In addition to the fine, the rep was also permanently barred for misappropriating client funds.
The company also has a new board member.
Yan Charbonneau makes first foray outside Quebec with largest acquisition to date in property and casualty insurance.
The insurer is one of the three main shareholders of the telemedicine services provider.
The insurer made a subordinated notes offering on March 26.
The insurer shared its vision of sales trends with financial analysts.
In addition to advancing gender balance internally, CIBC has made several public commitments.