Through ScotiaRISE, the Bank has supported nearly 200 charities and deployed $26 million of community investments worldwide in its first year

TORONTO, February 22, 2022 /CNW/ – Scotiabank today announced a donation of $900,000 at Habitat for Humanity Canada Each youth initiativea national program that provides work experience for youth, including youth at risk, as part of the Bank’s commitment to removing barriers to career advancement for underrepresented groups.

Click on here to see how Habitat Canada is breaking down barriers to career advancement for young people across the country while helping fill a shortage of skilled workers.

Scotiabank’s donation will help Habitat for Humanity Canada (Habitat Canada) engage more youth, including youth at risk and Indigenous youth, to gain hands-on training and gain skills development experience. Habitat from Canada Each youth initiative provides young people with meaningful and non-traditional educational experiences, helping them learn about skilled trades they would not otherwise have access to. Program participants have the opportunity to learn skills by helping to build homes for families in need of decent and affordable housing across the country. Local habitats through Canada deliver effective programs in partnership with youth employment groups, building associations, local schools, and Red Seal trade certification programs.

“Scotiabank’s generous support of the Every Youth initiative will help us grow this program through Canada to reach more young people who will benefit from learning real-world skills on a Habitat construction site or in a Habitat ReStore,” says Julia Deans, President and CEO of Habitat Canada. “Young people will not only have the opportunity to learn trades, but also to learn skills in areas such as teamwork, communication and time management – skills that will prepare them to be more successful in the life.”

Scotiabank’s partnership with Habitat Canada is an initiative of ScotiaRISEthe Bank’s 10-year, $500 million initiative to promote economic resilience among disadvantaged groups.

“We are proud to support Habitat for Humanity Canada by helping to provide youth with life-changing educational experiences,” said Meigan Terry, Senior Vice President and Head of Social Impact, Sustainability and Communications at Scotiabank. “Engaging young people in rewarding work experiences helps develop important skills and core values ​​and motivates them to build rewarding careers.”

Through ScotiaRISE, Scotiabank partners with programs and organizations across its footprint that provide the tools people need to improve their education and employment prospects, adapt to changing circumstances changes and increase the likelihood of financial success.

To date, ScotiaRISE has supported nearly 200 charities globally and surpassed its first year goal with $26 million deployed in community investments.

For more information about 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 clients, their families and their communities succeed through a wide range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate banking and investment banking. , and capital markets. With a team of approximately 90,000 employees and assets of approximately $1.2 trillion (as of October 31, 2021), Scotiabank is listed on the Toronto Stock Exchange (TSX: BNS) and the New York Stock Exchange (NYSE: SNB). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

About Habitat for Humanity Canada:
Founded in 1985, Habitat for Humanity Canada is a national charity working for a world where everyone has a decent and affordable place to call home. Habitat for Humanity brings communities together to help families build strength, stability and independence through home ownership. With the help of volunteers, Habitat owners and 50 local Habitats working in every province and territory, we provide a strong foundation for better, healthier lives in Canada and around the world. Habitat for Humanity Canada is a member of Habitat for Humanity International, which was established in 1976 and has grown into a leading global nonprofit working in more than 70 countries. For more information, please visit www.habitat.ca.

SOURCEScotiabank

For more information: Stephanie Cangelosi, Global Communications, [email protected]