TORONTO — Frank Stronach, chairman of the board of Magna International, announced this week his company will donate $100,000 to the Canadian Red Cross to provide relief for the victims of the recent earthquake and tsunami catastrophe in South Asia.
“In making this donation, I am conscious that no doubt several of our 80,000 employees in 23 countries have relatives and friends in Indonesia, Sri Lanka, India, Thailand and other nations affected by the tragedy,” Stronach said. “This disaster is truly global in scale. It confirms that nature respects no borders. All of us are affected, and the least we can do, as individuals and companies, is to join hands with others in providing cash to feed and care for the people whose lives have been devastated.”
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