Scotiabank, CMA and MD Financial Management commit further support to physicians during the COVID-19 pandemic

April 29, 2020

Read the full news release on the MD Financial Management website.

Scotiabank, in partnership with the Canadian Medical Association (CMA) and MD Financial Management Inc. (MD), has committed $4.6 million to further support physicians during the COVID-19 pandemic.

“Scotiabank has a long and proud tradition of giving back to the communities in which we live and work. Physicians are courageously battling this pandemic — we want to help alleviate some of the stress and pressure they are facing where we can. We are turning to the guidance of our partners to determine where we can make the greatest impact,” says Glen Gowland, Group Head, Global Wealth Management at Scotiabank.

“Every day, every story illustrates the resolute dedication of Canadian physicians overcoming difficult challenges on the front line. We are proud to support them so they can better focus on their critical role in helping Canadians,” says Daniel Labonté, President and CEO, MD.

Funds will be distributed to provincial and territorial medical associations, national and provincial specialty societies and representative groups — who are best attuned to the most pressing needs for physicians in their respective areas and fields and where the funds can have the greatest impact on their health and well-being.

“COVID-19 is the biggest health crisis of our time and physicians are leading the public health response and delivering care under the most challenging circumstances we’ve known to date. They need our support and we’re pleased to augment the work of our medical partners to respond to the pandemic,” says Dr. Sandy Buchman, CMA President.

Scotiabank, MD and the CMA are dedicated to supporting the medical profession and advancing health in Canada, having committed a total of $27 million to date through this collaboration. This $4.6 million commitment to support physicians follows the recent sponsorship of the Code Life Ventilator Challenge.

The AMA advances patient-centered, quality care by advocating for and supporting physician leadership and wellness.