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Scotiabank's $3.1 Million Donation to Big Brothers Big Sisters of Canada Boosts Nationwide Mentorship Programs

Published 06-21-19

Submitted by Scotiabank

Youth mentorship has been given a tremendous boost thanks to a transformational $3.1 million donation by Scotiabank to Big Brothers Big Sisters of Canada.

Hundreds of thousands of young people across Canada are growing up in vulnerable situations including poverty, family instability, or identity-based discrimination. To add to this, it is estimated that at least 15,000 young people are waiting for a Big Brothers Big Sisters mentor. This donation will enable life-changing mentoring relationships that ignite youth potential through guidance, support and role modeling.

"The presence of one caring adult can make all the difference in a young person's life," says W. Matthew Chater, National President & CEO, Big Brothers Big Sisters of Canada. "Research shows that one-to-one mentoring has a Social Return on Investment* of $23-to-1 when it comes to the long-term economic, health, and social outcomes for youth in the most vulnerable situations. With this proven intervention, Scotiabank's donation will have an extraordinary impact on young Canadians."

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