Scotiabank Supports Slave Lake Community

TORONTO, May 17 /CNW/ - Scotiabank today announced a corporate donation of $25,000 to the Canadian Red Cross to support relief efforts in Slave Lake, Alberta in the wake of the extensive forest fire devastation.

"We are all shocked and saddened by the damage that the fires have caused in Slave Lake," said George Marlatte, Scotiabank Senior Vice-President, Prairie Region. "While we are deeply grateful that members of the community are safe and accounted for, many, including several of our employees, have lost homes and have seen a large part of their town destroyed. We deeply hope that our donation will help this community to heal and rebuild."

Scotiabank's branch in Slave Lake is currently closed. The Bank is looking at alternate accommodation until a permanent solution may be found. In the meantime, branches in nearby Athabasca and Westlock have extended their hours and are ready to serve customers from the Slave Lake area. As well, our customer contact centre is available 24 hours a day to assist at 1-800-472-6842.

"Our employees will work individually with customers who have been affected to find solutions to any difficulties that arise as a result of the fires," said John Matheson, Scotiabank District Vice-President, North Alberta District. "Scotiabank has been a proud member of the Slave Lake Community since January 1969 and we are committed to being part of the rebuilding."

About Scotiabank
Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad, through our global philanthropic program, Scotiabank Bright Future.  Recognized as a leader internationally and among Canadian corporations for our charitable donations and philanthropic activities, Scotiabank has provided on average approximately $44 million annually to community causes around the world over each of the last five years. Visit us at www.scotiabank.com.

For further information:

please contact Joe Konecny at (416) 933-1795 or joe_konecny@scotiacapital.com.