FINANCIAL_SERVICESAPPROVED

Resort Municipality of Sun Peaks Awards Financial Services Contract to CIBC (August 2026)

Sun Peaks Mountain Resort Municipality plans to renew its operating line of credit with CIBC, authorizing borrowing of up to $500,000 at prime interest with no additional fees. The facility provides short-term financing capacity to meet operational cash flow needs if required.

Status
APPROVED
Document date
August 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
CIBC
Agency
Resort Municipality of Sun Peaks · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
up to $500,000
Contract type
FINANCIAL_SERVICES
Contract term
Annual borrowing resolution; revolving operating line of credit
Renewal
CIBC requires Council to pass an annual borrowing resolution to maintain the existing operating line of credit of up to $500,000; the credit line remains available on a revolving basis at prime interest with no added fees when undrawn.
Document type
AgendaPacket
Source document
Sun Peaks Mountain Resort Municipality Regular Council Meeting Agenda Packet 2026-08-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Resort Municipality of Sun Peaks?

CIBC was awarded this financial services contract by Resort Municipality of Sun Peaks, as recorded on August 8, 2026. The contract value is up to $500,000.

How much is the CIBC contract with Resort Municipality of Sun Peaks worth?

The CIBC contract with Resort Municipality of Sun Peaks is valued at up to $500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sun Peaks Mountain Resort Municipality Regular Council Meeting Agenda Packet 2026-08-11 (AgendaPacket), dated August 8, 2026 from Resort Municipality of Sun Peaks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CIBC hold?

CIBC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Resort Municipality of Sun Peaks currently buying?

Explore Resort Municipality of Sun Peaks's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Resort Municipality of Sun Peaks's profile

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