{"id":248908,"date":"2023-07-06T15:37:41","date_gmt":"2023-07-06T19:37:41","guid":{"rendered":"https:\/\/paju.org\/?p=248908"},"modified":"2023-07-10T08:31:37","modified_gmt":"2023-07-10T12:31:37","slug":"canadas-scotiabank-is-funding-israeli-war-crimes","status":"publish","type":"post","link":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/","title":{"rendered":"Canada\u2019s Scotiabank is funding Israeli war crimes"},"content":{"rendered":"\n

On June 3 in Vancouver Canada, Palestine solidarity activists held a flash<\/a> action at the Scotiabank Towers on a busy downtown street. They were there to highlight the complicity of Scotiabank in funding the killing of Palestinians due to its status as the largest foreign investor in the Israeli arms company Elbit Systems.<\/p>\n\n\n\n

Canadian BDS Coalition groups and other allies are developing a grassroots national action campaign to demand that Scotiabank divest immediately from Elbit. The June 3 protest (which followed an info picket calling for freedom for Walid Daqqah) involved several Coalition member organizations and supporters determined to end Scotiabank\u2019s profiting off Palestinian death.<\/p>\n\n\n\n

Scotiabank, short for the Bank of Nova Scotia, is a Canadian multinational financial services company headquartered in Toronto and the third largest Canadian bank.<\/p>\n\n\n\n


In October 2022, Scotiabank\u2019s asset fund<\/a> put $500 million into Elbit Systems Ltd, which amounts to 5% of the company. In April of this year, at the Scotiabank annual shareholders meeting, the ethical investing group Eko presented a petition<\/a> with 12,000 signatories calling on them to divest from the firm and all deadly weapons companies. According to reports, Scotiabank did not respond directly to questions about Elbit at the meeting, but a bank representative \u201ccharacterized all fund decisions as being driven by \u2018the interests of shareholders\u2019.\u201d<\/p>\n\n\n\n

In fact, one of Scotiabank\u2019s asset fund managers and executive David Fingold said in a 2019 interview<\/a>, while extolling the virtues of investing in Elbit, \u201c\u2026the fact that Israel is in a \u2018dangerous neighborhood\u2019 creates a need for Israel to be very creative in defense, and this industry will remain strong here.\u201d<\/p>\n\n\n\n

And then bluntly added: \u201cThe cycle at Elbit is not connected to the state of the economy, but to the state of global arms procurement, and it can be seen that militaries in both Europe and America continue to arm themselves and in particular need upgrades for their old equipment.\u201d<\/p>\n\n\n\n

The campaign<\/a> by Palestine Action in the UK has drawn public attention to Elbit and its horrific record with its \u201cbattle-tested\u201d weapons, especially its killer drones. As Palestine Action notes<\/a>, \u201cElbit Systems, based in Haifa, is Israel\u2019s largest private arms manufacturer and security company. Elbit\u2019s largest customer is the Israeli Ministry of Defence, with Elbit providing up to 85% of Israel\u2019s land-based military equipment and approximately 85% of its drones.\u201d<\/p>\n\n\n\n

According to Defense for Children International \u2013 Palestine, \u201cIsrael, the world\u2019s largest exporter of aerial drones, killed at least 164 children in drone attacks\u201d during<\/a> its 2014 assault on Gaza. And an Elbit drone was reportedly<\/a> used in the infamous attack that same year that killed four Palestinian boys playing on a beach in Gaza.<\/p>\n\n\n\n

Teresa Diewert, a member of BDS Vancouver-Coast Salish, one of the groups involved in the Vancouver picket, stated: \u201cWhile working people struggle to make ends meet, Banks make massive profits while investing in machines of war and death. Scotia Banks\u2019 investment in Elbit Systems makes them complicit in war crimes against the Palestinian people in particular and Canadians should be demanding that Scotia Bank divest from Elbit Systems now.\u201d <\/p>\n\n\n\n

Samidoun, an initiator of the picket, pointed<\/a> out: \u201cPalestine Action\u2019s direct action campaign has caused two Elbit locations in Britain to close already, and the campaign is proceeding at additional Elbit sites. Elbit has been divested by a number of banks, including HSBC, and sovereign wealth and pension funds in Australia, Sweden and Norway.\u201d<\/p>\n\n\n\n

Investments in Israeli war crimes can never be ethical or socially responsible. Activists are determined that this huge investment by Scotiabank in one of Israel\u2019s leading arms manufacturers must not be allowed to continue. It\u2019s time to #ShutElbitDown in Canada and across the world!<\/p>\n\n\n\n

Canada\u2019s Scotiabank is funding Israeli war crimes \u2013 Mondoweiss<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

According to Defense for Children International \u2013 Palestine, \u201cIsrael, the world\u2019s largest exporter of aerial drones, killed at least 164 children in drone attacks\u201d\u00a0during\u00a0its 2014 assault on Gaza. And an Elbit drone was\u00a0reportedly\u00a0used in the infamous attack that same year that killed four Palestinian boys playing on a beach in Gaza.<\/p>\n","protected":false},"author":4,"featured_media":248909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[95],"tags":[],"class_list":["post-248908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-en"],"acf":[],"yoast_head":"\nCanada\u2019s Scotiabank is funding Israeli war crimes - PAJU<\/title>\n<meta name=\"description\" content=\"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada\u2019s Scotiabank is funding Israeli war crimes - PAJU\" \/>\n<meta property=\"og:description\" content=\"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.\" \/>\n<meta property=\"og:site_name\" content=\"PAJU\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pajumontreal\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-06T19:37:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T12:31:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"515\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bruce Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bruce Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\"},\"author\":{\"name\":\"Bruce Katz\",\"@id\":\"https:\/\/paju.org\/fr\/#\/schema\/person\/6d8aed1579a1f4a97e1c552a5f2a891d\"},\"headline\":\"Canada\u2019s Scotiabank is funding Israeli war crimes\",\"datePublished\":\"2023-07-06T19:37:41+00:00\",\"dateModified\":\"2023-07-10T12:31:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\"},\"wordCount\":642,\"publisher\":{\"@id\":\"https:\/\/paju.org\/fr\/#organization\"},\"image\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg\",\"articleSection\":[\"Features\"],\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\",\"url\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\",\"name\":\"Canada\u2019s Scotiabank is funding Israeli war crimes - PAJU\",\"isPartOf\":{\"@id\":\"https:\/\/paju.org\/fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg\",\"datePublished\":\"2023-07-06T19:37:41+00:00\",\"dateModified\":\"2023-07-10T12:31:37+00:00\",\"description\":\"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.\",\"breadcrumb\":{\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage\",\"url\":\"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg\",\"contentUrl\":\"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg\",\"width\":770,\"height\":515},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/paju.org\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canada\u2019s Scotiabank is funding Israeli war crimes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/paju.org\/fr\/#website\",\"url\":\"https:\/\/paju.org\/fr\/\",\"name\":\"PAJU\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/paju.org\/fr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/paju.org\/fr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/paju.org\/fr\/#organization\",\"name\":\"Palestinian and Jewish Unity\",\"url\":\"https:\/\/paju.org\/fr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/paju.org\/fr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/paju.org\/wp-content\/uploads\/PAJU-Logo.png\",\"contentUrl\":\"https:\/\/paju.org\/wp-content\/uploads\/PAJU-Logo.png\",\"width\":696,\"height\":293,\"caption\":\"Palestinian and Jewish Unity\"},\"image\":{\"@id\":\"https:\/\/paju.org\/fr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/pajumontreal\",\"https:\/\/www.instagram.com\/pajumontreal\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/paju.org\/fr\/#\/schema\/person\/6d8aed1579a1f4a97e1c552a5f2a891d\",\"name\":\"Bruce Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/paju.org\/fr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4c65b2117dbb672d0bda009f0367a4721c9271f1f68b1747fb53d7333079d0f1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4c65b2117dbb672d0bda009f0367a4721c9271f1f68b1747fb53d7333079d0f1?s=96&d=mm&r=g\",\"caption\":\"Bruce Katz\"},\"url\":\"https:\/\/paju.org\/fr\/author\/chadi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Canada\u2019s Scotiabank is funding Israeli war crimes - PAJU","description":"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/","og_locale":"fr_FR","og_type":"article","og_title":"Canada\u2019s Scotiabank is funding Israeli war crimes - PAJU","og_description":"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.","og_site_name":"PAJU","article_publisher":"https:\/\/www.facebook.com\/pajumontreal","article_published_time":"2023-07-06T19:37:41+00:00","article_modified_time":"2023-07-10T12:31:37+00:00","og_image":[{"width":770,"height":515,"url":"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg","type":"image\/jpeg"}],"author":"Bruce Katz","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Bruce Katz","Dur\u00e9e de lecture estim\u00e9e":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#article","isPartOf":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/"},"author":{"name":"Bruce Katz","@id":"https:\/\/paju.org\/fr\/#\/schema\/person\/6d8aed1579a1f4a97e1c552a5f2a891d"},"headline":"Canada\u2019s Scotiabank is funding Israeli war crimes","datePublished":"2023-07-06T19:37:41+00:00","dateModified":"2023-07-10T12:31:37+00:00","mainEntityOfPage":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/"},"wordCount":642,"publisher":{"@id":"https:\/\/paju.org\/fr\/#organization"},"image":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage"},"thumbnailUrl":"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg","articleSection":["Features"],"inLanguage":"fr-FR"},{"@type":"WebPage","@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/","url":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/","name":"Canada\u2019s Scotiabank is funding Israeli war crimes - PAJU","isPartOf":{"@id":"https:\/\/paju.org\/fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage"},"image":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage"},"thumbnailUrl":"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg","datePublished":"2023-07-06T19:37:41+00:00","dateModified":"2023-07-10T12:31:37+00:00","description":"Activists in Canada are launching a national campaign to demand that Scotiabank immediately divest from Israeli arms manufacturer Elbit Systems.","breadcrumb":{"@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#primaryimage","url":"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg","contentUrl":"https:\/\/paju.org\/wp-content\/uploads\/Palestine-Solidarity-Activists-In-Vancouver-Outside-Scotia-Bank-Photo-Michael-YC-Tseng.jpg","width":770,"height":515},{"@type":"BreadcrumbList","@id":"https:\/\/paju.org\/fr\/canadas-scotiabank-is-funding-israeli-war-crimes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/paju.org\/fr\/"},{"@type":"ListItem","position":2,"name":"Canada\u2019s Scotiabank is funding Israeli war crimes"}]},{"@type":"WebSite","@id":"https:\/\/paju.org\/fr\/#website","url":"https:\/\/paju.org\/fr\/","name":"PAJU","description":"","publisher":{"@id":"https:\/\/paju.org\/fr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/paju.org\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/paju.org\/fr\/#organization","name":"Palestinian and Jewish Unity","url":"https:\/\/paju.org\/fr\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/paju.org\/fr\/#\/schema\/logo\/image\/","url":"https:\/\/paju.org\/wp-content\/uploads\/PAJU-Logo.png","contentUrl":"https:\/\/paju.org\/wp-content\/uploads\/PAJU-Logo.png","width":696,"height":293,"caption":"Palestinian and Jewish Unity"},"image":{"@id":"https:\/\/paju.org\/fr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/pajumontreal","https:\/\/www.instagram.com\/pajumontreal\/"]},{"@type":"Person","@id":"https:\/\/paju.org\/fr\/#\/schema\/person\/6d8aed1579a1f4a97e1c552a5f2a891d","name":"Bruce Katz","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/paju.org\/fr\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4c65b2117dbb672d0bda009f0367a4721c9271f1f68b1747fb53d7333079d0f1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4c65b2117dbb672d0bda009f0367a4721c9271f1f68b1747fb53d7333079d0f1?s=96&d=mm&r=g","caption":"Bruce Katz"},"url":"https:\/\/paju.org\/fr\/author\/chadi\/"}]}},"_links":{"self":[{"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/posts\/248908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/comments?post=248908"}],"version-history":[{"count":3,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/posts\/248908\/revisions"}],"predecessor-version":[{"id":248966,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/posts\/248908\/revisions\/248966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/media\/248909"}],"wp:attachment":[{"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/media?parent=248908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/categories?post=248908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paju.org\/fr\/wp-json\/wp\/v2\/tags?post=248908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}