CIBC Youthvision Scholarship winners will then participate in a speed mentoring session to seek education, career and life advice

TORONTO, June 18, 2013 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC's deputy chief economist, Benjamin Tal, will share the results of his new study on the state of youth unemployment in Canada with a group of high school scholarship winners. The students will then discuss those realities as they participate in a speed mentoring event with a group of young CIBC professionals who've volunteered to mentor the students.

About CIBC Youthvision

Each year the CIBC Youthvision Scholarship program commits more than $1 million to make post-secondary education dreams a reality for youth-in need, ultimately helping to break the cycle of poverty in their family. Now in its 15^th year, this one-of-a-kind program has already helped over 450 students and committed over $15 million. To be eligible, Grade 10 students must be enrolled in a mentoring program with Big Brothers Big Sisters of Canada or the YMCA. Students receive ongoing mentoring from either Big Brothers Big Sisters of Canada or the YMCA until they graduate from their post-secondary education.

About CIBC
CIBC is committed to supporting causes that matter to our clients, employees and our communities. We aim to make a difference in communities through corporate donations, sponsorships and the volunteer spirit of employees. With a strategic focus on Kids, Cures and Community, and employee commitment to causes including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation and United Way, we are investing in the social and economic development of communities across the country. In 2012, CIBC group of companies contributed more than $38 million to charitable and non-profit initiatives in Canada to support national, regional and local organizations. To learn more, visit www.cibc.com.

This event is by invitation only. Media must pre-register at jessica.botelho@cibc.com

SOURCE: CIBC