TD Announces CA$250,000 Donation to Prevent Wildfires and Strengthen Relief Efforts

Class in: Business, Environment
Topics : Corporate social responsibility, public security, NAT

Four Canadian organizations working to mitigate the impacts of wildfires and build community resilience receive funding

TORONTO, May 7, 2024 /CNW/ – With fires breaking out earlier than usual and many signs pointing to a potentially catastrophic wildfire season, TD Bank Group (TD) today announced a payment of donation of CA$250,000 from organizations working to prevent wildfires and strengthen relief efforts in Canadanotably in British Columbia, in Alberta and in the Atlantic provinces.

According to Recent indicators from sources such as Environment and Climate Change Canada and Natural Resources Canadathis fort fire season promises to be the worst than the Canada has never been experienced, highlighting the urgent need to take proactive measures to reduce the growing risk. Currently, approximately 54 fires are raging across the country, including northern British Columbia, northernAlberta and the southern Northwest Territories.

As a member of the communities of Canada, TD is fully aware of the distress, disruption and devastation that wildfires can leave in their wake, said Alicia Rose, associate vice president, Social Impact, Sustainability and Corporate Responsibility. Our goal is to support our communities so that they can overcome these difficult times, in particular by funding organizations that help the population protect themselves, work to avoid the worst and help maintain access to basic necessities. We hope that the donation we are making today will enable these organizations to provide communities with the knowledge and tools necessary to support their prevention and preparedness efforts, so that they are able to reduce the risk of wildfires. proactively and avoid the repercussions as much as possible.

The CA$250,000 donation from TD will be divided equally among the following four organizations:

First Nations Emergency Services Society (FNESS) of British Columbia supports First Nations in British Columbia and plays a vital role in wildfire prevention, training, management and emergency response planning. Its members work with British Columbia communities to strengthen their security through programs to train and support local officials, equip First Nations and provide support to access funding.

The Wildfire Analytics team at the University ofAlberta develops practical, useful, accessible and ready-to-use tools and approaches for decision-makers working to help social and ecological systems continue to thrive in wildfire-risk environments. The team helps communities and firefighters prepare evacuation routes, determine priority areas for unit deployment, and proactively reduce forest fuels by conducting original research and collaborating with fire management officials.

CLIMAtlantic facilitates access to data and information that promotes collaboration between local and regional groups to help communities in the Atlantic provinces adapt to the challenges posed by wildfires and climate change.

GlobalFire, a branch of GlobalMedic, helps strengthen the emergency response capabilities of agencies and communities around the world by collecting and donating fire suppression equipment, training local first responders in firefighting and first aid, as well as carrying out search and rescue operations on a global scale. To support smaller Canadian municipalities, fire departments and Indigenous communities needing to strengthen their current capabilities, the organization has established an equipment lending library to reach areas where needs are most pressing .

About TDBankGroup

The Toronto-Dominion Bank and its subsidiaries are collectively referred to as TDBankGroup (TD or the Bank). TD is the sixth largest bank in North America based on assets and serves more than 27.5 million customers. These services are grouped into four main segments that operate in several financial centers around the world: Personal and commercial banking Canadaincluding TDCanadaTrust and TD auto financing at Canada; U.S. retail services, including TDBankMDAmerica’s Most Convenient BankMDautoTD financing in the United States, Management of TDHeritage in the United States and an interest in The Charles Schwab Corporation; Management of heritage and insurance, including Management of TDHeritage Canada, TD Direct Investing and TDA Insurance; and Wholesale Banking, including TD Securities and TDCowen. Additionally, TD is one of the world’s leading online financial services companies, with more than 17 million active online and mobile customers. As of January 31, 2024, TD’s assets totaled $1.91 trillion. Toronto-Dominion Bank is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol TD.

Source TD Bank Group

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