Filmmakers, celebs ask TIFF to cut ties with sponsor RBC over environmental concerns

TORONTO — A group of Canadian filmmakers have joined forces with Hollywood A-listers in asking the Toronto International Film Festival to end sponsorship ties with the Royal Bank of Canada because of the financial institution's funding of the oil and gas industry.

Kephart and Gutierrez started the campaign, which they say is supported by more than 200 entertainment industry workers. The group's statement says RBC is one of the largest financiers of oil and gas projects in the world and supports projects that have negatively impacted Indigenous lands and BIPOC groups.

“When it comes to climate change, we strongly believe that more action and at a faster pace is needed to address it. We are actively engaging with our clients and partners to identify opportunities to do more in delivering on shared objectives,” Bannan said. "A lot of these film organizations like TIFF have excellent climate programs. But these climate programs really stop at questioning the slightly larger picture — where does the money come from? There's this myopia right at that minute when it comes to corporate associations."

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