Two of Canada’s banks today announced donations totalling $7.6 million in support of some of Toronto’s leading cultural attractions.

TD Bank Financial Group pledged at total of $3.6 million towards the Art Gallery of Ontario, the Royal Ontario Museum, the National Ballet School, the Canadian Opera House and the Gardiner Museum of Ceramic Art.

All five organizations have recently announced significant redevelopment projects under federal and provincial government funded programs.

“With today’s announcement, TDBFG is doubling its support for arts and culture in Toronto over the next five years,” said Ed Clark, president and
CEO, TD Bank Financial Group, in a news release.

In a separate announcement, RBC Financial Group pledged a total of $4 million to be split among the Art Gallery of Ontario, the Royal Ontario Museum, the Canadian Opera Company and the National Ballet School.

“We hope the investment RBC is making today will have a positive ripple effect, enhancing the entire region’s economy, and also helping preserve a vibrant arts scene that is so essential to the quality of life in the Greater Toronto Area,” said Gord Nixon, president and CEO, RBC Financial Group.