CNW Group Newsmakers win the TMX Cup at the SCRABBLE Corporate Challenge

Sixth annual fundraiser raises record funds for Frontier College

TORONTO, March 4 /CNW/ - Last night, top executives from Bay Street's banks, investment, accounting, and law firms competed in the sixth annual SCRABBLE Corporate Challenge, presented by TMX Group and hosted by the CBC's Amanda Lang.

Corporations from the financial, legal, technology and accounting sectors challenged their peers in a competitive game of SCRABBLE for the chance to win the coveted TMX Cup, in support of Frontier College, Canada's original literacy organization.

This year, the CNW Group Newsmakers defeated 45 SCRABBLE teams to successfully defend their 2009 championship and once again take home the TMX Cup.

"We offer our congratulations to the CNW Team for their exciting win last night and a big thank you to all of our competing organizations," said Sherry Campbell, President, Frontier College. "More than 40% of Canadians struggle to read and write. Having Bay Street's support at the SCRABBLE Corporate Challenge makes an incredible difference - this was our most successful year yet."

While playing for the chance to win the TMX Cup, teams competed in their industry conferences. The 2010 conference winners are:

CIBC Mellon "The Golden Tiles"- Banking & Financial Services Winners

PricewaterhouseCoopers "Alphabet Soup" - Diversified & Accounting Winners

Thornton Grout Finnigan "Scrabble Legals"- Legal Winners

CNW Group "Newsmakers" - Technology & Data Services Winners

BMO Capital Markets "Lettermen" - Capital Markets & Wealth Management Winners

SCRABBLE(R) teams competing this year include: Algorithmics; Barrick Gold; Bell Canada; Bennett Jones LLP; Beqaj International; Blake, Cassels & Graydon LLP; BMO Capital Markets; Borden Ladner Gervais; CanDeal; CGI Group Inc.; CIBC; CIBC Mellon, CNW Group; Davies Ward Phillips & Vineberg LLP; Deloitte & Touche LLP; Ernst & Young LLP; Genworth Financial Canada; Horizons BetaPro; Interactive Data; IRESS Market Technology Canada; ITG; KPMG; Markit Group Limited; Miller Thomson; MTS Allstream; Osler, Hoskin & Harcourt LLP; Penson Financial Services Canada; PricewaterhouseCoopers; ResMor Trust Company; Scotia Capital; Scotiabank; Standard & Poor's; State Street Trust Company Canada; Telus; TD Bank Financial Group; Thomson Reuters; Thornton Grout Finnigan; TMX Group and Torys.

The SCRABBLE(R) Corporate Challenge was established in 2005. A tournament based on the word game SCRABBLE(R) is the perfect event to bring awareness to low literacy rates in Canada. Since 2005, the event has raised over $1 million for Frontier College and its important mission to improve literacy rates across Canada.

    
    About Frontier College
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Literacy is an essential skill in today's world. At Frontier College, we believe it's a fundamental right. Low literacy skills are directly linked to poverty, poor health and high unemployment. Through a network of thousands of volunteers, Frontier College is helping children, youth and adults to realize their potential and seize the opportunities that come their way. For more information about Frontier College visit www.frontiercollege.ca

For further information: Kendra Tedford Devine, Frontier College Foundation, [phone] ext. 335, [email protected]