The longtime sponsor says the pause will last until the bank is confident the right steps are taken to improve the culture within the sport.
The development comes after the federal government froze public funding to the national sport organization last week in response to its handling of an alleged sexual assault and out-of-court settlement. Hockey Canada quietly settled a lawsuit last month after a woman claimed she was assaulted by members of the country's 2018 gold-medal winning world junior hockey team at a gala and golf function four years ago in London, Ont.Hockey Canada executives were grilled by legislators on Parliament Hill last week during a Standing Committee on Canadian Heritage meeting.
In an open letter, Scotiabank president and CEO Brian J. Porter also says planned marketing and events at the world juniors in August will be cancelled and the investment will be redirected into other programs.
ESG
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada pledges funds as G7 develops response to famine fallout from Russian invasion | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit. Turdeau spares no expense. Of course it's not his money - he just gets the credit. TrudeauCorruption Trudeau giving away more money? Weird.
Source: natnewswatch - 🏆 58. / 59 Read more »
Ottawa residents, police brace for protests on Canada Day | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit. Just remember.... Advice for truckers. Bouncy castles not allowed but bouncy extremity and no clothes are allowed! Good. Wish I was there to join in.
Source: natnewswatch - 🏆 58. / 59 Read more »
Source: GlobalNational - 🏆 81. / 51 Read more »
Source: GlobalNational - 🏆 81. / 51 Read more »
Source: GlobalNational - 🏆 81. / 51 Read more »