YELLOWKNIFE, NT, March 31, 2022 /CNW/ - Scotiabank
today announced a donation of $500,000 to the YWCA NWT, a charity dedicated to
supporting women and children move from crisis to stability in the
Northwest Territories, as part of
its commitment to removing barriers to career advancement for
disadvantaged groups.
Scotiabank's gift will be directed toward YWCA NWT's
Employment Readiness Support Program to help women and
families overcome barriers to employment and enter or re-enter the
workforce. The program, offered through the YWCA's Transitional
Housing Program, provides basic career development support,
resources, and guidance, and helps people build fundamental
employment skills like resume writing, job searching and money
management.
"We are proud to support the YWCA NWT in their work to support
women and children that have been affected by trauma to find
security and stability," says Meigan
Terry, Senior Vice President and Chief Social Impact,
Sustainability and Communications Officer at Scotiabank. "Safe
homes are needed to build safe and thriving communities, and we
recognize the importance of helping more families gain financial
independence, build successful careers and contribute to their
local economies at their fullest potential."
Scotiabank's support of the YWCA NWT is an initiative
within ScotiaRISE, the Bank's 10-year $500
million initiative that aims to promote economic resilience
among disadvantaged groups.
"Our Employment Readiness Support Program not only
provides employment-specific training, skills development and
job-matching assistance, it also helps prepare clients for the
workforce by meeting them where they are at and providing
additional assistance essential to workplace success like literacy
and numeracy skills and connecting them with other resources such
as counseling, trauma recovery, and important tools to help them
holistically move forward in their job and career journey," said
Hawa Dumbuya-Sesay, Executive
Director, YWCA NWT. "We're so thankful for Scotiabank's support to
make this program a success."
Through ScotiaRISE, Scotiabank is fostering sustainable change
for underrepresented groups by partnering with programs and
organizations across its footprint that provide the tools people
need to improve their education and employment prospects, adapt to
changing circumstances, and increase the likelihood of financial
success.
ScotiaRISE has supported nearly 200 charities and deployed
$26 million in community investments
globally in its first year and continues to invest in community
initiatives that are making a difference.
For more information on ScotiaRISE and Scotiabank's commitment
to diversity and inclusion, visit:
https://www.scotiabank.com/ca/en/about/our-company/diversity-and-inclusion.html
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 90,000 employees and assets of approximately
$1.2 trillion (as at January 31, 2022), 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