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Intact Financial Corporation helping new Canadians restart their careers
Intact Financial Corporation helping new Canadians restart their careers Canada Ne...
About this update from Intact Financial Corporation
[{"type":"text","content":"\n\n\n\nIntact Financial Corporation helping new Canadians restart their careers\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 18, 2019\n\n\n\nIntact's first social ventures investment to target child poverty in a non-traditional way\n TORONTO, Dec. 18, 2019 /CNW/ - Intact Financial Corporation (TSX: IFC) has invested $200,000 in Windmill Microlending's Community Bond Program to help skilled immigrants get the Canadian credentials they need to work in their field.\nThis is Intact's first investment in the social ventures space aligned with its child poverty social responsibility focus. To help find new and creative solutions, Intact is investing in social ventures that target the root causes of child poverty in a non-traditional philanthropic way.  \n\"Our social ventures investments will enable us to deepen our commitment to addressing the root causes of child poverty while challenging the status quo of philanthropy,'' said Diane Flanagan, Vice President of Corporate Affairs and Communications, Intact Financial Corporation. ''Many skilled immigrants and refugees are under-employed, putting them and their families at risk of falling under the poverty line. We invested in Windmill because it helps keep children out of poverty by helping parents gain stable employment, which leads to stable housing, food and education for children.\"\n\"When skilled immigrants and refugees are able to find work in Canada that matches their skills, experience and education, their incomes increase substantially and their children are better off,\" said Claudia Hepburn, Chief Executive Officer of Windmill Microlending. \"We're grateful to Intact for their investment in skilled newcomers through Windmill.\"\nIntact's employees are also participating in windmill's mentorship program. They are sharing their valuable experience and expertise with newcomers in several fields, such as law and data science. Through the program, Intact lawyer Victor Cheng is mentoring a lawyer from Zambia.  Read Victor's story HERE.  \...