Image

Scotiabank confirms Petrolia branch closing March 7

November 7, 2023

Nearly a month after Scotiabank workers in Petrolia were told of the closure of their branch, the company says the doors will close March 7.

Employees of the branch were told in mid-October the 112 year-old fixture on Petrolia Line would be closing. Clients were being told the accounts would be “merging” with the Bright’s Grove branch.

The news came around the same time Scotiabank announced it is cutting three per cent of its global workforce – about 2,700 staff members across the country.

In a statement to the media, officials said it will “relocate our in-person services” to Bright’s Grove March 7.

“With customer preferences changing, and more day-to-day banking being done digitally, we are continuing to evolve how we serve our customers and invest in areas that make it easier for our customers to bank with us from wherever they are.”

The company added it is “committed to supporting our customers and employees through the transition” without saying what that will look like.
It’s not clear whether the current bank employees will find a job in other branches or will be laid off.

The company, which made $2.2 billion last quarter, says the nationwide layoffs and sell off of real estate will cost about $310 million with the cost savings being realized in 2025.

Share This

Image
Front Page

MPP asks Integrity Commissioner to investigate links between Ford and York1

May 10, 2025

Heather Wright/The Independent A Liberal MPP is asking the province’s Integrity Commissioner to investigate the ties between the Ford government and the owners of York1 Environmental Services. It comes after the province reneged on a promise to force an Environmental Assessment of the controversial York1 Environmental project near Dresden. Ted Hsu, the MPP for Kingston-Frontenac, has written a letter to

Read More

Image
Front Page

Vanni receives Canada’s highest volunteer honour

May 9, 2025

Cathy Dobson/The Independent The executive director of Sarnia/Lambton’s largest food bank, shelter and soup kitchen has received national recognition for the volunteering he does outside of work hours. Myles Vanni who operates The Inn of the Good Shepherd, accepted the Sovereign’s Medal for Volunteers from the Right Honourable Mary Simon, Governor General of Canada, at a recent ceremony at Rideau

Read More

Image
Front Page

Scientist suspects virus in massive fish die-off from Lambton Shores to Bruce Pennisula

May 9, 2025

Heather Wright/The Independent Jim and Marlene MacGuire have never seen anything like it. The Ipperwash couple were among the two dozen volunteers at the Lambton Shores beach Friday morning, cleaning up thousands of dead fish, many of them Gizzard Shad. The dead fish started to wash up on the Ipperwash sand about two weeks ago, says Jim. “I walk every

Read More

Image
Front Page

Ajax man arrested in Lambton drug investigation

May 9, 2025

Lambton OPP say two people – one from Thedford, the other from Ajax – have been charged after a drug investigation that started in March. OPP released details of the April 30 arrests Thursday. Police say around 9 pm, officers from the Lambton Street Crime Unit and uniformed officers stopped a vehicle on Deacon Street in Thedford as part of

Read More