TORONTO, Oct. 12 /CNW/ - MasterCard Canada announced today that it is
extending an offer to the City of Toronto to provide $160,000 to cover the
cost of keeping the City's 49 artificial outdoor rinks open during the month
of December and the holiday season.
As part of the City of Toronto's recently announced cost-containment
measures, the opening of the 49 City-operated artificial outdoor rinks,
including the Nathan Phillips Square rink, are to be delayed by one month.
"As a corporate citizen of Toronto, MasterCard felt it was important to
do something to help facilitate the opening of the rinks on time so
Torontonians could take full advantage of them this season," said Kevin
Stanton, President of MasterCard Canada. "Our Canadian operations and many of
our financial institution customers are based here in Toronto. Our team
members live here, and outdoor skating is such a great feature of Toronto's
vibrant neighbourhoods and public spaces, particularly during the holiday
Toronto's 49 outdoor artificial rinks provide the city with a unique
community atmosphere and offer Torontonians a fun and active way to enjoy the
"We look forward to working with the City to facilitate the funding and
open the rinks on their original schedule," said Stanton.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical
economic link among financial institutions, businesses, cardholders and
merchants worldwide. As a franchisor, processor and advisor, MasterCard
develops and markets payment solutions, processes over 16 billion transactions
each year, and provides industry-leading analysis and consulting services to
financial institution customers and merchants. Through its family of brands,
including MasterCard(R), Maestro(R) and Cirrus(R), MasterCard serves consumers
and businesses in more than 210 countries and territories. For more
information go to http://www.mastercard.ca.
For further information:
For further information: Julie Wilson, MasterCard Canada, (416)