TORONTO, April 23, 2020 /CNW/ - To demonstrate its
commitment to the communities of Nova
Scotia, Scotiabank is donating $300,000 to help provide immediate and
longer-term support to those impacted by recent tragic events.
"In communities like Portapique, Wentworth, Debert, Shubenacadie, Milford and Enfield, a horrific event like this is
unimaginable," said Dan Rees, Group
Head, Canadian Banking, Scotiabank. "The impact of this tragedy can
be felt across all of Nova Scotia,
as well as the entire country. As we grieve and begin to slowly
recover from this terrible event, Scotiabank will be working
closely with the community to ensure help is available where
the need is greatest."
To support first responders, as well as longer term relief
efforts in the province, Scotiabank is donating $50,000 to the Mental Health Foundation of
Nova Scotia directing support to
the Tema Foundation Named Grant which provides Mental Health and
Wellness services for First Responders, Care Providers and the
people in their lives.
To provide longer term relief, Scotiabank will donate an
additional $250,000 to various local
organizations that will help those most acutely impacted by the
tragedy.
"Our global bank was founded nearly 188 years ago in
Halifax as the Bank of
Nova Scotia. The principles,
values, and integrity that our Nova Scotian origins represent still
guide Scotiabank today," Dan Rees
continued. "It is difficult to find relief in the wake of a tragedy
such as this, but all Scotiabankers – and Canadians – are standing
with Nova Scotia during this
trying time."
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future," we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of
approximately 100,000 employees and assets of approximately
$1.2 trillion (as at January 31, 2020), Scotiabank trades on the
Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange
(NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank