A podium for the generosity of athletes and corporate employees - New record: $53,157 raised for the needy by RBC Challenge for Centraide

    MONTREAL, Oct. 17 /CNW Telbec/ - A sports competition between athletes
and 500 corporate employees of Olympian generosity took place at noon today in
downtown Montreal. The occasion was the 10th annual RBC Challenge for
Centraide, a relay race against the clock up the 1,013 steps of the 41 flights
of one of Montreal's tallest buildings, Place Ville-Marie. This colourful
event raised $53,157 for Centraide of Greater Montreal's 2007 campaign.
    To celebrate this 10th anniversary of generosity towards Centraide, a
team of athletes including Martine Albert (Biathlete, Turin 2006 Winter
Olympics), Jonathan Aubry (Swimmer, Canadian champion 400m, 2008 Peking
Olympics hopeful), Charles Dionne (Road cyclist, Quebec Champion, 2005 Pan
American Games medallist), Ann Dow (Water polo player, 2000 Sydney and 2004
Athens Olympics, 2005 World Aquatic Championships medallist), Benoît Huot
(Paralympic swimmer, 5-times gold medallist at 2004 Athens Olympics, 2008
Peking Olympics hopeful), Sandré Lizé (Water polo player, 2000 Sydney
Olympics, 2008 Peking Olympics hopeful), Marc-André Moreau (Acrobatic skier,
Turin 2006 Winter Olympics), Tobias Oriwol (Swimmer, 2006 Commonwealth and
2007 Pan American games), Marina Radu (Water polo player, 2007 Pan American
Games medallist, 2008 Peking Olympics hopeful) and Kathy Tremblay (Triathlete,
Canadian National Champion) pitted itself against 50 teams of amateur marathon
    This benefit sporting event was organized by RBC Financial Group in
cooperation with SITQ Immobilier. All the proceeds - derived from
participants' registration fees and corporate sponsors - will be donated to
Centraide, which is aiming to raise $53 million by December 11 in order to
support 360 community agencies that help 500,000 vulnerable people in Greater
    Over the past 10 years, the RBC Challenge for Centraide has raised about
$275,157 for Centraide's cause. This year once again, thanks to the
fundraising activities and generous donations of its employees and to a large
corporate gift, RBC Financial Group will contribute a total of about
$1 million to help the neediest.

    About RBC Financial Group

    Royal Bank of Canada (TSX, NYSE:   RY) uses the initials RBC as a prefix
for its businesses and operating subsidiaries, which operate under the master
brand name of RBC Financial Group. Royal Bank of Canada is Canada's largest
bank as measured by market capitalization and assets, and is one of North
America's leading diversified financial services companies.
    It provides personal and commercial banking, wealth management services,
insurance, corporate and investment banking, and transaction processing
services on a global basis. The company has approximately 70,000 full-time and
part-time employees who serve more than 14 million personal, business and
public sector clients through offices in North America and some 30 countries
around the world. For more information, please visit www.rbc.com.

    About Centraide of Greater Montreal

    Centraide of Greater Montreal has a matchless capacity to mobilize a
considerable amount of human and financial resources to create lasting
solutions to social problems. Centraide promotes academic success, food
security, the autonomy of persons with disabilities, the integration of new
arrivals, mental health assistance, the empowerment of families and youth, and
much more.
    Centraide of Greater Montreal is an independent organization managed by a
board of directors which is representative of the community. It serves the
Island of Montreal, Laval, and communities on the South Shore. Centraide
supports 360 agencies and projects helping over half a million vulnerable
people. Centraide relies on a network of over 73,000 volunteers, 22,000 of
whom work on its annual campaign. More than 175,000 people contribute
financially to Centraide's campaign, mainly through payroll deduction.
Centraide is supported by some 2,500 businesses and corporations,
institutions, and public and parapublic organizations as well as by the
majority of the large trade unions. There are 18 autonomous Centraides in
Quebec, each managed by an independent board of directors which is
representative of the community it serves.

    Persons wishing to make a donation can call Centraide of Greater Montreal
at 514-288-1261 or visit the "To make your donation" section of its website at

For further information:

For further information: Annick Gagnon, Centraide of Greater Montreal,
(514) 288-1261, ext. 242; Raymond Chouinard, RBC Royal Bank, (514) 874-6556

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