SCOTIABANK TO THE RESCUE?

Wednesday Apr 14th, 2021

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Scotiabank has announced that it will be deploying approximately $10 billion over the next decade in support of Canada Mortgage and Housing Corporation initiatives aiming to improve housing affordability across the country.

“We are facing a clear shortage of affordable housing in Canada and Scotiabank is proud to work with CMHC to raise that supply,” said Jake Lawrence, CEO and group head of global banking and markets at Scotiabank. “Scotiabank is committed to developing innovative lending, investing and underwriting solutions for retail, commercial and corporate clients who support the achievement of this important housing objective in Canada.”# SANDI HALPERN # SOLD # LEASED # BANK

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