FOR IMMEDIATE RELEASE
August 23, 2023

TORONTO, ON — The Institute for Canadian Citizenship (ICC) is proud to announce a new partnership to support its growing network of newcomers that are calling Canada home. Starting today, members of the ICC’s Canoo Access Pass will have access to exclusive offers with CIBC to save money in addition to accessing financial planning tools and advice.

Through this partnership with CIBC, premium offers available exclusively to Canoo members, include:

• 2 years of no-fee banking
• 2 years of fee rebates on select premium credit cards
• 0.5% rate reductions for loan products and lines of credit
• Preferred mortgage rates
• 100 free stock trades
• Free global money transfers

“The ICC is thrilled to be sharing this exclusive offer from CIBC with Canoo members,” said Daniel Bernhard, CEO, ICC. “CIBC shares our vision of supporting newcomers – Canada’s future –and their ability to one day support Canada. We’re honoured to have found such a sincere partner who shares our belief that Canada succeeds when newcomers succeed.”

“We know that moving to a new country can be overwhelming,” said Jeff Smith, Senior Vice-President, Client Segmentation and Franchising, CIBC. “With rising costs and the need to settle in, exploring Canada isn’t always possible for newcomers. This new partnership highlights the exciting experiences that our country provides and complements what our bank offers to help new residents easily access banking services.”

This new partnership announcement comes at a time when Canoo has been expanding benefits to its members from major institutions across Canada. Earlier this month, Canoo teamed up with Bell, who became the program’s exclusive telecommunications partner, and now offers special mobility and Internet deals to its members.

Canoo’s growing network of welcome partners ensures that newcomers and their families can experience Canada’s most sought after experiences as well as the tools they need to help call Canada home. Since 2010, Canoo has welcomed over 500,000 newcomer members. All recent permanent residents and new citizens can join Canoo by downloading its app for free.  

For more about the app and the growing list of benefits for Canoo members, please visit Canoo.ca.

About

The Institute for Canadian Citizenship (ICC) works to unlock Canada for newcomers, facilitating and encouraging the journey towards full and active Canadian citizenship. The ICC is an independent charity, co-founded in 2006 by the Rt. Hon. Adrienne Clarkson and John Ralston Saul.

About CIBC

CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network and locations across Canada, with offices in the United States and around the world.
Ongoing news releases and more information about CIBC can be found at cibc.mediaroom.com.

Media Contacts

ICC / Canoo:
Alex Nanoff
613.709.6318 or media@inclusion.ca

CIBC:
Katarina Milicevic, CIBC Communications & Public Affairs
416.784.6108 or katarina.milicevic@cibc.com