Hollywood Stars Ask Toronto Film Festival to Drop RBC as Sponsor

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A group of Hollywood A-listers including Mark Ruffalo and Joaquin Phoenix are calling on the Toronto International Film Festival to drop the Royal Bank of Canada as a sponsor, calling the firm “one of the most polluting companies” in Canada.

The open letter, signed by over 200 film industry professionals, asks TIFF Chief Executive Officer Cameron Bailey to discontinue the organization’s relationship with Canada’s biggest bank for the 2024 edition of the festival.

“If we are to play a meaningful role in countering the climate crisis and stand in solidarity with Indigenous Peoples, we cannot be blind to our industry’s role in shaping culture,” said the letter, which includes a list of signees as of Wednesday. “We cannot implicitly endorse RBC by allowing it to be the leading partner of Canadian film.”An RBC spokesperson, Stephanie Bannan, said the bank’s view is that “more action and at a faster pace is needed to address” climate change.

 

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