HSBC will help Indigenous students graduate from high school and
continue with post-secondary studies
TORONTO, June 20, 2014 /CNW/ - Pathways to Education Canada is pleased
to announce HSBC Bank Canada is further increasing its commitment to
Indigenous youth education by supporting the expansion of programming
in three communities where students face daunting challenges to
graduate from high school.
HSBC's $400,000 investment over three years will bolster Pathways
programs in communities with high Indigenous representation. The HSBC
involvement will allow for expansion of one-on-one tutoring, mentoring
and financial support.
"HSBC Bank Canada has been a loyal Pathways supporter, recognizing that
the best way to build communities in a sustainable way is through
education," says Vivian Prokop, President and CEO of Pathways to
Education. "Our program recognizes the unique challenges our students
face and provides the skills that youth need to succeed both in and out
of the classroom."
The funding will establish the Pathways HSBC Indigenous Education Attainment Fund, which will help more than 400 high school students in its first year
by providing the support and encouragement that all young people need
Paulo Maia, President and Chief Executive Officer, and Executive Sponsor
of HSBC's Indigenous Canadian Employee Resource Group, HSBC Bank
Canada, said: "HSBC currently offers six permanently endowed awards for
indigenous students at colleges and universities across Canada — but we
want to do more. Through our three-year commitment to Pathways to
Education, we aim to help Indigenous youth achieve their full
This commitment is part of a wider community investment program which
also includes a charitable contribution from HSBC Bank Canada to
Indspire. Specifically designed to enable more Indigenous youth to
successfully complete high school and make the transition to
post-secondary education, the new HSBC programs are expected to assist
nearly 500 youth in 2014 alone.
In addition to working with thousands of youth across Canada, Pathways
aims to raise awareness of the growing achievement gap where more than
400,000 young people in low-income communities are at risk of not
graduating from high school. The organization's ultimate goal is to
build a Graduation Nation where all young people reach their potential
and help their families, communities and country prosper.
About Pathways to Education Canada - www.pathwaystoeducation.ca
Pathways to Education Canada is a charitable organization that helps
youth in low-income communities graduate from high school and
successfully transition into post-secondary education or
training. Pathways addresses systemic barriers to education by
providing leadership, expertise and a community-based program proven to
lower dropout rates. Founded in 2001, Pathways operates in 16
communities across Canada, with programs in Ontario, Quebec, Nova
Scotia, Manitoba and British Columbia. Pathways was recently recognized
with a 2013 World Innovation Summit for Education award (WISE) from the
Qatar Foundation for its innovative and effective work in education.
About HSBC Bank Canada
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading
international bank in Canada. The HSBC Group serves customers worldwide
from over 6,300 offices in over 75 countries and territories in Europe,
Asia, North and Latin America, and the Middle East and North Africa.
With assets of US$2,758bn at 31 March 2014, HSBC is one of the world's
largest banking and financial services organizations.
Image with caption: "From left: Vivian Prokop, President and CEO, Pathways to Education; Paulo Maia, President and CEO and Executive Sponsor of HSBC's Indigenous Canadian Employee Resource Group, HSBC Bank Canada; Jean Teillet, Vice Chair (Board of Directors), Indspire Canada. (CNW Group/Pathways to Education Canada)". Image available at: http://photos.newswire.ca/images/download/20140620_C8201_PHOTO_EN_41629.jpg
SOURCE: Pathways to Education Canada
For further information:
Sybil Eastman, Citizen Optimum, 416.306.6660, email@example.com