CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 5.45 per cent to 5.20 per cent, effective Thursday, January 30, 2025.

The cibi (pronounced 'thimbi') is a war dance performed by the Fiji rugby team before each Test match. The chant has been used on the rugby field since 1939, though it's origins date back to the ...