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Bank of Nova Scotia
Symbol BNS
Shares Issued 1,216,806,570
Close 2026-09-11 C$ 129.63
Market Cap C$ 157,734,635,669
Recent Sedar+ Documents

Globe says BMO, others lining up to help ditch the U.S.

2026-09-14 09:14 ET - In the News

See In the News (C-BMO) Bank of Montreal

The Globe and Mail reports in its Monday edition that ahead of Ottawa's investment summit, the country's biggest banks have been launching initiatives to provide financing for domestic companies as the federal government races to reduce dependence on the United States. The Globe's Stefanie Marotta writes that TD Bank estimates that $1-trillion in new investments across more than 300 projects is already approved or being considered through 2035 across five key sectors of the economy. TD examined those 300 projects and identified the five sectors where the bank believes it can provide additional financial support through lending, underwriting, advisory services, equity and debt capital markets and other opportunities. Last week, Scotiabank committed more than $100-billion to help scale businesses and launched an institute led by a former ambassador to examine the country's long-term competitiveness. RBC launched a $1.4-billion fund aimed at investing in Canadian technology companies, including aerospace and dual-use defence businesses. BMO plans to spend up to $70-billion in new capital over 10 years for key sectors. CIBC committed $2-billion over five years for small and medium-sized defence-related businesses.

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