Treasury Bills

CDIC does NOT insure Treasury bills.

For example...

If your CDIC member fails and you have the following in your own name:

• $1,000 in a chequing account
• $2,000 in a GIC with an original date to maturity of 4 years
• $2,000 in a Treasury bill

You have $3,000 insured by CDIC in case your bank fails. The money in your Treasury bill will not be lost if your bank fails, as it is guaranteed by the Canadian government.

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).