On Dec. 3, CIBC World Markets sales and trading employees and CIBC Wood Gundy investment advisors will donate their fees and commissions to children’s charities across Canada as part of Miracle Day, an annual charity that has raised $41 million since it was conceived in Canada in 1984.

“On Dec. 3, we work for a different boss — children in need all across Canada,” says Richard Nesbitt, chairman and CEO, CIBC World Markets. “Miracle Day is traditionally one of our busiest trading days of the year as clients large and small know their commissions go to help their favourite kid’s charities.”

“These charities need our support more than ever and we encourage anyone looking to buy or sell stock next week to do it on Wednesday through a CIBC World Markets or a CIBC Wood Gundy representative.”

Funds raised on Miracle Day benefit a wide range of children’s charities. Whether it is a hot meal to start the day, shelter in the midst of a crisis, extra help with schoolwork or the fulfillment of a child’s special wish – the Miracle touches the lives of children across Canada.

In 2007, Miracle Day raised over $10.1 million globally.

Miracle Day was conceived in 1984 by a Wood Gundy manager. The original event was called Miracle on 42nd Street, and its goal was to raise money for children’s charities during the Christmas season. The first Miracle Day raised $163,935. Since then, Miracle Day has become an important CIBC World Markets tradition.

IE