Mutual Funds and Stocks

CDIC does NOT insure mutual funds or stocks.

For example…

If you have the following in your name at a CDIC member:

• $1,000 in a chequing account
• $3,000 in a savings account
• $20,000 in mutual funds
• $10,000 in stocks

You have $4,000 insured by CDIC in case your bank fails, because the mutal funds and stocks above are NOT insured by CDIC.

CDIC also insures other types of deposits from $1 to $100,000. Find out more about how CDIC calculates insured deposits.

CDIC covers more!

Click on any of the following to see what else CDIC covers: savings held in trust, savings held in an RRSP, savings held in a RRIF, savings held for paying realty taxes on mortgage payments. CDIC also insures savings held in more than one name (joint deposits).