Five Canadian Banks Collectively Donate $1 Million To Canadian Red Cross For Syrian Refugees Arriving In Canada

TORONTO, December 7, 2015 - BMO Financial Group, CIBC, Royal Bank of Canada, Scotiabank and TD Bank Group will collectively donate $1 million to the Canadian Red Cross to support Syrian refugees arriving in Canada.

Conrad Sauvé, President and CEO of the Canadian Red Cross, noted that more than four million Syrians have been displaced as a result of internal conflict. “The severity of the Syrian refugee crisis is immense,” said Mr. Sauvé. “We deeply appreciate this much-needed support from the banks and all Canadians. This will help refugees begin their transition into new communities, and provide essential services and basic needs assistance in the form of clothing, personal care products, food, and family reunification.”

In September, Canada’s five largest banks donated a total of $1 million to the Canadian Red Cross for essential relief items and first aid to help with the Syrian refugee crisis in Europe.

Customers of all five banks can also make a donation to the Canadian Red Cross at their local branch, effective December 10.

Media Contacts:

André Roberts, RBC, Andre.Roberts@rbc.com, (416) 313-7436
Natasha Ferrari, TD Bank Group, Natasha.ferrari@td.com, (416) 983-7180
Kevin Dove, CIBC, kevin.dove@cibc.com, (416) 980-8835
Erin Truax, Scotiabank, erin.truax@scotiabank.com, (416) 933-2592
Paul Gammal, BMO Financial Group, paul.gammal@bmo.com, (416) 867-3996

Canadian Red Cross national media line: 1-877-599-9602
Québec media can call: 1-888-418-9111