Ms. Pamela Allen of MD Financial reports

MD FINANCIAL MANAGEMENT AND SCOTIABANK TEAM UP WITH THE BLACK MEDICAL STUDENTS' ASSOCIATION OF CANADA TO SUPPORT BLACK MEDICAL STUDENTS

MD Financial Management Ltd., Bank of Nova Scotia and the Black Medical Students' Association of Canada (BMSAC) have entered into a three-year agreement to support initiatives that facilitate social connection and mentorship among black medical students, residents and physicians.

The agreement supports various programs and activities, including community-level events for black medical students held across the country that foster connection and encourage collaboration. It also includes support for the BMSAC's annual general meeting which serves as a valuable opportunity for black medical students to connect, learn and collaborate nationally.

"We are pleased to team up with the Black Medical Students' Association of Canada to support professional development activities for their members that deepen connections and provide valuable mentorship opportunities," said Pamela Allen, chief executive officer, MD. "MD and Scotiabank are committed to fostering a diverse, equitable and inclusive culture within our business and in the communities we serve."

"We are proud to work with MD and Scotiabank to support our mission and build upon the work we are doing to secure equitable representation and inclusive training for black medical students and better equip Canada's future physicians to serve black communities in Canada," said Khadija Brouillette, chair, BMSAC. "We look forward to working with MD and Scotiabank to engage with and advance the personal and professional development of black medical students."

As part of the agreement, MD and Scotiabank will be the exclusive financial services partner of the BMSAC and will offer their members access to comprehensive banking and wealth management services tailored to the needs of physicians, medical learners and their families across the various stages of the physician life cycle.

Through relationships with more than 40 physician-member organizations, MD and Scotiabank are committed to providing financial support and educational resources to Canada's medical students, residents, physicians and their families. Together, MD and Scotiabank share values that help build a more sustainable health care system.

About the affinity agreement

The Canadian Medical Association, MD Financial Management and Scotiabank together proudly support this initiative, which is one of several that comprise the bank's $115-million commitment to supporting the medical profession and advancing health in Canada.

About Bank of Nova Scotia

Scotiabank's vision is to be its clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by its purpose, "for every future," the bank helps its clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4-trillion (as at Jan. 31, 2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).