TORONTO, July 9, 2024
/CNW/ - Banks in Canada have
pledged support to organizations providing on-the-ground relief and
help to those affected by Hurricane Beryl, which has devastated
communities in the Caribbean
region. To support those affected, banks are making corporate
donations directly to the Canadian Red Cross and other relief
organizations and opening up online portals to accept donations
from customers and employees.
CIBC, RBC, Scotiabank and TD Bank Group are making corporate
donations to support relief efforts, including to the Canadian Red
Cross' 2024 Hurricane Beryl Appeal, the CIBC Caribbean
ComTrust Foundation, United Way Jamaica, and United Way Trinidad
& Tobago. Donations will be used to support physical relief
efforts as well as recovery and resilience efforts.
How Canadians can help
Canadians who are in a position to donate can do so online to
the Canadian Red Cross 2024 Hurricane Beryl Appeal and many
other local organizations are accepting donations.
BMO and Scotiabank will also be accepting financial donations in
branch to support the relief efforts. Several banks will also be
encouraging customers and employees to donate through their online
portals where corporate matching programs may apply.
"The banking sector in Canada
is dedicated to supporting communities in the Caribbean affected by Hurricane Beryl.
Donations from individuals and banks will assist relief
organizations with providing necessary on-the-ground help. We
recognize the need for aid and resources and we urge Canadians who
are able to support the relief efforts to make a donation." -
Anthony G. Ostler, President &
CEO, Canadian Bankers Association.
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
Watch videos: Youtube.com/CdnBankers
Follow the CBA on LinkedIn
SOURCE Canadian Bankers Association