Participating Canadian Tire stores across the country will collect
pennies and make every cent count
TORONTO, Feb. 4, 2013 /CNW/ - Canadian Tire Retail and Canadian Tire
Jumpstart Charities announced today that it will collect decommissioned
pennies from customers. Money raised through the campaign will help
financially disadvantaged kids in communities across Canada participate
in organized sport and recreation by removing the financial barriers
that prevent children from participating.
One hundred per cent of the revenue from Jumpstart donation boxes in
stores stays in the community where it was donated. Since 2005,
Canadian Tire Jumpstart has helped more than 500,000 children who would
not be able to participate in sports because of financial barriers get
involved in local activities. More than 2,400 community partners are
part of the Jumpstart network and together help the one-in-three
Canadian families that cannot afford to enrol their children in
organized sports and recreation.
"We know there are many Canadians out there who are looking to free
their wallets and empty their piggy banks of all their pennies. By
donating pennies to Jumpstart, Canadians can feel better knowing their
donation will help kids from their local community," said Johnny
Misley, President, Canadian Tire Jumpstart Charities. "We are asking
Canadians to donate their pennies to make some real change and help
kids get into the game."
As of February 4, 2013, the Government of Canada will eliminate the
penny from Canada's coinage system and Jumpstart is encouraging
Canadians to bring in their piggy banks and donate their pennies.
Donations boxes are available in Canadian Tire stores across the
country. The penny will retain its value, and retailers will continue
to accept pennies, indefinitely. Customers can continue to pay with
exact change at the cash or self check-outs. As recommended by the
Government of Canada, Canadian Tire stores across the country will
adopt the "fair" rounding approach. For cash transactions when proper change is
unavailable, the amount owing after tax will be rounded to the nearest
five cent increment. The new rounding approach will only apply to cash
transactions.
About Canadian Tire Jumpstart Charities
Canadian Tire Jumpstart Charities is a national charitable program
dedicated to providing financially disadvantaged kids with the
opportunity to experience the benefits of organized sport and
recreation. With an extensive national network of more than 315 local
chapters, it provides families in communities across Canada with a
hand-up to help cover the costs associated with registration, equipment
and/or transportation.
Supported by the Canadian Tire Family of Companies, which includes
Canadian Tire Retail, PartSource, Gas+, FGL Sports (Sport Chek and
Atmosphere,), Mark's and Canadian Tire Financial Services, Jumpstart
has enabled more than 500,000 Canadian kids to get in the game since
2005. For more information or to lend your support, visit Jumpstart.CanadianTire.ca.
SOURCE: CANADIAN TIRE CORPORATION, LIMITED