Episode Details
Back to EpisodesCanadian Banks Fund ICE Contractors
Description
Canadian banks and pension funds have invested billions in U.S. companies contracting with ICE, including Palantir, General Dynamics, and AT&T. These investments support tech for tracking immigrants, defense services, and detention centers. Since 2020, major banks like TD and RBC have extended over $23 billion in loans and bonds. Public pensions added over $2.5 billion, with the Canada Pension Plan leading at $1.6 billion. Critics argue these investments fuel Trumps violent deportation push, including family separations. Most contracts began since 2025, amid lawsuits over civil rights abuses and deaths in custody. Banks and pensions remained silent, emphasizing independent operations.
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