Canada NewsWire
TORONTO, Sept. 29, 2021
TORONTO, Sept. 29, 2021 /CNW/ - To commemorate the first National Day for Truth and Reconciliation on September 30, BMO today announced $600,000 in donations to Indigenous organizations across Canada. Selected in consultation with BMO's Indigenous Advisory Council, several of the Indigenous-led organizations focus on promoting emotional and spiritual healing for Survivors, their families and communities; while others focus on advancing cultural reclamation, such as language and traditional, land-based learning. All play an important role in the journey toward Truth and Reconciliation.
"As we prepare to mark the National Day for Truth and Reconciliation, we reflect on the challenge of overcoming the damage done to generations of Indigenous children, families, communities and cultures by the Indian Residential School System in Canada," said Mike Bonner, Head, Canadian Business Banking, BMO Bank of Montreal and Co-Chair, BMO Indigenous Advisory Council. "These donations recognize the need for a holistic approach to empowerment and reflect the ongoing, collaborative partnership that underlies BMO's relationship with Indigenous communities. They also embody our Purpose: to Boldly Grow the Good in business and life by building vibrant communities for a brighter and a more inclusive future – and advancing the call of Truth and Reconciliation across Canada."
"We thank BMO for their support of the Na-mi-quai-ni-mak Fund," said Stephanie Scott, Executive Director for the NCTR. "This donation is an investment in the healing of Survivors and their communities. For the country to move forward together, our communities need to heal. The Na-mi-quai-ni-mak program plays an important role in this healing."
Remembering the past, healing today for tomorrow, renewing Indigenous culture and self-determination – the following organizations have received donations:
On September 30, along with the rest of Canada, BMO's employees in Canada will observe the National Day for Truth and Reconciliation as an occasion to reflect on our shared history and its impacts and reaffirm our commitment to Truth and Reconciliation. Click here to view Wîcihitowin ᐑᒋᐦᐃᑐᐏᐣ, BMO's first annual Indigenous Partnerships and Progress Report.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $971 billion as of July 31, 2021, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group
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