CDIC insures eligible deposits now up to $100,000 per person at each member institution. It reimburses depositors for the amount of their insured deposits when a member institution fails. Not all deposits are eligible. Contact CDIC at (800) 461-2342 or www.cdic.ca.
Canadian Deposit Insurance Corporation (CDIC)
CDIC insures eligible deposits now up to $100,000 per person at each member institution. It reimburses depositors for the amount of their insured deposits when a member institution fails. Not all deposits are eligible. Contact CDIC at (800) 461-2342 or www.cdic.ca.