Canada’s banks stand with Canadians in honouring the memory of Queen Elizabeth II. We will reflect on the Queen’s legacy by observing a moment of silence on Sept. 19, 2022. By keeping the banking system open, banks ensure the continuous functioning of payroll for workers, scheduled bill payments, child support, and mortgage closings. Contact mlabreche@cba.ca.
The Canadian Bankers Association published the findings of a recent survey, How Canadians Bank, which finds 78 per cent of customers have come to rely on digital channels to conduct most of their banking thanks to the widespread migration to digital technologies driven by public health measures. “Reliable digital banking solutions were already in place when it mattered … Read more
Banks in Canada are supporting organizations providing immediate help in response to the humanitarian crisis unfolding in Ukraine. Support includes collecting financial donations in bank branches and making corporate donations directly to the Canadian Red Cross and other emergency aid organizations. Anthony G. Ostler, president and CEO, Canadian Bankers Association, said “Banks in Canada stand in … Read more
The Canadian Bankers Association announce that Lucie Blanchet has been appointed Chair of the CBA’s Executive Council, effective immediately, for a two-year term ending in 2024. The full release is available online.
Neil McLaughlin, Chair of the Executive Council of the Canadian Bankers Association, announced that Anthony G. Ostler has been named as the incoming President and Chief Executive Officer of the CBA, effective February 28, 2022. The full release is available online. Contact: mlabreche@cba.ca.
As British Columbia manages the devastating flooding and landslides resulting from extreme weather in the province, banks in Canada are helping those affected including collecting financial donations in bank branches for Canadian Red Cross relief efforts and making corporate donations directly to the Red Cross and other relief organizations. BMO, Canadian Western Bank, HSBC Bank Canada, … Read more
Neil Parmenter, president and CEO of the Canadian Bankers Association, has notified the Association’s Executive Council of his resignation from his current role, effective Dec. 23, 2021. Parmenter had been with the CBA since May 2017 and the Executive Council has commenced the search for his replacement. The full release is available online. Call 416-918-2777.
Banks in Canada are working with the Government of Canada to deliver relief to these businesses through the Highly Affected Sectors Credit Availability Program Guarantee. Canada’s banks and the federal government are here to support our hardest-hit businesses, bridge them through the crisis and help pave the way to a stronger future,” said Neil Parmenter, President … Read more
In recognition of Financial Literacy Month in November, the Canadian Bankers Association announced a year-long sponsorship of ABC Life Literacy Canada’s program ABC Internet Matters. The program provides introductory digital literacy education for Canadian seniors who are not using the internet and adult learners who have a gap on the digital curve, some of whom may … Read more
Canada’s banks will begin accepting applications from business customers for the third phase of the federal government’s Canada Emergency Business Account (CEBA) program, starting June 26. CEBA is administered by Export Development Canada, which is working closely with banks in Canada to deliver the loans. “Small businesses are the cornerstone of Canada’s economy and a vital … Read more
