Gift: $1,000,000
Recipient: University of New Brunswick

Purpose: To support awards for students interested in pursuing educational opportunities overseas.
Designation: The Cedric Ritchie Scotiabank International Study Awards; Scotiabank Special International Internship
Notable: With this gift, Scotiabank is honouring New Brunswick native Cedric Ritchie, who began his career at the bank as a teller in 1945 and spent more than 20 years as President, CEO and Chairman before retiring in 1995. Dr. Ritchie, who was awarded an honorary doctorate from UNB in 1986, passed away in March 2016.