Canada Life, IGM Financial and Power Corporation of Canada announced March 23 a $1 million joint contribution to support COVID-19 crisis relief efforts.
The funding will help support the immediate needs of foodbanks, which are struggling to cope with increased demand. It will also provide resources to other needs of vulnerable people, using the expertise of the United Way and Centraide du Grand Montréal. The money will also “assist with the very real pressures faced by small businesses across Canada,” stated the companies.
"We salute and express our deep thanks to the charities and all the front-line staff who are working so tirelessly to keep us all safe and healthy." said Jeffrey Orr, President and Chief Executive Officer of Power Corporation. "Our group of companies has always put the wellbeing of our communities, customers and employees at the forefront of what we do. This is truly a time to underscore our commitment with tangible support."