FINANCIAL_SERVICESONGOING

CIBC GIC Used For Cemetery Trust Investment

The Town of Deseronto’s Trust Fund invested care and maintenance monies in a CIBC Guaranteed Investment Certificate at 4.05% interest that matured on September 15, 2025. This product is part of the Town’s strategy to earn income on cemetery trust funds.

Status
ONGOING
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
CIBC
Agency
Town of Deseronto · 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
$126,056 GIC (matured September 15, 2025)
Contract type
FINANCIAL_SERVICES
Contract term
To September 15, 2025
Renewal date
2025-09-15
Renewal
The specific CIBC GIC matured in 2025; any reinvestment or renewal is not detailed in the document.
Document type
Agenda
Source document
Town of Deseronto Agenda 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Deseronto?

CIBC was awarded this financial services contract by Town of Deseronto, as recorded on August 12, 2026. The contract value is $126,056 GIC (matured September 15, 2025).

How much is the CIBC contract with Town of Deseronto worth?

The CIBC contract with Town of Deseronto is valued at $126,056 GIC (matured September 15, 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 Town of Deseronto Agenda 2026-08-12 (Agenda), dated August 12, 2026 from Town of Deseronto. 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 Town of Deseronto currently buying?

Explore Town of Deseronto's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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