As market conditions change, CIBC regularly reviews interest rates paid on business accounts to ensure they are competitive and inline with current market conditions.
Based on their recent review, and with these considerations in mind, effective Monday Nov 29th, 2021, the Pooled Funds Program was amended to Monthly Average Prime (MAP) less 170bps for an effective rate of 75bps. This is the new rate for the exisiting funds as well as any new money entering the program.
To obtain an application, please contact Bob Audoux at 902-424-7172 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..