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Funds to help more than 450 children's charities across Canada
TORONTO, Dec. 19, 2013 /CNW/ - CIBC (CM: TSX) (CM: NYSE) On December 4, CIBC traders and advisors once again gave up their commissions for a day to raise $4.6 million for children's charities and kids in-need.
"CIBC Miracle Day is all about helping kids build a better future," said Richard Nesbitt, Chief Operating Officer, CIBC. "The efforts and generosity of our clients, employees and special guests will help thousands of kids have a warmer holiday season and a brighter year ahead."
CIBC traders in Toronto were joined by a host of music and sports legends including Randy Bachman, Ed Robertson, David Clarkson, Joe Bowen, Roberto Alomar, and Michael "Pinball" Clemons, who walked the trading floor, spoke to CIBC clients, and volunteered their time to raise money for children's charities all across Canada.
"Since 1984, CIBC Miracle Day has raised nearly $74 million to help transform the lives of kids who need it most in communities across the country," said Monique Gravel, Head of CIBC Wood Gundy. "A heartfelt thanks goes out to all of the clients, employees and special supporters who truly make this all possible by believing that every kid deserves a miracle."
On trading floors in Toronto, New York, and London, as well as Wood Gundy offices across Canada, CIBC employees and clients helped to make this a great year for children's charities. Next year marks the 30th Anniversary of CIBC Miracle Day, which occurs each year on the first Wednesday of December.
Additional photos from this year's Miracle Day can be found in the picture archive of The Canadian Press.
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 wholesale banking 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 $4.5 million was raised in 2012, for a total of nearly $69 million donated to hundreds of children's charities across Canada since 1984. To learn more, visit www.cibc.com/miracleday.
CIBC is a leading North American financial institution with 11 million personal banking and business clients. 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 Kids, Cures and Community, 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 2013, CIBC contributed more than $41 million to 1,870 charitable and non-profit initiatives in over 430 communities. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.
Image with caption: "Canadian rock stars Randy Bachman (back row, third from right) and Ed Robertson (middle row, second from left) helped raise $4.6 million for kids-in-need on CIBC's trading floor in Toronto as part of CIBC Miracle Day -- the bank's annual event, which supports over 450 children's charities across Canada. (CNW Group/CIBC)". Image available at: http://photos.newswire.ca/images/download/20131219_C5824_PHOTO_EN_35175.jpg
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