Canadians could soon claim a part of a multimillion-dollar proposed CIBC mutual funds settlement. An approval hearing will be held on Nov. 5, 2025.Who's eligible for the proposed CIBC mutual funds settlement? This only applies to people who didn't also hold units of a CIBC mutual fund through a discount broker during that period. The claim submission period for the $8.5-million TD mutual funds settlement recently closed. A different $70.25-million TD mutual funds settlement is still accepting claims until Dec. 20, 2025.