Scotiabank's Public Policy Activities
Scotiabank is proud to be an active and informed participant in discussions on public policy issues that affect the financial sector and our operating environment. As one of its leading corporate citizens, Scotiabank also works to support the political process and democratic institutions in Canada.
Scotiabank's policy-related activities
Scotiabank participates in public policy discussions through the Canadian Bankers Association, and engages directly with all levels of government on both domestic and international issues of relevance to the Bank, the banking industry and the Canadian economy more broadly. Scotiabank also provides support or sponsorship for events, programs and forums that encourage public policy discussions and awareness of issues.
The Bank also plays a leadership role in discussions aimed at developing public policy in the interest of a stronger Canada and a better world. Internationally, Scotiabank is a significant contributor to the work of the Institute of International Finance (IIF) in Washington, D.C. Scotiabank President and CEO Brian Porter serves as the Vice Chairman and Treasurer of the IIF Board of Directors, effective January 1, 2017. He has been a Board Member since 2014. As a member of the Business Council of Canada, the Bank participates in discussions and activities aimed at supporting Canada’s economic growth and competitiveness.
Along with these activities, Scotiabank provides funding to numerous conferences and non-governmental organizations focused on public policy, such as the C.D. Howe Institute, the Canadian Council for the Americas and the Canadian Chamber of Commerce.
Scotiabank public policy priorities
Scotiabank has a number of priorities that guide our public policy activities and engagement. For example, we work towards:
- Achieving a balance between robust economic growth and financial stability by participating in domestic and international discussions on financial sector policy and regulation.
- Building Toronto into one of the world's top financial services hubs, in part through our participation in the Toronto Financial Services Alliance.
- Deepening our international relationships by expanding Canada's global commercial ties, supporting its trade and investment agenda and contributing to growth and investment in key markets.
- Promoting responsible investment and open markets around the world in order to create new opportunities and jobs—including through economic development projects and the promotion of financial inclusion.
- Cooperating with stakeholders in the public and private sectors to achieve our common aims to the benefit and well being of our customers and communities in Canada and around the world.