CIBC becomes latest founding partner of WNBA expansion side Toronto Tempo

By Canadian Press on April 15, 2025.

TORONTO — CIBC has become a founding partner of the WNBA-expansion Toronto Tempo.

CIBC will become the basketball team’s official bank and appear on team jerseys when the Tempo begin play in 2026. The bank joins Sephora Canada, the franchise’s “official beauty partner,” as a founding partner.

CIBC is also introducing “Champions of Ambition,” a new community program designed to “celebrate and elevate Canadians who have been changing the tempo in women’s sports and the country.”

The Tempo will begin playing at the Coca-Cola Coliseum in 2026, also hosting regular-season games in both Montreal and Vancouver.

In March, tennis star Serena Williams joined the team’s ownership group alongside Larry Tanenbaum, Chairman of Kilmer Sports Ventures.

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This report by The Canadian Press was first published April 15, 2025

The Canadian Press

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