Donation will help fund vital equipment for coordinated care and shorter
waiting times for cancer patients
OAKVILLE, ON, Sept. 17, 2011 /CNW/ - CIBC (CM: TSX) (CM: NYSE) announced today a $500,000 donation to the
Oakville Hospital Foundation in to help build the new Oakville
"CIBC is committed to research, treatment and services to improve cancer
care for people across the country," said Larry Tomei, CIBC's Senior
Vice-President of Retail and Business Banking for Central Canada.
"Cancer touches all of us in some way and breast cancer is a cause
especially close to our hearts at CIBC. We are pleased to work with a
key community partner like the Oakville Hospital Foundation to improve
cancer care for people in Oakville and surrounding communities."
CIBC's donation was presented to Tina Triano, CEO of the Oakville
Hospital Foundation, at the grand opening celebration of the bank's new
6,400 square foot CIBC Dundas and Postmaster Banking Centre, located
across the road from the site of the new hospital. Ms. Triano was
joined by Dr. Robert Yu, Chief, Halton Health Services Diagnostic
Imaging Department as well as CIBC employees and clients.
CIBC's donation will help fund vital equipment to support improved and
coordinated care for cancer patients, from early detection to diagnosis
and treatment, specifically within the new Hospital's Diagnostic
Imaging Unit. In recognition of CIBC's commitment to cancer care, the
hospital will name the patient reception area as the CIBC Diagnostic
"CIBC's generous donation will enable us to build and equip a new
hospital that will provide our patients with better access and more
advanced diagnostic imaging technology right here in their own
community," said Ms. Triano. "We are thrilled to partner with such a
well-known champion and corporate leader for cancer research, support
and services, in bringing much needed quality care close to home."
"Advanced imaging provided by CT scanners, MRI equipment, digital
mammography as well as other modalities in our department, are vital,
non-invasive diagnostic tools that play a key role in enhancing our
ability to provide for the medical needs of our community," explained
Dr. Yu. "The generous support from CIBC will help us purchase the
essential equipment we require to provide the best possible care to our
The new facility will provide much-needed diagnostic services for
patients in Oakville and surrounding area. It is anticipated that the
number of patients able to receive these tests will double by 2018 and
nearly triple by 2024.
CIBC is committed to supporting causes that matter to our clients,
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 United Way, we are investing in the social and economic development
of communities across the country. In 2010, $33.7 million was
contributed through the CIBC group of companies to charitable and
non-profit initiatives in Canada, supporting a wide variety of
national, regional and local organizations. To learn more, visit www.communitymatters.cibc.com.
About Oakville Hospital Foundation
The Oakville Hospital Foundation is partnering with the community to
fund essential equipment for Oakville's Hospital to enable high quality
patient care. The generous support from the community is needed to help
the Foundation achieve its $60 million campaign goal.
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Suzanne Hallsworth, Director, Communications, email@example.com, 905-338-4642
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