CIBC traders, brokers once again donate fees and commissions as CIBC Miracle Day turns 25
CALGARY, Nov. 26 /CNW/ - CIBC (CM: TSX; NYSE) - On December 2nd, CIBC's wholesale banking sales and trading staff and participating CIBC Wood Gundy Investment Advisors will once again donate their fees and commissions to children's charities across the country as part of CIBC Miracle Day, an annual charitable event that has raised more than $50 million since it was conceived in Canada in 1984.
"For the past 25 years, CIBC Miracle Day has touched the lives of children from coast to coast," said Richard Nesbitt, Chairman and CEO, CIBC World Markets Inc. "Whether a hot meal to start the day, extra help with schoolwork, a place to turn to in a crisis, or the fulfillment of a child's special wish - the joint efforts of our employees and clients have helped thousands of children in need."
Funds raised on Miracle Day benefit a wide range of children's charities. In 2009, more than $200,000 has been distributed to over 40 charities in Calgary.
What: 25th anniversary of CIBC Miracle Day, when CIBC wholesale
banking and CIBC Wood Gundy employees donate their fees and
commissions to children's charities across Canada
When: Wednesday, December 2, 2009 10 a.m. - 11 a.m.
Where: CIBC wholesale banking trading floor, 855 2nd Street Southwest,
Who: CIBC wholesale banking and CIBC Wood Gundy employees
CIBC senior executives and senior leaders
Prominent Canadian charities and celebrities
Why: For the past 25 years, the CIBC Children's Foundation has
carried on its strong tradition of supporting and improving the
quality of life for Canadian children. What started with the
simple belief that by working together we could make a
difference has grown into one of Canada's largest single-day
corporate fundraisers for children.
RSVP: Pauline Hughes at 403-221-5870/Pauline.Hughes@cibc.com
About CIBC Children's Foundation
The CIBC Children's Foundation is a registered charity responsible for distributing funds raised on Miracle Day (the first Wednesday of each December) to Canadian children's charities.
CIBC Miracle Day is the annual flagship fundraising event for the Foundation. On Miracle Day, CIBC's wholesale banking trading staff and CIBC Wood Gundy Investment Advisors donate their fees and commissions to organizations that support kids in our communities. Through the efforts of staff and clients over $3.1 million was raised in Canada in 2008, for a total of over $50 million donated to more than 1,000 children's charities across Canada since 1984. This year marks the 25th anniversary of Miracle Day. To learn more, visit www.communitymatters.cibc.com.
CIBC is committed to supporting causes that matter to our clients, our 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 2008, CIBC group of companies contributed more than $36 million worldwide to charitable and non-profit initiatives. Of this, more than $27 million was invested in Canada to support national, regional and local organizations. To learn more, visit www.communitymatters.cibc.com.
SOURCE CIBC World Markets Children's Foundation
For further information: For further information: Kevin Dove at (416) 980-8835, firstname.lastname@example.org