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For Immediate Release
October 19, 2010
Global helps one lucky family tackle the rising cost of education
Going to college and university these days can be expensive. Gone are the days when parents could just fund the cost of education out of pocket.
But one lucky family has reeled in a nice catch by winning an Education Savings Plan (ESP) worth up to $20,000 from Global RESP Corporation (Global), which when registered becomes a Registered Education Savings Plan (RESP).
“Post-secondary education is critical for the future prosperity of Canada and its citizens,” says Mr. Kahlil Ramal, Parliamentary Assistant to the Minister of Citizenship and Immigration. “It’s great that financial firms like Global are helping families save for their children’s future education.”
Every year, Global offers an opportunity to win an RESP worth up to $20,000. The contest receives over five thousand entries from parents across Canada.
Global President and CEO, Sam Bouji, randomly drew the winning name on Friday, October 15, 2010, at Global’s Head Office in Richmond Hill, Ontario.
Global President and CEO Sam Bouji and Global Vice-President Sales and Operations Nevin Sendel
together with Dr. William Danaher draw one lucky winner for the $20,000 RESP prize on Friday, October 15, 2010.
In addition to the draw, Sam Bouji presented Dr. William Danaher, Dean, Faculty of Theology from Huron University at Western a donation of $200,000.
"Through the generosity of Global, many students will have the opportunity to gain the education they need to realize their highest aspirations,” says Danaher.
“This support will make a difference for years to come and we are grateful for the vision, energy, and commitment of Global’s charitable and financial programs.”
York Region’s Mr. Godwin Chan from WARD 6 in Richmond Hill and Mr. Sarkis Assadourian, Candidate for WARD 3 in Richmond Hill also attended the special event.
“Post-secondary education is an investment that will impact their children’s future for a lifetime,” says Sam Bouji, President and CEO. “Global understands that parents don’t want to take unnecessary risks with their children’s future.”
Sam Bouji adds, “Unfortunately, less than half of Canadians take advantage of RESPs and the government grants.”
Projections from the Government of Canada’s CanLearn website show that by the time children born today are ready to go to university, they will pay over
$110,000 to cover four-years of tuition, books, accommodations, meals and other education-related expenses.
Parents interested in learning more about RESPs, the Canada Education Savings Grant, the Canada Learning Bond and other government grant can visit Global’s website at www.globalfinancial.ca, or to enter in the 2011 $20,000 Global Plan Contest Draw.
About Global
Global RESP Corporation is part of the Global family of companies. Global family of companies is a dynamic financial services firm focused on providing Canadians with an array of financial solutions including education savings plans, life and disability insurance, mutual funds, stocks, bonds and other investments.
With offices in Vancouver, Calgary, Toronto, Montreal and Halifax, as well as, affiliate offices across Canada, Global's family of companies include Global Maxfin Investments Inc., Global Maxfin Capital Inc., and Global Insurance Solutions Inc.
For more information about us, please visit our website at www.globalfinancial.ca.
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Global President and CEO Sam Bouji presents a $200,000 cheque to Dr. William Danaher, Dean,
Faculty of Theology from Huron University at Western for scholarships.
Mr. Khalil Ramal, Member of Provincial Parliament speaks about the value of post-secondary education.
For more information, please contact
Chris Genuis
Marketing and Communications
Global Family of Companies
Tel: (416) 741-7377 ext. 3579
Fax: (416) 741-8987
Email: media@globalfinancial.ca
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