EXHIBIT 1 - Controls and Procedures

Disclosure controls and procedures

Based on their evaluation, as of a date (the "Evaluation Date") within 90 days
prior to the filing date of this Form 40-F, the Chief Executive Officer and
Chief Financial Officer of Canadian Imperial Bank of Commerce (the "Bank") have
concluded that the Bank's disclosure controls and procedures (as defined in
Rules 13a-14 and 15d-14 under the Securities Exchange Act of 1934) are
effective.

Internal controls

There have been no significant changes in internal controls or in other factors
that could significantly affect internal controls subsequent to the Evaluation
Date, including any corrective actions with regard to significant deficiencies
and material weaknesses.