Laurentian Bank Launches New Corporate Giving Program

MONTREAL, January 16, 2023 /CNW Telbec/ – Laurentian Bank of Canada (the “Bank”) is proud to launch today its renewed corporate philanthropy program called “Giving Beyond Numbers”. This program was established in line with the Bank’s new purpose, core values ​​and strategic plan presented in its December 2021 Investor day. As part of this new program, the Bank has recently made donations totaling $400,000 to seven organizations dedicated to promoting equity in economic inclusion. These donations are part of the most $750,000 that the Bank donated to charities and non-profit organizations in fiscal year 2022.

Through its new focused approach, the Bank aims to support local organizations across the country that are working for the economic inclusion of newcomers and refugees, as well as those whose mission is to combat economic inequalities that affect underrepresented groups such as communities of color, 2SLGBTQIA+ communities, Indigenous Peoples, and people living with disabilities.

“Our new Giving Beyond Numbers program represents an important milestone in our three-year strategic plan as part of our commitment to make the best choice and integrate ESG principles into all of the Bank’s operations and activities. We are very proud to provide financial support to these deserving organizations that are dedicated to creating more inclusive, fair and united communities. At Laurentian Bank, we believe that we can change banking for the better, and that for the better starts when everyone feels they belong and has the opportunity to thrive,” said Rania LlewellynChairman and CEO of Laurentian Bank.

List of supported organizations

  • United for Literacy (formerly Frontier College) is a national literacy charity. He works with volunteers and community partners to give people the skills and confidence they need to reach their full potential. The Laurentian Bank donation of $100,000 it will support the necessary infrastructure to develop adult literacy programs.

  • NIB Trust Fund is an organization that helps First Nations and Métis individuals, organizations and communities address the lasting impacts of the Indian residential school system and supports educational programs aimed at healing and reconciliation. The funds raised will be distributed through a competitive application process to individuals or groups who wish to continue their studies or have a project aligned with the organization’s mission. NIB Trust Fund received a $50,000 bank donation.

  • LGBTQ+ Action with Immigrants and Refugees (AGIR) is an organization by and for LGBTQ+ migrants and refugees in Montreal. AGIR’s mission is to protect and advocate for the legal, social and economic rights of LGBTQ+ migrants and refugees through individual support services and community building initiatives. The banks $50,000 the donation will help support AGIR’s daily operations.

  • the 519 is Canada the leading multi-service agency dedicated to the health, happiness and full participation of 2SLGBTQIA+ communities. The donation from the Bank of $50,000 will be used to support the “Settling In” initiative, which helps more than 1,500 LGBTQ+ refugees and new arrivals to resettle in Canada every year.

  • He Multiethnic Association for the Integration of People with Disabilities is a MontrealGrassroots organization that works for the integration and inclusion of people who live at the intersection of all types of disabilities and immigration status. The Laurentian Bank donation of $50,000 will help support your daily operations.

  • The Francophone Center of Greater Toronto is the largest multidisciplinary center offering French language services at seven locations in the Greater Toronto Area. The organization offers a wide range of services and programs covering medical care, mental health, resettlement and integration support for newcomers, employment and entrepreneurship, legal aid, early childhood development and youth, and access to housing. The banks $50,000 The donation will be used to support the Acceso a la Vivienda y Apoyo a la Vivienda program, which aims to provide affordable housing to Francophones in need in the Greater Toronto Area.

  • Small hands is a Montreal-organization of grassroots social integration. It supports women in need, mainly immigrants, single mothers and receiving social assistance or without income, to get out of social isolation, learn a trade and integrate into work, to live with dignity. laurentian bank $50,000 the donation will support the daily operations of Petites-Mains.

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Quotes

“NIB Trust Fund supports First Nation and Métis communities, organizations and students by funding educational programs and opportunities that address the harms inflicted by residential schools. This grant will allow us to continue to provide community development, language, culture, ceremony, education, employment and healing opportunities for the 79 organizations and 1,205 individual beneficiaries we funded this year Kinanâzskomitin, Maarsii.”

Naomi RacetteExecutive Director of the NIB Trust Fund

“With this generous donation from Laurentian Bank, we are able to continue our efforts to support the education of 2,500 adults in Canada through community and employment programs. By creating access to student-centered learning opportunities, students can improve their literacy and numeracy skills to pursue personal goals like applying for a job or getting a driver’s license, or pursuing other training programs.”

Mélanie Valcin, President and CEO of United for Literacy

“Through the generosity of Laurentian Bank, AGIR will be able to expand the offer of our specialized individual support services to LGBTQIA+ refugees and migrants in Montreal – which is more important than ever with our growing waiting list. These funds will help us immensely in providing strong one-on-one support services to our members.”

amanda chineseAGIR co-director

“Our newcomer and settlement programs are critical to the success of LGBTQ+ refugees seeking to make their home in toronto. Often arriving with few resources, the 519 provides community, support, and a new life for participants. We are very grateful to Laurentian Bank for this significant investment in the future of 2SLGBTQIA+ communities that will support the food security, social connection and settlement needs of our community members.”

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Curran StikutsDirector of Public Interest and Community Relations for The 519

“There is no better gift than giving oneself with a spirit of selfless love for a noble cause, which gives meaning to the lives of the weak,” said the pastor. Martin Luther King. This statement seems to us to sum up the interest of the Laurentian Bank, to which we sincerely thank, for immigrants living with disabilities.”

Smaille Pierrilus, General Director of the Multi-Ethnic Association for the Integration of Persons with Disabilities

“Access to affordable housing is a major barrier to successful integration for the many French-speaking immigrants settling in the Greater Toronto Area. We would like to thank Laurentian Bank from the bottom of our hearts for this partnership which will allow us to provide concrete financial support to those seeking housing who face financial barriers and are at risk of homelessness. This donation will allow us to provide one-time financial support, ensure food security and housing stabilization, as well as connect beneficiaries with other Center services or partners.”

Florence Nzenzebuhoro. General Manager of the Center Francophone du Grand Toronto

“I would like to thank Laurentian Bank for their invaluable support of Petites-Mains’ social mission. This donation will have a direct impact on the lives of the women and their families who come to us to find their place in Quebec.”

Nahid Abumansourco-founder and CEO of Petites-Mains

About Laurentian Bank

At Laurentian Bank, we believe we can change banking for the better. Seeing beyond the numbers.

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Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities prosper. Today, we have approximately 3,000 employees who work together as one team to provide a wide range of financial services and advisory-based solutions to clients around the world. Canada Y the United States. We protect, manage and grow $50.7 billion in the assets of the balance sheet and $27.2 billion in assets under management.

We drive results by putting our customers first, making the best choice, acting boldly, and believing that everyone belongs.

SOURCE Laurentian Bank of Canada

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