BMO Capital Markets

BMO Capital Markets
National Aboriginal Achievement Foundation

National Aboriginal Achievement Foundation

September 27, 2010 09:00 ET

BMO Capital Markets Generously Donating Trading Day Proceeds to the National Aboriginal Achievement Foundation

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2010) - The National Aboriginal Achievement Foundation is proud to announce that BMO Capital Markets will for the third consecutive year make a donation to NAAF, which will assist First Nations, Inuit and Métis students pursuing post-secondary education.

BMO Capital Markets supports the National Aboriginal Achievement Foundation through its Equity Through Education program, which last week announced it will donate a total of $1.5 million to North American charities. A portion of the proceeds will go directly to the National Aboriginal Achievement Foundation and other organizations that improve access to education. The total amount raised represents one day's worth of institutional equity trading commissions earned by BMO Capital Markets in Canada and the U.S.

"We are honoured to partner with organizations like the National Aboriginal Achievement Foundation that work tirelessly to establish a foundation for individuals to achieve personal fulfillment through education," said Mike Miller, Head of Equity Products, BMO Capital Markets and Campaign Chair of the special trading day. "The funds raised through BMO's Equity Through Education program will make a real difference in the lives of bright and talented youth who have academic ambitions but limited opportunities to realize them."

"We are once again delighted to partner with BMO Capital Markets in this vital initiative that will provide much needed financial assistance to First Nation, Inuit and Métis students, enabling them to achieve their full potential and enrich our country with their contributions," said Roberta Jamieson, President and CEO of the National Aboriginal Achievement Foundation.

BMO's Equity Through Education program has raised over $9.6 million since the launch of the special trading day program in 2005. This translates into assistance to over 2,000 students through scholarships, bursaries and job search strategy forums. Equity Through Education is a charitable initiative aimed at creating a more diverse workplace by offering support to help people realize their educational ambitions by giving them opportunities they might not otherwise have.

The charities that BMO Capital Markets will support this year via Equity Through Education are:

• Canadian Merit Scholarship Foundation (CMSF)

• The Financial Women's Association of New York Educational Fund

• Foundation for the Advancement of Aboriginal Youth (FAAY)

• The Jackie Robinson Foundation

• Lime Connect

• National Aboriginal Achievement Foundation

• Pathways to Education Canada

• The YAI Network

• Youth in Motion's Top 20 Under 20 Program

The National Aboriginal Achievement Foundation (NAAF) is a charitable organization dedicated to raising funds to deliver programs that provide the tools necessary for Aboriginal peoples, especially youth to achieve their potential. To date the Foundation through its Education Program has awarded more than $37-million in scholarships and bursaries to more than 9,800 First Nations, Inuit and Métis students nationwide. NAAF's key initiatives include: The National Aboriginal Achievement Awards (NAAA) a national annual broadcast celebrating 14 achievers in a multitude of career areas including a special youth award and an award for lifetime achievement; Taking Pulse joins NAAF with industry to present career options in specific growth sectors through a series of short documentaries and supporting curriculum materials with the aim of recruiting First Nations, Inuit & Métis youth; and Blueprint for the Future (BFF) a series of one-day career fairs that motivate and inspire First Nations, Inuit and Métis high school students with valuable resources and information on career opportunities. Over 33,000 students have attended these exciting youth oriented events to date nationwide.

About BMO's Charitable Giving

Equity Through Education® is a charitable initiative launched by BMO Capital Markets in 2005 to help people realize their educational ambitions by giving them the means to pursue those goals.

For more than 190 years, BMO Financial Group has believed in reinvesting in the communities it serves. In 2009, BMO Financial Group contributed $55 million in donations, sponsorships and events in Canada and the United States to groups, organizations and programs that help build and sustain resilient, vital and healthy communities.

Contact Information

  • Jamie Monastyrski
    Director of Communications & Media
    National Aboriginal Achievement Foundation
    cell: 416-903-4331 or 416-926-0775 ext: 238
    Media Contact:
    Kim Hanson, Senior Manager, Media Relations
    BMO Financial Group
    (416) 867-3996