All five of Canada's biggest banks are joining an international boycott of Facebook over concerns that the platform is complicit in promoting racism, violence and misinformation. Participating brands will suspend all advertising on the platform for the month of July. Scotiabank announced its intentions on Tuesday, while the four other banks confirmed on Wednesday that they would follow suit. Initially, only Twitter flagged the video as misleading, with Facebook resisting public pressure to enforce their own labelling system. A spokesperson for Facebook noted that the company has suspended more than 250 white supremacist groups from the platform, but did not specifically comment on the boycott.

Source: CBC News July 01, 2020 20:32 UTC