HSBC Bank Canada investing $400,000 in Pathways to Education Canada to expand
programs supporting indigenous high school students in low-income communities
HSBC will help Indigenous students graduate from high school and continue with
TORONTO, June 20, 2014 /CNW/ - Pathways to Education Canada is pleased to
announce HSBC Bank Canada is further increasing its commitment to Indigenous
youth education by supporting the expansion of programming in three
communities where students face daunting challenges to graduate from high
HSBC's $400,000 investment over three years will bolster Pathways programs in
communities with high Indigenous representation. The HSBC involvement will
allow for expansion of one-on-one tutoring, mentoring and financial support.
"HSBC Bank Canada has been a loyal Pathways supporter, recognizing that the
best way to build communities in a sustainable way is through education," says
Vivian Prokop, President and CEO of Pathways to Education. "Our program
recognizes the unique challenges our students face and provides the skills
that youth need to succeed both in and out of the classroom."
The funding will establish the Pathways HSBC Indigenous Education Attainment
Fund, which will help more than 400 high school students in its first year by
providing the support and encouragement that all young people need to thrive.
Paulo Maia, President and Chief Executive Officer, and Executive Sponsor of
HSBC's Indigenous Canadian Employee Resource Group, HSBC Bank Canada, said:
"HSBC currently offers six permanently endowed awards for indigenous students
at colleges and universities across Canada — but we want to do more.
Through our three-year commitment to Pathways to Education, we aim to help
Indigenous youth achieve their full potential."
This commitment is part of a wider community investment program which also
includes a charitable contribution from HSBC Bank Canada to Indspire.
Specifically designed to enable more Indigenous youth to successfully complete
high school and make the transition to post-secondary education, the new HSBC
programs are expected to assist nearly 500 youth in 2014 alone.
In addition to working with thousands of youth across Canada, Pathways aims to
raise awareness of the growing achievement gap where more than 400,000 young
people in low-income communities are at risk of not graduating from high
school. The organization's ultimate goal is to build a Graduation Nation where
all young people reach their potential and help their families, communities
and country prosper.
About Pathways to Education Canada - www.pathwaystoeducation.ca
Pathways to Education Canada is a charitable organization that helps youth in
low-income communities graduate from high school and successfully transition
into post-secondary education or training. Pathways addresses systemic
barriers to education by providing leadership, expertise and a community-based
program proven to lower dropout rates. Founded in 2001, Pathways operates in
16 communities across Canada, with programs in Ontario, Quebec, Nova Scotia,
Manitoba and British Columbia. Pathways was recently recognized with a 2013
World Innovation Summit for Education award (WISE) from the Qatar Foundation
for its innovative and effective work in education.
About HSBC Bank Canada
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading
international bank in Canada. The HSBC Group serves customers worldwide from
over 6,300 offices in over 75 countries and territories in Europe, Asia, North
and Latin America, and the Middle East and North Africa. With assets of
US$2,758bn at 31 March 2014, HSBC is one of the world's largest banking and
financial services organizations.
SOURCE Pathways to Education Canada
Sybil Eastman, Citizen Optimum,
Image with caption: "From left: Vivian Prokop, President and CEO, Pathways to
Education; Paulo Maia, President and CEO and Executive Sponsor of HSBC's
Indigenous Canadian Employee Resource Group, HSBC Bank Canada; Jean Teillet,
Vice Chair (Board of Directors), Indspire Canada. (CNW Group/Pathways to
Education Canada)". Image available at:
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-0- Jun/20/2014 19:00 GMT
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