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