NOTICE OF CDIC’S FIRST ANNUAL PUBLIC MEETING

20 November 2006

The Board of Directors of Canada Deposit Insurance Corporation (CDIC) is pleased to announce that its first Annual Public Meeting will be held in Toronto on December 5, 2006. Members of the public are invited to attend this important meeting where CDIC's 2006 results and activities and the organization's priorities for the coming year will be highlighted. Key stakeholders and members of the public will have the opportunity to ask questions of CDIC's executive team.

Meeting details:

December 5, 2006
5:00 p.m. – 6:30 p.m.
Glass Room, 4th Floor
Royal Ontario Museum
100 Queen's Park
Toronto, ON

The Canada Deposit Insurance Corporation was created in 1967 to provide insurance to depositors against the loss, in whole or in part, of deposits made at member institutions in the event of their failure. Eligible deposits are automatically insured up to $100,000 per person at each member institution. A federal Crown corporation, CDIC contributes to the stability of the Canadian financial system. CDIC is funded by premiums assessed on its member institutions and does not receive federal tax dollars. To date, CDIC has protected the eligible savings of depositors in 43 member institution failures. As of April 30, 2006, CDIC insured more than $455 billion in eligible deposits in Canada.

Click here to view or download CDIC's 2006 Annual Report.

For further information, please contact:

Sophie Roux
Manager, Communications and Public Affairs
Telephone: 613-995-6548
Cell: 613-612-1068
E-mail: sroux@cdic.ca