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Get answers to some of the most frequently asked questions about CDIC.

  1. What does CDIC even do?
  2. Who pays for CDIC protection?
  3. Do I need to sign up for CDIC deposit insurance?
  4. What is a CDIC member institution?
  5. Are credit unions and caisses populaires covered by CDIC?
  6. Does CDIC cover digital currencies?
  7. Does CDIC protect deposits in the event of fraud?
  8. How can I keep my savings safe if I have more than 100K?
  9. What can I do to ensure I get my money if my financial institution fails?
  10. Is the money I save in an RESP for my child protected by CDIC?
  11. Is the money in my RDSP protected by CDIC?
  12. Is the money in my RRSP protected by CDIC?
  13. Is the money in my TFSA protected by CDIC?
  14. Are charities and non-profit organizations protected by CDIC?
  15. Why does CDIC advertise?
  16. Are foreign currencies protected by CDIC?
  17. Is my small business protected by CDIC?
  18. Is the money in my FHSA protected by CDIC?

What does CDIC even do?

Who pays for CDIC protection?

Do I need to sign up for CDIC deposit insurance?

What is a CDIC member institution?

Are credit unions and caisses populaires covered by CDIC?

Does CDIC cover digital currencies?

Does CDIC protect deposits in the event of fraud?

How can I keep my savings safe if I have more than 100K?

What can I do to ensure I get my money if my financial institution fails?

Is the money I save in an RESP for my child protected by CDIC?

Is the money in my RDSP protected by CDIC?

Is the money in my RRSP protected by CDIC?

Is the money in my TFSA protected by CDIC?

Are charities and non-profit organizations protected by CDIC?

Why does CDIC advertise?

Are foreign currencies protected by CDIC?

Is my small business protected by CDIC?

Is the money in my FHSA protected by CDIC?

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