MONTREAL, May 6, 2020 /CNW Telbec/ - In a series of
efforts to support key players in the current situation, National
Bank will donate $500,000 to ten
organizations that work in the mental health field in different
regions of the country. "It's a cause we've been invested in for
many years now. Mental health disorders pose a serious societal
challenge and affect people of all ages, origins and backgrounds,"
said Louis Vachon, President and Chief Executive Officer of
National Bank. "Organizations who support mental health are
essential, especially in the current context. That's why the Bank
wants to reaffirm its support."
This financial support will notably help support research, grant
direct financial assistance to a number of support and assistance
organizations, and promote wellness tools and resources.
The beneficiaries include a study by researcher Simon Coulombe at Wilfrid
Laurier University, Revivre, Montreal Children's Hospital
Foundation, Fondation Jeunes en Tête, Kids Help Phone, Wood's Homes
Foundation, Alberta Children's Hospital Foundation, BC Mental
Health Foundation, Le Chaînon, Canadian Mental Health Association
- Manitoba and Winnipeg.
National Bank's recent donations
- $1 million to food banks,
vulnerable groups and the Canadian Red Cross
- $500,000 to the United Way
Centraide COVID-19 Community Response and Recovery Fund intended to
support those in communities most affected by the pandemic
- $50,000 to the Breakfast Club of
Canada Emergency Fund to provide
nutritional support to thousands of children and their
families
- National Bank has also donated its TV ad slots and scheduled
social media posts to support Héma-Québec as it encourages people
to donate blood.
About National Bank of Canada
With $289 billion in
assets as at January 31,
2020, National Bank of Canada, together with its subsidiaries,
forms one of Canada's leading
integrated financial groups. It has more than 26,000 employees in
knowledge-intensive positions and has been recognized numerous
times as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social
media such
as Facebook, LinkedIn and Twitter.
SOURCE National Bank of Canada