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News Releases

 

Reach! and RBC celebrate a first that will last

RBC Financial Group provides its largest donation to date in Alberta

June 5, 2006

Calgary — RBC Financial Group today announced its largest gift to date in Alberta - a $2 million gift to Reach!, the joint fundraising initiative of the Calgary Health Region and the University of Calgary.

RBC's gift to Reach! fittingly coincides with the start of Seniors Week as their gift will lead the development of a new Seniors Health Campus - a physical and virtual centre of excellence for seniors' health, offering a variety of health programs and services to support healthy aging.

"RBC is aware that seniors are the fastest growing age group comprising Alberta's population. RBC carefully considered the many worthy projects Reach! was intended to fund and concluded that one of the most impactful means of contributing to communities across the Province would be to support the creation of the Seniors Health Campus," said Bill Sembo, Vice Chairman, RBC Capital Markets. "We are honoured to be partnering with Reach! to support health and wellness programs that will improve community services and enhance quality of life for the seniors in our community."

RBC's partnership with Reach! will focus particular attention on Injury and Falls Prevention for Seniors - an existing Calgary Health Region initiative that will become a flagship program of the Seniors Health Campus once it is developed. The program will be expanded over the next several years to include home and community care and emergency or acute care. Its objective is to see a 20 per cent decrease in falls among seniors in our community.

"Falls are a leading cause of injury-related deaths among seniors, and a leading cause of loss of independence," says Jack Davis, President & CEO of the Calgary Health Region. "Plus, the cost burden to health care is huge - hip fractures alone cost the Calgary Health Region $31.7 million last year. Falls however are not an inherent part of aging, and most of them are preventable. Our goal is to have the healthiest community in Canada and this gift from RBC will help the seniors in our community lead happy and productive lives."

RBC's donation is the largest corporate gift received by Reach! to date, and the first that will help address the long-term need for better health and wellness services for the growing population of seniors in our community.

"We are grateful for the generosity and commitment to seniors RBC has demonstrated with this significant gift", says Ken King, Co-Chair of Reach!. "RBC has a strong history of supporting health and wellness in this community and this recent gift will contribute to the vision of Reach!, to create a new world standard of health for southern Albertans."

- end -

For more information, please contact:

Reach!
Lois Epp
Director, Communications
403. 220. 2945
403. 862. 9668 (cell)
lois.epp@ucalgary.ca
www.reachforhealth.ca

RBC Financial Group
Cathryn Tucker
Advisor, Public Affairs
403. 292. 3970
403. 542. 0617 (cell)
cathryn.tucker@rbc.com
www.rbc.com

About Reach!
Reach! is a five-year, $300 million joint fundraising partnership between the University of Calgary and the Calgary Health Region designed to raise targeted philanthropic dollars to build on excellence within Calgary's existing health system. Project included within Reach! span the continuum of the health system, from research and education to patient care and community health. Our vision is to "build a new world standard of health".

About RBC Financial Group
RBC Financial Group (RBC) has been named Canada's Most Respected Corporation in the category of "Corporate Social Responsibility" for 11 consecutive years in the annual KPMG/Ipsos Reid poll. In addition to having one of the leading community care programs in Canada, RBC is a founding member of Imagine Canada, committed to donating at least one per cent of its annual net income before taxes to charitable causes. In 2005, RBC invested more than $65 million in communities across North America, including $40.6 million in donations to charitable organizations and $25 million invested in sponsorships.

 

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