The Bank of Montreal has opened a branch in Happy Valley Goose Bay.
According to a press release Nunatsiavut President Jim Lyall is pleased with the decision.
The opening of the branch will help Beneficiaries of the Labrador Inuit Land Claims Agreement with more banking options.
It will also strengthen BMO’s position to better serve Nunatsiavut.
The government is looking forward to working with the bank as it continues to expand its services in Labrador.
The official opening was yesterday.