These no-fee payment features allow you to make contactless transactions using your CIBC credit card or eligible smartphone-saving you time as you no longer have to key in a PIN or sign receipts for most purchases under $100 at participating stores.
Financing activities are transactions between a business and its creditors and investors. The financing activities section is one of three sections on a company's statement of cash flows, the other two being operating and investing activities.
Investing activities also include the sale of long-term investments and the sale of long-term assets that had been used in the business. The proceeds (money received) from the sale of long-term assets will also be reported in the investing activities section of the cash flow statement. The money received will appear as a positive amount, since the effect on cash is positive. The sale is providing or increasing the company's cash.