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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Post by Dibah420on Jun 28, 2022 11:03am
135 Views
Post# 34787493

Good for Scotia

Good for Scotia

Scotiabank pauses Hockey Canada sponsorship amid outcry over alleged sex assault

 
 
Video will begin after these messages...
Hockey Canada's federal funding has been frozen in the wake of its handling of sexual assault allegations. Dr. Ann Pegoraro, the Lang Chair in Sport Managment at the University of Guelph, talks about the controversy and rebuilding the culture in Canadian sports.

Scotiabank says it is pausing its sponsorship of Hockey Canada amid a firestorm over how the sport’s governing body handled a recent probe of sexual assault allegations.

The longtime sponsor says the pause will last until the bank is confident the right steps are taken to improve the culture within the sport.

The development comes after the federal government froze public funding to the national sport organization last week in response to its handling of an alleged sexual assault and out-of-court settlement.

READ MORE: Hockey Canada’s non-disclosure agreement in crosshairs of parliamentary committee

Hockey Canada quietly settled a lawsuit last month after a woman claimed she was assaulted by members of the country’s 2018 gold-medal winning world junior hockey team at a gala and golf function four years ago in London, Ont.

STORY CONTINUES BELOW ADVERTISEMENT

None of the allegations have been proven in court.

Hockey Canada executives were grilled by legislators on Parliament Hill last week during a Standing Committee on Canadian Heritage meeting.

Click to play video: 'Sports minister says government freezing funds for Hockey Canada amid scrutiny' Sports minister says government freezing funds for Hockey Canada amid scrutiny
Sports minister says government freezing funds for Hockey Canada amid scrutiny

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