- Founded in 1992, BMO's Indigenous Banking Unit serves Indigenous Peoples and communities across
Canada - Three organizations that focus on education and cultural reclamation will receive donations
"We're honoured to celebrate such an important milestone. Indigenous Banking is more than a business at BMO," said
BMO established its IBU 30 years ago when it made the commitment to do more to serve Indigenous communities. Since then, through a network of branches and business banking offices both on and off reserve, BMO has offered financial products and services, including housing and renovation financing, trust services, investment management solutions, and long-term financing for on-reserve infrastructure and economic development.
To mark the anniversary, BMO is donating more than
Recipients are chosen through consultation with organizations we partner with, communities we serve and
- The
University of Toronto Scarborough , to build Indigenous House, which will open doorways for Indigenous learners, teachers and support workers to thrive on campus, and foster opportunities to put Indigenous inclusion into daily practice - Newo Wellness in
Saskatoon , a day camp that, through a comprehensive and decolonized approach with a focus on Indigenous Worldview, will deliver long term youth programming aimed at teaching wellness tools to influence lifelong healthy habits - Manitou Asiniy-Iniskim-Tsa Xani, to build a learning centre designed by
Douglas Cardinal to house the Manitou Stone,Canada's largest meteorite. Deeply embedded in the culture of Plains Bison Tribes, the artifact will finally be returned to the location where it first landed in the Iron Creek Alberta area
"We're honoured to support inspiring and culturally relevant initiatives that reflect BMO's commitment to advancing Truth and Reconciliation through education, employment and economic empowerment." said Clio Straram, Head, BMO Indigenous Banking Unit.
For more information about how BMO works with Indigenous communities in
Serving customers for more than 200 years and counting, BMO is a highly diversified financial services provider and the 8th largest bank in
SOURCE
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