Friday, May 15, 2020
TORONTO, May 14, 2020 /CNW/ - BMO Financial Group today announced the conversion of the BMO Institute for Learning (IFL) into a home away from home for front-line healthcare workers. The space has been converted and is now a dedicated spot for doctors, nurses and other hospital professionals to rest in a safe and comfortable environment.
Around the world, the current pandemic is driving an increased demand for temporary lodging and care facilities to support healthcare professionals. BMO is uniquely positioned to offer the IFL, a self-contained learning and conference facility, to help meet this need by providing hotel-like guest rooms at no cost.
"Since the start of this pandemic, BMO's top priority has been the health and safety of employees, customers and the community," said Mona Malone, Chief Human Resources Officer, BMO Financial Group. "We want to do everything we can to help during these challenging times. Recognizing this increased need, BMO is in a unique position with the IFL to lend a place of rest to our healthcare partners in the local community. This is a small way we can give thanks to the hospital staff who are working tirelessly to keep our community healthy."
The donated space will kick off in partnership with Greater Toronto Areas Hospitals, with some guests on site as early as this week.
BMO IFL has donated 70 per cent of its hotel rooms, with the reduced capacity enabling proper physical distancing. BMO IFL was built in 1994 as a learning and collaboration space, and today it is one of the few standalone, corporate learning facilities in Canada. All learning, meetings and conferences have been cancelled for the foreseeable future.
BMO's hospitality partners, Dolce Hotels & Resorts and Wyndham Hotels & Resorts, will help in driving this program forward. BMO will continue to work closely with partner hospitals and the bank's healthcare advisors to ensure best practices for sanitation and safety are strictly followed.
This initiative is the latest in a series of efforts from BMO to help support healthcare workers through the COVID-19 crisis:
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $880 billion as of January 31, 2020, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group
For further information: For News Media Inquiries: Kelsey Rutherford, Toronto, [email protected], (416) 867-3996; Internet: www.bmo.com; Twitter: @BMOMedia