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Canadian Imperial Bank of Commerce (CIBC)
Symbol CM
Shares Issued 940,143,656
Close 2025-06-25 C$ 96.35
Market Cap C$ 90,582,841,256
Recent Sedar Documents

Globe says CIBC, others partnering with FINTRAC

2025-06-26 08:01 ET - In the News

The Globe and Mail reports in its Thursday, June 26, edition that Canada's anti-money-laundering agency is intensifying its fight against opioid trafficking by creating a specialized financial intelligence group and supplying an expert to the fentanyl czar's office. The Globe's Alexandra Posadzki writes that a senior official at the Financial Transactions and Reports Analysis Centre of Canada on Wednesday outlined the watchdog's recent initiatives aimed at curbing what she characterized as a "continuing national crisis." FINTRAC's Tina Matos said the agency has created a "rapid production intelligence team" to prioritize sharing actionable financial intelligence related to illicit opioids and organized crime with law enforcement. "This is a real issue that we're seeing in our streets," Ms. Matos said during the Canadian Institute's annual Canadian Forum on Anti-Money Laundering and Financial Crime. FINTRAC has also provided a financial crime expert to help support the efforts of Canada's fentanyl czar, Kevin Brosseau, in tackling the crisis, Ms. Matos said. The partnership is led by the Canadian Imperial Bank of Commerce and includes the RCMP, Canada Border Services Agency and the U.S. Department of Homeland Security.

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