CIBC announces $10,000 contribution to assist New Brunswick flood victims

NEW BRUNSWICK, Dec. 20 /CNW/ - CIBC announced today a $10,000 donation to the Canadian Red Cross to support its work assisting flood victims in New Brunswick.

"We recognize that heavy rains have affected many residents of southwestern New Brunswick and the Fredericton area," said Sylvain Vinet, Senior Vice-President, CIBC Retail Markets in Eastern Canada.  "We hope that this donation, combined with others, will help the hundreds of people forced from their homes by the severe flooding."

CIBC is committed to supporting causes that matter to our clients, employees and our communities.  We aim to make a difference in communities through corporate donations, sponsorships and the volunteer spirit of employees. With a strategic focus on youth, education and health, and employee commitment to causes including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation, United Way and Prostate Cancer Canada, we are investing in the social and economic development of communities across the country. In 2010, $33.7 million was contributed through the CIBC group of companies to charitable and non-profit initiatives in Canada, supporting a wide variety of national, regional and local organizations. To learn more, visit www.communitymatters.cibc.com.

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For further information:

Kevin Dove, CIBC Communications and Public Affairs at [phone], [email protected]