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CIBC Provides Opportunity for Canada’s Youth

Youthvision_Newsroll_photoA Big Brothers Big Sisters of Canada partner for more than 17 years, Canadian Imperial Bank of Commerce (CIBC) has helped change the lives of hundreds of Littles from across the country with their Youthvision Scholarship program.

Each year the CIBC’s Youthvision Scholarship program commits more than $1 million to make post-secondary education dreams a reality for youth-in need, ultimately helping to break the cycle of poverty in their family. Since the inception of the program in 1998, 453 lives have been changed thanks to CIBC’s commitment to kids.

Each year, between 150-200 Grade 10 students enrolled in a mentoring program with Big Brothers Big Sisters of Canada or the YMCA annually apply for the CIBC Youthvision Scholarship program and up to 30 new scholarships are offered annually. Each scholarship is valued at $38,000 in combined work placements and tuition to which the winners receive six summer internships through the YMCA that begin right after Grade 10 and a $4,000 annual contribution towards tuition for four years. The selected annual winners continue to receive ongoing mentoring from either Big Brothers Big Sisters or the YMCA until they graduate from their post-secondary education.

In addition to the scholarships, each of the students take part in CIBC Money Smarts for Students Seminar helping them shape their financial futures as they prepare to head off to college or university.

CIBCBeginning in 2013 three CIBC Youthvision Athlete Awards were added bringing the total number of scholarship available per year to 33 as part of CIBC’s commitment to the 2015 Pan-Am Games. This represents a more than $1 million investment CIBC is making in young people and amateur sport in Canada.

CIBC’s flagship education program, CIBC Youthvision™, has been recognized by Imagine Canada as being an outstanding partnership between the business and voluntary sectors.

A BIG thank you from Big Brothers Big Sisters of Canada and its agencies to CIBC for believing in the impact of mentoring and for making a positive difference in the lives of our nation’s youth.

Impact of Mentoring

What a Difference Being a Mentee

How is my life different since I received a mentor? Quite simply, it’s better.