OAKVILLE, ON, Mar 9, 2012, 2012 (Canada NewsWire via COMTEX) --Genworth Financial Mortgage
Insurance Company Canada ("Genworth Canada") is proud to have been
named Oakville's Community Builder of the Year at the 17(th) Oakville Awards for Business Excellence (OABE) gala dinner and awards
ceremony held March 7, 2012.
Organized by the Oakville Chamber of Commerce in partnership with The
Rotary Club of Oakville West, the OABE are dedicated to recognizing
exemplary models of excellence and community service by Oakville's
businesses.
"Oakville is not just a place where we work, but is also home to many of
our employees so it just makes sense that we give back to the Oakville
community," says Winsor Macdonell, Senior Vice-President and General
Counsel at Genworth Canada. "As a company focused on helping Canadians
achieve the dream of homeownership we believe it is important to build
strong communities across the country."
Genworth Canada has a culture that encourages and rewards its employees
for contributing to society. Over the last two years, employees
volunteered almost 7000 hours supporting a variety of good causes in
communities across Canada. In addition, the company also made several
donations to the causes it believes in, and in Oakville these
included:
-- a commitment of $250,000 to the new Oakville Hospital for its
fracture clinic;
-- a $100,000 Platinum Sponsorship of Habitat for Humanity of
Halton's first builds for Oakville families;
-- ongoing financial support for the Town of Oakville's Public
Library Teen's Corner, the Family Day Events and the Spirit
Awards.
"Genworth Canada's generosity and commitment towards our community is
commendable and we hope it inspires other local businesses to help make
the Town of Oakville one of the best places in Canada to live and
work," says Wendy Rinella, Chair, Oakville Chamber of Commerce.
As part of its ongoing commitment to the Oakville Community, Genworth
Canada also recently committed $150,000 to the Wellspring Halton-Peel
Centre to help fund the expansion of its Oakville facility, which will
include a new "Genworth Money Matters" resource centre. Since 2000, the
Wellspring Halton-Peel centre has served as a place of haven and
support for men, women and children coping with cancer in Oakville,
Mississauga and surrounding communities.
To find out more about Wellspring and their current expansion in
Oakville, visit www.wellspring.ca.
About Genworth Canada:
Genworth Canada is the brand name of Genworth Financial Mortgage
Insurance Company Canada, a subsidiary of Genworth MI Canada Inc.
(TSX:MIC), and has been the leading Canadian private residential
mortgage insurer since 1995. Known as "The Homeownership Company," it
provides default mortgage insurance to Canadian residential mortgage
lenders that enables low down payment borrowers to own a home more
affordably and stay in their homes during difficult financial times.
Genworth Canada combines technological and service excellence with risk
management expertise to deliver innovation to the mortgage marketplace.
As of December 31, 2011, Genworth Canada had $5.4 billion in total
assets and $2.7 billion in shareholders' equity. Based in Oakville,
Ontario, the Company employs approximately 265 people across Canada.
Additional information about Genworth Canada is available at www.genworth.ca.
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SOURCE: Genworth Financial Canada
SOURCE: Genworth MI Canada
For additional information or to arrange interviews, please contact: Lisa Azzuolo
Genworth Canada Director, Communications 905.287.5520 or Lisa.Azzuolo@genworth.com