Children's Aid Foundation will participate in a special cheque presentation in support of Vancouver's kids-in-need
VANCOUVER, Dec. 1, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) invites the media to its trading floor tomorrow for the 31st annual CIBC Miracle Day - a day when traders and advisors donate their fees and commissions to children's charities. All money raised stays in the community benefitting local organizations like the Take a Hike Foundation and the Canuck Place Children's Hospice Foundation.
Last year, CIBC Miracle Day raised more than $5.5 million for more than 550 children's charities across Canada and to mark this year's celebration a special cheque presentation - representing a $1 million commitment made possible by Miracle Day - will be made to the Children's Aid Foundation.
|WHEN:||Wednesday, Dec. 2, 2015 11 a.m. - 1 p.m.|
• Aaron Douglas, actor
• Children's Aid Foundation, Valerie McMurty, Chief Executive Officer
• Big Sisters of Lower B.C. Lower Mainland, Fleur Cooper, Manager
|WHERE:||400 Burrard Street, 12th Floor|
|WHAT:||Special guests and not-for-profit organizations join CIBC to celebrate the 31st annual CIBC Miracle Day.|
In 1984, a Wood Gundy office in Toronto came up with an idea that would ultimately change the lives of children across Canada.
The late Tim Miller and the investment advisors at the 42nd Street branch - named after the famous 42nd Street in New York and located on the 42nd floor of the Head Office - decided to donate their commissions for one day of business to children's charities. For people who count on commissions for their livelihood, giving them up - even if only for one day - was a sacrifice. However, the branch's Investment Advisors were fully supportive of the initiative.
The branch called it Miracle on 42nd Street and raised $163,935 in that first year. While CIBC Miracle Day has grown expeditiously, the original objective has stayed the same: Investing in the lives of children to help prepare them for the future and to make sure that tomorrow's citizens are backed by a strong portfolio of skills and support.
Join the #CIBCMiracleDay conversation on Twitter @CIBC and Facebook (www.facebook.com/CIBC) or follow on Instagram @CIBCNow.
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. CIBC and our employees are committed to the social and economic development of our communities, with a focus on Kids, Cures and Community. In 2014, CIBC supported over 420 communities across Canada, contributing more than $42 million to 1,780 charitable and non-profit initiatives, including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation and United Way. You can find other news releases and information about CIBC on our corporate website at www.cibc.com/ca/media-centre/
About CIBC Miracle Day
CIBC Miracle Day is the annual flagship fundraising event for the CIBC Children's Foundation. On CIBC Miracle Day, CIBC's Capital Markets employees and CIBC Wood Gundy Investment Advisors donate their fees and commissions to organizations that support kids in our communities. Through the efforts of employees and clients $5.5 million was raised in 2014, for a total of nearly $80 million donated to hundreds of children's charities across Canada since 1984. To learn more, visit www.cibc.com/miracleday.
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