goeasy Ltd. (TSX: GSY), one of Canada’s leading non-prime consumer
lenders, announced today that it will donate $1.4 million over
three years to BGC Canada’s Food Fund in order to help address the
rising issue of food insecurity amongst Canadian households.
Building on over two decades of partnership with BGC Canada,
goeasy’s ‘Feed their Future’ program will help provide 350,000
meals and snacks to children across the country who attend the BGC
Clubs.
Since 2004, goeasy has donated over $4 million
through a variety of programs designed to support and empower the
children and youth that use the clubs every day by helping them
develop the life skills they need to succeed. In 2014, goeasy
expanded its partnership with BGC Canada through its easybites
program, a 10-year, $2.5 million commitment to remodel 100 kitchens
across the BGC network of clubs nationwide. Last year, goeasy was
thrilled to complete their decade-long commitment with the opening
of its 100th kitchen in Airdrie, Alberta.
The launch of goeasy’s Feed Their Future program
in support of BGC Canada’s Food Fund marks the evolution of this
partnership, as goeasy and BGC Canada find new and impactful ways
to improve the lives of children in their communities.
“goeasy’s generous support ensures that young
people are not held back by the inability to access a fundamental
human need. Partnerships, like the one we have with goeasy, are
essential to BGC Canada's ability to serve communities,” said Owen
Charters, President & CEO of BGC Canada. “We support 150,000
children and youth across Canada, providing nearly six million
healthy meals and snacks a year. goeasy's support will make all the
difference in determining outcomes for these youth, empowering the
next generation, and creating a brighter future.”
As inflation continues to exacerbate widespread
food insecurity, BGC Canada’s work is getting significantly harder.
It now takes nearly $15 million each year to support food-related
costs at BGC Clubs, and reports suggest that more than 1 in 10
Canadian families are now relying on food banks, up 20 per cent
from 2022. The BGC Canada Food Fund provides foundational food
support for clubs by covering the operating costs associated with
food delivery and programming, teaching food literacy and nurturing
community gardening programs and supporting families experiencing
food insecurity.
"After reaching our 100th-kitchen milestone and
fulfilling our 10-year commitment, we collaborated with BGC Canada
to identify new and meaningful ways to create a transformational
impact on the diverse communities that we both serve,” said Andrea
Fiederer, EVP & Chief Marketing Officer, goeasy Ltd. “As
families cope with rising costs, nearly a quarter say they’re
eating less than they should because they’re struggling to afford
food. Our latest, ambitious commitment ensures that more Canadian
youth will have the basic sustenance they need to be successful. We
are extremely proud of what we have accomplished together over the
past twenty years, but know there is still much more work to be
done. We are optimistic that through this newest commitment, we
will continue to be able to have a lasting positive impact on the
lives of today’s youth.”
Learn more about goeasy’s charitable work with
BGC Canada at goeasy.com. For more information on BGC Canada’s Food
Fund, visit bgccan.com.
About BGC Canada
For 120+ years, BGC Canada has been creating
opportunities for millions of Canadian kids and teens. As Canada’s
largest child and youth serving charitable and community services
organization, our Clubs open their doors to young people of all
ages and their families at 635 locations nationwide.
During out-of-school hours in small and large
cities, and rural and Indigenous communities, our trained staff and
volunteers provide programs and services that help young people
realize positive outcomes in self-expression, academics, healthy
living, physical activity, job readiness, mental wellness, social
development, leadership, and more. Opportunity changes everything.
Learn more at bgccan.com and follow us on social media @BGCCAN.
About goeasy
goeasy Ltd. is a Canadian company, headquartered
in Mississauga, Ontario, that provides non-prime leasing and
lending services through its easyhome, easyfinancial and LendCare
brands. Supported by approximately 2,400 employees, the Company
offers a wide variety of financial products and services including
unsecured and secured instalment loans, merchant financing through
a variety of verticals and lease-to-own merchandise. Customers can
transact seamlessly through an omnichannel model that includes
online and mobile platforms, over 400 locations across Canada, and
point-of-sale financing offered in the retail, powersports,
automotive, home improvement and healthcare verticals, through over
9,100 merchant partners across Canada. Throughout the Company’s
history, it has acquired and organically served over 1.3 million
Canadians and originated over $12.1 billion in loans.
Accredited by the Better Business Bureau, goeasy
is the proud recipient of several awards in recognition of its
exceptional culture and continued business growth including
Waterstone Canada’s Most Admired Corporate Cultures, ranking on the
2022 Report on Business Women Lead Here executive gender diversity
benchmark, placing on the Report on Business ranking of Canada’s
Top Growing Companies, ranking on the TSX30, Greater Toronto Top
Employers Award and has been certified as a Great Place to Work®.
The Company is represented by a diverse group of team members from
78 nationalities who believe strongly in giving back to communities
in which it operates. To date, goeasy has raised and donated over
$5.2 million to support its long-standing partnerships with BGC
Canada and many other local charities.
goeasy Ltd.’s. common shares are listed on the
TSX under the trading symbol “GSY”. goeasy is rated BB- with a
stable trend from S&P and Ba3 with a stable trend from
Moody’s.
For more information about goeasy and our
business units, visit www.goeasy.com, www.easyfinancial.com,
www.lendcare.ca, www.easyhome.ca.
Media Contacts:
Andrea FiedererExecutive Vice President & Chief Marketing
Officergoeasy Ltd. AFiederer@goeasy.com 647-796-1112
Holly UnruhSenior Manager, Communications, Marketinggoeasy
Ltd.HUnruh@goeasy.com 647-654-0120
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