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CM Sep 2024 45.000 put
- Zacks
Canadian Imperial (CM) Signs Deals to Offload US Office Loans
With an aim to lower exposure to U.S. office loans, Canadian Imperial (CM) signs deals with several buyers to offload loans worth $316 million at a discount.
- CNW Group
CIBC donates $100,000 to support communities impacted by wildfires in British Columbia and Alberta
CIBC announced today that it will be donating $50,000 to both the CIBC Foundation British Columbia Emergency Relief Fund and CIBC Foundation Alberta Emergency Relief Fund to provide support to those affected by the wildfires and evacuation efforts in the area. Furthermore, donations received through these funds will be used to provide continued assistance to local organizations to promote relief and restoration efforts in the future.
- CNW Group
Many Canadians' financial strategies overlook investing
Only about half of Canadians (48 per cent) say they're investing money each year according to a new poll from Investor's Edge, the direct investing division of CIBC. A small majority (56 per cent) say they are comfortable investing their own money, a figure which rises to three-quarters (75 per cent) among investors, but only half (51 per cent) consider themselves knowledgeable about investing (68 per cent, among investors).
