Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

SCHEDULE 13G

 Under the Securities Exchange Act of 1934

(Amendment No.  )

MDC Partners Inc.
(Name of Issuer)
 
Class A Subordinate Voting Shares
(Title of Class of Securities)
 
552697104
(CUSIP Number)
 
September 8, 2005
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this schedule is filed:

[   ]  Rule 13d-1(b)
[X]  Rule 13d-1(c)
[   ]  Rule 13d-1(d)

______________
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

(Continued on following page(s))
Page 1 of 5 Pages


CUSIP NO. 552697104

13G

Page 2 of 5 Pages

1) Names of Reporting persons:  Canadian Imperial Bank of Commerce
I.R.S. Identification Nos. of Above Persons (entities only):  13-1942440
 
2) Check the appropriate Box if a Member of a Group (See Instructions)
(a) 
(b)
 
 
3) SEC Use Only
 
 
4) Citizenship of Place of Organization:  Canada
 
 
Number of
Shares
Beneficially
Owned by Each    
Reporting
Person With
(5) Sole Voting Power:  2,235,342
(6)
Shared Voting Power:  -0-
(7) Sole Dispositive Power:   2,235,342

(8)

Shared Dispositive Power:  -0-
9) Aggregate Amount Beneficially Owned by Each Reporting Person:  2,235,342
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions):
   
11) Percent of Class Represented by Amount in Row 9:  9.54
   
12) Type of Reporting Person (See Instruction):  CO

CUSIP NO. 552697104

13G

Page 3 of 5 Pages

 
   
Item 1(a): Name of Issuer:
   
  MDC Partners Inc.
   
Item 1(b): Address of Issuer's Principal Executive Offices:
   
  45 Hazelton Avenue
Toronto, Ontario, Canada
   
Item 2(a): Name of Person Filing:
   
  Canadian Imperial Bank Commerce
   
Item 2(b): Address of Principal Business Office or, if none, Residence:
   
  199 Bay Street
Toronto, Ontario M5L 1A2
Canada
   
Item 2(c): Citizenship:
   
  Canada
   
Item 2(d): Title of Class of Securities:
   
  Class A Subordinate Voting Shares
   
Item 2(e): CUSIP Number:
   
  552697104
   
Item 3: Not Applicable
   
   
Item 4(a): Amount Beneficially Owned:
   
  2,235,342
   
Item 4(b): Percent of Class:
   
  9.54

CUSIP NO. 552697104

13G

Page 4 of 5 Pages

 
   
Item 4(c): Number of Shares as to Which Such Person Has:
   
  (i)   Sole power to vote or direct the vote:
       
      2,235,342
       
  (ii)   Shared power to vote or direct the vote:
       
      -0-
       
  (iii)   Sole power to dispose or direct the disposition of:
       
      2,235,342
       
  (iv)   Shared power to dispose or direct the disposition of:
       
      -0-
   
Item 5: Ownership of Five Percent or Less of a Class:
   
  Not applicable
   
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
   
  Not Applicable
   
Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company:
   
  Not Applicable
   
Item 8: Identification and Classification of Members of the Group:
   
  Not applicable
   
Item 9: Notice of Dissolution of Group:
   
  Not Applicable
   
Item 10: Certifications:

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

CUSIP NO. 552697104

13G

Page 5 of 5 Pages


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  September 13, 2005   CANADIAN IMPERIAL BANK OF COMMERCE
     
     
    By: /s/ Antonio Molestina
      Name: Antonio Molestina
      Title:    Senior Vice President