Genworth Financial Proud to Support New Oakville Hospital

TORONTO, Sept. 7, 2011 /CNW/ - Recognizing the importance of the new Oakville Hospital and how it will contribute to healthy lives, Genworth Financial MI Company Canada ("Genworth Financial Canada") today announced its support towards the new facility.

Genworth Financial employees are passionate about participating in initiatives that will positively impact the lives in the community where they work and live. Their commitment of $250,000 over five years to help build a new fracture clinic is one they have embraced with enthusiasm and anticipation. Their support will be toward a state-of-the art facility that will bring tremendous benefits to those in need.

"As a business with our headquarters based in Oakville, Genworth Financial Canada is proud to participate in this initiative which will greatly enhance health services for the community," said Brian Hurley, Chairman of Genworth Financial Canada. "This new hospital will enable Oakville residents to receive quality healthcare services close to home."

"We are thankful for Genworth's generous gift to the new Oakville Hospital, which will have a profound impact on the health of our community," said Tina Triano, CEO of the Oakville Hospital Foundation. "This donation demonstrates Genworth's leadership and commitment to working together to equip an innovative medical centre that will meet the needs of our growing community."

Work began in August on the project to build a modern, state-of-the-art facility that will bring tremendous benefits to the residents of Oakville. Once construction is completed, the new Oakville Hospital will be approximately 1.5 million square feet with up to 457 inpatient beds.

About Genworth Financial Canada:

Genworth Financial Canada, a subsidiary of Genworth MI Canada Inc. (TSX: MIC), has been the leading Canadian private residential mortgage insurer since 1995. Known as "The Homeownership Company," it provides default mortgage insurance to Canadian residential mortgage lenders that enables low down payment borrowers to own a home more affordably and stay in their homes during difficult financial times. Genworth Financial Canada combines technological and service excellence with risk management expertise to deliver innovation to the mortgage marketplace. As of June 30, 2011, Genworth Financial Canada had $5.3 billion in total assets and $2.5 billion in shareholders' equity. Based in Oakville, Ontario, Genworth Financial Canada employs approximately 265 people across Canada.

Additional information about Genworth Financial Canada is available at

About the Oakville Hospital Foundation:

The Oakville Hospital Foundation is partnering with the community to fund essential medical equipment for Oakville's Hospital to enable high quality patient care. A $60 million campaign is underway to equip a new innovative health centre that will provide the best healthcare possible to a growing community. For more information about the Oakville Hospital Foundation and the campaign to equip the new hospital, visit

SOURCE Genworth Financial Canada

For further information:

For additional information or to arrange interviews, please contact:

Anita DiPaolo-Booth
Genworth Financial Canada
Strategic Marketing Leader
905.287.5394 or


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