Employees and clients step up to help children in challenging donation
TORONTO, Dec. 20 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC announced today
that a record $4.1 million was raised for Canadian kids in need on CIBC
Miracle Day, held on December 1, 2010. The amount raised on the day was
the largest in the 26-year history of the campaign.
"At a time when so many charities are struggling for donations, I'm
proud to announce that once again our employees and clients delivered
to help children across the country," says Richard Nesbitt, Chairman
and CEO, CIBC World Markets Inc. "The record $4.1 million is more than
a 17 per cent increase over what we raised last year on CIBC Miracle
Day and will ensure that thousands of kids in Canada have a brighter
2011. These funds will give children in their formative years access to
a wide range of vital support services and enrichment opportunities."
Every year since 1984, on the first Wednesday in December, CIBC's
wholesale banking employees and participating CIBC Wood Gundy
investment advisors have donated their fees and commissions to support
children in need across the country. In the past 26 years, CIBC Miracle
Day has raised nearly $60 million in Canada.
CIBC is committed to supporting causes that matter to our clients, our
employees and our communities. We aim to make a difference in
communities through corporate donations, sponsorships and the volunteer
spirit of employees. With a strategic focus on youth, education and
health, and employee commitment to causes including the Canadian Breast
Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation
and United Way, we are investing in the social and economic development
of communities across the country. In 2010, CIBC group of companies
contributed $33.7 million to charitable and non-profit initiatives in
Canada to support national, regional and local organizations. To learn
more, visit www.cibc.com/communitymatters
Join us on Facebook, facebook.com/CIBCcommunitymatters.
SOURCE CIBC World Markets Children's Foundation
For further information:
Kevin Dove, Communications and Public Affairs at (416) 980-8835, firstname.lastname@example.org