Bank of Montreal (BMO) and Canadian Imperial Bank of Commerce (CIBC) said they will extend remote work for employees until at least mid-2021 as Canada deals with a surge of Covid-19 cases, KFGO radio station reported.
BMO announced on April 7 that employees will not return to the office until at least the end of the school year in May or June, CEO Darryl White told North Dakota-based KFGO in an interview. The date of a return to office depends on the progress of vaccine distribution, White said.
CIBC expects most of its employees to continue with remote work until at least September, KFGO said, citing an internal blog post seen by Reuters news service by Sandy Sharman, the group’s human resources head.
“The future of how and where we work will blend the best of both on-site and remote work,” Sharman was cited as saying in the post.