Kids-in-need benefit from large CIBC Wood Gundy donation

Barrie investment advisors direct their CIBC Miracle Day™ commissions to support 11 non-profits

BARRIE, ON, June 27, 2016 /CNW/ - CIBC (TSX: CM) (NYSE: CM) -- CIBC Wood Gundy today announced a donation of $60,000 to 11 local charities to help improve the lives of kids-in-need in Barrie from funds raised on CIBC Miracle Day™.

This year, 10 investment advisors in Barrie donated commissions of $60,000 and since 2011, have raised $225,477 to support local organizations that benefit children.

"As a Big Brother myself, I know how important it is to support young people each and every day," said Richard Fenton, Branch Manager & Investment Advisor of the CIBC Wood Gundy Barrie Main Branch. "Thanks to the generosity of our clients and the dedication of our investment advisors, the $60,000 we raised will help children in our community thrive." 

"This heartfelt gift from CIBC Wood Gundy will go a long way in supporting our children's programs at the shelter," says Lisa Spinks-Smith, Development Manager of the Barrie Women and Children's shelter. "CIBC has always been one of our top supporters and this donation will allow us to continue providing quality services for children affected by abuse."

Representatives from the following charities were on hand today to accept the donations:

• Royal Victoria Regional Health Centre's Hearts & Minds Campaign
• Big Brothers Big Sisters of Barrie
• Barrie Women & Children's Shelter
• Gilda's Club
• COPE Service Dogs
• Hockey Helps the Homeless
• Mikey's Place for Autism
• Cystic Fibrosis Canada
• Down Syndrome Association of Simcoe County

About CIBC Miracle Day™
CIBC Miracle Day is the annual flagship fundraising event for the CIBC Children's Foundation. On CIBC Miracle Day, CIBC Wood Gundy Investment Advisors and CIBC Capital Markets employees donate their fees and commissions to organizations that support kids in our communities. Through the efforts of employees and clients $6 million was raised in 2015, for a total of nearly $234 million donated to hundreds of children's charities across the globe since 1984. To learn more, visit www.cibc.com/miracleday.

About CIBC
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units – Retail and Business Banking, Wealth Management and Capital Markets – CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre or by following on Twitter @CIBC, Facebook (www.facebook.com/CIBC) and Instagram @CIBCNow. 

SOURCE Canadian Imperial Bank of Commerce

Olga Petrycki, Director, External Communications, 416-306-9760 or [email protected].