Alfred Wirth Makes Landmark $1,050,000 Contribution to C.D. Howe Institute

    TORONTO, Nov. 29 /CNW/ - Bill Robson, President and Chief Executive
Officer of the C.D. Howe Institute today announced that businessman and
philanthropist Alfred Wirth has given the Institute an historic $1,050,000
pledge to establish an Endowment Fund for Special Studies. This is the largest
gift ever made to the C.D. Howe Institute in its half-century-long history.
    Said Bill Robson, "This is a remarkable gift by a remarkable person. Alf
Wirth is well known in business and philanthropic circles and is a true leader
in each area. He founded Wirth Associates Inc., investment counselors, in
1991. Before that, he served as Chief Investment Officer of Sun Life, United
Funds, and Crown Life. He is patron to many organizations, and generous with
his time and support."
    With the gift, Mr. Wirth becomes the founding Patron of what the C.D.
Howe Institute hopes will be a growing fund to bolster the Institute's
research capacity in five key areas: fiscal and monetary policy, economic
growth and innovation, trade policy, social policy and public institutions and
governance questions.
    Said Alfred Wirth, "This donation represents my firm belief that
independent policy research is absolutely vital to the well-being of all
Canadians. I hereby want to enable the C. D. Howe Institute to broaden its
solid, empirical approach to include research important to Canada's future
that would otherwise not be possible. Canada is already a wonderful place to
live, work and invest, but we need sound public policy to make it the world's
best." He added: "I hope this gift encourages others to consider contributing
to the C.D. Howe Institute, and the Endowment Fund for Special Studies in
particular. The Institute will celebrate its 50th anniversary in 2008 and my
gift is also meant to recognize an institution that has helped to lay the
intellectual foundation for many of our nation's most important policy
    "This gift will have an immediate and lasting impact," added Bill Robson.
"Because of it, the C.D. Howe Institute will be better, stronger and more
robust in its policy research." The Endowment Fund for Special Studies will be
a general purpose endowment to further the Institute's core mission -
independent social and economic public policy research aimed at improving the
well-being of all Canadians.
    Duncan Munn, the Institute's Vice President of Development and Public
Affairs remarked, "Alfred Wirth's gift is testimony to his generosity and
vision. This is our largest gift ever and he has set a new bar and an example
for others to follow. He has demonstrated, powerfully, that there is a growing
mandate for philanthropic action in Canada's think tank sector. Canada is made
stronger when policy is informed by research that is beholden to no interest
group or alignment and we are grateful for Mr. Wirth's vote of confidence in
our work."

For further information:

For further information: about the Endowment Fund for Special Studies,
or the C.D. Howe Institute's 50th Anniversary, please contact: Duncan Munn,
Vice President, Development and Public Affairs C.D. Howe Institute, (416)
865-1904 ext. 236,

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