Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

April 21, 2010 08:15 ET

Ontario Students Aim to Save the World

Students from Across the Province Competing in CA Challenge Contest April 23

TORONTO, ONTARIO--(Marketwire - April 21, 2010) - Ontario high school and university students with big ideas are aiming to help mankind – and score some cash – in the Institute of Chartered Accountants of Ontario's second annual Save the World contest. Five high school and three university teams will compete in Toronto on April 23 in a contest to decide which high school team and which university team have come up with the most exciting and innovative ways to make the planet a better place.

Not content with just offering students a chance to "Rule the World" by becoming a CA, the Institute of Chartered Accountants of Ontario offered students a chance to "Save the World" by taking part in this unique CA philanthropy challenge. Young people were challenged to come up with revolutionary ideas that would help make the world a better place and the CAs are incenting them by offering both help and, more importantly, cash.

The Save the World prize is up to $10,000 for the winning student team, with up to $5,000 going towards making the students' ideas reality and the extra $5,000 going towards anything the winners care to spend it on. The winning entry will be chosen by a team of expert CAs at an event at the Institute of Chartered Accountants of Ontario on Friday, April 23.

NOTE: Media are invited to attend Save the World and a new release announcing the winning teams will be made available April 26. Interviews can also be set up with local participants prior to or after the event.

WHAT: Save the World contest
WHEN: Friday, April 23 from 8:30 a.m. to 2 p.m. – Winners announced at 1:00 p.m.
WHO: Students from five Ontario high schools and three Ontario universities
WHERE: The Institute of Chartered Accountants of Ontario, 69 Bloor Street East, Toronto

The Save the World high school finalists are:

  • Matthew Narine, Aian Binlayo and Yiu Chun Chan of Notre Dame Catholic Secondary School in Brampton
    • Idea – creating a contest where customers compete against each other by increasing energy efficiency within their households in order to win free energy for a year.
  • Giulia Pizzuto, Cristina Rossi and Patrick Kalinowski of St. Elizabeth Catholic High School in Thornhill
    • Idea – providing underprivileged students in developing countries with the school supplies needed for a complete educational experience.
  • Cynthia Anagnostopoulos and Brenna Hinrichsen of R.H. King Academy in Scarborough
    • Idea – to enable all kids to play sports by collecting unused sports equipment from the community and donating it to local sports and recreation centres.
  • Hemali Mistry of Sandalwood Heights Secondary School in Brampton and Sumeet Farwaha of Rick Hansen Secondary School in Mississauga
    • Idea – hold a charity dance competition to raise money for a variety of local and global charities in need.
  • Shriyah Sadana of Gordon Graydon Memorial Secondary School in Mississauga
    • Idea – to develop a filtering system to purify unhealthy lake water using carbon block and limestone.

The Save the World university finalists are:

  • Rich (Meng Ri) Zhou of York University – Schulich School of Business and Edward Huang of the University of Toronto – Scarborough campus, both of Richmond Hill.
    • Idea – creating an alternative to business cards in order to reduce the problems of environmental harm, information loss and social inactivity.
  • Stephen Vescio of York University – Schulich School of Business in Toronto.
    • Idea – "ePockets" – mixing micro-donations with social media - a website that will allow people to donate in small amounts to a variety of charities
  • Anas Ayaz and Mehnaaz Bholat, both of York University – Schulich School of Business in Toronto
    • Idea – developing an online venture that looks to liaison drivers looking for affordable /convenient parking and homeowners that wish to generate some extra income.

Save the World is an important part of the Rule the World student recruitment ad campaign that points out achieving the CA designation can be a valuable first step on the road to personal career success and business conquests. The campaign, launched by the Institute, speaks to students in terms that would capture their attention and help dispel any stereotypes that might still exist regarding the CA profession. The campaign, launched in September 2008, will continue through 2011.

About the Institute of Chartered Accountants of Ontario:

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's 33,000 Chartered Accountants and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's internationally recognized standards of qualification and the enforcement of its rules of professional conduct. Ontario CAs contribute greatly to international and domestic investor confidence in the soundness of the Ontario and Canadian economies. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    416-969-4271 or 1-800-387-0735 ext. 271
    pjensen@icao.on.ca