MONTRÉAL, July 8, 2013 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today
it is donating $50,000 to the Canadian Red Cross to help relief efforts
following the train explosion in Lac-Mégantic
"We are saddened by the devastation caused by the train explosion," said
Sylvain Vinet, CIBC's Region Head for Québec. "The community needs our
assistance to cope with this tragedy and rebuild the town. We are
joining our clients, employees and others across the country to support
the relief efforts of the Canadian Red Cross in caring for those
impacted and supporting the long term recovery"
CIBC's branches across the country will also be joining in the relief
effort by collecting donations for the Canadian Red Cross.
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 Kids, Cures and
Community, and employee commitment to causes including the Canadian
Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's
Foundation and United Way, we are investing in the social and economic
development of communities across the country. In 2012, CIBC group of
companies contributed more than $38 million to charitable and
non-profit initiatives in Canada to support national, regional and
local organizations. To learn more, visit www.cibc.com.
For further information:
Kevin Dove, Head of External Communications at 416-980-8835, email@example.com.