National Bank x LG2: “The Investment Issue” Grand Effie-Winning Case Study

How do you change a culture - and move the numbers? 

In this episode of Canadians Create, LG2’s Martin Beauséjour, Arthur Rollet and Stéphanie Martin reveal the inside story of “The Investment Issue,” National Bank of Canada’s award-winning campaign that flipped women’s magazine covers across the country to flip the narrative on money.

Rooted in National Bank’s challenger posture, the team traced the gender investment gap to a confidence gap shaped by pop culture. So they went to the source: women’s magazines. By buying the back covers of nine titles and literally turning them into fronts, then pairing them with substantive print and digital articles, LG2 transformed a familiar medium into a practical, confidence-building playbook for investing.

Financial 'Creators' fronted the message, while a 360 ecosystem—editorial partnerships, influencers, in-branch toolkits and a deep library of site content—made the idea visible and useful. In total, 6.7M copies hit roughly 10,000 points of sale, and publishers themselves helped spread the movement.

Effectiveness followed: the campaign reached nearly four in five target women (25–54) in Quebec and the GTA, lifted brand perceptions on gender equity from 32% to 74%, increased female traffic to National Bank’s site by 21%, and drove a 31% jump in women opening investment accounts—thousands of new accounts during the flight. It’s now scaling via a multi-year content pact and has earned Gold at the Effies Canada for Positive Change: DEI and the Grand Effie in 2025.

About the show: 'Canadians Create'

Canadians Create is a weekly video podcast that brings a different case to our roundtable for open discussion.

With each episode, we dig deeper to reveal the humour, intelligence and empathy which the country’s creatives bring to their commercial work.

The show is produced by StartWell, in partnership with the Institute of Canadian Agencies and Little Black Book.

  • Institute of Canadian Agencies

    Founded in 1905, the ICA is the not-for-profit association for Canadian advertising, marketing, media, and public relations agencies.

    Their membership and board of directors represent some of the most recognized and influential agencies in Canada and around the world.

  • Little Black Book

    paywall-free global platform for the advertising and marketing community.

    Half a million visitors from ad agencies, brands and maker companies use it every month to find out about the most creative news, work, people and companies from around the world.