MD Financial Management and Scotiabank announce new collaboration with Northern Ontario School of Medicine

Ottawa, September 10, 2020 — Today, MD Financial Management Inc. (MD), Scotiabank and the Northern Ontario School of Medicine (NOSM) announced a three-year agreement whereby MD and Scotiabank will be the preferred financial services partners of NOSM. Scotiabank’s funding commitments under the agreement will help strengthen high-quality education for medical learners in Northern Ontario.  

This partnership will support initiatives from NOSM’s Continuing Education and Professional Development (CEPD) program to help improve health care in Northern, rural and remote communities. A key strategy will be engaging NOSM alumni and keeping them connected to continuing medical education and faculty development learning opportunities through the School’s CEPD programs.

MD and Scotiabank’s commitment will offer NOSM alumni access to valuable financial expertise and solutions as well as integrated banking and wealth management services tailored to physicians through virtual access that provides the convenience and flexibility they need.

“High-quality ongoing education for all physicians is an essential part of a strong health care system. We are proud to support NOSM’s commitment to medical learners and their communities in Northern Ontario,” said MD President and CEO Daniel Labonté.

“NOSM is very pleased to have MD and Scotiabank as our preferred financial services partner supporting medical learners and physicians in Northern Ontario,” says Dr. Sarita Verma, NOSM Dean, President and CEO. “The School is committed to the health of the peoples and communities of Northern Ontario. Part of that commitment is ensuring our alumni who go on to practise in Northern Ontario have support as they begin their careers and that they have access to continuing medical education that is relevant to their work as physicians in the North.”

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 over 90,000 employees and assets of approximately $1.2 trillion (as at July 31, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit our website and follow us on Twitter @ScotiabankViews.

About MD Financial Management Inc.
With more than 50 years of physician-focused experience, MD Financial Management Inc. (MD) is dedicated to providing financial peace of mind to Canada’s physicians and their families, so they can enjoy what matters most to them while achieving their career and life goals. MD had more than $52 billion in assets under management as of August 31, 2020. MD Management Limited was the first of the MD Group of Companies to be founded, in 1969. MD Financial Management Inc. wholly owns or has a majority interest in its seven subsidiaries (the MD Group of Companies). It provides financial products and services, is the fund manager for the MD Family of Funds and offers investment counselling services. For a detailed list of the MD Group of Companies, visit

For media enquiries, please contact:

Alex Mathias
Global Wealth Management Communications, Scotiabank
416 448-7044

Yali N'Diaye
External Communications Manager, MD Financial Management Inc.

Kim Latimer
Northern Ontario School of Medicine