/R E P E A T -- CIBC to raise millions for kids-in-need at 31st annual CIBC Miracle Day/
CIBC Wood Gundy Advisors lend a hand in support of local Victoria children's charities
VICTORIA, Dec. 1, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) invites the media to attend a special cheque presentation on Wednesday, Dec. 2 in support of local children's charities to mark the 31st annual CIBC Miracle Day.
Last year, CIBC Miracle Day raised more than $5.5 million for more than 550 children's charities across Canada. The money raised through the donations of trading fees and commissions from CIBC Wood Gundy Advisors in Victoria stays in the community benefitting local organizations like Help Fill a Dream, Kidsport, B.C. Childhood Cancer Parents Association and The Victoria Foundation.
This year, five-year-old Coen Wallace, a kidney transplant recipient, his parents Tanis and Chris and big brother Leighton will be in attendance along with the Help Fill a Dream Foundation. Coen's dream is to experience a Walt Disney vacation with his family.
| WHEN: | Wednesday, Dec. 2, 2015, 11:30 a.m. | |
| WHO: | Children's Charities
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| WHERE: | 730 View Street, 9th Floor | |
| WHAT: | Special guests and not-for-profit organizations join CIBC to celebrate the 31st annual CIBC Miracle Day. |
In 1984, a Wood Gundy office in Toronto came up with an idea that would ultimately change the lives of children across Canada.
The late Tim Miller and the investment advisors at the 42nd Street branch - named after the famous 42nd Street in New York and located on the 42nd floor of the Head Office - decided to donate their commissions for one day of business to children's charities. For people who count on commissions for their livelihood, giving them up - even if only for one day - was a sacrifice. However, the branch's Investment Advisors were fully supportive of the initiative.
The branch called it Miracle on 42nd Street and raised $163,935 in that first year. While CIBC Miracle Day has grown expeditiously, the original objective has stayed the same: Investing in the lives of children to help prepare them for the future and to make sure that tomorrow's citizens are backed by a strong portfolio of skills and support.
Join the #CIBCMiracleDay conversation on Twitter @CIBC and Facebook (www.facebook.com/CIBC) or follow on Instagram @CIBCNow.
About CIBC
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. CIBC and our employees are committed to the social and economic development of our communities, with a focus on Kids, Cures and Community. In 2014, CIBC supported over 420 communities across Canada, contributing more than $42 million to 1,780 charitable and non-profit initiatives, including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation and United Way. You can find other news releases and information about CIBC on our corporate website at www.cibc.com/ca/media-centre/
About CIBC Miracle Day
CIBC Miracle Day is the annual flagship fundraising event for the CIBC Children's Foundation. On CIBC Miracle Day, CIBC's Capital Markets employees and CIBC Wood Gundy Investment Advisors donate their fees and commissions to organizations that support kids in our communities. Through the efforts of employees and clients $5.5 million was raised in 2014, for a total of nearly $80 million donated to hundreds of children's charities across Canada since 1984. To learn more, visit www.cibc.com/miracleday.
SOURCE CIBC
For further information or to RSVP:
Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699, [email protected].
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