National Bank of Canada

Who owns it

• Fidelity Investments (FMR LLC)4.2%sedar_filing · 2024-12-31
• BlackRock, Inc. (company)3.4%sedar_filing · 2024-12-31
• Caisse de dépôt et placement du Québec2.9%sedar_filing · 2024-12-31

What’s documented

• 2026-07-01lobbying6 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2026).source →
• 2025-12-03lobbying8 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2025).source →
• 2025-01-09environmentalBlackRock withdrew from the Net Zero Asset Managers (NZAM) initiative on January 9, 2025, causing NZAM to temporarily suspend its activities pending a review. BlackRock stated that its participation in climate-focused groups had caused confusion about its investment practices and subjected the firm to legal inquiries from state officials. BlackRock had been among the founding members of NZAM and managed over $11 trillion in assets at the time of withdrawal.source →
• 2024-12-31lobbyingBlackRock Inc. spent $2.88 million on US federal lobbying in 2024 and made approximately $2.6 million in political contributions during the 2024 election cycle, according to disclosure data filed with the US Senate and recorded by OpenSecrets.source →
• 2024-12-04lobbying10 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2024).source →
• 2024-11-20legalProceedingThree former CDPQ employees (Cyril Cabanes, Saurabh Agarwal, Deepak Malhotra) indicted by U.S. DOJ for conspiracy to violate the Foreign Corrupt Practices Act in a $250 million bribery scheme involving Indian government officials and Adani Green Energy solar contracts. Employees were terminated in 2023; CDPQ cooperating with U.S. authorities.source →
• 2024-11-01legalProceedingTexas Attorney General Ken Paxton filed a lawsuit in November 2024 against BlackRock Inc., Vanguard Group, and State Street Corporation, alleging that the three asset managers conspired through ESG-aligned investment practices and climate coalitions to restrict coal production in violation of federal antitrust law.source →
• 2024-06-01environmentalAccording to urgewald's 2024 'Investing in Climate Chaos' report, BlackRock held approximately $263 billion in fossil fuel company bonds and shares, making it one of the two largest institutional fossil fuel investors worldwide. BlackRock's holdings included over $75 billion in tar sands producers, over $11 billion in companies building new coal power capacity, and approximately $37 billion in ExxonMobil alone.source →
• 2024-02-13environmentalIn February 2024, BlackRock transferred its Climate Action 100+ membership from its US arm to BlackRock International, significantly reducing its participation in the investor initiative targeting major greenhouse gas emitters. During the 2024 proxy season, BlackRock voted in favour of only 2 of 20 shareholder resolutions flagged by Climate Action 100+ members.source →
• 2023-11-14lobbying7 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2023); subjects: Budget, Climate, Consumer Issues, Energy, Financial Institutions….source →
• 2022-12-08lobbying6 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2022); subjects: Consumer Issues, Financial Institutions, Justice and Law Enforcement, Labour, National Security/Security….source →
• 2022-09-01environmentalCDPQ announced complete divestment from oil production investments following the Sortons la Caisse du carbone campaign. The pension fund committed to exiting all oil production holdings.source →
• 2021-11-15lobbying3 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2021); subjects: Consumer Issues, Financial Institutions, Justice and Law Enforcement, Labour, National Security/Security….source →
• 2020-12-14lobbying6 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2020); subjects: Consumer Issues, Financial Institutions, Justice and Law Enforcement, National Security/Security, Privacy and Access to Information….source →
• 2019-12-18lobbying5 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2019); subjects: Constitutional Issues, Employment and Training, Financial Institutions, Government Procurement, Housing….source →
• 2018-10-18lobbying2 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2018); subjects: Agriculture, Budget, Constitutional Issues, Consumer Issues, Economic Development….source →
• 2017-11-10lobbying4 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2017); subjects: Agriculture, Budget, Constitutional Issues, Consumer Issues, Economic Development….source →
• 2016-08-28lobbying3 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2016); subjects: Agriculture, Budget, Constitutional Issues, Consumer Issues, Economic Development….source →
• 2015-12-22lobbying3 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2015); subjects: Budget, Constitutional Issues, Consumer Issues, Economic Development, Financial Institutions….source →
• 2014-12-16lobbying2 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2014); subjects: Budget, Constitutional Issues, Consumer Issues, Economic Development, Financial Institutions….source →
• 2013-10-15lobbying2 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2013); subjects: Budget, Constitutional Issues, Consumer Issues, Financial Institutions, Industry….source →
• 2012-12-28lobbying4 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2012); subjects: Budget, Constitutional Issues, Consumer Issues, Financial Institutions, Industry….source →
• 2011-12-30lobbying1 federal lobbying registration on file with the Office of the Commissioner of Lobbying of Canada (2011); subjects: Consumer Issues, Financial Institutions, Industry, Justice and Law Enforcement, Small Business.source →
• 2010-12-29lobbying3 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2010); subjects: Consumer Issues, Financial Institutions, Immigration, Industry, Justice and Law Enforcement….source →
• 2009-08-28lobbying3 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2009); subjects: Financial Institutions, Immigration, Industry, Justice and Law Enforcement, Other….source →
• 2008-12-19lobbying1 federal lobbying registration on file with the Office of the Commissioner of Lobbying of Canada (2008); subjects: Financial Institutions, Immigration, Industry, Justice and Law Enforcement, Other….source →

What we’ve classified so far

• environmental damage4
• political influence2
• monopoly abuse1

19 further documented actions have not been classified yet. These counts show what we have got to, not a total.