TORONTO, July 29,
2024 /CNW/ - Banks in Canada have committed to supporting relief
efforts for those affected by the devastating wildfires in
Alberta. To aid Albertans, several
banks are facilitating financial donations at their branches for
the Canadian Red Cross. Additionally, they are making corporate
donations directly to the Red Cross and other relief
organizations.
Corporate donations
The following banks are making corporate donations totaling
$355,000 to the Canadian Red Cross'
2024 Alberta Wildfires Appeal and the Canadian
Disaster Relief Fund. Donations will be used for immediate and
ongoing relief, recovery and resilience efforts in response to
fires, and community preparedness and risk reduction for future
all-hazard disaster events within Alberta and across the country.
- BMO
- Canadian Western Bank
- National Bank
- RBC
- Scotiabank
- Tangerine Bank
- TD Bank Group
Canadian Western Bank, RBC, Scotiabank, and TD Bank Group will
also be making additional donations to organizations supporting
relief and recovery efforts in Alberta including but not limited to the
Jasper Community Team Society, the Wood Buffalo Community
Foundation and the United Way of the Alberta Capital Region
Wildfire Response and Recovery Fund. CIBC will be making a donation
to the CIBC Foundation Alberta Emergency Relief Fund, providing
short and long-term relief to local organizations affected by the
fires.
"During this challenging time, our priority is to stand with the
communities in Alberta impacted by
the fires. The collective efforts of banks and the generosity of
individuals are needed to help the Canadian Red Cross and other
organizations to deliver essential relief. We encourage all
Canadians to contribute to these efforts if they're able." -
Anthony G. Ostler, President &
CEO, Canadian Bankers Association.
How Canadians can help
Canadians who are in a position to donate to the Canadian Red
Cross 2024 Alberta Wildfires Appeal or the
Canadian Disaster Relief Fund can do so online at
redcross.ca, by calling 1-800-418-1111, or at any branch or online
where available from the banks listed below starting July 29:
- BMO
- Canadian Western Bank
- RBC
- Scotiabank
- TD Bank Group
The Government of Canada and
the Government of Alberta will
match donations made to the Canadian Red Cross' 2024 Alberta
Wildfires Appeal to support the disaster relief efforts in
Alberta.
Several banks will also be encouraging customers and employees
to donate through online portals. Banks in Canada have long supported humanitarian and
emergency relief appeals in Canada
and internationally to help those affected by extreme weather,
natural catastrophes, health crises and conflicts.
Canadians in the affected areas who need help with their
finances are encouraged to contact their bank for assistance.
About the Canadian Bankers Association
The Canadian
Bankers Association is the voice of more than 60 domestic and
foreign banks that help drive Canada's economic growth and prosperity. The
CBA advocates for public policies that contribute to a sound,
thriving banking system to ensure Canadians can succeed in their
financial goals. www.cba.ca.
Follow the CBA on Twitter: @CdnBankers
Follow the CBA on LinkedIn
SOURCE Canadian Bankers Association