CWB completes sale of Canadian Direct Insurance

EDMONTON, May 1, 2015 – Canadian Western Bank (TSX: CWB) today announced it has completed the previously disclosed sale of its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (TSX: IFC).

FOR FURTHER INFORMATION CONTACT:

Matt Evans, CFA
Assistant Vice President, Investor Relations
Canadian Western Bank
Phone: (780) 969-8337
Email: [email protected]