BMO Financial Group Receives Progressive Aboriginal Relations Award for its
Work with Aboriginal Communities, Businesses and Peoples
- Sets the Gold Standard with Fourth Progressive Aboriginal Relations
- BMO has increased access to financing, leading to growth in
business and infrastructure development
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/23/13 -- Today, at
the 11th Annual Gala Luncheon, BMO Financial Group was presented with
a Gold level standing in the Progressive Aboriginal Relations (PAR)
program by the Canadian Council for Aboriginal Business (CCAB) for
its efforts to enhance partnerships with Canada's First Peoples.
CCAB's Progressive Aboriginal Relations certification program helps
companies benchmark their performance and recognizes their commitment
and success in building positive relations with Aboriginal people and
communities. Companies can be re-certified every three years.
"This is an exceptional achievement, as BMO was the first bank to
achieve Gold Level certification in Canada and is the only bank to
achieve this level for the fourth consecutive time," said JP Gladu,
President and CEO, Canadian Council for Aboriginal Business. "BMO
continues to be a leader through its work in financial literacy,
skills development and assistance with building relationships with
key leaders in the Aboriginal community. In recent years, Aboriginal
communities have received access to unprecedented financial resources
and BMO has been an integral part of this transformation."
Successful recipients of the PAR Award are assessed in four key
areas: employment, business development, capacity building and
"For the last 25 years, BMO has been a leading partner with Canada's
Aboriginal Communities. These last couple of years have been marked
by unprecedented growth in hiring, developing and retaining
Aboriginal talent and also building strong relationships with
governments and businesses to better serve Aboriginal communities,"
said Stephen Fay, Head, Aboriginal Banking, BMO Financial Group. "We
want to offer our sincere thanks to the team at the CCAB for
recognizing our involvement and proving that we're up to the
challenge of being a leader in this space for the next 25 years."
About BMO and the Aboriginal Community
In 2012, BMO celebrated twenty years of working with Aboriginal
peoples in their communities. BMO's Aboriginal Banking Unit has 13
on-reserve branches and a more than $2 billion business relationship
with Aboriginal customers. With a dedicated experienced team, BMO is
able to help Aboriginal customers with products and services to meet
their personal banking needs, provide financial advice to on-reserve
businesses, and partner with communities on their economic
development initiatives and provide customized trust and investment
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly-diversified North American financial services organization.
With total assets of $549 billion as at July 31, 2013, and more than
46,000 employees, BMO Financial Group provides a broad range of
personal and commercial banking, wealth management and investment
banking products and solutions.
CCAB is committed to the full participation of Aboriginal people in
Canada's economy. A national non-profit organization, CCAB offers
knowledge, resources and programs to both mainstream and Aboriginal
owned companies that foster economic opportunities for Aboriginal
people and business across Canada.
Laurie Grant, Vancouver
Alexis Brown, Toronto
Valerie Doucet, Montreal
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