Piggy Banks Beware...Canadian Tire Jumpstart is asking Canadians to
donate their pennies to help kids 'get in the game'
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