Making Miracles In Communities Across Canada

In 1984, a Wood Gundy branch in Toronto came up with an idea that would ultimately change the lives of thousands of children throughout Canada and around the world. Wood Gundy's 42nd Street Branch – located on the 42nd floor of the firm's original head office and named after the famous 42nd Street in New York – was a retail brokerage branch whose community spirit made it unique and far ahead of its time in the Canadian market.

Branch Manager, Tim Miller and the advisors in his branch decided to donate their commissions for one day of business to children's charities. For people who count on commissions for their livelihood, giving them up – even if only for one day – reflected their strong commitment to helping children. The initiative was named Miracle on 42nd Street, and in that first year $192,407 was raised by this branch.

Twenty-seven years later the vision is going strong. On the first Wednesday of December each year, participating CIBC Wood Gundy Investment Advisors and CIBC's wholesale banking sales and trading staff donate their fees and commissions to help more than 400 children's charities across Canada who are making miracles happen in our communities every day. Since inception, more than $55 million has been raised to benefit children across Canada.

A proud tradition that has been replicated, but never duplicated, this year CIBC Miracle Day takes place on Wednesday, December 7, 2011. For more information, please visit www.cibc.com/miracleday.