BMO Nesbitt Burns and Harris Nesbitt Raise $1.6 Million for Charities that Support Education and Diversity
TORONTO, May 12, 2005 – BMO Nesbitt Burns and Harris Nesbitt are proud to announce they have raised a total of $1.6 million (US$1.28 million) yesterday in institutional equity trading commissions for charities that support and promote education and diversity.
This is the first year that parent BMO Financial Group (TSX, NYSE: BMO), through its brokerage subsidiaries, BMO Nesbitt Burns and Harris Nesbitt, launched Equity through Education, a charitable program focused on helping people realize their educational and career goals.
“This is an absolutely tremendous outcome. I want to thank our clients and all of our supporters for making this happen,” said Eric Tripp, Vice Chair, BMO Nesbitt Burns and Campaign Chair of the special trading day. “Equity through Education represents a partnership with our clients and our communities. It is a way for all of us to demonstrate our commitment to diversity as well as our ability to make a real difference.”
The proceeds of Equity through Education will be shared between seven charities – four based in Canada and three in the United States.
"Education is the key to success in our society," said Dr. Philip Levy, President and COO of YAI/National Institute for People with Disabilities. "We applaud Harris Nesbitt and BMO Nesbitt Burns for creating this program that will enable so many individuals to achieve their fullest potential."
“With the generous contribution from BMO, we will support talented young women so that they may positively impact tomorrow’s Canada,” said Executive Director, Franca Gucciardi, herself an alumna chosen in the first class of the Canadian Merit Scholarship Foundation.
BMO Financial Group has a proud tradition of supporting community reinvestment and corporate and social responsibility to the communities it serves. In 2004, BMO Financial Group contributed more than $37 million in corporate donations, sponsorships and events, supporting communities, charities and not-for-profit organizations in Canada and the United States.
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