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Date: November 17, 2004

CIBC Half Million Gift to UVic Assists Students' Transition to Workforce

The shift from campus life to the working world is sometimes difficult for students, but a $500,000 gift over five years from CIBC to UVic’s Career Services department will make that easier. The gift will support the development of the Applied Career Transitions Project. This five year pilot project is unique in that it is targeted at recent UVic graduates, not current students, and guides them through their transition into the labour market. In recognition of the gift, the library in Career Services will be named the CIBC Career Resource Library.

“This gift from CIBC will allow us to continue to develop the programs and services that our graduates need, to make the successful change from their studies into meaningful and productive careers”, said Jennifer Margison, manager of UVic’s Career Services. The program provides graduates with the guidance they need to build professional relationships and networks that are the foundations of a career.

“Our students are faced with so many questions when they graduate. ‘What can I do with my degree? Where do I start to look? How do I get my foot in the door without any experience?’ Thanks to CIBC’s gift, we can continue the development of programming to provide support and coaching for new grads as they begin building their professional working lives” adds Margison.

“In an increasingly competitive global economy, ensuring that students and graduates transition successfully into the labor market is integral to Canada’s future prosperity” said John Webber, Director, Commercial Banking, CIBC “CIBC strongly believes in investing in programs that help young Canadians reach their full potential. Through this investment in UVic’s Career Services program and resources we hope to help students overcome some of the barriers they face when trying to enter today’s workforce”

UVic President Dr. David Turpin is delighted by the CIBC’s gift to Career Services. “This is helping bring about core changes in how we prepare our students to find their place in society. It’s a critical piece of the educational process.”

Media contacts:
Kristin Rabnett, (Manager, Community Relations, CIBC) at (604) 665-1190 or kristin.rabnett@cibc.com
Chris Thackray, (UVic Marketing and Communications Officer) at (250) 721-6247 or thackray@uvic.ca

UVic media releases and other resources for journalists are available on the World Wide Web at http://communications.uvic.ca/media

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