Banks are at the heart of our economy. The investment and financing choices they make shape the model of our society. By providing financial support to companies or projects, banks are responsible for greenhouse gas emissions. RBC, TD, Scotiabank, BMO and CIBC are among the top 25 backers of the fossil-fuel industry in the world. Since the Paris Agreement, these five banks have continued to support the development of polluting companies. The government for its part is committed to “reducing greenhouse gas emissions [...] by 40% to 45% by 2030, compared to 2005 levels”. To achieve carbon neutrality in 2050, some actors suggest adopting short-term intermediate targets that are higher at the beginning than at the end, i.e. up to 25% for 2025 and 50% for 2050, or even higher. The International Energy Agency (IEA) even calls for “no more investment in fossil fuels”. In all cases, it is important to set targets based on science. For this purpose, standards exist, including particularly, the Science Based Targets Initiative (SBTi). Canada is responsible for 2% of global emissions (with less than 0.5% of the population) and its oil and gas expansion is currently projected to use up to 16% of the global carbon budget. The IPCC sounded the alarm again recently, with Antonio Guterres declaring that greenhouse gases are “choking our planet.” A concrete climate change transition plan is urgently needed. It must be submitted to the shareholders in the most appropriate annual publication.