CIBC Pledges $500,000 for Mil­i­tary Em­ploy­ment Tran­si­tion Pro­gram

RCN News - - Contents -

Canada Company wel­comed CIBC as a Found­ing Part­ner of its Mil­i­tary Em­ploy­ment Tran­si­tion (MET) Pro­gram fol­low­ing its gen­er­ous do­na­tion of $500,000. As the first fi­nan­cial in­sti­tu­tion to di­rectly con­trib­ute to the pro­gram, CIBC will support Canada Company's in­no­va­tive web-based plat­form which pro­vides ed­u­ca­tion, tools and on-line ser­vices that con­nect veteran-friendly em­ploy­ers from across Canada with tran­si­tion­ing mil­i­tary mem­bers and Vet­er­ans look­ing for jobs.

"CIBC has been an in­cred­i­ble leader and part­ner in sup­port­ing Canada Company's pro­grams since our found­ing in 2006," said Blake Goldring, Chair­man and Chief Ex­ec­u­tive Of­fi­cer of AGF Man­age­ment Limited, and Founder and Chair­man of Canada Company. "I am ex­tremely proud of the growth and in­flu­ence our MET team is hav­ing across Canada, and the great strides be­ing taken by CIBC and other com­mu­nity lead­ers to bring Canada to the fore­front as a lead­ing 'Veteran Friendly' na­tion. It's been promis­ing that CIBC is the first in a se­lect group of lead­ing Cana­dian com­pa­nies that are com­mit­ting fund­ing, and we will con­tinue to make ma­jor fund­ing an­nounce­ments as found­ing part­ners come on board."

The Canada Company MET pro­gram has chal­lenged Canada's pri­vate sec­tor to as­sist mil­i­tary mem­bers and Vet­er­ans with their tran­si­tion to civil­ian life, and has as­sem­bled a coali­tion of em­ployer part­ners work­ing to­wards find­ing em­ploy­ment for 10,000 Vet­er­ans by 2023. Known as the 10,000 Jobs Coali­tion, the em­ployer part­ners re­cently re­leased its re­sults for the first and sec­ond quar­ter of the year, an­nounc­ing that its Coali­tion mem­bers have hired a to­tal of 292 Cana­dian Armed Forces (CAF) mem­bers and Vet­er­ans in the first six months of 2014. In ad­di­tion to CIBC, Canada Company is work­ing with sev­eral other cor­po­ra­tions and hopes to an­nounce more found­ing part­ners with unique support for the MET pro­gram over the next sev­eral months.

CIBC is among a small group of na­tional cor­po­ra­tions com­mit­ted to en­sur­ing the long-term sus­tain­abil­ity of the MET pro­gram. CIBC was also the first and a cat­a­lyst leader in sup­port­ing the Canada Company Schol­ar­ship Fund with a com­mit­ment of $1 mil­lion to help the chil­dren of Cana­dian Armed Forces mem­bers, who died while on a mil­i­tary mis­sion, ob­tain post-sec­ondary school ed­u­ca­tion. The fund pro­vides $4,000 per year, for up to four years, to support the post-sec­ondary ed­u­ca­tion for chil­dren who qual­ify.

IMP Aero­space De­liv­ers 100th CP-140 Aurora

IMP Aero­space de­liv­ered the 100th CP-140 Aurora Third Level In­spec­tion and Re­pair Pro­gram (TLIR) air­craft to the RCAF fol­low­ing a brief cer­e­mony at its Hal­i­fax Stan­field In­ter­na­tional Air­port op­er­a­tion in Septem­ber. The Aurora air­craft is a multi-role, long-range pa­trol air as­set, ca­pa­ble of sup­port­ing Canada's Land, Sea and Air Forces through­out the world and main­tain­ing surveil­lance of all three coasts and lit­toral wa­ters.

The Aurora fleet en­tered ser­vice in 1981 and be­gan main­te­nance in­duc­tions at IMP Aero­space in 1984. The Aurora fleet is now in its sixth TLIR cy­cle. IMP Aero­space is in­cre­men­tally mod­ern­iz­ing and com­plet­ing a life ex­ten­sion pro­gram re­plac­ing the wings and hor­i­zon­tal sta­bi­liz­ers, as well as in­stalling state-of-the-art nav­i­ga­tion and flight in­stru­ments, com­mu­ni­ca­tions and mis­sion sys­tems to per­mit the air­craft to op­er­ate ef­fec­tively beyond year 2030.

IMP Aero­space has over 50 years of In­Ser­vice Support (ISS) en­gi­neer­ing and main­te­nance ex­pe­ri­ence sup­port­ing a num­ber of Depart­ment of Na­tional De­fence air­craft with over 1,800 tech­ni­cal staff in lo­ca­tions across Canada. IMP Aero­space is one of only two Lock­heed Martin Au­tho­rized P-3 Ser­vice Cen­ters in the world.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.