Desjardins Group Donates $2.575 Million to Propel Innovation, Entrepreneurship, and Professional Development at Concordia University

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MONTREAL--(BUSINESS WIRE)--Apr 17, 2025--

In a constantly evolving society, where socioeconomic challenges are significant, Desjardins Group has reaffirmed its commitment to supporting entrepreneurship and education by making a major donation of $2.575 million to Concordia University.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417538339/en/

Desjardins Group donates $2.575 million to Montreal’s Concordia University! From left to right: Paul Chesser, vice-president of Advancement at Concordia; Anne-Marie Croteau, dean of the John Molson School; Guy Cormier, President and CEO of Desjardins Group; and Graham Carr, Concordia President.

This financial support will drive innovation and professional development initiatives while strengthening a strategic partnership that promises significant benefits for Montreal and Quebec society. As the largest financial co-operative in North America, Desjardins Group has reinforced its dedication to training and supporting the leaders of tomorrow.

“This extraordinary commitment by Desjardins Group demonstrates the power of strategic partnerships in building our future,” says Concordia President Graham Carr. “Our university’s leadership in innovation, education and research ensures that these investments translate into meaningful societal and economic benefits for Montreal, Quebec and beyond.”

The donation to the Campaign for Concordia: Next-Gen Now will support a suite of initiatives benefiting students, startups and the broader community.

“Teaming up with Concordia University to invest in innovation and education means more hands-on opportunities for students to learn and hone their skills. We’re creating an environment where ideas can develop into new businesses. We are deeply proud of this partnership. For us, it’s a way to help our society meet future challenges,” says Guy Cormier, LLD 22, President and CEO of Desjardins Group.

• Read our full announcement:https://www.concordia.ca/cunews/offices/advancement/2025/04/15/desjardins-group-donates-2-575M-to-propel-innovation-entrepreneurship-and-professional-development-at-concordia.html?c=/alumni-friends
• View our event photos:https://www.flickr.com/photos/concordiaalumnipics/albums/72177720325122595

About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the sixth largest in the world, with assets of $470.9 billion as at December 31, 2024. With more than 55,200 skilled employees, it has been named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry. In 2025, Desjardins Group is celebrating its 125th anniversary, marking more than a century of focusing its ambitions and expertise on being there for members and clients.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250417538339/en/

CONTACT: For more information (media inquiries only):

Public Relations, Desjardins Group

514-281-7000, ext. 5553436

[email protected]

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES EDUCATION PHILANTHROPY BUSINESS OTHER PHILANTHROPY START-UP UNIVERSITY

SOURCE: Concordia University

Copyright Business Wire 2025.

PUB: 04/17/2025 12:00 PM/DISC: 04/17/2025 12:00 PM

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