October 1, 2022
Canada's Big Five banks move away from mandatory COVID-19 vaccine policy

As public health restrictions, such as gathering limits, masking and vaccine mandates across provinces have eased, banks appear to be changing their policies accordingly.Evan Buhler/The Canadian Press

Nine months after imposing them, all of Canada’s Big Five banks have suspended or removed mandatory vaccine requirements for staff, amid the broader lifting of COVID-19 restrictions across the country.

Royal Bank of Canada, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Bank of Montreal and Toronto-Dominion Bank all lifted their compulsory vaccine policies for employees over the past six weeks, allowing unvaccinated people to work in offices and branches without being subject to additional safety measures such as rapid testing.

All of the five largest banks took a firm stand on vaccines last August, requiring staff to attest that they were fully vaccinated by a certain date in order to enter any bank premises. Some, such as CIBC and BMO, made it compulsory for all employees, even those who worked from home, to be vaccinated.

» continue to The Globe and Mail