Ramara Continues Investment Management with CIBC Wood Gundy
Township of RamaraCity · Brechin, ON- Disclosed value
- $3,000,000 invested (principal), redeemed for $5,262,000 total proceeds
- From agendapacket
- Document date
- Jul 24, 2026
The 30-second brief
The Township of Ramara uses CIBC Wood Gundy, through Senior Wealth Advisor Geoffrey Pennal, to manage its investment portfolio, including a $3,000,000 BNS Core Canadian Large Cap Deposit Note that was recently redeemed for total proceeds of $5,262,000. The relationship covers multiple principal-protected notes compliant with the Municipal Act.
Cibc Wood Gundy holds this financial services contract with Township of Ramara. Its other public contracts on record include work for City of White Rock and Township of Georgian Bluffs.
Term as filed: Investment made December 2024 and redeemed prior to July 20, 2026 (less than 2 years).
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Contract details
- Contract type
- Financial Services
- Amount
- $3,000,000 invested (principal), redeemed for $5,262,000 total proceeds
- Document date
- July 24, 2026
- Term
- Investment made December 2024 and redeemed prior to July 20, 2026 (less than 2 years)
- Vendor
- Cibc Wood Gundy
- Agency
- Township of Ramara
- Source document
- Township of Ramara Council Information Package 2026-07-24 (AgendaPacket)
Cibc Wood Gundy's other public contracts
More Township of Ramara contracts
Questions about this contract
Who was awarded the financial services contract by Township of Ramara?
Cibc Wood Gundy was awarded this financial services contract by Township of Ramara, as recorded on July 24, 2026. The contract value is $3,000,000 invested (principal), redeemed for $5,262,000 total proceeds.
How much is the Cibc Wood Gundy contract with Township of Ramara worth?
The Cibc Wood Gundy contract with Township of Ramara is valued at $3,000,000 invested (principal), redeemed for $5,262,000 total proceeds, 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 Township of Ramara Council Information Package 2026-07-24 (AgendaPacket), dated July 24, 2026 from Township of Ramara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cibc Wood Gundy hold?
Cibc Wood Gundy 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 Township of Ramara currently buying?
Explore Township of Ramara's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
