PowerStream Employees' Cycling Efforts Raise $68,000

VAUGHAN, ON--(Marketwired - July 24, 2014) - Participation by more than 150 PowerStream employees in several cycling events during the months of May and June helped to raise nearly $68,000 in funds that are being shared by two charitable organizations -- Heart and Stroke Foundation and the Princess Margaret Cancer Centre.

Five employee teams, comprising 29 members each, pedaled in Heart and Stroke Big Bike events held over two months in Vaughan, Barrie and Markham. Collectively the PowerStream Big Bike teams were able to raise more than $29,000 for the Heart and Stroke Foundation through donations, raffles and bake sales.

Early in June, nine PowerStream employees cycled for two days in the annual Ride to Conquer Cancer, travelling more than 200 kilometres between Toronto and Niagara Falls. Together the PowerStream team members contributed $38,453.00 to the $20 million total that 5,212 riders generated in support of Personalized Cancer Medicine at Princess Margaret Cancer Centre.

QUOTES

• "The Heart and Stroke Foundation and the Princess Margaret Cancer Centre are important charitable organizations that PowerStream and its employees are proud to support," said PowerStream Board Chair and City of Vaughan Mayor Maurizio Bevilacqua. "As a good corporate citizen with employees that understand the importance of serving and giving back to others, we take pride in being able to contribute to such deserving causes." 

• "I am extremely proud of all of our employees for participating in these outstanding fundraising events that go towards such worthy causes," said Brian Bentz, PowerStream's President and CEO who was also a participant in the Ride to Conquer Cancer. "It speaks to the quality of our employees as well as the core values that we promote and practice at PowerStream." 

BACKGROUND

• PowerStream has entered teams in the Heart and Stroke Foundation's Big Bike event annually since 2008.

• Employees from PowerStream have been participating in the Princess Margaret Cancer Centre's Ride to Conquer Cancer each year since 2009.

ABOUT POWERSTREAM

PowerStream is a community-owned energy company that provides power and related services to more than 365,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.

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