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ANNUAL REPORT 2013/14


Junior Achievement of Canada Canada’s largest youth business education organization.


In This Annual Report 5 6 7 8

Junior Achievement of Canada President’s Report Message from the Chair 2013/14: A Year in Review

10 Junior Achievement in Canada 13 Our Charters 14 Local Impact 20 Our Programs 21 21st Century Learning 22 Updates & Initiatives 24 Our Students 25 Awards & Scholarships 32 Next Generation Leaders Forum 2013 34 Our Supporters 35 Partners in the Community 38 Giving Our Thanks 40 Our Volunteers 41 National Leadership Award 42 43 44 47

Canadian Business Hall of Fame Recognizing Success 2014 Class of Companions Selection Committee

48 Financials 49 Our Funding Model 50 JA Canada Financials* 52 JA Canada Foundation Financials 54 Board of Directors 56 Our Executive Team


Our Mission To inspire and prepare young people to succeed in a global economy.


Junior Achievement of Canada Junior Achievement of Canada is Canada’s largest youth business education organization, with a national office based in Toronto and 17 Charters serving students from coast to coast. We are proud to be part of JA Worldwide, one of the largest global NGOs with a network of over 120 countries around the world. The JA global network is powered by over 400,000 volunteers and mentors who reach 10 million students. To achieve our mission in Canada we work in partnership with educators, volunteers and businesses to educate students about financial literacy, work readiness and entrepreneurship. Junior Achievement programs are delivered by dedicated volunteers from communities and businesses across Canada. They bring their professional experiences into the classroom to help students connect program concepts with real-life situations. As a registered charity we are funded by our generous donors, who provide us with the critical funding needed to develop and deliver our programs, train our volunteers and offer scholarships to Canada’s future leaders. With their continuing support, we plan to expand our programs to reach one million Canadian students per year. For more information, visit www.jacanada.org.

FOUNDED IN

1955

17

CHARTERS

4.5M STUDENTS REACHED

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President’s Report Over the past year Junior Achievement has continued to make a significant difference in the lives of youth across Canada. Through the hard work and dedication of our volunteers and employees, our students are highly engaged in developing the skills, knowledge and attitudes needed for their future success in our global economy. In the 2014 academic year we were proud to launch four innovative programs: Be Entrepreneurial, Success Skills, More than Money and Investment Strategies Program (ISP) Virtual. We also completed the development plan to update three of our key programs: Dollars with Sense, Economics for Success and Our Business World. In addition, in order to ensure that we are continuing to evolve and attract new participants a project team has been created to modernize our flagship Company Program. In May 2014, at the Canadian Business Hall of Fame Gala Dinner and Induction Ceremony we celebrated the remarkable achievements of three of Canada’s most distinguished business leaders—Peter M. Brown, Emanuele (Lino) Saputo and Donald J. Smith. We are extremely grateful to the Canadian Business Hall of Fame for their ongoing support. In closing, I want to extend my appreciation to all volunteers, boards of educations and educators, donors and mentors, staff and stakeholders, and to the students who invite us in to their lives allowing us to engage them in their learning and personal growth. Sincerely,

Keith Publicover President & CEO, Junior Achievement of Canada

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Message from the Chair For more than 50 years Junior Achievement has empowered Canadian youth by teaching them the critical skills necessary for a productive and successful life: financial literacy, entrepreneurship and workforce readiness. As I near the end my term as Chair, JA Canada I am confident that our mission is more relevant and important than ever. Canadian youth face an increasing number of challenges as they try to establish and secure their futures. Despite a greater percentage of youth continuing their education beyond high school the youth unemployment rate is double that of the overall population and the proportion of youth employed in lower skilled occupations remained unchanged between 1990 and 2011. In addition, Canadian debt levels are at an all time high with a study by the JumpStart Coalition for Financial Literacy revealing that only 26% of 13-21-year-olds surveyed reported their parents had taught them how to manage money. I am very proud of JA’s long-standing commitment and proven success ensuring that young Canadians are prepared to succeed in a global economy. A study conducted by the Boston Consulting Group in Canada showed that our student Achievers are better prepared for the workforce, resulting in their getting ahead faster and providing better results for their employers. They also earn 50% more, on average, than those who do not benefit from Junior Achievement programs while saving more, borrowing less, and doing better financially than the average Canadian. The outstanding life-long outcomes that we see for our students speaks to the consistently high quality of JA programming and the incredible benefit of connecting students with members of the business community. The future is bright as JA works to expand the number of students that we reach. Thank you to all of our donors, volunteers and educators for your continued support of JA and your commitment to developing Canada’s next generation of leaders. Sincerely,

Neil Harrison Chair, Junior Achievement of Canada Board

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2013/14: A Year in Review

“

I was looking for an activity that would challenge me to improve who I am as a student, leader and person. My experience was incredible, as it brought me to discover and develop my potential. CHRISTOPHER LU 2014 Deloitte Inspiration Award Winner

Next Generation Leaders (NGL) Forum delegates and ambassador. (Aug. 2013)

NGL delegates and JA Canada alumnus, Bruce Poon Tip. (Aug. 2013)

Peter Mansbridge and Deloitte Inspiration Award Winners. (May 2014)

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Volunteer Achievers. (May 2014)

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2013/14: A Year in Review Highlights Organization

• Contributed over $783,000 in support of our Charters • Became a member of Imagine Canada

Programs

• 9,145 programs delivered • 3 core programs updates initiated: Economics for Success, Dollars with Sense and Our Business World

• Launched 4 new programs Students

• 230,000 students reached • $40,000 granted in national awards and scholarships

Philanthropy

• Raised over $1M in support of JA in Canada • Over 1,300 corporate volunteers delivered over 800 programs

Volunteers

• 13,000 volunteers who gave over 183,000 hours of their time • New resource portal launched

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JUNIOR ACHIEVEMENT IN CANADA

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Building Confidence

More than 80% of Achievers indicated that JA had a positive effect on their communication, decision-making and interpersonal skills. The Boston Consulting Group (2011 report)


Our Charters Alberta NORTHERN ALBERTA & NORTHWEST TERRITORIES Edmonton, AB 1-877-626-7666 jpanteluk@janorthalberta.org SOUTHERN ALBERTA Calgary, AB 403-237-5252 info@jasouthalberta.org

British Columbia  ancouver, BC V 604-688-3887 info@jabc.org

Manitoba  innipeg, MB W 204-956-6088 sangers@jamanitoba.org

New Brunswick  redericton, NB F 506-455-6552 jafrednb@nb.aibn.com

Newfoundland & Labrador  t. John’s, NL S 709-753-9533 info@janl.org

Nova Scotia  alifax, NS H 902-454-4564 info@janovascotia.org

Ontario CENTRAL ONTARIO Toronto, ON 416-360-5252 info@jacentralontario.org

GUELPH-WELLINGTON Guelph, ON 519-835-1140 info@jaguelphwellington.org LONDON & DISTRICT London, ON 1-877-229-9925 info@jalondon.org OTTAWA Ottawa, ON www.onfe-rope.ca/programs/ junior-achievement PETERBOROUGH, LAKELAND, MUSKOKA Peterborough, ON 705-874-6960

National Office  Eva Road, Suite 218 1 Toronto, ON M9C 4Z5 1-800-265-0699 www.jacanada.org

SOUTH WESTERN ONTARIO Chatham, ON 519-352-0151 info@jaswont.org WATERLOO REGION Kitchener, ON 519-576-6610 admin@jawaterlooregion.org

Prince Edward Island  harlottetown, PEI C 902-892-6066 bferguson@japei.org

Quebec  ontreal, QC M 514-285-8944 info@jeq.org

Saskatchewan  askatoon, SK S 306-955-5267 info@jasask.org

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Local Impact TRANSFORMATIVE EXPERIENCE

Junior Achievement of British Columbia

It changed my life. It saved my life. If that volunteer hadn’t walked into my class, I can’t imagine where my life would have ended up.

KEVIN ROYES Founder, Soulcial-Preneurs Club

No one could blame Kevin Royes for feeling alone and disregarded by the world. Left by his father at a young age, and with his older brothers alternating between jail and group homes after the hospitalization of their mother, young Kevin was in front of a judge three times by the age of eight. He was finally taken away from his mother at the age of nine and sent to a foster home. Lacking a sense of direction or role model, Kevin was left to navigate a life of petty crime and loneliness. At the age of 16, however, his life began to change when Kevin met an adult volunteer in his high school marketing class who spoke to the students about Junior Achievement. Initially skeptical, Kevin’s interest began to grow as he learned more about the characteristics of an entrepreneur. Recognizing those same qualities within himself, Kevin quickly became inspired and empowered as he participated in a studentled business enterprise. “Right away I was hooked,” said Kevin. “I was inspired for the first time in my life and my marks took off. Within months I was on my school’s honour roll and shortly after I started my first little entrepreneurial enterprise.”

Kevin is currently involved with TEDxVancouver, CBC Dragon’s Den and Hootsuite.

He is also the founder of The Soulcial-Preneurs Club and shares his experiences with students around Greater Vancouver.

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By the age of 18, Kevin’s path was set as he started a fencing and deckbuilding business. By age 21, Kevin’s business interests grew to include a snow-boarding invention and by the age of 25, he employed more than 30 employees and owned a factory of his own. Kevin’s creativity expanded and he invented the Kelvin 23—a multi-purpose, all-in-one hand tool which became wildly popular and took Kevin to his next lifetime milestone, an appearance on the hit reality show, Dragon’s Den, where he recorded one of the most unique episodes in the show’s history. Pitching his invention to the show’s panel was nerve-wracking but rewarding. As Kevin says, “It was the most incredible experience… one that left me in tears.” Soon after his TV appearance, Kevin landed his tool invention in Home Depot, Canadian Tire and the pages of the Oprah Magazine before inking a lucrative licensing deal with a Toronto marketing firm.


Local Impact CORPORATE MENTORSHIP Junior Achievement of Central Ontario Kevin Johnston is a long-time volunteer and champion of Junior Achievement of Central Ontario (JACO). Kevin, an Account Executive at Salesforce encouraged JACO to present to the Salesforce Foundation for funding and program delivery volunteers. In 2012 Salesforce committed to funding $20,000 and recruited 40 volunteers to deliver programs. Year over year they have increased their impact on students in Central Ontario and in November 2014 the numbers increased once more with Salesforce committing to $85,000 in funding and 180 volunteers recruited to deliver 95 programs in one day — that’s 2,634 students! Kevin says, “Having volunteered in many classrooms I can attest to the impact these unique programs have on students. Our team is dedicated to educating youth on financial literacy which will benefit us all in the future. This is the legacy we will collectively be leaving behind.” Kevin also introduced Junior Achievement to Salesforce in the United States and they are now a partner of JA USA. Kevin is a true champion who actively engages others to help achieve the JA mission.

Our team is dedicated to educating youth on financial literacy which will benefit us all in the future. This is the legacy we will collectively be leaving behind.

KEVIN JOHNSTON Account Executive, Salesforce

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Local Impact GLOBAL REACH Junior Achievement of Northern Alberta Twisted Paws is a JA company from Northern Alberta. They create durable, colourful, and eco-friendly pet toys. After winning Canadian Company of the Year, they were selected to represent the Americas region in the Company of the Year Competition (COY) in Quito, Ecuador. President Paris Morin, VP of Finance, Alison Bachand-Lapointe, VP of Production Chantal Yoon, and Christian Prefontaine were chosen as the representatives for the trip. They were all very excited and honoured to be selected for this opportunity. In their words, “The first day in Quito, we started the competition off with a rehearsal of our presentation and some icebreaker activities with the other competitors. We met many people that day and friendships were beginning to form. The next day, the competition really began. We presented our company to a panel of nine judges and spent the rest of the day at the trade show. It was right on the street, which was challenging with our basic Spanish skills. We learned how to say ‘juguetes para mascotas’ (pet toys), which helped us greatly! We also got the chance to see the products from the other companies, they were all very intriguing! The next morning we had interviews about our own individual experiences in the company. This part of the competition allowed us to distinguish ourselves. The day concluded with a city tour and a gala dinner where the winners were announced. While we may not have won the COY competition, it was an unforgettable and amazing experience. We made lifelong friends and incredible memories. COY holds a special place in our hearts, and a few hundred words are not enough to express it all. It is a remarkable opportunity that will allow us to become better leaders and entrepreneurs.”

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Local Impact COMMUNITY IMPACT Junior Achievement of Nova Scotia The LaHave River Credit Union has a very strong focus on community and the primary volunteer focus for the organization is on Junior Achievement. They deliver almost every program offered in the area and sponsor both Company Program and the Pitch-It event. According to Patrick Henry, Marketing/IT Coordinator LaHave River Credit Union, “I consider myself very lucky to get out into the community and deliver Junior Achievement programs to students. Working with the achievers of Company Program has provided me with a rewarding experience. Watching young people learn and grow as they work to build successful companies has been an amazing adventure for the past three years. This year in particular has been a real treat, our company is taking it to the next level — tackling a knowledge based project designed to help secure the future of rural Nova Scotia. Working with local, regional and provincial organizations, students are learning how to network, develop partnerships and negotiate large business investments. It is truly an honour to see them experience the real world of business, which only JA offers.”

PATRICK HENRY Marketing/IT Coordinator, LaHave River Credit Union

One school in the area that is very grateful for the support of LaHave is Bridgewater Junior Senior High School. In the words of Julie Lohnes, School Counsellor at Bridgewater, “The students and staff feel fortunate to have the dedicated volunteers of LaHave River Credit Union. Each year, they facilitate JA’s Economics for Success program to grade 9 students. The volunteers engage our students in an active learning process, which provides valuable life lessons. They acquire the knowledge, attitudes and skills for adopting long-term goals and a successful career. Teachers promote this every day, however students respond effectively when they hear this message from community members and business leaders.”

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Entrepreneurial Economy JA Alumni are 50% more likely to open their own business. The Boston Consulting Group (2011 report)


Local Impact STUDENT VENTURES Junior Achievement of Saskatchewan Hands-on learning is engaging, and students at Yorkton Regional High School in Yorkton, Saskatchewan embrace their Junior Achievement companies with enthusiasm and determination. During 2013-14, students in Valerie Gendreau’s Entrepreneurship 30 class created two JA companies, Homestyle Hockey and String Theory. Hockey players recognized that broken hockey sticks that have lost their purpose on the ice and represent an environmental issue can be repurposed into beautiful furniture and other catchy products such as picture frames, tables, coat racks, and chairs. Homestyle Hockey was born! Another group of students turned string into beautiful lanterns and decorative orbs, resulting in the company, String Theory. Ms. Gendreau fosters an environment of collaboration and mentorship, and her students have ready access to the expertise that only business professionals, through the local Chamber of Commerce, can provide. Students were invited to present at Chamber of Commerce meetings; set up exhibitor booths at the annual fall show, Harvest Showdown; and marketed their products throughout Yorkton and area. The community supported both classroom ventures, and the students, in turn, supported their community by donating a portion of their profits to local charities. In the words of Nikera Toma, Assistant Vice-President of Marketing and Sales for String Theory, “You learn real-world skills because these can be transferable to anything you want to do. You also learn to make something out of absolutely nothing because we started with nothing at all and now we’re a business.”1

19 Source: www.yorktonthisweek.com/article/20131204/YORKTON0101/131209888/-1/ YORKTON/class-teaches-real-world-lessons-with-a-lot-of-fun 1

ANNUAL REPORT 2013/14


nd Teachers,

EXPERIENTIAL LEARNING OUR PROGRAMS Junior Achievement programs inspire students to understand their potential, set life goals and succeed at school and in business.

9,145 programs delivered $ Guide

Teac eers and for Volunt

$

hers

Sessions 1–6

Dollars with Sense

3 core program updates initiated $

$

B


21st Century Learning

During the 2013/14 fiscal year, JA Canada and its Charters collaborated on a number of program development projects and local initiatives in order to ensure relevant and engaging programming. Work commenced on a new digital strategy in order to continue to offer engaging programs to students. Three of Junior Achievement’s key programs began an update process and four new programs were launched.

Our Programs For a complete listing of programs offered by JA Canada and regional availability, please visit jacanada.org/programs.

In addition, several local initiatives have begun with the intent to reach a greater number and diversity of students in their regions.

Digital Strategy The demand for technologically-savvy workers in the Canadian economy continues to grow exponentially. As a result, providing students with the ability to understand how to effectively leverage new learning and collaboration tools is more critical than ever to prepare them for today’s work environment. Junior Achievement of Canada has the opportunity to be a model for the effective use of digital learning tools to augment the project-based, community-of-inquiry programs that have served students’ business development interests for decades. The aim of the new JA digital strategy is to enhance and maximize the impact of the volunteer contribution by increasing the number of ways students and the community as a whole can connect, interact, and discover. The involvement in an online learning experience can take place asynchronously, it allows for participation from the students and the volunteer instructor to occur more frequently and conveniently.

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Updates & Initiatives

Program Development Over the course of 2013/14 fiscal year, four new Junior Achievement of Canada programs were launched in order to keep pace with the needs and interests of students.

Junior Achievement

Be Entrepreneurial PROGRAM GUIDE FOR

EERS TEACHERS AND VOLUNT

With the generosity of partners, Accenture and Business Development Bank of Canada, the development and soft launch of the English versions of Success Skills and Be Entrepreneurial was completed in the Spring of 2014 with French translations to be launched during the 2014/15 fiscal year. Success Skills is an interactive work readiness program targeted at high school students. It teaches students to identify and explain the need for workplace skills — communication, collaboration, problem solving and life-long learning. Be Entrepreneurial also targets high school students providing them with engaging and enriching content to assist in envisioning and building upon their own ideas and writing a business plan.

Teachers Guide for Volunteers and

ssions 1–6

JUNIOR ACHIEVEME

NT

SUCCESS SKILLS

PROGRAM GUIDE FOR ERS TEACHER S AND VOLUNTE

In addition, JA launched More than Money, a new financial literacy program for elementary students to help instill good financial habits at an early age. More than Money teaches students about earning, spending, sharing and saving money.

Program Renewal To continue engaging students in exciting ways, three of the JA Canada core programs, Dollars with Sense, Economics for Success, and Our Business World, were selected to be updated. The process of determining a development path and engaging consultants was completed by fiscal year’s end.

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Updates & Initiatives

Investment Strategies Access to our new Investment Strategies Program (ISP) was made available to all JA Charters in Canada. This program offers Grade 8-12 students the opportunity to explore the ways in which people save and invest for their future through classroom lessons and an online stock market simulation.

Entrepreneurial Artists Working in conjunction with the Southern Alberta office and the Calgary Board of Education, a pilot of a new program called JA Entrepreneurial Artist was developed with the aim to provide financial literacy and entrepreneurial skills to students interested in fine and performing arts. The program blends face-to-face and distributed learning using a Leaning Management System (LMS), and is designed to be collaboratively facilitated by teachers and volunteers in the arts community. Students who complete the program finish with a business plan and video they can use to help make their business dream a reality.

“

We have to help students grow their imaginations, think in a digital space, network with other students, and have opportunities to connect and create.

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STEPHEN LIPPA Vice President, Education & Digital Strategy, Junior Achievement of Canada

Aboriginal Youth Junior Achievement of Southern Alberta in collaboration with The Future Aboriginal Business Leaders Symposium (FABLS) is working on a new initiative to adapt existing JA programs to suit the needs of students in the local Aboriginal community. Several middle school programs, as well as Company Program, are being modified with the objective of potentially using these materials as a starting point for Canada-wide Aboriginal-focused JA curriculum.

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CHANGING LIVES OUR STUDENTS Junior Achievement transforms students by giving them the knowledge and confidence they need to succeed in school, business and life.

230,000 students reached

1.5 MILLION student classroom hours

$40,000 in national awards & scholarships


Awards & Scholarships

They’re entrepreneurs, volunteers, active in their communities and they are still high school students. Before they’ve graduated, these exceptional Achievers have already built impressive resumes. Each year, Junior Achievement recognizes their hard-work and effort through a variety of special awards and scholarships. Read about the 2014 winners on the following pages.

Congratulations to all winners. For a complete listing of the awards and scholarships offered by JA Canada, please visit jacanada.org/awards.

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Awards & Scholarships PETER MANSBRIDGE AWARDS As Chief Correspondent at CBC News, Peter Mansbridge has enjoyed a decorated career, receiving many awards for excellence in broadcast journalism. As a longtime supporter of Junior Achievement, his ongoing support includes two prestigious national JA awards; The Peter Mansbridge Youth Leadership Award and the Peter Mansbridge Positive Change Award.

Read about the exceptional winners of the 2014 awards.

I am amazed and inspired by the depth of commitment of the recipients to building businesses that make a positive impact on their communities. It gives me great confidence in Canada’s future to know that these individuals will be Canada’s next generation of leaders.

PETER MANSBRIDGE Chief Correspondent, CBC News

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POSITIVE CHANGE AWARD Awarded to a student who has demonstrated achievement and commitment to use their voice to make a positive change for their community, world and future generations.

Hannah Northgraves — Tillsonburg, ON Hannah already knows you can do well and do good. The grade 12 honours student at Glendale High School in Tillsonburg, Ontario was VP of Marketing for her successful Junior Achievement company. A $10 share returned the shareholders $92.17, and the company generously donated some of its proceeds to cancer research. Hannah says her experience in Junior Achievement has taught her many aspects of business, leadership and teamwork. She enjoys dancing, swimming and travel, and spent the 2012-2013 school year in Venezuela as a Rotary Youth Exchange student.


Awards & Scholarships

Hannah Northgraves

Hannah and Vivien at the 2014 Canadian Business Hall of Fame Gala Dinner & Induction Ceremony.

Vivien Varga

YOUTH LEADERSHIP AWARD Awarded in recognition of personal accomplishments and involvement of an Achiever who has exemplified the values and attributes of successful business and community leaders.

Vivien Varga — Saskatoon, SK Vivien, born in Edmonton, is finishing grade 12 at Holy Cross High School in Saskatoon. She describes herself as an avid reader, curious, and having an “expansive” outlook on life. For the past three years, Vivien has been involved in the Junior Achievement Company Program, holding the positions of VP of Information Technology, VP of Production and President. Beyond Junior Achievement and her school studies, Vivien balances her time volunteering and working for the University of Saskatchewan aquatics team. This lifeguard and Red Cross swimming instructor is already making waves. She says all her experiences have refined her leadership abilities, defining her as an adaptable team player and effective communicator. Her goal: “Always strive to be the best that I can be.”

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Awards & Scholarships DELOITTE INSPIRATION AWARDS’ WINNERS

Deloitte is honoured to recognize the achievements of these outstanding young Canadians. Individually and collectively, they exemplify the leadership qualities that will have a profound impact on the economic and social prosperity of our great country.

FRANK VETTESE Managing Partner and Chief Executive, Deloitte Canada

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A long-time supporter of the Junior Achievement awards and scholarships program, the Deloitte Inspiration Awards are given to students who have demonstrated thoughtful perspectives and the attributes required to succeed in the workforce.

Jotham Chow — Vancouver, BC Jotham is quickly developing a global outlook. He attends Stratford Hall in Vancouver as a grade 11 International Baccalaureate student. Among his activities, Jotham is currently the Undersecretary General of Marketing for a Model United Nations conference, and Chief Operating Officer for the SDC Blue Ribbon Foundation (SDC helps improve the lives of children with disabilities). He first took part in Junior Achievement in grade 10, and has since become a Junior Achievement Ambassador and attended the Next Generation Leaders Forum. His other diverse interests include piano, fencing and playing Ultimate Frisbee.

Kaela Fraser — Halifax, NS As an avid baker and budding scientist, Kaela knows the importance of experimenting. Her wide experiences are giving her the ingredients to succeed. Kaela lives in Halifax, and is a grade 10 student at Sir John A. MacDonald High School. This was her first year in the Junior Achievement program, where she was a member of the Alpine Adventures Junior Achievement company. Kaela is very involved with her school community, and is a member of the rugby and cross-country teams. She also works part-time in the bakery at the Atlantic Superstore. Her hobbies include reading, baking and horseback riding, and her favourite subjects are English and Science. She plans to study Science in university, and would like to learn more about Neurology.

Christopher Lu — Montreal, QC It’s no surprise that Christopher likes public speaking. He has always been exposed to multiple languages – born in Hong Kong, living in Montreal, moving to China, then back to Canada. He even took Latin


Awards & Scholarships

Jotham Chow

Kaela Fraser

Christopher Lu

Eric Sheppard

at Collège Jean-de-Brébeuf in Montreal. His ease with speaking came in handy when some Junior Achievement classmates were overwhelmed by balancing their academics with their Junior Achievement company. “I delivered motivational speeches before every session,” says Christopher. What drew him to Junior Achievement? “I was looking for an activity that would challenge me to improve who I am as a student, leader and person. My experience was incredible, as it brought me to discover and develop my potential.” His favourite hobbies are fencing, the Model United Nations and Young Democrats, a knowledge-based competition. At school, Christopher loves Math because of the logical reasoning, and Ethics and Religious Culture for the opposite reason: “It throws me out of my comfort zone, and makes me question my beliefs and values in order to become a better person.”

Eric Sheppard — Oakville, ON Eric, a grade 10 student at the Etobicoke School of the Arts in Toronto, is an accomplished musician and composer. He plays double bass with a youth orchestra and as a soloist, and has had his works performed by several chamber ensembles. Eric understands harmony, and also brings it into his life by adding many interests. He is a member of the swim, rugby and track and field teams, and part of the Model United Nations Club. In November 2013, Eric founded Heroes Against Hunger, a business that sells comics and donates profits to the Oakville Fareshare Food Bank. He joined the Junior Achievement Company Program in 2013, and his experience has sparked a genuine interest in business. In his free time, Eric enjoys reading about history and finance.

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Future Leaders

Over 80% of Achievers cite Junior Achievement as important in developing their leadership and problem solving skills. The Boston Consulting Group (2011 report)


Awards & Scholarships

Al Beech Memorial Award Muriel Dupuis — Winnipeg, MB

Evelyn Ruskin JA Corporate Awareness Award Caleb Young — Charlottetown, PEI

Richard Ivey Scholarship for Entrepreneurship Carol Lee — Vancouver, BC

Seymour Schulich Entrepreneurship Scholarship Gaurav Jagota — Pickering, ON

TD Canada Trust Fund Scholarship Stephanie Fitzner — Dartmouth, NS

The skills that I have acquired through Junior Achievement have helped me develop into a more fulfilled and confident individual who is determined to overcome obstacles, and willing to take risks.

CAROL LEE 2014 Award Winner

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Next Generation Leaders Forum 2013 INNOVATION. INSIGHT. INSPIRATION.

126 delegates 10 countries Bahamas & Grand Bahamas Canada Cayman Islands Denmark

In August 2013, delegates from around the world once again came together at St. Mary’s University in Halifax, Nova Scotia for our annual Next Generation Leaders Forum. Each year, the delegates have the opportunity to learn from industry leaders, the academic community and their peers as they tackle a real-world business challenge in the Ultimate Business Challenge. Highlights of this year’s event included: • The trade fair where students have the opportunity to showcase their Company Program products. • Sobeys Day, where delegates and ambassadors alike enjoyed a BBQ lunch and Harbour tour and welcomed Jana Sobey, Employee and Customer Engagement Director for an engaging presentation, all courtesy of Sobeys Inc. • The Ultimate Business Challenge presentations. Thank you to our 2013 sponsors who made the event an experience to remember for our 126 international and national delegates.

Germany Hong Kong

National Sponsor

Jamaica Northern Ireland & Republic of Ireland Norway USA

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Host Sponsor Platinum Sponsor Gold Sponsors

The John and Judy Bragg Family Foundation

Silver Sponsor

The Province of Nova Scotia

Official In-Kind Sponsors Event Supporters

Mouse Renovations Office Interiors Steele Group


“ THE 2013 ULTIMATE BUSINESS CHALLENGE The 2013 Ultimate Business Challenge required delegates to reflect on sustainable communities by developing and presenting solutions to the dilemma facing Yarmouth, Nova Scotia: the closure of its ferry and the resulting impact on local business and economy. The delegates were divided into teams and given the week to develop an innovative solution and an action plan. At the end of the week, each team presented their solution to a panel of academics gathered to select the winning team. The winners of the Ultimate Business Challenge were announced at the closing ceremonies on the last day of the Forum.

When I came into NGL, I thought being a leader you need to be the one on top. But I learned that being a leader, you can be that person that has small input and as long as you make an impact on your group, that makes you a leader on your own. JENNIFER KEO 2013 Delegate

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Congratulations to the 20 delegates of Team Fortitude, the 2013 winner.

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IN THE COMMUNITY OUR SUPPORTERS Your gift gives students a brighter future. On behalf of our Achievers across Canada, we want to thank you for your generous support.

$1.03 MILLION dollars raised

$783,000 distributed to our Charters


Partners in the Community In 2013-14, Junior Achievement of Canada continued to receive tremendous funding support from the corporate community along with several foundations. These investments have allowed us to continue our work on the development of new and relevant education programs as well as prepare existing content for release onto digital platforms in 2015. Special acknowledgment goes to the following partners for their generous and ongoing support of Junior Achievement in Canada.

TD Bank Group The TD Bank Group continues to be an instrumental partner for JA Canada reaching students across the country with the delivery of our Dollars with Sense and Economics for Success programs to middle school students and Company Program to high school students. A dedicated group of almost 1,000 TD volunteers delivered over 600 JA programs in 2013-14 reaching 16,709 students across Canada. The TD Bank Group has also committed additional support towards Junior Achievement’s development of digital program delivery as well as our online volunteer Resource Portal.

Economical Insurance Group Economical Insurance Group made a generous investment to expand the delivery of Junior Achievement’s Economics for Success program across Canada. Through Economics for Success, Junior Achievement inspires youth to explore their career possibilities, learn how to manage their finances and realize their potential. In addition to this generous investment, 144 volunteers from Economical Insurance volunteered their time across the country to deliver over a hundred programs to almost 3,000 students.

Barclay’s Capital Canada Junior Achievement of Canada is thankful for the continued support we receive annually from Barclay’s Capital Canada. Their investment supports the transformation of all our education programs and ensures we deliver on our promise to youth. In 2013, Barclay’s investment allowed us to impact 630 students directly and as our programs undergo a digital transformation, once again Barclay’s Capital Canada has risen to the challenge in support of JA, standing behind our future initiatives with the intention of impacting an even greater number of youth.

16,709 students 633 programs 930 volunteers 2,830 students

105 programs

144 volunteers

35 ANNUAL REPORT 2013/14


Partners in the Community 1,778 students 139 volunteers

GE As one of Junior Achievement’s longest standing partners globally, GE’s national operation continued to support JA Canada across the country in 2013-14 with 139 employees taking time out of their schedules to volunteer in the classroom, delivering Our Business World, Economics for Success, Dollars with Sense and Stronger Together programs to 1,778 students.

The Richardson Foundation Junior Achievement is pleased to announce the support of The Richardson Foundation in the development of the Royden Richardson Virtual School for Volunteers, to be released in 2015. This transformative investment marks Junior Achievement’s entry into digital learning platforms. Royden Richardson was a long time volunteer of Junior Achievement in Manitoba and this legacy gift will provide online web-based learning tools ensuring our volunteers will be successful today and in the years to come.

The Wilson Foundation It is with great pleasure that Junior Achievement of Canada announces the generous multi-year commitment by the Wilson Foundation to fund the development of a Business Ethics Module. This module will be incorporated into the future learning outcomes of all Junior Achievement programs. With this investment, Achievers will gain a greater understanding of the complexity of the decisions that they, as future business leaders, will face.

As part of a global initiative

36 ANNUAL REPORT 2013/14

HSBC In partnership with HSBC, Junior Achievement launched the More than Money program globally, a program that emphasizes social studies content while providing a strong focus on Mathematics and Language Arts, including Media Literacy. Across Canada HSBC volunteers donated their time to teach 390 students a variety of hands-on activities and technological supplements designed to support different learning styles. These Grade 5 students developed a better understanding of the relationship between what they learn at school and their successful participation in a worldwide economy.


Partners in the Community Standard Life Standard Life’s financial support for Junior Achievement allowed us to deliver 53 Dollars with Sense and Economics for Success programs to 1,412 students. These programs provide middle and secondary school students with personal money management skills to help them prepare to financially manage changes in their school, career and life directions. The programs also help students reflect on the advantages of remaining in school to acquire the knowledge, attitudes and skills needed for longterm career success.

1,412 students

53 programs

State Street Thank you to the dozens of State Street employees who continue to select Junior Achievement of Canada as one of their charities of choice with matching contributions made to JA by the corporation. In addition to this initiative we thank the State Street Foundation who continue to support our program development efforts with regular grant contributions.

Deluxe Corporation Among the locations in Canada where the Deluxe Corporation operates, Guelph, Moncton and Peterborough were the recipients of a generous foundation grant to support the delivery of 75 programs that reached 2,188 students in those areas.

2,188 students 75 programs

Looptail — G Adventures Looptail is the extraordinary story of Bruce Poon Tip’s personal adventure — his first-person account of how he honed his entrepreneurial instincts beginning with his Junior Achievement businesses all the way to starting G Adventures, the world’s most successful adventure travel company. In 2014, G Adventures made a commitment to donate proceeds from the sale of Looptail to Junior Achievement Charters in support of Canadian youth.

37 JA Canada apologizes for any errors or omissions. We make every effort to ensure the accuracy of our information. If you find a correction, please contact us at 1-800-265-0699 or lbarnes-roberts@jacanada.org.

ANNUAL REPORT 2013/14


Giving Our Thanks Recognizing every gift is important to us; we are committed to providing the appropriate level of recognition in keeping with individual donor wishes. Thank you to our 2013/14 fiscal donors for their generous support:

Corporations 1537683 Ontario Inc.

Economical Insurance Group

OMERS

ACXSYS Corporation

EllisDon Corporation

Power Corp

Aimia

Empire Company Limited

Royal Bank of Canada

Atlantic Corporation

Fanshawe College

Ryerson University

Audax Corporation

Fraser Institute

Saputo Inc.

Barclays

General Electric

Scotia Bank

Barrick Gold Corporation

Geo. A. Kelson Company Limited

Shaw Communications

Bata Shoe Organization BMO The Boiler Inspection and Insurance Co

Great West Life Harrison Pensa

Boston Pizza

Haywood Securities Inc.

Burgundy Asset Management

Holland College

Business Development Bank of Canada

HSBC

Canaccord Genuity Corp Canadian Dealmakers Association CIBC Cisco Creaghan McConnell Group Ltd. D + H Limited Partnership Deans Knight Capital Management Ltd.

ANNUAL REPORT 2013/14

Goldman Sachs Canada Inc.

Boston Consulting Group

Cadillac Fairview

38

Gold Corp

Hugessen Consulting Institute of Corporate Directors Irving Oil Limited Kebet Holdings Ltd. Kinross Gold Corporation Knightsbridge Human Capital Solutions KPMG LifeLabs Manulife Maple Leaf Foods

Deloitte LLP

McCain Foods

Difference Capital

McGeachy Farms

Dollarama

Menkes

Dundee Kilmer Development LP

Metro Richelieu National Bank of Canada

Sobeys Inc. Sprott Inc. Standard Life State Street Stewart McKelvey Stikeman Elliott Suncor Energy Services Inc Sunlife TD Bank Group TD Waterhouse Teck Resources Limited Telus Teranet Inc Thomas Reuters Corporation Toronto Dealmakers Association TPH The Printing House Trimac Transportation Services Triovest Realty Advisors Inc. United Way University of Western Ontario Wildeboer Dellelce LLP Wilfrid Laurier University Xerox Canada


Giving Our Thanks Foundations The Birks Family Foundation

Jackman Foundation

RBC Foundation

Brookfield Partners Foundation

Kololian Foundation

The Sharp Foundation

The Latremoille Foundation

The Sixty Three Foundation

The Mariano Elia Foundation

The Wilson Foundation

The McLean McCuaig Foundation

The Windward Foundation

Deluxe Foundation Canadian Online Giving Foundation

MyTributeGift Foundation

Toronto Community Foundation

Bata, Sonja

Grove, Robt J.

Merchant, Tammy

Benidickson, Jaimie

Harris, Kelly

Mitchell, Louise & Donald

Bishop, Claudia

Harrison, Neil

O’Neill, Thomas C.

Bragg, J.

Hewat, Tim

Publicover, Keith D.

Brinkman, Lloyd

Humphrey Funeral Home

Richardson, Joan

Brown, David G.

Hutton, Kathleen

Ritchie, Cedric E.

Castle, M.

Isaac, Murray Carol

Smith, Joan

Chisholm, Robert J.

Issett, Barb

Spooner, Emily

Clark, Robert J.

Jackson, Jamieson

Soare, Georges

Dane, Kevin

Kennedy, Bern.

Sobey, David F.

De Grandpre, Jean

Kolodziejski, Lisa

Starritt, Denise

Drader, C.

Kowanetz, Maurice

Thompson, Evan

Farewell, Elgin

Leeuwen, John van

Travers, Barry

Fixter, Kristina

Levy, Sheldon

Tutsch, Thomas A.

Fraser, John Gordon

Madon, Cyrus

Weber, Chris

Fraser, Robert

Manchon, Augustin

Weston, W. Galen

Gilmac Partnership

Mansbridge, Peter

Wilson, Lynton R.

Greenberg, Ian & Linda

Martin, Peter W. L.

Wintermans, Jos

David & Faye Sobey Foundation

Individuals

In-Kind Supporters Bell Aliant

Fairmont Hotels & Resorts

Microsoft Canada

Birks and Mayors Inc.

Fun-Raiser Inc.

St. Mary’s University

BMO Financial Group

The Globe and Mail

TPH The Printing House

Chateau des Charmes

McDonald’s Restaurants of Canada

Wintermans, Jos

Enterprise Rent-a-Car

JA Canada apologizes for any errors or omissions in these lists. We make every effort to recognize all supporters and ensure the accuracy of our information. If you find a correction, please contact us at 1-800-265-0699 or lbarnes-roberts@jacanada.org.

39 ANNUAL REPORT 2013/14


DEDICATED MENTORS OUR VOLUNTEERS Dedicated volunteers are at the core of Junior Achievement’s impact on Canadian youth. They come together to educate and inspire students to achieve their highest potential.

13,000 volunteers

183,000 volunteer hours


National Leadership Award

H.E. MISKIMAN NATIONAL LEADERSHIP AWARD The H.E. Miskiman National Leadership Award is inspired by H.E. Miskiman who was an active volunteer and Junior Achievement of Canada Board Member. The award honours volunteers who advance the goals of Junior Achievement both locally and nationally. We are pleased to announce Tim Manning and Gloria Murphy as the recipients of the 2013 H.E. Miskiman National Leadership Award.

Tim Manning As a board member of Junior Achievement of British Columbia, Tim has played a substantial role in helping the organization extend its reach to students throughout the province. As Regional Vice President, Commercial Financial Services, British Columbia at Royal Bank of Canada, Tim has been involved with Junior Achievement and provided extraordinary guidance, mentorship and leadership. For over 12 years, with a commitment to ensuring world-class support for students, Tim’s leadership helped Junior Achievement of British Columbia increase program delivery, integrate technology and create online training tools, develop new partnerships and improve volunteer recruitment.

Gloria Murphy For over 20 years, Gloria’s devotion to JA New Brunswick has seen the Charter grow with her guidance and direction. Under her leadership as a member of the Board of Directors, JA New Brunswick has increased student reach year over year. She has been instrumental in province-wide volunteer recruitment each program year to support an overwhelming demand for in-school programs as well as the Company Program, with which she is also an advisor. A true champion of JA, she demonstrates commitment, energy and a strong desire to make a difference. Her work with young people, volunteers and board members, has provided JA New Brunswick with a lasting contribution that will continue to enrich the lives of children and volunteers across the province.

Tim and Gloria are truly deserving of the H.E. Miskiman National Leadership Award for their dedication to preparing our students through the mission of Junior Achievement. For over 12 years, these outstanding leaders have showcased their commitment to improving the lives of young Canadians and have helped Junior Achievement make a life-changing impact on students.

NEIL HARRISON Chair, Junior Achievement of Canada Board

41 ANNUAL REPORT 2013/14


CANADIAN BUSINESS HALL OF FAME “One hundred years from now, it won’t matter how much money you had in the bank or what kind of car you drove. But if you were important in the life of a young person, or in the life of a university, now that will make a difference.” SEYMOUR SCHULICH, 2011 Class of Companions

Peter M. Brown

Founder & Honorary Chairman Canaccord Genuity

Emanuele (Lino) Saputo Chairman of the Board Saputo Inc.

Donald J. Smith (awarded posthumously and accepted by Geoffrey Smith) Founder, Former President & CEO EllisDon


Recognizing Success

Order of the Business Hall of Fame The Canadian Business Hall of Fame and the Order of the Business Hall of Fame recognize and celebrate the lifetime accomplishments of Canada’s most esteemed business leaders. Founded in 1979 by Junior Achievement of Canada, it was created in order to honour inspiring Canadian leaders and provide role models to youth across the country. The annual Canadian Business Hall of Fame Gala Dinner and Induction Ceremony is a national fundraising event in support of Junior Achievement of Canada. We would like to extend a sincere thank you to all of the attendees and sponsors for supporting JA’s mission to inspire Canadian youth.

Junior Achievement of Canada Foundation As custodians of the Canadian Business Hall of Fame, the Junior Achievement of Canada Foundation Board members serve to create a legacy of excellence and leadership and bring together present and future business together. The JA Canada Foundation is responsible for making necessary arrangements for the bestowal of designations and the conferment of insignia, maintaining records for the Order of the Business Hall of Fame and advising the Chancellor. JA Canada Foundation Charitable Registration: 88750 1211 RR001 For more information, visit www.cbhf.ca.

43 ANNUAL REPORT 2013/14


2014 Class of Companions PETER M. BROWN How do you build one of the great Canadian financial services firms? Little steps and big passion, states Peter Brown. “Business isn’t big steps in most cases, it’s little steps, some forward, some back,” he says. “Passion keeps you putting one foot ahead of the other. Passion raises the bar. Most importantly, passion is contagious, creating common goals and teamwork that are necessary for success.” PETER M. BROWN Founder and Honorary Chairman, Canaccord Genuity

Creating the consensus for a common vision, and having people want to succeed and prosper with you. Real leaders shoulder the blame and share the credit and think team.

44 ANNUAL REPORT 2013/14

Born in 1941 in Vancouver, Mr. Brown attended the University of British Columbia. He entered the investment business with Greenshields in 1962. In 1968, he and a partner bought 51% of a small brokerage for $23,000. “We had no capital, no reputation, no distribution. However, we had huge energy, great passion, a healthy entrepreneurial fear of failure and a great culture.” The company focused initially on small to mid-sized resource and junior industrial firms, which larger investment firms often ignored. They grew steadily – little steps – and evolved into Canada’s largest independent investment dealer. Today, Canaccord Genuity has 37 offices worldwide, and a capital markets division operating in 11 countries. Mr. Brown is equally proud of his community involvements. He says his parents weren’t wealthy, “but were very civic-minded, and taught us it was important that we give back.” He is Chairman of the Fraser Institute and the Vancouver Police Foundation, and Vice Chair of the Investment Industry Association of Canada. Mr. Brown is also a member of the Economic Advisory Council to the Federal Minister of Finance. Past service includes the boards of the Vancouver Convention Centre and Vancouver Olympic Committee, Chairman of UBC and the Vancouver Stock Exchange and Vice Chair of Expo 86 among others. How does he define leadership? There’s a command type, which may work for a while. Then there’s his preference: “Creating the consensus for a common vision, and having people want to succeed and prosper with you. Real leaders shoulder the blame and share the credit and think team. My motto could be this quote by Edwin Hall, 1800s Harvard Overseer: Look up, not down Look out, not in Look forward, not back And lend a hand.”


2014 Class of Companions EMANUELE (LINO) SAPUTO For Emanuele (Lino) Saputo, cheese was in his blood. He was born in Italy in 1937, to master cheesemaker Giuseppe Saputo and his wife, Maria. Giuseppe immigrated to Canada in 1950, and the rest of the family followed in 1952. In 1954, Mr. Saputo convinced his father to start his own cheese business in Montreal. They spent $500 to buy basic equipment and a bicycle; Mr. Saputo used it to deliver mozzarella. In 1969, Mr. Saputo succeeded his father as President and Chairman of the company that bore the family name. Adding manufacturing plants, developing its own national distribution network, and making other strategic acquisitions, Saputo Inc. diversified and grew steadily. Today, the company is one of Canada’s largest dairy processors and one of the top cheese producers in North America. Saputo Inc. now has 57 plants in Canada, USA, Argentina, and Australia - and sells their products in over 50 countries. For the company’s 25th anniversary in 1979, Mr. Saputo and his wife Mirella marked the occasion by giving back. They created a charitable foundation that over the years has supported countless organizations related to health, culture and sport. Among Mr. Saputo’s many honours is the Order of Canada (Member). How would son Joey Saputo describe his father? Determined, passionate, humble and honest, someone who felt “you have to roll up your sleeves and lead by example.” In 2004, another son Lino Saputo, Jr. was appointed President and CEO, while Mr. Saputo remained Chairman of the Board. The younger Lino recalls wrapping cheese in the plant at age 13, and occasionally sweeping the warehouse. He says his father’s legacy isn’t just the company he built, or having a third generation in the family business, but the values he instilled. “He has been an incredible mentor. He’s principle-oriented, with a strong value base,” says Lino Saputo, Jr. “I think that guides every decision he takes, whether in the family or in business. That is really his greatest trait.”

EMANUELE (LINO) SAPUTO Chairman of the Board, Saputo Inc.

He’s principleoriented, with a strong value base. I think that guides every decision he takes, whether in the family or in business. That is really his greatest trait.

45 ANNUAL REPORT 2013/14


2014 Class of Companions DONALD J. SMITH After Don Smith passed away in 2013, a newspaper repeated one of the family legends. When he was 10, his mother gave him a projector. He proceeded to clean a room in the basement, invite all the kids over, and charge them a nickel to watch Charlie Chaplin movies.

DONALD J. SMITH Former President and CEO, EllisDon

He was one of the most generous people you could imagine, but he wasn’t just generous with writing cheques. He would get involved with all of the causes.

46 ANNUAL REPORT 2013/14

Mr. Smith was born in 1924 in Alberta, and was in many ways a born entrepreneur. He was raised in Toronto, and moved to London, Ontario in 1949, working in construction. In 1951, he and his brother David Ellis Smith started a company with a single home renovation project. That company, EllisDon, went on to work on schools, universities, health care and office buildings, airports, mining projects and civil works. Today, EllisDon provides construction services globally, and completes over $3 billion in volume annually. Even when the company was well-established, Mr. Smith retained his entrepreneurial spirit. At 61, he bet the company on an unprecedented engineering and construction feat: a fully guaranteed $400 million retractable roof stadium. SkyDome in Toronto was his proudest achievement at EllisDon. He was proud of far more – his family (wife Joan, 7 children, 21 grandchildren, 4 greatgrandchildren), his philanthropy (he gave away millions and raised far more), and his fights against bigotry and unfairness (he was thrilled to receive a Lifetime Achievement Award from the Canadian Council of Christians and Jews). Daughter Lynne Cram says, “He was one of the most generous people you could imagine, but he wasn’t just generous with writing cheques. He would get involved with all of the causes.” Son Geoff, EllisDon’s President and CEO, adds that “I admired his drive, and that he would not compromise his ethics.” That’s even stronger than bricks and mortar, though Geoff says his father “loved the builders, field guys, superintendents and the carpenter foreman. He loved the activity, and the concrete achievement a great building exhibits.”


Selection Committee CHANCELLOR L.R. Wilson, O.C., C.B.H.F.

MEMBERS Thomas C. O’Neill (Chancellor Emeritus)

Chair of the Board, BCE Inc. & Bell Canada Jack Cockwell, C.B.H.F. Group Chairman, Brookfield Richard J. Currie, O.C., C.B.H.F.

Past President, Loblaw Companies Limited Past President, George Weston Limited David Denison Past President & CEO, Canada Pension Plan Investment Board William A. Dimma, C.M., O.Ont.

Chair Emeritus, Home Capital Group Inc.

Anthony S. Fell, O.C., C.B.H.F. Former Chairman, RBC Capital Markets Janice Fukakusa CAO & CFO, RBC

The Hon. John Manley, P.C., O.C.

President & CEO, Canadian Council of Chief Executives

Serge Godin, C.M., O.Q.,

Peter Mansbridge, O.C. Chief Correspondent, CBC News

Founder & Executive Chairman of the Board, CGI Group Inc.

Isabelle Marcoux Chair of the Board, Tanscontinental Inc.

Donna Soble Kaufman Chair, Institute of Corporate Directors

David O’Brien, O.C., C.B.H.F. Chairman of the Board, RBC

Jim Leech President & CEO, Ontario Teachers’ Pension Plan

Courtney Pratt, C.M. Chairman, Toronto Region Research Alliance

C.B.H.F.

Brian Levitt Chairman of the Board, TD Bank Group Co-Chair, Osler

EX-OFFICIO Aliya Ansari National Director, Canadian Business Hall of Fame

Keith Publicover President & CEO, Junior Achievement of Canada

David R. Shaw Founder & CEO, Knightsbridge Human Capital Solutions

47 ANNUAL REPORT 2013/14


YOUR GIFTS AT WORK FINANCIALS “You don’t donate to Junior Achievement—you invest in Canada’s future.” JAMES TUCKER, Principal at the Boston Consulting Group


Our Funding Model Junior Achievement of Canada’s primary responsibilities are: 1) the generation of national fundraising, 2) maintenance of national branding for JA Canada and the JA Canada Foundation, which manages the Canadian Business Hall of Fame; and 3) the research and development of national education programs. Charters are responsible for national program delivery and local fundraising activities to supplement their regional operations. Each Charter office is governed by its local board of directors and ensures the maintenance of its own federal charitable status. All Charters comply with terms and conditions of their local licensing agreement signed with JA Canada. Funds raised are used to support national program development and renewal, volunteer support and outreach, marketing and communications, and local office support. During the fiscal year ending June 30, 2014, JA Canada transferred over $783,000 to its Charters and Alternate Delivery Model (ADM) offices. Financial statements of JA Canada, the JA Canada Foundation and the Charters and ADMs are audited annually by an independent third party. JA Canada audited financial statements can be found online at jacanada.org/annual-reports. We thank all of our supporters across Canada who donate their time, money and expertise to help us educate and support our youth. Your commitment to our mission is what allows us to reach students all across the country.

Foundations

(including JA Canada Foundation)

JA Worldwide

Individuals

Corporations

*These figures do not include the activities of any of the JA Canada Charters.

$3.6 million

JA Canada

Charters and ADMs

49 ANNUAL REPORT 2013/14


JA Canada Financials* Full audited financials can be found online at jacanada.org/annual-reports *These figures do not include the activities of any of the JA Canada Charters.

Contributions

$1,999,609

Development Grants

$845,838

Charter License Fees

$381,981

Youth Development Conference (Next Generation Leaders Forum)

50 ANNUAL REPORT 2013/14

$216,656

Other

$100,433

Investment Return

$43,516

TOTAL REVENUE

$3,588,033


$1,018,111

$997,160

$950,360

Program Delivery

Management and General

Special Events

$247,199

Research and Development

$148,974

IT and Related Infrastructure

$104,762

Marketing and Communications

$50,747

License fee to JA Worldwide

TOTAL EXPENSES

$3,534,535

51 $17,222

Other

ANNUAL REPORT 2013/14


JA Canada Foundation Financials

52 ANNUAL REPORT 2013/14

Sponsors

$964,220

Table Sales

$406,427

Gifts

$337,021

Other Income

$29,772

Donations

$20,164

TOTAL REVENUE

$1,757,604


$1,755,941

Distribution to JA Canada

$1,663

Administration Expenses

TOTAL EXPENSES

$1,757,604

53 ANNUAL REPORT 2013/14


Board of Directors Junior Achievement of Canada

CHAIR

TREASURER

VICE-CHAIR

SECRETARY

Neil Harrison Partner, Financial Services Industry, Assurance & Advisory, Deloitte & Touche LLP

David Dalziel Partner, Financial Services Industry, Assurance & Advisory, Deloitte & Touche LLP

Kevin Dane Chief Operating Officer, Wildeboer Dellelce LLP

Martin Langlois Partner, Stikeman Elliott LLP

Norman L. Attridge Assistant Vice President Small Business Banking, Envision Financial

Brenda Brown Senior Vice President Human Resources, Compass Group Canada

Robert Fernandez Executive Director, AEDA – Alberta Economic Development Authority

David Gordon Managing Partner, Cohn & Wolfe

IMMEDIATE PAST-CHAIR

Louise Mitchell Senior Vice President, Life & Health, TD Insurance

Tim Hewat Partner, Amrop Knightsbridge Executive Search

EX-OFFICIO Dr. Brian McMillan President, Holland College

54 ANNUAL REPORT 2013/14

Roberto Sbrugnera Senior Director, Treasury, Risk & Investor Relations, Metro Inc.

Kim Ulmer Vice President, Small Business, RBC Royal Bank

John Wray Director, National Accounts, Unisync Group Limited

Keith Publicover President & CEO, Junior Achievement of Canada

Bruce Howatt Vice President - PEI, Regional Director NBPEI, Bell Aliant


Board of Directors Junior Achievement of Canada Foundation

CHAIR

TREASURER

Jos Wintermans Chairman, Acxsys Corporation and Chairman, Avensys Inc.

Lynne Clark Senior Partner Financial Services, Deloitte & Touche LLP

Neil Harrison Partner, Financial Services Industry, Assurance & Advisory, Deloitte & Touche LLP

Cyrus Madon Senior Managing Partner, Brookfield Asset Management

Jeffrey J. McCaig Chairman & CEO, Trimac Transportation

David G.A. McLean Chairman, The McLean Group

L. Jacques Ménard, O.C., O.Q.

Chairman, BMO Nesbitt Burns and President, BMO Financial Group, Québec

John Rogers, Q.C. CEO, Stewart McKelvey

EX-OFFICIO David R. Shaw Founder & CEO, Knightsbridge Human Capital Solutions

Thomas A. Tutsch Former CEO, BMO Nesbitt Burns Equity Partners and Former Deputy Chair BMO Nesbitt Burns

Keith Publicover President & CEO, Junior Achievement of Canada

55 ANNUAL REPORT 2013/14


Our Executive Team

Aliya Ansari

National Director Development & Special Events

Stephen Ashworth Senior Vice President Operations & Education

Phil Berube

National Director Philanthropy & Corporate Partnerships

Claudia Bishop CFO (retired)

Kristina Fixter

National Director Marketing & Communications

Maurice Kowanetz National Director Information Technology

Stephen Lippa

National Director Education & Digital Strategy

Paul Magallanes CFO

Keith Publicover President & CEO

Happy Retirement In November 2013, we bid a fond farewell to longtime staff member and JA Canada CFO, Claudia Bishop, who retired after 43 years of dedicated service. During her time with JA, Claudia seamlessly managed meetings, finances, HR, committees, payroll and many other tasks as well as being a trusted resource for the JA staff and Board members. Her extensive time with the organization gave her a perspective and insight into its workings which was highly valued by all who had the pleasure of working with her. She was known and admired for her willingness to assist anyone and her quiet sense of humour.

56 ANNUAL REPORT 2013/14

On behalf of all of the JA Canada staff and Charters, the JA Canada Board, the JA Canada Foundation, our volunteers and Achievers, we wish her all the best in retirement.


57 ANNUAL REPORT 2013/14


www.jacanada.org 1 Eva Road, Suite 218, Toronto, ON M9C 4Z5 1-800-265-0699 Charitable Registration: 10755 4222 RR0002 facebook.com/jachievement twitter.com/ja_canada

Annual Report 2013/14 | JA Canada  
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