Lambton Corporation Maintains CIBC Credit Facilities
County of LambtonCounty · Wyoming, ON- Disclosed value
- $2,000,000 revolving line of credit; $14,025,362 outstanding long-term debt as of April 30, 2025
- From agenda
- Document date
- May 6, 2026
The 30-second brief
The County of Lambton Community Development Corporation maintains ongoing credit facilities with Canadian Imperial Bank of Commerce. The facilities include a $2 million revolving line of credit and long-term demand loans amortizing through 2038 and 2040.
Canadian Imperial Bank of Commerce holds this financial services contract with County of Lambton. Its other public contracts on record include work for Village of Fraser Lake and Township of Ignace.
Term as filed: Revolving credit facility; demand loans amortizing to September 2040 and September 2038.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000 revolving line of credit; $14,025,362 outstanding long-term debt as of April 30, 2025
- Document date
- May 6, 2026
- Term
- Revolving credit facility; demand loans amortizing to September 2040 and September 2038
- Agency
- County of Lambton
- Source document
- Lambton County Council Agenda 2026-05-06 (Agenda)
Canadian Imperial Bank of Commerce's other public contracts
More County of Lambton contracts
Questions about this contract
Who was awarded the financial services contract by County of Lambton?
Canadian Imperial Bank of Commerce was awarded this financial services contract by County of Lambton, as recorded on May 6, 2026. The contract value is $2,000,000 revolving line of credit; $14,025,362 outstanding long-term debt as of April 30, 2025.
How much is the Canadian Imperial Bank of Commerce contract with County of Lambton worth?
The Canadian Imperial Bank of Commerce contract with County of Lambton is valued at $2,000,000 revolving line of credit; $14,025,362 outstanding long-term debt as of April 30, 2025, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Lambton County Council Agenda 2026-05-06 (Agenda), dated May 6, 2026 from County of Lambton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Canadian Imperial Bank of Commerce hold?
Canadian Imperial Bank of Commerce may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is County of Lambton currently buying?
Explore County of Lambton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.