ScotiaRISE
We have committed $500 million in community investment by 2030 to help people RISE
Life can be unpredictable. At Scotiabank, we believe it’s important that everyone has the ability to do more than simply recover from times of uncertainty, but instead rise from them stronger than before. Building economic resilience is about helping individuals, households, communities and economies to thrive under a range of circumstances.
But resilience doesn’t just happen – it has to be nurtured and invested in over time. ScotiaRISE is our 10-year, $500 million initiative to promote economic resilience among disadvantaged groups. By working together to remove barriers to advancement and increase access to opportunities, we can create a more inclusive and resilient world for everyone. And for every future.
Our focus areas
ScotiaRISE will invest in three focus areas across the geographies where Scotiabank operates:
Increasing high school graduation and post-secondary participation
Helping disadvantaged youth to increase their employment prospects, life opportunities and full participation in the economy.
Helping newcomers feel at home faster
Fast-tracking the way to meaningful employment in order to support their contribution to the prosperity and social fabric of their communities.
Removing barriers to career advancement for disadvantaged groups
Helping to enable their full inclusion and financial success.
Impact stories
Scotiabank makes 10-year, $500M commitment to foster economic resilience among disadvantaged groups
ScotiaRISE seeks to help people improve education and employment prospects, adapt to changing circumstances, and increase the likelihood of financial success.
Immigrants are a form of economic stimulus and businesses must help them succeed
Op-Ed by Dan Rees, Group Head of Canadian Banking, first published in Globe and Mail.
Chart: Employment gains for women, youth drive jobs recovery
Statistics show that the employment growth is slowly recovering in September while youth employment recovery continues to lag.
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