OTTAWA - Scotiabank and the Ottawa Senators Hockey Club announced today that the home of NHL hockey in the nation's capital will be renamed Scotiabank Place. This announcement marks the 10th anniversary of the opening of this world-class sports and entertainment venue. Details of the 15-year agreement were not disclosed.
"Scotiabank has had a presence in the Ottawa area for more than a century and we're very committed to this community, " said Rick Waugh, Scotiabank president and chief executive officer. "Scotiabank Place will continue to be the home of an exceptional hockey club, while also providing a full range of exciting entertainment options for people who live in and visit this vibrant region."
"As we opened the Palladium, which soon became the Corel Centre, 10 years ago this month, we gave the National Capital Region one of the finest world-class venues in North America, setting a standard for sport and entertainment facilities around the world," said Roy Mlakar, Senators president and chief executive officer. "As the first financial institution to lend its name to a major venue in Canada, Scotiabank continues to show itself as a leader in business and a leader in community outreach programs.
"Today's announcement is part of our ongoing partnership with the Ottawa Senators that extends beyond the ice. In the coming weeks, we will be launching the Scotiabank Senators Savings Club for youth at our Scotiabank branches, encouraging youth under the age of 19 to learn the benefits of managing money," said Barb Mason, Scotiabank executive vice-president, marketing.
"We are partners with the Scotiabank Read to Succeed primary-school literacy program and Roger's House -- a pediatric palliative-care facility that is set to open early in 2006. We supported the Walk, Roll & Run for Roger event in September that saw Team Scotiabank raise $25,000 for the cause," added Mason. "Scotiabank is also a key sponsor of the Ernst and Young Ice and Dice fundraiser, featuring Senators players and coaches. This event will benefit the Gatineau Hospital Foundation and Ottawa Senators Foundation."
Officially opened on Jan. 15, 1996, as the Palladium, the 18,500-seat multi-purpose sports and entertainment facility became the Corel Centre one month later on Feb. 27. Since then, close to seven million fans have seen the Senators play at home. Through City of Ottawa review of by-laws in December 2004, the venue was allowed to increase its seating capacity to 19,153 and total attendance to 20,500.
"We are grateful for the commitment and support of Corel through 10 exciting years and appreciate its focus to showcase the success of the national capital's technology community around the world, " said Mlakar. "We look forward to its continued support at Scotiabank Place."
Go Red and Centre Ice promotions
Scotiabank and the Senators also announced today the Go Red with the Senators and Scotiabank campaign encouraging fans to wear their red clothes and Senators jerseys as their team takes on the Toronto Maple Leafs at the official launch of Scotiabank Place Saturday, Jan. 21.
The events of the official launch include the Ottawa Community Takes Centre Ice contest. From Jan. 13 to 19, parents from the Ottawa-Gatineau region can enter ballots for their 7- to 12-year-old children for a chance to be part of the ceremonial faceoff before the Senators/Maple Leafs game. A boy and girl will be selected. For further details, or to enter, please visit the Senators' (www.ottawasenators.com) and Scotiabank's (www.scotiabankplace.com) websites.
Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 50,000 employees, Scotiabank Group and its affiliates serve about 10 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With $314 billion in assets (as at October 31, 2005), Scotiabank trades on the Toronto (BNS) and New York (BNS) Stock Exchanges. For more information please visit www.scotiabank.com.
The Ottawa Senators Hockey Club is owned and operated by the Capital Sports Group of Companies (CSG). CSG, through owner Eugene Melnyk, also owns and operates the Corel Centre, Capital Tickets and Capital Sports Management, which manages the Bell Sensplex.
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