Church Presentation to the Annual Meetings of Three Canadian Banks
Re: Loans to South Africa
Publisher: Task Force on the Churches and Corporate Responsibility, Toronto, Canada
Year Published: 1976
Resource Type: Article
Cx Number: CX27
A statement questioning the morality of loaning money to a racist South African government.
Abstract: A statement submitted to the directors and shareholders of the Bank of Montreal, the Canadian Imperial Bank of Commerce and the Toronto Dominion Bank by representatives of the United, Anglican and Roman Catholic Churches on December 8, 9 & 10th, 1975. This statement questions the morality of loaning money to the white racist government of South Africa and argues the case for putting "our dollars where our beliefs are".
(A detailed analysis of the Southern African situation based on first hand information was previously submitted to the Banks - also available on request)