A message from our President & CEO

In these difficult times, when Canadians are concerned about their health and personal finances, rest assured that Canada Deposit Insurance Corporation is here to protect your deposits. Since 1967, CDIC has handled the failure of 43 member institutions affecting some two million Canadians. No one has lost a dollar of deposits under CDIC protection.

Get the facts about coverage

What we cover

savings accounts

chequing accounts

term deposits

(such as GICs) with original terms to maturity of five years or less

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