: B.C. association

Doctors encourage patients to access telephone, online visits

Businesses advised to prepare for federal, B.C. COVID-19 assistance

Canada Revenue Agency portal expected to open next week

Dogs are property, not kids, B.C. judge tells former couple

Court decision made on competing lawsuits over Zeus and Aurora — a pit bull and pit bull cross

B.C. senior gives blood for 200th time, has ‘saved’ 600 lives

There was no cutting of cake for Harvey Rempel but he’s challenging youth to start donating blood

Trudeau commits $100M to help food banks amid COVID-19 crisis

Funds will help ‘urgent food needs’ for Canadians awaiting federal emergency benefits to kick in

Couple won’t self-isolate after returning from overseas: Cowichan by-law

New law requires 14 days of self-isolation when returning to Canada

How well can cell phones carry COVID-19? Disinfecting may be wise

‘You want to keep it as clean as you would normally your hands’

3M pushes back on Trump administration call to stop sending N95 masks to Canada

3M says it has already been turning out as many of the N95 masks as possible

Most Read