News Releases
- BMO donates $175,000 to support the Canadian Armed Forces community
- Funding helps CFB Wainwright Fund at Support Our Troops', Wounded Warriors Canada and Together We Stand
- Contributions will help provide financial assistance, mental health resources and peer support for military members, veterans and families affected
TORONTO, Oct. 21, 2026 /CNW/ -- BMO today announced a donation of $175,000 to organizations supporting members of the Canadian Armed Forces community and their families following the recent tragedy connected to Canadian Forces Base (CFB) Wainwright.
"We extend our deepest condolences to the families, loved ones and communities grieving this profound loss," said Mike Bonner, Head, Canadian Personal and Business Banking Distribution and Enterprise Chair, Canadian Defence Sector at BMO. "This heartbreaking event is a powerful reminder of the sacrifices Canadian Armed Forces members and their families make for our country. BMO stands with the Canadian Defence community and is committed to supporting military members, veterans and their families in their time of need. We are grateful to the organizations providing support on the ground and hope our donations will help those affected access the care, resources and assistance they need in the difficult days ahead."
BMO's contribution will support three organizations providing assistance to military members, veterans and families affected by this tragedy:
- $100,000 to Support Our Troops' newly established CFB Wainwright Fund, administered by Canadian Forces Morale and Welfare Services, to provide financial assistance for recovery needs and longer-term community resilience. As the official charitable cause of the Canadian Armed Forces, Support Our Troops assists members, Veterans and their families facing challenges related to military service and has an established presence at CFB Wainwright through local grants and other supports. The donation builds on BMO's existing $100,000 multi-year commitment to its National Scholarship Program, which helps military family members pursue post-secondary education.
- $50,000 to Wounded Warriors Canada for specialized mental health and bereavement programming for military families affected by the tragedy. The national mental health service provider supports Veterans, trauma-exposed professionals and their families. Its five-day, clinically facilitated Surviving Family Program offers immediate family members who have lost a service member in the line of duty or to suicide guided grief support, connection with others who have experienced similar loss and follow-up support. The donation builds on BMO's three-year, $450,000 commitment to its Spousal Resiliency Program to expand in-person delivery and develop a nationally accessible digital format for spouses and partners of trauma-exposed professionals.
- $25,000 to Together We Stand, a national charity supporting Canadian military families, whose Operation Emergency Fund has launched an urgent appeal in response to the CFB Wainwright tragedy. Working with Canadian Armed Forces chaplains, the fund provides immediate financial assistance to military families in crisis for needs such as travel to be with an injured loved one, temporary accommodations, emergency childcare and food. The donation builds on BMO's broader support for Canada's military community, including its presenting sponsorship of the Canada Army Run, where Together We Stand's work has also been highlighted.
BMO Gives. Good grows here.
Helping communities thrive by supporting the organizations that sustain them and encouraging employee giving and volunteerism is at the heart of BMO's Purpose, to Boldly Grow the Good in business and life.
In 2025, we directed more than $124 million to drive progress for communities, which included $115.7 million in philanthropic contributions to hundreds of charities and nonprofit organizations across North America.
Our colleagues spent over 65,000+ hours volunteering in the community and contributed more than $40.3 million of donations through employee-driven giving in our annual campaigns.
For more information, please visit BMO Gives.
About BMO
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving customers for more than 200 years and counting, BMO is a diversified team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to more than 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world and making progress for a thriving economy, sustainable future and inclusive society.
SOURCE BMO Financial Group
