TORONTO, June 4, 2025 /CNW/ - Medicus Pension Plan™ published its annual report today, announcing its strong funded status of 152% as of January 1, 2025, along with a robust return of 9.1% in 2024. Medicus provided 100% inflation protection for all pensions earned in 2022, 2023 and 2024, including a notable 4.0% increase for 2024, and introduced two new benefit features with extended guarantee periods to enhance security for members and their families. "Medicus has established a strong foundation that allows us to offer value to our members in many ways," says Simone Reitzes, Managing Director of the Medicus Pension Plan. "By providing inflation increases and extending guarantee periods - i

TORONTO, May 30, 2025 /CNW/ - Scotia Global Asset Management today announced a series of changes to select ScotiaFunds. Management Fee Reductions Scotia Global Asset Management is reducing the management fees for the following Scotia Index Funds (Series F), effective immediately: Fund Name New Fee Scotia Canadian Bond Index Fund 0.10 % Scotia Canadian Equity Index Fund 0.15 % Scotia International Equity Index Fund 0.15 % Scotia U.S. Equity Index Fund 0.15 % Risk Rating Changes The following risk rating changes are being made effective immediately: Fund Current Rating New Rat

A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, May 30, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

TORONTO, May 28, 2025 /CNW/ - Dawit L. Petros is the winner of the 15th annual Scotiabank Photography Award. As winner of the prestigious Award, Petros will receive a $50,000 cash prize, a solo Primary Exhibition at The Image Centre, and a published book of his work distributed worldwide by renowned art book publisher, Steidl. "Congratulations to Dawit L. Petros, winner of the 15th annual Scotiabank Photography Award," said Jacqui Allard, Group Head, Global Wealth Management, Scotiabank. "His compelling artistic vision thoughtfully layers historical narratives with contemporary experiences in ways that disrupt and redefine how we perceive our world and its histories, truly reflecting the es

TORONTO, May 28, 2025 /CNW/ - The Bank of Nova Scotia ("Scotiabank" or the "Bank") (TSX: BNS) (NYSE: BNS) announced today that the Toronto Stock Exchange ("TSX") and the Office of the Superintendent of Financial Institutions ("OSFI") have approved its normal course issuer bid to purchase up to 20 million of its Common Shares. This represents approximately 1.6 per cent of the 1,245,577,909 Common Shares issued and outstanding as of May 23, 2025. The proposed normal course issuer bid will allow the Bank to purchase its Common Shares at market prices, which Scotiabank believes pr

TORONTO, May 27, 2025 /CNW/ - The Bank of Nova Scotia ("Scotiabank" or the "Bank") (TSX:BNS) (NYSE: BNS) announced today its intention to seek regulatory approval, including from the Toronto Stock Exchange ("TSX"), for a normal course issuer bid to purchase up to 20 million of its Common Shares. This represents approximately 1.6 per cent of the 1,245,577,909 Common Shares issued and outstanding as of May 23, 2025. The proposed normal course issuer bid will allow the Bank to purchase its Common Shares at market prices, which Scotiabank believes provides added flexibility for th

TORONTO, May 27, 2025 /CNW/ - Scotiabank today announced an increase to the quarterly dividend by 4 cents to $1.10 on the outstanding shares of the Bank, payable July 29, 2025, to shareholders of record at the close of business on July 2, 2025: Common Shares Dividend No. 624 of $1.10 per share; an increase of 4 cents       Holders may elect to receive their dividends in common shares of the Bank in lieu of cash dividends, in accordance with the Bank's Shareholder Dividend and Share Purchase Plan (the "Plan"). Under the Plan, the Bank determines whether the additional common sh

All amounts are in Canadian dollars and are based on our unaudited Interim Condensed Consolidated Financial Statements for the quarter ended April 30, 2025 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), unless otherwise noted. Our complete Second Quarter 2025 Report to Shareholders, including our unaudited interim financial statements for the period ended April 30, 2025, can also be found on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC's website at www.sec.gov. Supplementary Financial Information is also available, together with the Second Quarter

TORONTO, May 20, 2025 /CNW/ - Scotia Global Asset Management announced today the May 2025 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on May 27, 2025 will receive a cash distribution payable on June 3, 2025, as noted below. Scotia ETF name Tickersymbol  Cash distribution per unit ($) Distributionfrequency Scotia Canadian Bond Index Tracker ETF SITB 0.046 Monthly Scotia Responsible Investing Canadian Bond Index ETF SRIB 0.047 Monthly For more information on the Scotia ETFs, please visit the Scoti

TORONTO, April 29, 2025 /CNW/ - Scotiabank will announce its second quarter results on Tuesday, May 27, 2025. Scotiabank Results News Release Financial results will be issued in a press release at approximately 6:00 a.m. ET on Tuesday, May 27, 2025. The results will be available on Scotiabank's Investor Relations Financial Results page. Scotiabank Results Conference Call The conference call will take place on Tuesday, May 27, 2025, at 8:00 a.m. ET and is expected to last approximately one hour. Interested parties are invited to access the call live: Via telephone, in listen-on

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A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, May 30, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

TORONTO, March 7, 2025 /CNW/ - Scotiabank's Notice of the 193rd Annual Meeting of Shareholders and Management Proxy Circular is now available at scotiabank.com/annualmeeting. The Management Proxy Circular contains key information for shareholders regarding the Annual Meeting of Shareholders and items of business, including the election of directors, the appointment of the bank's auditor, an advisory vote on Scotiabank's approach to executive compensation and shareholder proposals. Scotiabank's Annual Meeting of Shareholders is scheduled to be held in-person in Halifax, Nova Sc

Veteran Employment Symposium at the Games highlights need to support post-service employment VANCOUVER, BC, Feb. 10, 2025 /CNW/ - February 10, 2025 – A growing list of Canadian businesses, currently totalling 11 organizations, has endorsed the Veteran Ready Canada Declaration to create a community of employers committed to supporting and expanding employment opportunities for Canada's military Veterans. The endorsement took place at the Veteran Employment Symposium hosted by True Patriot Love, Canada's foundation for the military community, as part of the Invictus Games Whistl

TORONTO, Nov. 15, 2024 /CNW/ - Scotiabank announced today the appointment of Steven Van Wyk to its Board of Directors, effective immediately. Mr. Van Wyk brings expansive experience to the Board, having served as former Group Chief Information Officer (CIO) of HSBC. Throughout his distinguished career, he has held several senior-level technology roles, including CIO of PNC Financial Services Group, Inc., and Global CIO of ING Groep N.V. Additionally, he held leadership positions at Morgan Stanley, including as CIO/Chief Operating Officer of its Individual Investor Group. "We are pleased to welcome Steven to Scotiabank's Board of Directors. Steven's extensive experience and proven leadership

Gillian Riley to Retire After 30+ year Career at Scotiabank TORONTO, Oct. 9, 2024 /CNW/ - Scotiabank today announced the planned retirement of Gillian Riley, President and CEO of Tangerine after a 31-year career with the Bank. Gillian will stay on as Strategic Advisor until December 31, 2024 and as Chair of the Board of Roynat Capital. Scotiabank also announced the appointment of Terri-Lee Weeks to the role of President and CEO, Tangerine, effective November 1, 2024. Gillian Riley joined Scotiabank in 1994 and has held senior executive positions in Commercial Banking, Small Bu

MONTREAL, Sept. 18, 2024 /CNW/ - Scotiabank today announced the appointment of Jean-François Courville to the newly-created role of President, Quebec, reporting directly to Aris Bogdaneris, Group Head, Canadian Banking. This critical role is designed to support the Bank's Grow Quebec strategy, including opportunities that span all of our Canadian Banking, Global Wealth Management, and Global Banking and Markets businesses. "With wide-ranging financial services experience at top tier wealth and asset management, retail banking and capital markets firms, deep knowledge of the bu

TORONTO, April 29, 2024 /PRNewswire/ - Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024. In this role, Mr. Machen will be responsible for leading the execution of a global banking business strategy that builds on Scotiabank's unique North American reach and GBM's strategic presence in Latin America, Europe and Asia Pacific. He will focus on expanding product offerings and earning more primary clients to deliver sustainable and profitable growth for the Bank's GBM business which provides corporate clients with lending and transaction services, investment banking advice and access to ca

TORONTO, Feb. 14, 2024 /CNW/ - Scotiabank announced today that Jake Lawrence, Chief Executive Officer and Group Head, Global Banking and Markets, has made the decision to leave the Bank to join Power Corporation of Canada. Mr. Lawrence joined Scotiabank in 2002, and has held progressively senior roles in Finance, Treasury and Global Banking and Markets, most recently leading the Bank's wholesale banking and capital markets business. "I would like to thank Jake for his significant contributions over his impressive 22-year career with Scotiabank and wish him every success as he

TORONTO, Dec. 15, 2023 /CNW/ - Today, many current and former Scotiabankers are mourning the passing of Peter Godsoe—visionary leader and former Chairman and Chief Executive Officer of Scotiabank from 1993 to 2003. "Today many Scotiabankers are remembering the great business leader, individual and family man that Peter Godsoe was," said Scott Thomson, President and Chief Executive Officer at Scotiabank. "Peter's incredible career at Scotiabank spanned almost four decades, as he worked his way up from a teller to Chairman and CEO, and those who worked with him fondly remember t

Barb Mason, Group Head and Chief Human Resources Officer (CHRO) to retire at the end of 2023Jenny Poulos appointed to Deputy CHRO, effective October 2, 2023, and CHRO, effective December 4, 2023Aris Bogdaneris appointed to Group Head, Digital Transformation, Tangerine, Marketing and Analytics, effective September 1, 2023Phil Thomas promoted to Group Head and Chief Risk Officer, effective September 1, 2023Paul Baroni appointed to EVP, Finance & CFO, Canadian Banking, effective September 1, 2023Maria Theofilaktidis appointed to EVP & Chief Auditor, effective September 1, 2023Anique Asher, EVP, Finance and Strategy, expands her mandate to include Capital Management, effective September 1, 2023C