2003 Public Accountability Statement
Message to Stakeholders white divider Communities white divider Employee Involvement white divider Community Development white divider Environment white divider Customers white divider Small Business white divider Employee Satisfaction white divider Corporate Information white divider Appendices
Education white divider Health white divider Social Services white divider Arts & Culture
page 14 picture By supporting a diverse range of educational programs, Scotiabank hopes to give young people the skills, tools and experiences to develop to their potential, ultimately enriching themselves and the broader community around them. The initiatives we support benefit all stages of learning - from early education through to post-secondary graduate studies - and improve the quality and access to leading education for many Canadians. In 2003 alone, Scotiabank donated more than $4.5 million in education-related giving including donations to colleges and universities across the country.


  • The acclaimed Robarts Research Institute in London, Ont., received a $150,000 donation from Scotiabank to facilitate in-depth cell research of major diseases by purchasing state-of-the-art microscopy that provides 3-D computer images of living cells in real time. Since the institute was opened in 1986, Scotiabank has donated $340,000, and this latest gift is the first instalment of a multi-year commitment.
  • With its historical roots in Nova Scotia, Scotiabank was pleased to announce a commitment of $500,000 to Dalhousie University's Management Without Borders campaign to help construct an urgently needed building for the Faculty of Management. Scotiabank has donated more than $2.1 million to Dalhousie over the past 30 years.
  • Southern Alberta Institute of Technology (SAIT) is one of Canada's premier schools of advanced technology, successfully helping 97% of its students find employment within nine months of graduation. A five-year, $150,000 donation from Scotiabank will allow SAIT to build and restore facilities, upgrade equipment and create a new electronic infrastructure.
  • To give high school students the chance to demonstrate their engineering abilities and teamwork, Scotiabank helped sponsor the FIRST (For Inspiration and Recognition of Science and Technology) Robotics Canadian Regional Competition. FIRST combines the practical application of science and technology with the excitement of a sporting event, as teams build robots and compete for awards. The Bank also provided funding to four qualifying Canadian schools to travel to the international competition and several executives from Scotia Capital and Scotia intek, Scotiabank's systems and operations division, served as judges.
  • Scotiabank has been a dedicated, longtime supporter of the Canadian Merit Scholarship Foundation, which identifies and supports talented students who show promise of leadership and a strong commitment to community service. For more than 10 years, Scotiabank has funded awards to national and provincial finalists.
  • For the second year in a row, Scotia Capital hosted a special "Invest in Kids Day," by which the investment dealer and its institutional clients donated more than $670,000 in equity trading commissions to the Invest in Kids Foundation to fund research and educational programs that give young children a good start in life.
  • The City of Langley, B.C., is able to double the size of its public library and provide patrons with a pleasant environment to read, study and relax, thanks to a $50,000, five-year contribution by Scotiabank to the community's new City Hall and Library complex.
  • Branch staff in Sussex, N.B., in partnership with committee members from the Sussex Elementary Home and School Association, helped to organize a wooden duck race and raised $10,000 in support of upgrades to the school's track and field area.
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