TORONTO and NEW YORK, Sept. 15 /CNW/ - BMO Capital Markets, the
investment and corporate banking arm of BMO Financial Group (TSX, NYSE: BMO),
is proud to announce its fourth Equity Through Education charitable trading
All institutional equity trading commissions earned by BMO Capital
Markets across North America on September 17, will go directly to nine
important organizations, to improve access to education and training for
bright, deserving individuals who might not otherwise have the opportunity.
"We all know that access to education can change lives. There is no
shortage of students with talent and ambition but not all have the support and
means to help attain their goals. At BMO Capital Markets, we value the
importance of building a team with diverse backgrounds and experiences. To
date, through this special trading day, we have assisted more than
1500 students through scholarships, bursaries and other workforce initiatives,
some have even come through our own BMO internship program," said Eric Tripp,
President, BMO Capital Markets. "We are honoured to be able to contribute to
these organizations that work tirelessly at improving lives, strengthening
neighborhoods to establish a foundation for individuals to achieve personal
fulfillment through education."
Since the launch of the program in 2005, Equity Through Education has
raised more than CDN$4.9 million/US$4.18 million to support education and
diversity. More than 1,500 individuals have benefited from the program through
scholarships, bursaries, mentoring programs and job search strategy forums.
BMO Capital Markets, through its parent, BMO Financial Group, has a proud
tradition of supporting community reinvestment and corporate and social
responsibility to the communities it serves. In 2007, BMO Financial Group
contributed $50.4 million in donations, sponsorships and events in Canada and
the United States to support charities, not-for profit organizations and
programs in communities across Canada and the United States.
About the charities that Equity Through Education supports:
- Canadian Merit Scholarship Foundation (CMSF)
Canada's largest independent scholarship organization for
undergraduate study identifies and supports talented students, in
this case women, who display leadership potential and a strong
commitment of service in the community. To date, Equity through
Education has funded 12 full undergraduate Loran scholarships.
- The Financial Women's Association
The Financial Women's Association (FWA) is a leading executive
organization committed to shaping leaders in business and finance
with a special emphasis on the role and development of women. The FWA
serves its members through educational programs and networking
opportunities, and serves the community through its nationally
acclaimed scholarship, mentoring and training programs. Equity
through Education has provided funds to endow six full scholarships
annually for young women in the FWA Baruch College mentoring program.
- Foundation for the Advancement of Aboriginal Youth (FAAY)
FAAY is a scholarship and bursary program dedicated to developing the
next generation of aboriginal leaders. By encouraging youth to stay
in school, FAAY bridges the gap between the reality aboriginal youth
face in their communities and the opportunities available to those
with higher education. Equity through Education has funded
104 post-secondary scholarships and FAAY's endowment to date.
- The Jackie Robinson Foundation
The Jackie Robinson Foundation provides education and leadership
development opportunities for students of color with strong
capabilities, but limited financial resources. Serving as an advocate
for young people with the greatest need, the Foundation assists
increasing numbers of minority youths through the granting of
scholarships for higher education. Equity through Education provided
funding for five JRF/BMO Scholars as well as for our internship
placement program, in which nearly 100 Scholars participated in 2008.
- The National Aboriginal Achievement Foundation (NAAF)
The National Aboriginal Achievement Foundation (NAAF) is a nationally
registered non-profit organization dedicated to raising funds to
deliver programs that provide the tools necessary for Aboriginal
peoples especially youth to achieve brighter futures. Since 1985 the
Foundation through its Education Program has awarded more than
$27.7-million in scholarships and bursaries to more than
7,000 First Nations, Inuit and Métis students nationwide. Equity
Through Education funding will support NAAF's scholarship program.
- The National Educational Association of Disabled Students (NEADS)
NEADS is a national organization that works to achieve full access to
education for post-secondary students with disabilities across
Canada. NEADS also supports the transition from school to the
employment market for college and university graduates with
disabilities. Equity through Education funds have supported
11 scholarships and 16 training forums for students with disabilities
across the country as they prepare to enter the job market.
- Pathways Canada
A unique program first created and implemented in Toronto's Regent
Park, Pathways Canada supports "at-risk", economically disadvantaged
youth through high school and inspires them to move on to
post-secondary programs. It operates in Ontario, Quebec and British
Columbia. To date, Equity through Education has funded bursaries for
158 Pathways students.
- YAI National Institute for People with Disabilities Network
For 50 years, the YAI/NIPD Network has provided a place of hope for
people with developmental and learning disabilities. Comprising seven
not-for-profit, independent health and human service agencies, the
YAI/NIPD Network serves 20,000 individuals of all ages, and their
families in more than 450 community-based programs. Equity Through
Education has helped more than 175 individuals with developmental and
learning disabilities through employment training, and more than
50 potential employers were educated in the abilities and
qualifications of these committed job candidates.
- Youth in Motion's Top 20 Under 20 Program
Youth in Motion's mission is to empower young Canadians to live their
best lives. The Top 20 Under 20 Program is a year-long youth
leadership and development training program designed to identify
outstanding young Canadian leaders, further develop their skills and
aptitudes, and focus and fuel their passions. Equity Through
Education will support this ethnically and culturally diverse group
of tomorrow's leaders with bursary funding.
About BMO Capital Markets
BMO Capital Markets is a leading full-service North American financial
services provider, with over 2,400 employees operating in 14 North American
offices and 26 worldwide, offering corporate, institutional and government
clients access to a complete range of investment and corporate banking
products and services. BMO Capital Markets is a member of BMO Financial Group
(NYSE, TSX: BMO), one of the largest diversified financial services providers
in North America with US$375 billion total assets and more than
37,000 employees as at July 31, 2008.
For further information:
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