TORONTO, Sept. 28, 2020 /CNW/ - As part of its
commitment to supporting economic inclusion for every
future, Scotiabank today announced a $600,000 donation to Indspire – Canada's largest Indigenous-led and
Indigenous-focused charity – in support of First Nations, Inuit and
Métis youth in Canada.
Scotiabank's donation will focus on financial and culturally
relevant teaching, and access to networking, coaching and
mentoring, in order to increase economic sustainability and
prosperity, and ensure a smooth transition into post-secondary
education and the work force.
"Indspire is known for having a profound and positive impact on
the lives of Canada's future
leaders," said Brian Porter,
President and CEO, Scotiabank. "Our commitment to Indspire will
help to further their life-changing initiatives within Indigenous
education, art, culture, business, health, law and public service,
while ensuring scholarships and bursaries are available to support
Canada's Indigenous youth in
achieving their future goals."
Scotiabank has been a supporter of Indspire and its initiatives
since 1996. Indspire invests in the education of Indigenous people
so they can achieve their highest potential and provides
incentive through various awards and programs. The organization
also strives to educate leaders, organizations and individuals
about the importance of Indigenous students staying in school,
succeeding and fulfilling their dreams.
"This new investment is a significant step in supporting First
Nations, Inuit and Métis students to achieve their potential
through education and training so they can in turn enrich their
communities and create positive change in Canada," said Roberta
Jamieson, President and CEO of Indspire. "We are grateful
for the support of Scotiabank for investing in Indigenous
achievement and education."
Scotiabank has a long legacy of supporting Indigenous
communities, holding the distinction of being the
first chartered bank in Canada to open a branch in an Indigenous
community. Scotiabank holds a gold level rating for Progressive
Aboriginal Relations (PAR) from the Canadian Council for Aboriginal
Business – the highest rating to recognize companies with
demonstrated programs and policies that support Indigenous
communities and businesses – and recently implemented mandatory
Indigenous cultural competency training for its employees.
To further demonstrate its support of Indigenous communities,
Scotiabank has created several Downie-Wenjack Legacy Spaces to
recognize and promote reconciliation between Indigenous and
non-Indigenous people.
For more information on Scotiabank's vision and initiatives
concerning diversity and inclusion, visit:
https://www.scotiabank.com/ca/en/about/our-company/diversity-and-inclusion.html
About Indspire
Indspire is an Indigenous national
charity that invests in the education of First Nations, Inuit and
Métis people for the long-term benefit of these individuals, their
families and communities, and Canada. With the support of its funding
partners, Indspire provides financial awards, delivers programs and
shares resources so that First Nations, Inuit, and Métis students
will achieve their highest potential. Anchored by its mission and
mandate, Indspire's North Star
vision is that, within a generation, every Indigenous student will
graduate. In 2019-2020, Indspire provided over $17.8 million through 5,124 bursaries and
scholarships to First Nations, Inuit and Métis students across
Canada. For more
information, visit indspire.ca.
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
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank