Employees' fundraising efforts and commitment to volunteering helps
United Way agencies build strong, vibrant communities
TORONTO, Jan. 17 /CNW/ - CIBC (CM: TSX;NYSE) - CIBC employees and
retirees have once again given generously of their time and money to
support United Way of Canada - Centraide Canada. In support of the 2010
campaign, $7.9 million is being contributed to United Ways and
Centraides across Canada, including a $3.2 million corporate donation.
"Each year, our employees and retirees step up to make a real difference
in our communities by helping those who need it most," said Gerry
McCaughey, CIBC's President and Chief Executive Officer. "From raising
awareness through our national Client Appreciation Day focused on
United Way, to organizing fundraising events and making personal
donations, our employees once again made a commitment to making a
difference. CIBC and our employees are proud to support the important
work United Ways and Centraides carry out in Canada each and every day
to make our communities stronger."
For more than 45 years, CIBC, and its employees and retirees have
supported United Ways and Centraides in Canada to help create
healthier, more vibrant communities for families to live, work and
raise their children.
"Thank you, CIBC, for your continued generosity and leadership in
supporting our national Movement with this gift. It demonstrates CIBC's
compassion and commitment to building better communities for everyone,"
said Al Hatton, President and Chief Executive Officer, of United Way of
Canada - Centraide Canada. "More and more families and individuals are
struggling to make ends meet in these challenging times. When we come
together to help others, we also help ourselves. We are grateful for
this contribution that is helping Canadians when they need it most."
United Way of Canada - Centraide Canada (UWC-CC) is a national
organization providing leadership and support for more than 100 United
Ways - Centraides across 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 Canadian United Ways and Centraides, 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.
For further information:
Kevin Dove, Communications and Public Affairs at (416) 980-8835, firstname.lastname@example.org