Canadian lender Desjardins may stop pipeline loans
It's the largest association of credit unions in North America and a backer of the Trans Mountain project
Canadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said on Saturday, citing concerns about the impact such projects may have on the environment.
Desjardins, the largest association of credit unions in North America, on Friday temporarily suspended lending for such projects and may make the decision permanent, spokesman Jacques Bouchard told Reuters by telephone. -- More...