Banks today invest in sectors that reflect their interests. When you deposit money, they grant loans in industries they select without your consent.
In the process, the banking system creates money by multiplying deposits by 10. Most banks invest the lion’s share into the financial economy.
Impak Finance aims to create the responsible bank in Canada entirely dedicated to the impact economy, making 100% of its loans to companies having a positive impact on society and our environment. impak Banque will offer the same services as other traditional banks, by lending to projects that generate, after careful analysis, a good return on investment and a positive social and environmental impact.