MONTREAL, June 27, 2013 /CNW Telbec/ - Standard Life Financial announced today a total donation from the company and its employees of up to $40,000 to the Canadian Red Cross and other charitable organizations in southern Alberta.
Standard Life is donating $20,000 to the Canadian Red Cross to assist with the immediate needs and long-term recovery from the disaster. 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 $10,000. In addition, Standard Life is making donations of $5,000 each to two charities whose operations are directly impacted by the flooding: the Calgary Drop-In & Rehab Centre and The Mustard Seed Calgary.
As part of its community engagement program, Standard Life is offering its employees a paid day off so they can help colleagues, family members or charities with the clean-up and recovery effort.
"We're proud to be able to support and comfort our employees, our clients, our partners and Albertans affected by this disaster," said Charles Guay, President of 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. It has been doing business in Canada for 180 years and has approximately 2,000 employees, including more than 50 based in Calgary.
Standard Life Financial 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 LIFE
For further information:
514-499-7999, ext. 8150