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Receives grand prize worth over $55,000, including a CIBC Guaranteed Investment Certificate VANCOUVER,
March 24, 2014 /CNW/ -
CIBC (CM: TSX) (CM: NYSE) is pleased to announce the
winner of this year's
Canada's Luckiest Student contest is
Leah Meanwell, a
University of British Columbia student, who will receive the grand prize valued at over
Secondary and post-secondary students across
Canada entered the contest through their Student Life Network account for a chance to win the ultimate student prize pack. That includes a
$20,000 GIC from CIBC plus many other fantastic contest
prizes, including free tuition and groceries for an entire year.
"It's an overwhelming feeling, having the chance to finish my degree debt-free thanks to the prize money," says Ms. Meanwell, a second-year kinesiology student whose degree alone will cost
$24,000 without factoring in living expenses. "Winning
Canada's Luckiest Student contest means I can focus on my schoolwork, instead of how to afford my degree, and that's something I'm very grateful for."
According to a
report released last August by CIBC World Markets Deputy Chief Economist
Benjamin Tal, roughly half of the students pursuing a Bachelor's degree will graduate from their program with debt and many won't start their career in good financial health.
Canada's Luckiest Student was
Taylor Esselment from
Hagersville, Ontario, a psychology and criminology student at the
University of Western Ontario in
London. This marks the second year of the contest.
The contest was run by Student Life Network, a
Toronto-based youth marketing company that connects
North America's top brands with millions of students across
To learn how to save more through CIBC's student banking offers, including the CIBC student chequing account with unlimited transactions and no monthly fee, visit
About CIBC CIBC is a leading North American financial institution with 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across
Canada, and has offices in
the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at
SOURCE Canadian Imperial Bank of Commerce