TORONTO, March 7,
2023 /CNW/ - Today, Scotiabank announced an
$800,000 community investment in the
Canadian Women's Foundation, to support the organization's national
movement for gender equality in Canada and their work to help women and
gender-diverse people transition from low-wage and part-time work
into more sustainable livelihoods.
Over the next four years, Scotiabank's partnership with the
Canadian Women's Foundation will support 10 affiliated
organizations in priority communities, providing women, trans, Two
Spirit and non-binary people with support to move out of poverty
and into increased financial security through self-employment and
access to non-traditional fields in skilled trades and technology.
Programs will deliver mentoring and support in areas such as
self-employment and business acceleration, workplace navigation and
inclusion, trades and technology, and networking for up to 1,000
women across Canada.
"Through ScotiaRISE, we are proud to support the Canadian
Women's Foundation and the work they do to support innovative
community programs throughout the country, empowering women to
build leadership and confidence in securing their
financial success," said Meigan
Terry, SVP and Chief Sustainability, Social Impact and
Communications Officer at Scotiabank.
"As the world marks International Women's Day, moving the
needle on gender equality and justice has become more urgent than
ever," said Paulette Senior,
President and CEO of the Canadian Women's Foundation. "We need
gains for the most vulnerable in our communities. We're thrilled
with Scotiabank's ongoing commitment to boosting economic security
for women and gender-diverse people, especially at this critical
Scotiabank's community partnership with The Canadian Women's
Foundation is a signature program within ScotiaRISE, the
Bank's 10-year $500 million initiative to promote
economic resilience among disadvantaged groups.
Learn more about ScotiaRISE and
Scotiabank's commitment to help advance the inclusion of women
and gender-diverse individuals.
About the Canadian Women's Foundation
Women's Foundation is a national leader in the movement for gender
equality in Canada. Through funding, research, advocacy, and
knowledge sharing, we work to achieve systemic change. We support
women, girls, and gender-diverse people to move out of violence,
out of poverty, and into confidence and leadership. Since 1991, our
generous donors and supporters have contributed more than $185
million to fund over 3,000 life-transforming programs
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 over
$1.3 trillion (as at January 31, 2023), 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 @Scotiabank.