TORONTO, March 8 /CNW/ - Scotia Capital today announced a donation of
$626,618 in support of children's charities. This amount was raised by agency
commissions from institutional equity trades made on Charity Trading Day.
Since hosting its first Charity Trading Day in 2002, Scotia Capital has raised
more than $4 million. This year it was held on February 22, 2007.
"We are pleased with the support we've had from the institutional
investment community in our efforts to raise funds for charities that help
children and young people across the country," said Mark Vader, Managing
Director, Co-Head Institutional Equity, Scotia Capital. "Our intent is to make
investments that have a very real and significant impact on the health and
well-being of children."
All institutional equity agency commissions on trades directed to Scotia
Capital on February 22nd by Canadian-based investors are being donated to
charities across Canada supporting the social, emotional, intellectual and
physical health and well-being of children and young people.
This year, the primary recipient of donations is the Children's Aid
Foundation's Stay in School Program. During the past two years, funding to
this program has impacted nearly 5,000 children across the country through
Tutoring Funds, Stay in School Awards and Grade eight and Grade 12 Graduation
Scotia Capital represents the global corporate and investment banking and
capital markets platform of the Scotiabank Group, one of North America's
premier financial institutions. Scotiabank is committed to supporting the
communities in which we live and work, both in Canada and abroad. Recognized
as a leader internationally and among Canadian corporations for its charitable
donations and philanthropic activities, in 2006 the Bank provided more than
$42 million in sponsorships and donations to a variety of projects and
initiatives, primarily in the areas of healthcare, education and social
services. Scotiabank is on the World Wide Web at www.scotiabank.com.
For further information:
For further information: Livy Feldgajer, Scotiabank Public Affairs,
(416) 866-6203, or firstname.lastname@example.org