News & Releases >> Aug 08 2006
NEWS Aug 08 2006
Scotiabank Announces Five-Year Sponsorship of Toronto's Premier Running Event and Charity Challenge
TORONTO. August 8th, 2006 — Scotiabank today announced a new five-year commitment to extend its title sponsorship of the Scotiabank Toronto Waterfront Marathon, at 'a substantial increase', paving the way for another landmark athletic event and grassroots fundraiser on September 24, 2006.
"Scotiabank is committed to supporting the communities in which we live and work and we are delighted to offer more support to recognized charities in our communities by extending our partnership with the Scotiabank Toronto Waterfront Marathon," said Scotiabank President and Chief Executive Officer, Rick Waugh. "An important part of being a leader in corporate social responsibility is being involved in the communities where we operate."
Toronto's premier running event and charity challenge is expected to exceed last year's numbers and attract more than 10,000 runners at all levels from over 30 countries and most U.S. states. The Scotiabank Charity Challenge—which raised $625,000 in 2005—helps over 40 charities raise money by collecting pledges from marathon, half-marathon and five kilometre (5K) participants, without the cost of organizing their own event.
"We are thrilled with Scotiabank's renewed commitment," said Race Director Alan Brookes, of RCP International, owners of the event. "Scotiabank has been a marvelous sponsor for nine years and this new commitment will allow us to sustain a fast-growing international marathon and community festival."
The Scotiabank Toronto Waterfront Marathon has attracted international acclaim with exciting moments like the world-record-breaking marathon time of five hours and 40 minutes set in 2003 by 92-year-old Fauja Singh, of Britain. Ed Whitlock also raised the bar in 2004 when the 73-year-old Canadian crossed the finish line in an astounding 2:54:49.
Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad. Recognized as a leader internationally and among Canadian corporations for its charitable donations and philanthropic activities, in 2005 the Bank provided more than $40 million in sponsorships and donations to a variety of projects and initiatives, primarily in the areas of healthcare, education and social services. Scotiabank is on the World Wide Web at www.scotiabank.com.
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Media contacts: please contact Frank Switzer at 416-866-7238, or
frank_switzer@scotiacapital.com
For race information: Alan Brookes, Race Director, cell 416 464 7437.