The Financial Post reports in its Thursday edition that RBC's decision to drop its sustainable finance commitment has sparked speculation that other major Canadian players could quietly walk away from their own climate goals. A Bloomberg dispatch to the Post says RBC abandoned its pledge on that front in its latest sustainability report, pointing to changes to the country's Competition Act that restrict the kinds of environmental claims firms can make. Asked whether they planned to amend or drop their own climate-finance goals, Canada's other large banks all directed Bloomberg to their most recent sustainability reports or other publications including the targets. "Nothing to report on our end," National Bank said in a statement. "We are maintaining the targets announced in our sustainability reports." The amended rules on deceptive marketing, which were enacted last June, do not prevent banks from making public claims backed up by diligent efforts and real metrics, competition lawyer Julien Beaulieu said. But he added that he would not be surprised to see others follow Royal Bank's lead. "It's a very good excuse to stop making these commitments. They're probably a bit afraid about what's happening in the U.S."