Are deposits held at a bank branch in Canada by a non-resident or non-Canadian citizen eligible for CDIC coverage?
A: The place of residence or nationality of depositors does not affect the eligibility of their deposits for CDIC coverage...
Are my deposits protected if my bank is not a member but is owned by one?
A: Some of our member institutions offer depositors the option to purchase eligible deposits through their trademark company or directly through the CDIC member that own the trademark. If this is the case...
