CANADA'S BIG 5 BANKS TO MANDATE COVID-19 VACCINES FOR EMPLOYEES

Aug 20, 2021

By Bob Komsic

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All of the country’s major banks will soon make vaccines compulsory for all workers who want to return to the office.
TD has told its staff that everyone is being asked to register their vaccination status with the bank by the end of September.
Staff have been told in an email that ”effective November 1, full vaccination of an approved COVID-19 vaccine will be a requirement for all TD colleagues entering the TD workplace.”
The note says there will be additional protocols for anyone still not fully immunized or who has not revealed their vaccination status.
CIBC has announced a similar policy that will be in effect by the end of October.
Bank of Montreal says it too will be mandating vaccines.
”Our new requirement is that all North American employees and contractors eligible for vaccination get their shots, with a target completion date of October 31,” read an email to BMO staff.
”Those who remain unvaccinated will be required to complete twice-a-week COVID-19 testing and comply with alternative health and safety measures to enter a BMO location.”
While making a similar move, Scotibank is not placing any date to the policy, saying it’s ”moving in the direction of making vaccinations mandatory for all Canadian-based employees and contractors, later in the fall.”
The Royal Bank will also be mandating vaccines.
”Over the coming days and weeks, we will be [attempting to] confirm the vaccination status of all our employees.  This effort will begin in Canada and the U.S., where those who are3 able to be fully vaccinated will be required to do so by October 31,” announced CEO Dave McKay.
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