- Largest corporate commitment in United Way Greater
Toronto's history
- Gift will ensure that young people and their families
have the necessary skills and resources they need to support their
success.
TORONTO, Feb. 4, 2019 /CNW/ - Today, United Way Greater
Toronto announced a $15-million
investment from Scotiabank to help ensure that young people in the
GTA have the opportunities and resources they need to have a bright
future. The funds – the largest corporate commitment in United Way
Greater Toronto's history – will be invested in a network of
agencies across Peel, Toronto and
York that support more than
245,000 young people and their families, each year.
Scotiabank's $15-million
investment over five years will focus on supporting young people in
each of the critical stages of development:
- In the crucial early years of life, community programming
strengthens the bonds between parent and child for positive
outcomes.
- In the middle years, agencies make connection between family,
school and community: breakfast groups, after-school homework and
recreation clubs, summer programming and overnight
camps.
- As they move into adulthood, community programs
give high-schoolers the skills to navigate in a new world:
media literacy, tools for resilience and mental health
supports.
Why is this important?
A growing opportunity gap in the GTA is making it harder than
ever for young people to thrive. While the GTA is the economic
engine of Canada, it is also the
child poverty capital of Canada.
Beyond the personal impact, this unignorable issue hurts our
society more broadly. Investing in young people today prepares them
to take on the opportunities of tomorrow. United Way community
investments ensure that no one is left behind – from infancy to
independence.
About the 2018 Campaign
The Greater Toronto Fundraising campaign is the most ambitious
local United Way fundraising campaign in the world. This year,
Scotiabank CEO Brian Porter served
as the Chair of the campaign and the overall results will be
announced on February 7, 2019.
Quotes:
Brian Porter President and
Chief Executive Officer, Scotiabank; United Way Greater Toronto
Campaign Chair: At Scotiabank, giving back to the
communities in which we live and work is an important part of our
culture, and we are very proud to have United Way as one of our
longstanding charitable partners. We are confident that our
investment will make a real and lasting difference for young
people, and their families, across the GTA.
Daniele Zanotti, United Way
Greater Toronto President and CEO: Young people have the
world ahead of them. To succeed, they need their community behind
them. By connecting young people with the power of community, this
investment from Scotiabank is bending the opportunity curve and
ensuring that everyone has equal access to opportunity. Ultimately,
that's how we move forward as a region and ensure the GTA's future
success.
About United Way: United Way Greater Toronto is dedicated
to fighting local poverty in all its forms, working with
communities in Peel, Toronto, and
York Region. Together with our partners, we create opportunities
for a better life for everyone across our region. As the largest
non-governmental funder of social services in our region, United
Way Greater Toronto mobilizes people and resources to support a
network of agencies that help people when and where they need it
most. Join United Way's #UprisingofCare and help us build a region
where poverty has no power. unitedwaygt.org
About Scotiabank: At Scotiabank, we aim to support
organizations that are committed to helping young people reach
their infinite potential. Young people are our future leaders and
Scotiabank's goal is to help ensure that they have the necessary
skills and resources they need to support their success. Together
with our employees, the Bank supports causes at a grassroots level.
Recognized as a leader for our charitable donations and
philanthropic activities, in 2018, Scotiabank contributed more than
$80 million to help our communities
around the world.
Scotiabank is Canada's
international bank and a leading financial services provider in the
Americas. We are dedicated to helping our more than 25 million
customers become better off 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 more than 97,000
employees and assets of $998 billion
(as at October 31, 2018), Scotiabank
trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
www.scotiabank.com and follow us on Twitter @ScotiabankViews.
SOURCE Scotiabank