Banks in Canada are closely monitoring developments related to COVID‑19 and understand that some of their customers may be worried about the impact the current market turbulence and economic challenges might have on their personal or business finances.

Banks have a long history of standing by Canadians through challenging conditions, including natural disasters and economic disruption, and this will continue. We are dedicated to working with customers to provide flexible solutions on a case‑by‑case basis for managing through hardships caused by these circumstances.

Canada’s banks are widely recognized for their stability, safety and soundness. As we have done before, we are working closely with government and regulators to be ready to help Canadians weather economic disruptions.