Standard Life contributes to emergency response for Lac-Mégantic, Québec
MONTREAL, July 8, 2013 /CNW Telbec/ - Standard Life Financial announced today a total donation from the company and its employees of up to $15,000 to the Canadian Red Cross to support citizens of Lac-Mégantic and assist with relief efforts following the train derailment that occurred early in the morning of July 6th.
Standard Life is donating $10,000 to the Canadian Red Cross to assist with the immediate needs and long-term recovery from the disaster which struck the town. The company is also encouraging employees to make individual donations and will match all employee donations to the Red Cross dollar-for-dollar up to $5,000.
"We wish to show our solidarity and assist with efforts to comfort everyone directly and indirectly affected by this disaster," said Sophie Fortin, Senior Vice-President, People, Business Change and Communications, Standard Life Financial.
About Standard Life
Standard Life Financial Inc. provides long-term savings, investments and insurance solutions to more than 1.4 million Canadians, including group retirement and insurance plan members.
Standard Life has been doing business in Canada for 180 years and has approximately 2,000 employees. It comprises the largest operation outside of the United Kingdom of Standard Life plc, its parent company headquartered in Edinburgh, Scotland.
As of March 31, 2013, Standard Life plc had $360 billion in assets under administration, including $46 billion in Canada through Standard Life Financial.
SOURCE: STANDARD LIFEFor further information:
514-499-7999, ext. 8150