~ More than 10,000 young people have benefitted from Power Up! Academic
Enhancement Program ~
TORONTO, July 3, 2012 /CNW/ - This year, Boys and Girls Clubs of Canada
and Fidelity Investments Canada ULC are celebrating 10 years of
partnership supporting the importance of education and encouraging an
enduring enthusiasm for learning amongst young people across Canada.
The Power Up! Academic Enhancement Program, launched in 2003 and
supported by Fidelity Investments, is a national academic program
designed to assist children in realizing their academic potential and
encouraging a life-long passion for learning. Power Up! supports
children in their development of academic skills and positive attitudes
towards learning and school. The program provides them with the tools
and supports they need to set and achieve their academic goals. On
average, over the past 10 years, 90% of participating children achieved
their Power Up! learning goals and were rewarded with certificates of
"At Fidelity, we understand the importance of long-term investing— and
there is no greater long-term investment than the children and youth of
this country. Fidelity is proud to have initiated the Power Up!
program, and we look forward to continuing our relationship with Boys
and Girls Clubs of Canada to engage and assist young Canadians in
realizing their full potential as productive, responsible and caring
citizens," said Phil McDowell, Chief Financial Officer, Fidelity
Investments, and Boys and Girls Clubs of Canada Board Member.
Since the program's inception in 2003, Fidelity's contribution has
enabled more than 10,000 children to improve their academic performance
at school. "Our friends at Fidelity Investments understand the enormous
impact that this program has on the educational aspirations of so many
young Canadians," said Pam Jolliffe, President and CEO, Boys and Girls
Clubs of Canada. "Just this past year, Fidelity provided Boys and
Girls Clubs of Canada with additional funding to develop fresh
resources for the program. Clubs now have access to a Power Up!
Leaders Guide and Activity Guide, helping make their after-school
programming even more effective."
This relationship isn't just about the Power Up! Program—it's about
creating opportunities and experiences. Every year Fidelity hosts
approximately 500 Boys and Girls Clubs members from the Greater Toronto
Area clubs to attend events such as Toronto Blue Jays games, Toronto
Raptors games, and Canada's Wonderland. These experiences have
provided a wonderful opportunity for children and youth to step away
from the issues they face and to get out with their friends and family.
"Fidelity Investments has been a valued partner consistently going above
and beyond in their support of Boys and Girls Clubs," said Jolliffe.
"We are all so very grateful for Fidelity's continued support and
commitment in helping to foster successful and active members in
"Our relationship with Boys and Girls Clubs has meant a lot to Fidelity
Canada and our employees. It's relationships like this—bringing
businesses and the community together—which strengthens the
possibilities for the youth of Canada and the internal culture within
our company," concluded McDowell.
1 Boys and Girls Clubs of Canada
About Boys and Girls Clubs of Canada
Boys and Girls Clubs of Canada is a leading non-profit organization
providing programs that support the healthy physical, educational and
social development of more than 200,000 children, youth and their
families each year. In 650 locations across Canada, Boys and Girls
Clubs offer opportunities, after school and at other critical times
when children are not in school, to develop healthy behaviours,
academic success, positive relationships and life and leadership
skills. Boys and Girls Clubs have been helping young Canadians to
discover, develop and achieve their potential for over 110 years.
About Fidelity Investments
Fidelity Investments Canada ULC is part of the Fidelity Investments
organization of Boston, one of the world's largest providers of
financial services. 2012 marks 25 years of success in the Canadian
marketplace, where Fidelity manages a total of $67 billion in mutual
fund and institutional assets. This includes $13 billion in assets for
institutional clients including public and corporate defined benefit
pension plans, endowments, foundations and other corporate assets on
behalf of clients across Canada.
Fidelity Canada provides Canadian investors a full range of domestic,
international and income oriented mutual funds, as well as asset
allocation and managed solutions and the high net-worth program, the
Fidelity Private Investment Program. Fidelity funds are available
through a number of advice-based distribution channels including
financial planners, investment dealers, banks, and insurance companies.
Fidelity is a proud supporter of the Boys and Girls Clubs of Canada and
we are dedicated to helping young Canadians realize their full
potential as productive, responsible and caring citizens.
SOURCE Fidelity Investments Canada Limited
For further information:
Manager., National Communications
Boys and Girls Clubs of Canada
Vice President, Corporate Affairs