April 17, 2026
Territories of Musqueam, Squamish and Tsleil-Waututh Nations/Vancouver B.C.
The recent bout of oil price uncertainty underscores how interconnected our world is. A conflict in one region has meant costlier commutes, pricier groceries, and thinner margins for businesses here at home. Yet it also serves as a wake-up call: by strengthening our energy resilience and accelerating the transition to renewables Canada can better shield its households and economy from the next shock. For now, Canadians are coping with higher prices, hoping this spike will be short-lived. But the experience is likely to shape decisions in boardrooms and policy circles for years to come, with an eye toward ensuring that next time, we are not caught so off-guard by global energy turmoil.
Vancity is a values-based financial co-operative serving the needs of its 588,000 member-owners and their communities, with offices and more than 60 branches located in Metro Vancouver and Squamish, the Fraser Valley, the Sunshine Coast, the Vancouver and Gulf Islands and Alert Bay, within the territories of the Coast Salish and Kwakwaka'wakw Peoples. With $41 billion in assets plus assets under administration, Vancity is Canada's largest credit union. Vancity uses its assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically, and environmentally sustainable.
