Banks, companies step up with cash to assist B.C. wildfire victims
Toronto: Canada’s big banks and other companies are donating sizeable sums to the Canadian Red Cross to help the victims of the wildfires in British Columbia.
About 14,000 people have been displaced by more than 200 wildfires and an official with Emergency Management BC said Tuesday that the situation continues to deteriorate.
The Canadian Red Cross has said cash donations for wildfire victims are coming in at an overwhelming rate from across B.C. and Canada, and with the crisis expected to continue, there is no set goal for fundraising efforts.
On Tuesday, Scotiabank, CIBC, Royal Bank and the Bank of Montreal each said they would donate $50,000 to the relief effort.
The banks also said donations to the Red Cross can be made at any of their branches. Donors are asked to indicate that their donation is for the British Columbia Fires Appeal.
Other corporate donations announced Tuesday include $100,000 each from the Honda Canada Foundation and the British Columbia Automobile Association, plus $25,000 each from Sun Life Financial and CN Rail.
“BCAA has seen first-hand the overwhelming effects of forest fires on communities, including some of the most destructive wildfires in B.C.’s history and we want to help in any way that we can,” says president and CEO Shom Sen.