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CP raises over $400,000 for homeless veterans at modified annual Spin for a Veteran event

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On December 3, 2020, Canadian Pacific (CP) announced a successful collaboration with Homes for Heroes Foundation during the fourth annual Spin for a Veteran event, held on November 9 and 10. The event exceeded its fundraising goal, raising over $400,000 to aid in constructing affordable housing for homeless veterans, doubling the initial target of $200,000. Over the past four years, CP has contributed more than $1.2 million, leading to the construction of 12 homes since 2016. CP's President and CEO emphasized the company's long-standing commitment to supporting veterans.

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  • Raised over $400,000 for homeless veterans, doubling the initial goal.
  • Total donations exceeding $1.2 million over four years.
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CALGARY, AB, Dec. 3, 2020 /PRNewswire/ - Canadian Pacific (CP) and Homes for Heroes Foundation are proud to have collaborated again for the fourth annual Spin for a Veteran event, with all funds raised going directly towards building affordable housing for homeless veterans. This year's event was held November 9 and 10, and raised over $400,000, double the original goal of $200,000, bringing the total dollars donated from the last four years to over $1.2 million. Each $100,000 raised builds one home, bringing CP's total to 12 homes since 2016.

"CP's support for the military and veterans is long-standing and steadfast," said CP President and CEO Keith Creel. "We consider it a privilege to support veterans and I am humbled to work with the Homes for Heroes Foundation in helping those who have sacrificed so much in serving us. Even with this modified event in the midst of a pandemic, we have raised important funds and awareness of the need to support homeless veterans who are struggling with the transition to civilian life. As a veteran myself, I am beyond proud of what the team accomplished with this year's Spin for a Veteran event."

Seven CP teams participated in the 24-hour spin competition this year, riding a total of 5,382 kilometres, which is almost the equivalent distance from Vancouver to Saint John, New Brunswick. The team comprised of CP's military veterans won the competition, covering 866.8 kilometres, a mere 7.7 kilometres more than the second place team.

"The pandemic has made it challenging for all communities across the country and we commend CP's decision to still organize an event while ensuring safe pandemic protocols," said Dave Howard, Homes for Heroes Foundation, President. "The funds raised will be used to build housing designed to meet individual needs and provide a sense of place and belonging for our military veterans experiencing homelessness across Canada. All of these heroes deserve a home."

Numerous safety protocols were implemented for the event, including having two bikes per team to allow for enough time to properly sanitize bikes in between racers, restricting the number of people per team and per area, maintaining physical distancing and requiring all non-racers to wear a mask.

To watch or download a video profiling the 2020 Spin for a Veteran event, visit https://www.cpr.ca/en/careers/veterans.

About Homes for Heroes
Homes for Heroes Foundation is a registered charity with the goal to build tiny-home villages, around social services in all major cities across Canada to help our military veterans reintegrate back into the community. In order to be successful, Homes for Heroes is looking for further financial support and land donations. To learn more and support Homes for Heroes visit www.h4hf.ca  

About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP.

Cision View original content:http://www.prnewswire.com/news-releases/cp-raises-over-400-000-for-homeless-veterans-at-modified-annual-spin-for-a-veteran-event-301185734.html

SOURCE Canadian Pacific

FAQ

What was the total amount raised at the Spin for a Veteran event by CP?

Canadian Pacific raised over $400,000 at the Spin for a Veteran event.

How much has CP donated to homeless veterans in the last four years?

In the last four years, CP has donated over $1.2 million to support homeless veterans.

What is the purpose of the funds raised by CP for veterans?

The funds raised are used to build affordable housing for homeless veterans.

When was the Spin for a Veteran event held?

The Spin for a Veteran event was held on November 9 and 10, 2020.

How many homes has CP built for veterans since 2016?

Since 2016, CP has built a total of 12 homes for veterans.

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