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CIBC Loan Financing Municipal Land Purchase

Municipality of West Perth logoMunicipality of West Perth
Document date
Aug 10, 2026
Renews
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The 30-second brief

What it covers

West Perth is repaying a Canadian Imperial Bank of Commerce loan used for land acquisition, with 4.74% interest and monthly payments of $17,093 scheduled to mature in 2026.

Who holds it

Canadian Imperial Bank of Commerce holds this financial services contract with Municipality of West Perth. Its other public contracts on record include work for Village of Fraser Lake and Township of Ignace.

What happens next

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Contract details

Contract type
Financial Services
Document date
August 10, 2026
Term
Loan payable at 4.74% interest, $17,093 monthly payments, due 2026 (land acquisition)
Renews
On record
Vendor
Canadian Imperial Bank of Commerce
Agency
Municipality of West Perth
Source document
Municipality of West Perth Regular Council Agenda 2026-08-10 (Agenda)

Canadian Imperial Bank of Commerce's other public contracts

Village of Fraser Lake, BCFraser Lake Authorizes $2.28 Million Bank Borrowing · Sep 8, 2026$2.3MTownship of Ignace, CanadaTownship Maintains Operating Line of Credit With CIBC · Aug 13, 2026Lake Grove Park District, OregonDistrict Executes Treasury Trades via CIBC · Aug 10, 2026Beamsville District Secondary School, CanadaBoard Approves Nearly $20M Interim Loan from CIBC · Jun 9, 2026Beamsville District Secondary School, CanadaDSBN Authorizes $26.3M Capital Borrowing Line with CIBC · Jun 9, 2026All Canadian Imperial Bank of Commerce contractsVendor profile

More Municipality of West Perth contracts

FINNBILTWell 3 Building Replacement Awarded to Finnbilt · Oct 21, 2026UndisclosedRats IncRats Inc. Completes Sanitary Sewer Assessments · Oct 21, 2026UndisclosedAcclaims Environmental IncAcclaims Environmental Selected for Annual Internal Audit · Oct 21, 2026UndisclosedBm RossWest Perth Continues Water Planning Work With BM Ross · Oct 21, 2026UndisclosedPolice Governance Ontario (Pgo)Perth County Board Maintains Police Governance Ontario Membership · Oct 13, 2026All Municipality of West Perth activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Municipality of West Perth?

Canadian Imperial Bank of Commerce was awarded this financial services contract by Municipality of West Perth, as recorded on August 10, 2026.

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 Municipality of West Perth Regular Council Agenda 2026-08-10 (Agenda), dated August 10, 2026 from Municipality of West Perth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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