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Equitable Bank highlights efforts towards strengthening Canada's economy and communities in 2025 Public Accountability Statement
Equitable Bank highlights efforts towards strengthening Canada's economy and communities in 2025 ...
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[{"type":"text","content":"Equitable Bank highlights efforts towards strengthening Canada's economy and communities in 2025 Public Accountability Statement\n\n\nEquitable Bank highlights efforts towards strengthening Canada's economy and communities in 2025 Public Accountability Statement\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPR Newswire\n\n\nTORONTO, March 13, 2026 /PRNewswire/ - Equitable Bank today released its Public Accountability Statement (PAS) for fiscal 2025, highlighting its continued commitment to strengthening Canada by supporting greater competition in banking, bringing innovation and value to underserved customers, and focusing lending efforts on critical areas like affordable housing to help strengthen the economy.\n\n\n\n\n\n\n\n\"Canada is at a defining moment as we think about the economy and country we want to build for the future,\" said Chadwick Westlake, President and CEO. \"As Canada's Challenger Bank, we believe we have a responsibility to play a meaningful role by strengthening competition in banking, delivering more accessible, affordable and innovative financial services, and investing in people and initiatives that help make Canada and the communities we serve stronger.\"The Bank is proud to release its annual PAS that outlines its impact on Canadian communities and society at large, grounded in its five core values of respect, integrity, service, empowerment and agility.Highlights for 2025 include:Championing competition, innovation and inclusion – Continued its track record for fostering financial inclusion and competition by offering high-interest, no-fee everyday banking products to help more Canadians access an accessible and rewarding banking experience, including launching the Notice Savings Account in Québec in 2025Contributing to affordable housing – Maintained its position as Canada's largest securitizer of Canada Mortgage and Housing Corporation-insured multi-unit residential loans, funding $3.5 billion in multi-unit residential properties across Canada as of 2025 to support housing density and supply thro...