The bank's lobbyists met Prime Minister's Office staff and officials at two federal departments in August, part of 86 meetings with the federal government over the past 12 months.
🏛️ LOBBYING Canadian Imperial Bank of Commerce ($CM.NE) met Prime Minister's Office staff once in August, per the lobbying registry.View this post on X
What the filings show
Canadian Imperial Bank of Commerce (TSX: CM) recorded three meetings with the federal government in August, according to the federal lobbying registry.
The bank has reported 86 meetings with the federal government in the past 12 months.
Who Canadian Imperial Bank of Commerce met
On August 24, the bank met Yash Nanda, a policy advisor in the Prime Minister's Office.
On August 4, it met Conor Noseworthy, director of communications, and Jonathan Alomoto, director of policy, both at Immigration, Refugees and Citizenship Canada.
On August 20, it met Simon Wood, senior parliamentary affairs advisor at Innovation, Science and Economic Development Canada.
What the meetings covered
The communication reports listed financial institutions as a subject three times, privacy and access to information twice, consumer issues twice and international trade once.
Canadian Imperial Bank of Commerce across the public record
Twelve Members of Parliament hold CM shares, 8 Conservative and 4 Liberal. In provincial legislatures, 16 members hold the stock: 8 Progressive Conservative in Ontario, 1 BC Conservative, 1 BC Green and 1 BC NDP in British Columbia, 1 Independent in the Northwest Territories, 1 Ontario Liberal in Ontario, 1 Saskatchewan NDP and 1 Saskatchewan Party in Saskatchewan, and 1 United Conservative in Alberta.
SEDI shows one insider sold CM shares in the past 90 days, and insiders sold $5 million of the stock between June 2 and September 22.
Share price context
CM closed at $157.25 on October 5.
