Commercial banking

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Businesses with annual revenue of $15 million or more or with overall borrowing requirements of more than $500,000 are defined as commercial banking clients by Scotiabank.

CFIB members are entitled to discounts of up to 20% on commercial banking monthly account and transaction fees.

+Up to 20% discount on monthly account and transaction fees

  • Commercial clients benefit from 10% reduction on monthly account and transaction fees, including fees for cash and coin deposits when a Scotiabank Business Interest Account is opened
  • Add ScotiaConnect® electronic banking and receive an additional 5% off your monthly Business Interest Account transaction fees
  • Add the Scotiabank VISA* Business Card program or the ScotiaLine® for business VISA card and receive another 5% off your Business Interest Account transaction fees, plus earn up to 1% cash back on business expenses charged to the VISA* Business Card.

+GIC-like returns on surplus balances
Add a Treasury Account and earn GIC-like returns on your surplus balances at no extra charge.

CFIB members who meet the criteria for commercial banking have a designated Scotiabank Relationship Manager with whom they can discuss their needs.

If you’re already a Scotiabank commercial client, talk about CFIB benefits with your Commercial Relationship Manager. If you’re banking elsewhere, contact the Director for your region:

+Western Canada Region

Paula Merrier, Director

650 West Georgia St, 3rd Floor - P.O. Box 11502 Vancouver, BC 
V6B 4P6

Phone: 778 327-6568     
Fax: 604 668-2138  

+Ontario Region

Rick McIntyre, Director

420 Richmond Street
London, ON
N6A 3C9

Phone: 519 642-5079     
Fax: 519 642-5023  

+Greater Toronto Area West

Pat Zane, Director

100-2 Robert Speck Parkway - MEC
Mississauga, ON 
L4Z 1H8

Phone: 905 276-1740     
Fax: 905 276-4300  

+Greater Toronto Area East

Kevin Levy, Director

625 Cochrane Drive
Markham, ON 
L3R 9R9

Phone: 905 940-3696  

+Quebec and Ottawa Region

Pierre Pichette, Director

960-1002 Sherbrooke Street West
Montreal, QC 
H3A 3L6

Phone: 514 499-5565  

+Atlantic Region

Angela Decoffe, Director

1709 Hollis Street - P.O. Box 70
Halifax, NS 
B3J 2M1

Phone: 902 420-6178     
Fax: 902 420-6176  

* VISA Int/Lic. User The Bank of Nova Scotia
® Registered trademarks of The Bank of Nova Scotia


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