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Last updated on April 18, 2014 at 21:21 EDT

CIBC and Canadian Breast Cancer Foundation challenge businesses to raise money for breast cancer research

August 29, 2012

Corporate teams raised more than $5 million in 2011 alone for breast
cancer research, education and advocacy

TORONTO, Aug. 29, 2012 /CNW/ – Today CIBC (TSX: CM, NYSE: CM) and the
Canadian Breast Cancer Foundation (CBCF) issued a challenge to the
Canadian businesses community to enter a team in the 2012 Canadian
Breast Cancer Foundation CIBC Run for the Cure and raise money to help
fund research, education and advocacy for breast cancer.

“CIBC’s involvement with the Run for the Cure started with a handful of
dedicated employees and has grown into an important part of the fabric
of our organization,” said Christina Kramer, CIBC Executive
Vice-President and National Run Champion. “Team CIBC is passionate
about supporting the Foundation’s vision of creating a future without
breast cancer and through the Corporate Spirit Challenge we invite
companies of all sizes across Canada to get involved as well by
registering a team in this year’s event.”

Corporate teams have had an enormous impact, raising more than $5
million in 2011 alone to help make a difference in the lives of those
living with breast cancer and their loved ones. The CIBC Corporate
Spirit Award is presented to the top fundraising team at each Run site
across the country on Run day in recognition of their significant
contribution. This year’s event takes place on Sunday, September 30.

“The Fairmont Royal York is proud to share a brand-wide commitment to
corporate social responsibility and the CIBC Run for the Cure allows us
to unite in support of a cause that has impacted our hotel team, their
families and our guests,” said Heather McCrory, Team Captain & Regional
Vice President and General Manager, The Fairmont Royal York. “It also
gives us an opportunity to establish a common ground between 1200
colleagues who come from 100 different ethnic backgrounds and range in
age from 18 – 70 years. We are amazed by their commitment to personal
fundraising along with the support we receive from our guests.”

The kick-off of the CIBC Corporate Spirit Challenge took place this
morning with representatives from CIBC, Canadian Breast Cancer
Foundation and corporate team participants from last year ringing the
opening bell of the Toronto Stock Exchange.

“The leadership of our corporate team members, who volunteer their time
and fundraise in support of the breast cancer cause, is truly
inspiring,” says Sandra Palmaro, CEO of the Canadian Breast Cancer
Foundation – Ontario Region. “The employees who participate in the CIBC
Run for the Cure through corporate teams make it possible for the
Foundation to continue funding the most promising breast cancer
research and supporting the breast cancer community across the
country.”

About the Canadian Breast Cancer Foundation CIBC Run for the Cure
Since 1992, the annual Canadian Breast Cancer Foundation CIBC Run for
the Cure has been the largest, single-day, volunteer-led national event
in support of creating a future without breast cancer. In 2011, close
to 170,000 participants raised over $30 million to fund innovative
breast cancer research, education and awareness programs. On Sunday,
September 30, 2012 this national movement will again connect
participants and volunteers in 60 communities across the country. For
more information, visit www.cbcf.org

About CIBC
CIBC (CM: TSX;NYSE) is committed to supporting causes that matter to our
clients, 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 2009, $26.8 million was
contributed through the CIBC group of companies to charitable and
non-profit initiatives in Canada, supporting a wide variety of
national, regional and local organizations. To learn more, visit www.communitymatters.cibc.com.

About the Canadian Breast Cancer Foundation
For over 25 years, the Canadian Breast Cancer Foundation has been at the
forefront of a nation-wide movement to raise awareness and mobilize
action on breast cancer. Today, the Foundation is the leading
organization in Canada dedicated to creating a future without breast
cancer. Since 1986, from coast to coast, we have invested over $274
million to fund vital research and community health grants that have
led progress in breast cancer prevention, diagnosis, treatment and
care. Visit cbcf.org and join the movement.

SOURCE Canadian Breast Cancer Foundation

Image with caption: “Executives from CIBC, Canadian Breast Cancer Foundation, TSX and representatives from Fairmont Royal York and Deloitte ring the opening bell at the TSX and challenge corporations to raise money for breast cancer research by participating in the Canadian Breast Cancer Foundation CIBC Run for the Cure. (CNW Group/Canadian Breast Cancer Foundation)”. Image available at: http://photos.newswire.ca/images/download/20120829_C2370_PHOTO_EN_17334.jpg


Source: PR Newswire