March 27, 2020
Today, the British Columbia Investment Management Corporation (BCI) contributed $75,000 to the Rapid Relief Fund.
The Rapid Relief Fund was created by the Victoria Foundation along with the Times Colonist and the Jawl family on March 21, 2020, in response to the impacts of the novel coronavirus throughout Greater Victoria. Most BCI employees live on southern Vancouver Island and this donation is one way to show support for our neighbours during the COVID-19 pandemic.
“BCI encourages staff to spend one business day each year to work with a worthy cause of their choice,” said Gordon J. Fyfe, BCI’s chief executive officer / chief investment officer. “As our employees are working remotely, practising physical distancing, and are unable to contribute their time, BCI’s donation allows us to fulfill our obligation to our community during this time of greatest need.”
BCI’s employees have also individually contributed to The Rapid Relief Fund, and in recognition of their generosity, the executive management team has donated an additional $50,000 of their own funds.
BCI understands this is a difficult time for many in our community and the measures put in place to prevent the spread of the novel coronavirus are having a widespread impact on daily lives, jobs and businesses. Whether through donations or other acts of generosity, big or small, BCI and our employees believe we have a responsibility and duty to help in any way we can.
With $153.4 billion of managed assets, British Columbia Investment Management Corporation (BCI) is a leading provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.