Sept. 27, 2006: HSBC Bank Canada Aboriginal Award will assist students

      FOR IMMEDIATE RELEASE
      Wednesday, September 27, 2006
      Contact: Shelley Kean
      Tel: 604.983.7596

      (NORTH VANCOUVER, B.C.)—HSBC Bank Canada has made a donation of $60,000 to Capilano College to establish the HSBC Bank Canada Aboriginal Award. With matching dollars from the College, an endowment of more than $90,000 will be created in three years to address the learning needs of Aboriginal students enrolled in the College’s programs.

      “We are extremely grateful to HSBC Bank Canada for establishing this award that will enable the participation and success of Aboriginal learners for years to come,” said Jim Cooke, vice-president, student and institutional support at Capilano College. “Along with providing increased educational opportunities to members of Aboriginal communities, this generous financial support will also open the door to the important diversification of our student population.”

      Bill Crawford, Senior Vice President, B.C. Region of HSBC Bank Canada, said: “At HSBC, we believe that support for education is crucial for the future prosperity of Canada. We have established scholarships and bursaries at a number of post-secondary institutions across the country to encourage students to strive for higher education so we are very pleased to establish the HSBC Bank Canada Aboriginal Award at Capilano College.”

      Capilano College has long been committed to improving the levels of participation and success of Aboriginal learners. Unique programs, such as the Indigenous Independent Digital Filmmaking program and the First Nations Tourism Management Cooperative program, were developed to specifically address the learning needs of Aboriginal students. In addition, the College’s First Nations Student Services department provides support, advice and counseling to Aboriginal students enrolled in College programs.

      “Research shows that Aboriginal students who graduate from post-secondary education achieve higher levels of employment and income,” says Jessica Thoms, executive director of the Capilano College Foundation. “This award will provide encouragement and financial support for students to be successful in school and beyond into the workforce.”

      Known for its innovative programs‚ some of which are unique in Canada‚ Capilano College is committed to enabling the success of its students. The College’s three campuses, located in North Vancouver, Squamish and in Sechelt, serve 7,500 credit and 7,000 non-credit students annually.

      HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 170 offices and is the leading international bank in Canada. With around 9,500 offices in 76 countries and territories and assets of US$1,738 billion at 30 June 2006, the HSBC Group is one of the world ’s largest banking and financial services organizations.

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      Contacts:
      Jessica Thoms
      Executive Director
      Capilano College Foundation
      Tel: 604.984.1765

      Ernest Yee
      Assistant Vice President, Public Affairs
      HSBC Bank Canada
      Tel: 604.641.2973