To read the preamble to this list, read Part 1
Israel has slaughtered more than 75,000 people. They have murdered the highest number of journalists, aid workers and healthcare workers. They have levelled Gaza to the ground and is doing the same to Lebanon as I write these words. Anyone associated with this pariah state needs to be held to account for their support of this genocide.
This is the list of companies from where people signed this open letter.
Agnico Eagle Mines paid $1.4B to shareholders in 2025, and boosted their shareholder payout by 12.5%. The surge in gold prices nearly doubled the company’s profits. They announced in May their intention to invest $14B to open two mines in Northern Ontario. They own the (non-union) Macassa mine (my cousin was injured there) in Kirkland Lake, where they’re also trying to make Company Housing Great Again by asking the Province to let them build 186 units for their workers. Just 11 of those units would be single family homes. They made that announcement just days after one of their workers was killed underground.
AGT Foods (distributor of my favourite chickpeas) is owned by the investment company Fairfax Financial Holdings Limited. AGT Foods made $300M in profits in 2025 off of selling food, like chickpeas. Canada grows so many pulses that we could give them away to all Canadians for free to fight food insecurity, but then AGT Foods wouldn’t make hundreds of millions in profits. Fairfax promises a 15% investment return per stock “over the long term.”
Automotive Properties REIT made $44M in profits in 2025. This real estate income trust owns car lots across Canada and the United States.
BMO Financial Group (signed by former Cabinet minister Scott Brison, chief clerk of the privy council Kevin Lynch and former premier of Newfoundland and Labrador Brian Tobin) is one of Canada’s Big Five banks, In 2025, they made $8.7B, a 19% increase in their profits over 2024, and made the third highest profits in Canada. Darryl White, BMO’s CEO is also a signatory on the list. In 2021, they loaned Israeli weapons company Elbit Systems $90 million.
Barclays Canada is a Canadian division of the British bank. In 2025, they made £9.1B, and returned 11% to their shareholders.
Beedie is a real estate development company. They have 365 tenants across 200 properties. The Globe and Mail notes that in 2024, they sold an Amazon centre to the founder of Zara for almost $400M. They have property in BC, Alberta, Ontario and Las Vegas (the Globe feature is a nauseating love-in for the company’s current leader). Ryan Beedie says, “I believe firmly that for society to accept a capitalistic system that has some inequality, those who have had success not only should give back but be seen as giving back.” Beedie is the president of the charity ONE Global (Canada), which, “works to educate people in Canada on issues related to ending extreme poverty and preventable disease, particularly in Africa.” In 2024, he gave $500,000 to the Fraser Institute and $175,000 to the Vancouver Police Foundation (which then sends $2M back to the Vancouver police department).
Burgundy Asset Management - This asset management firm recently became part of BMO in an acquisition worth $625M. They manage $27B in assets of mostly “high net worth individuals” and institutions.
Canadian Tire made $659 million in profits in 2025. The company has been on Canada’s BDS list for many years for selling items made in the occupied territories. In 2013, a guy named Mark Vandermaas organized something called “Israel Truth Week” where activists bought things at Canadian tire to demonstrate their support for Israel. Vandermaas was arrested several times at the resistance camp at Caledonia, once for planting a Canadian flag where Six Nations activists had an occupation. In 2021, he became a “vaccine” refugee” and fled Canada to Ecuador where he could have true freedom.
CIBC, one of Canada’s Big Five banks, reported $8.5 billion in 2025, up $1.3 billion in profits compared to 2024. Mark Mulroney signed on behalf of CIBC. He’s Brian Mulroney’s son. The Mulroneys are major Zionists. Ben Mulroney also signed the letter as a “podcaster” (lol … dude) and the family hosted a gala for Tel Aviv University in April 2026 that raised $2.5 million for the Brian Mulroney Chair in Government. CIBC made the fifth highest profits in Canada in 2025.
Colliers International is an enormous Canadian real estate company that made $4.8 billion in 2025. The CEO, global chairman and controlling shareholder of Colliers is Jay Hennick. The Hennick family foundation is credited for donating $40M to $49M to Mount Sinai hospital.
Corient Investments Canada describes itself as an agency for, “ultra-high-net-worth individuals and multi-generational families. The Globe and Mail explains that Corient expanding its wealthy family services in Canada makes sense: “Canada has roughly 176,800 families with each having a net worth exceeding $7.5-million. That’s a meaningful and growing pool of ultra-high-net-worth (UHNW) families whose financial lives increasingly extend across multiple jurisdictions, private investments, trusts and operating businesses.” They only recently entered the Canadian market. Globally, the company manages $650 billion in assets.
Davies Ward Phillips & Vineberg LLP is a law firm. They just acted as a syndicate to raise the capital necessary for the First Nations privy to the Williams Treaty to invest almost $700M in nuclear energy in Ontario. The lenders included Manulife, Sunlife and iA Financial Group.
Deegan Public Strategies is a PR agency founded by Paul Deegan. Deegan was previously a senior executive for Canadian National Railway and BMO. He is also a director for the Michener Awards Foundation (Canada’s most prestigious journalism awards) and Journalists for Human Rights. Deegan, along with co-signatory to this letter Kevin Lynch, wrote an op-ed calling on Canada’s CEOs to come together to fight antisemitism, and to work with other countries to develop a new Marshall Plan for Palestine.
Dexterra Group manages large infrastructure across North America. The company made $122.8 million in net profits in 2025. On June 30, SEIU Local 2 accused Dexterra of hiring non-union workers and of violating employment standards at the Toronto Transit Commission. Dexterra is also owned by Fairfax. Bill McFarland signed on behalf of Dexterra and AGT Food and Ingredients. He is Fairfax’s Lead Director.
Doman Building Materials, based in Vancouver, made a profit of $256 million in 2025. They offer building, in particular lumber, materials notably for housing. Of course housing can’t be built without profit, Doman wouldn’t be able to pay out its shareholders!
Element Fleet Management is a company that manages transportation logistics for a variety of sectors. They made USD$1.2B in 2025 in profits. At the end of June, Element Fleet announced a partnership with the Canada Pension Board and Blackstone investment firm. In 2024, they acquired Israel’s Autofleet for $110 million.
E-L Financial Corporation Limited is an investment and insurance holding company. They operate Empire Life insurance. In 2025, they paid shareholders $1.234B in net profits.
EllisDon Corporation is Canada’s third largest construction company in Canada. In 2020, the company became 100% employee-owned, and therefore doesn’t publicly report its profits. They are the company that has worked on the Ontario Place project — demolishing it to build a new spa at the site. In 2025, they partnered with Palantir to incorporate Palantir’s AI into their operational systems. In 2025, they received $8M from the federal government for construction projects.
EnCana Corporation was an oil company and it’s founding CEO. Gwyn Morgan, signed the letter. Cenovus Energy was a spin-off company from EnCana. It collapsed by 2020. Morgan has also been a director of SNC-Lavalin. Morgan, a Conservative, notoriously said this: “who but the hopelessly politically correct can deny the malign influence of violent gangs from Jamaica, Sri Lanka and East Asia on street life in Toronto, Vancouver and other Canadian urban centres?”
EY Canada (Or, Ernst & Young) is a consulting company that helps businesses save money and make money. In 2025, the company made USD$53B in revenues globally. They attribute their success to their aggressive adoption of AI. They have operations in Israel
And speaking of Fairfax, they are also on the list of signatories. They made the eighth highest profits in Canada in 2025.
Finning International Inc. is the world’s largest dealership of Caterpillar equipment. In 2025, Finning made $2.4 billion in gross profits. Caterpillar is one of the highest profile companies that has enabled Israel’s occupation of the West Bank and Gaza. They were in the top ten of best performing stock dividends from 2025.
FirstService Corporation manages $4.2 billion in assets. In 2025, the company made $191 million in profits. Founded by Jay Hennick, who was mentioned already on this list, the company was signed onto this list by its CEO, Scott Patterson. The company operates many sub companies that manage properties, do renovations and post-disaster clean up.
Franco-Nevada Corporation is another gold mining company. Most of their assets are in North and South America. In 2025, they set a new profit record, pulling $1.8 billion, which was 64% higher than the year previous. In 2016, they acquired a gold mine in Peru for $500M, an acquisition that was overseen by the law firm McCarthy Tétrault (a firm that also signed this letter).
GardaWorld made $1.2B in net revenue in 2025. This does not take into account the money that the company stood to make in 2026 when it was considered to provide security services for Trump’s Florida concentration camp. The letter was signed by Dubai-based Stephan Crétier, who is also the CEO of Crisis24, an international crisis response group with operations in Israel.
George Weston Co. made $7.5 billion in 2025. The money is made through screwing Canadians for food costs, pharmacy costs and one of Canada’s largest REIT. Loblaws has financially supported the UJA Walk for Israel.
Hennick Humber Hospital is just a hospital — the Wilson Avenue Hospital. Barbara and Jay Hennick gave the hospital $50M to name the hospital after themselves. Jay Hennick made his money in real estate with Colliers International and FirstService. Through FirstService, Jay owned College Pro, a company that once exploited me so badly that I made less than $2000 for painting houses full time one summer. While the Hennicks themselves didn’t sign the list, they donate to a lot of Israeli charities, including Beit Helochem Canada (supporting disabled Israeli veterans), Canadian Shaare Zedek Hospital Foundation (a hospital in Jerusalem), the Canadian Hadassah-WIZO (helping education and social services in Israel) and the United Jewish Appeals of Canada, of Greater Toronto and of Vancouver (who organize the annual Walk With Israel). This is the only hospital CEO on the list.
Huron University - This college housed at Western University is the only school on the list. The college advertises an exchange with Ben-Gurion University of the Negev.
Jona Capital is a private investment firm owned by the Love family. John Love founded KingSett Capital. Christie Love Thomas, the daughter of John Love, signed on behalf of Jona Capital. John Love wrote a call to action against antisemitism in the National Post in April, 2026.
Kingsdale Advisors is an agency that gives advice to public companies and their business operations.
KingSett Capital claims to have pioneered Canada’s private equity real estate market. So when you’re wondering who to blame for the current housing crisis, KingSett Capital is one of the guilty players. They don’t disclose their profits but do say that they manage $20B in assets.
Kinross Gold Corporation is a gold mining company that made $2.3 billion in net profits in 2025. In February, the Ontario government announced that it would fast track the Great Bear open pit mine project with a life of 12 years at Red Lake in Northwestern Ontario. The project has been challenged by Grassy Narrows First Nation (Asubpeeschoseewagong Netum Anishinabek) over fears that the project will further poison the waters.
KPMG Canada is a global accounting and management services firm. They specialise in helping governments find the arguments to justify cutbacks, privatization, layoffs and other neoliberal economic reforms. In 2025, they had $39.8 billion in global revenue, a rise of 5.4%
LiUNA - the Labourers’ International Union is a strange organization to be on this list. Until you realise that the father-daughter combo who signed this letter are active conservatives and Zionists. Joseph Mancinelli endorsed Doug Ford (despite his attacks on working people) and he supports charities in Israel. Victoria Mancinelli was honoured by the Jewish National Fund - Hamilton, for her unwavering Zionism. At Joe’s own website, it starts off like this: “A visionary industry icon, thought leader, capacity builder, community activist, social change ambassador, strategic thinking, philanthropist, artist, humanitarian, global citizen are among some of the many words synonymous with the name Joseph S. Mancinelli.” LiUNA sponsors the UJA’s annual Walk for Israel and the Tel Aviv University Canada.
Major Rock Corporation owns Invictus Properties and an equity company. Owned by the Armstrong family, they also own Rocky Mountaineer. The Armstrong Family Foundation donates to the Fraser Institute, several private schools (St. George’s School Foundation and Branksome Hall) and the Jewish Federation of Greater Vancouver.
Mainstreet Equity Corp. made $183.4M in profits in 2025 and $169.9M in profits from their rental income. They are a corporate landlord with properties across Western Canada, including at university and college campuses.
Matco Investments is an investment firm that manages $780 million in assets.
Maverix Private Equity is a private equity firm founded by John Ruffolo. Former Ontario Minister of Health Eric Hoskins is a partner for the company, responsible for something called “Healthcare Innovation.”
Manulife Financial is one of Canada’s largest insurance companies. They paid out $5.6B to shareholders in 2025 alone. They made the seventh highest profits in Canada in 2025. Canada’s BDS list reports that Manulife has investments in Israeli-occupied illegal settlements.
Marval Capital Ltd. is an Indian-focused investment firm founded by Ben Watsa, the son of Fairfax Financial CEO Prem Watsa. Ben also chairs Fairfax’s Indian Holdings. In 2025, Marval Capital bragged that it made 268% increase on their profits.
Metro, the national grocery chain, made $217M in profits in 2025.
The National Bank of Canada made $4 billion of their year end on October 31, 2025. They made the twelfth highest profits in Canada in 2025. In 2024, Peace Brigades International reported that the National Bank had invested $95 million in General Dynamics, an arms company that produces some of the weapons that Israel has used to pound Gaza.
Northbridge Financial Corporation is a commercial property and casualty insurance group. They own Northbridge and Federated Insurance companies. Like AGT Foods, Northbridge Financial is owned by Fairfax. Fairfax made $4.77 billion in 2025 in profits.
Novacap is an investment firm that manages $16 billion in assets.
OMERS is one of Canada’s largest employee pension plans in Canada. In 2024, OMERS had invested $461 million in Israeli-occupied territories.
Osler, Hoskin & Harcourt LLP is a law firm. They sponsored the UJA Walk for Israel.
Paramount Resources is an oil and gas company. In 2025, they paid shareholders $2.4 billion.
The Jim Pattison Group, named for its founder Jim Pattison (one of Canada’s wealthiest men), is a private company that does not reveal its income. In 2024, BC Business Magazine ranked it as the second biggest company in the province, with $19 billion in revenue that year. Canada’s BDS campaign writes that Pattison is an evangelical Christian who has sent millions to Israel to fund “Israeli Roots Journey.”
Pierre Lassonde is founder of Franco-Nevada. The Canadian Mining Report describes him like this: “build a company that owns pieces of other people’s mines without ever operating one. No heavy equipment, no union labor, no environmental liabilities — just the right to a percentage of the metal produced. The result was one of the greatest wealth-creation stories in Canadian mining history.”
Pomerleau is a private construction company, therefore its income isn’t publicly disclosed. Since 2023, Pomerleau has received at least $450 million in federal government contracts.
Postmedia is probably the only company on this list that posted a net loss in profits in 2025. They were in the hole by $77.3 million. That said, the company owns most Canadian newspapers, including the National Post and helps to shape opinion and how people think about the issues of the day — control and influence that is worth its weight in gold. The National Post runs content from the Jewish News Syndicate which is over-the-top in its support for Israel (and hatred for Israel’s enemies).
Power Corporation of Canada is one of Canada’s grand corporations, having had their hands in controlling Canada for many decades. In 2025, they made $2.5B in profits. PowerCorp is lead by 13 men, all save one who are white. They own IG Wealth Management, Great West life and several other investment firms. They were among Canada’s top ten high performing dividends in 2025 and made the thirteenth highest profits in Canada in 2025.
The Printing House is a private printing company that is owned by the O’Born family. As a private company, they don’t disclose their profits. The family’s foundation gave to the right-wing think tanks the Fraser Institute, the McDonald-Laurier Institute, and a charity called the Israel Museums and Arts, Canada. While Janice O’Born signed the letter on behalf of The Printing House, her husband and TPH founder, Earle, also signed it as a businessman and philanthropist.
PwC Canada (Formerly PriceWaterhouseCoopers) is a business advising, auditing and financial services firm. The company doesn’t report its Canadian profits but globally, PwC made $54 billion. They have operations in Israel.
James Richardson & Sons Limited is a private agriculture, investment and real estate firm. They own Wynward insurance, energy pipelines in Saskatchewan and Alberta (they purchased the SK one from from Enbridge for $1 billion), they purchased the largest oat milling company in the UK in 2017 and they purchased the Fairmont Hotel in Winnipeg and they own Bison Transportation. Maclean’s pegged the family as being the 13th wealthiest in Canada in 2025.
Rocky Mountaineer is a privately held company that made $27.5 million in 2025. They operate private trains in Western Canada. This company being on the list is confusing until you find the next entry, which is signed by Tristan Armstrong’s father, Peter.
Rogers Communications made $7 billion off of Canadians last year. Few companies have profited so hard off of the affordability crisis as Rogers has.
Scotiabank made $7.75 billion in profits in 2025. Scotiabank has been in the ire of anti-genocide activists for investing in Israeli arms company Elbit systems. Earlier this year, Scotiabank finally bowed to activist pressure and divested its shares in Elbit. There are three signatories on this letter. Scott Thomson, who used to be the head of Finning International and was an executive member of BCE and Talisman Energy. At Scotiabank’s annual meeting, he said that Israel’s war on Gaza, “could help boost demand for Canada’s energy exports.” The other signatory, former CEO Brian J. Porter, who is also an executive member of Fairfax Holdings. Rich Waugh also signed the letter.
Stingray made $471.6 million in 2025, up 21.9% from the year before. They own streaming platforms, radio stations and a host of “in-car entertainment.” The company has an office in Tel Aviv.
Teck is a copper and zinc mining company that has holdings in Western Canada and South America. Their profit in 2025 was $4.34 billion.
Telus is one of Canada’s big three telecommunications companies. For the year ending March 2026, the company made $672M in profits. A chunk of Telus’ profits come from their private health operations. Telus invested $25 million in Israeli startups from 2020 to 2023, “including Zebra Medical (now Nanox), Techsee and LionBird VC.” To help with their Israeli investments, they announced the hiring of a new position in Israel.
Teneo is a global firm that advises CEOs. They provide management consulting, financial consulting and strategy and communications help. Their Canada division also helps with lobbying. In February, they hired a strategic advisor based in Israel.
TFI International is a North American logistics company. In 2025, they made $1.32B in profit. Last year, the company fled Canada and established it’s new HQ in the United States
United Way is on the list, signed by Heather McDonald who signed as United Way’s President. The actual president of United Way Centraide seems to be Dan Clement. McDonald is the CEO of the United Way of Greater Toronto. As an organization that helps people who are harmed by the economic policies that enable the other signatories on this list to horde wealth in Canada, I’m not sure what she gained by being in their presence on this list.
Whitecap resources made $984.6 million in profit in 2025. Former Saskatchewan premier Brad Wall is part of the leadership of Whitecap resources. This oil and gas company’s assets are in Western Canada.
Partners Limited is a part of Brookfield. The letter is signed by Timothy Price who is listed as the deputy chair of Partners Limited, but Price is also the chair of Brookfield Funds.
Sunnybrook Health Sciences Centre is added to this list via the signature of its president and CEO, Dr. Andy J. Smith.
Sun Life Financial made 4.2 billion (up 9% from the year before) in net profits.
Torys LLP is a law firm and former University of Toronto president Robert Pritchard signed citing his role there. Torys just snaked the head of Norton Rose Fullbright’s energy practice to join their firm. From Lexpert: “Froehlich represented PETRONAS as it acquired Progress Energy Resources Corp. for $5.8 billion. He also assisted PETRONAS and its affiliates with securing a 25 percent participating interest in the $40 billion LNG Canada Project in Kitimat, British Columbia from affiliates of Shell Canada Energy, PetroChina Canada Ltd., Diamond LNG Canada Ltd. and Kogas Canada LNG Ltd. According to Torys, this was the first large-scale liquefied natural gas export facility in Canada.”
Tourmaline Oil’s 2025 profits were $213 million. In 2026, they revised their financial forecast by 209% in part, thanks to the price of oil shooting through the roof.
Timbercreek Capital is a real estate investment and mortgage firm that is focused on, “income-producing real estate.” The company made $34 million in net profits in 2025.
Similarly, the University Health Network is on the list, linked to the signature of its president and CEO Dr. Kevin Smith. A quick google search of the hospital network shows many partnerships between the UHN and hospitals and companies in Israel.
Waterous Energy Fund is an oil and gas investment firm. They own Strathcona Resources and Greenfire Resources. The company is trying to become a major player in the oil and gas industry, aiming to produce 300,000 barrels per day by 2035. Strathcona made $744 million in 2025.



Incredible effort to make this list. Thank you, Nora. Yes, this is a very clear map of who to divest from, boycott even. Back to work for us all.
Amazing how the most powerful and pro-slaughter companies appear to not really do or make anything useful. This is all investment - corporations that make money by moving money around. It’s interesting how they have to crush children and homeless people to death for their sacrosanct right to do nothing and contribute nothing of value to the planet. Very happy for the shareholders.