Community Relief and Recovery Initiatives
TD Community Resilience Initiative
As part of the TD Ready Commitment platform, TD will allocate $25 million to help strengthen community resilience today and into the future. This comprehensive program includes funding, employee engagement and on-going collaboration with organizations and community groups that operate locally, regionally and nationally in Canada and the United States across TD’s operating footprint. This includes:
- Existing TD-supported community organizations to fund immediate, short- term needs and help save not-for-profit jobs at risk due to funding shortfalls
- A redirection of funds to regional community banking offices for a more local response to regional COVID-19 impacts in Canada and in the U.S.
- Donation to the United Way Local Love Fund to help fill gaps created by the increased and changing demand for services created by the COVID-19 pandemic
- Community initiatives that help support healthcare workers, including $1 million to The Frontline Fund to assist Canadian frontline healthcare workers with supplies, support and research funding to fight COVID-19; and $1 million to the Canadian Association of Community Health Centres and the U.S.- based National Association of Community Health Centers to support their work with society’s most vulnerable citizens.
Full program details are available here.
TD is pleased to be able to honour our 2020 internships and co-op placements despite COVID-19. Approximately 400 students across North America will complete their summer programs virtually, including 12 participants in the TD Insurance Indigenous Intern program. Learn more here.
Ongoing Support for Mental Health Services
Mental health services have seen a significant increase in the number of people reaching out for support since the beginning of the COVID-19 pandemic. In light of the tragic events in Nova Scotia in April, and to support immediate and long term mental health services, TD has donated $100,000 to the Strongest Families Institute in Halifax. These funds will help support mental health services to children, youth, adults and familiesin rural or under-resourced communities.
TD is also working with the Toronto-based Centre for Addiction and Mental Health (CAMH) to share information on mental wellness and the relationship between financial and mental well-being. More information can be found in the article in the TD Newsroom.
TD Ready Advice Hub
TD has introduced a new online hub that will provide helpful content with information and tips on topics that reflect some of the challenges Canadians are facing during this global pandemic. Visit the TD Ready Advice hub to learn more.