OTTAWA – February 6, 2026 – The Canada Deposit Insurance Corporation (CDIC) tabled its 2025-2026 Summary of the Corporate Plan in Parliament today.
At CDIC we protect insured deposits, ensure the orderly resolution of a member institution in the event of failure, and contribute to financial stability. The strategies outlined in this Summary of the Corporate Plan are a continuation of CDIC’s long-term plan and commitment to protect depositors and promote financial stability in this rapidly changing environment.
“With so many uncertainties and pressures facing people today, CDIC plays a critical role in providing peace of mind that their insured deposits are safe,” said CDIC President and CEO Gina Byrne. “This plan lays out how we will continue to effectively deliver on our mandate to protect depositors while reinforcing confidence in Canada’s financial system.”
CDIC is focusing on strategic objectives for the 2025-2026 to 2029-2030 planning period:
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Depositor trust and confidence
Trust and confidence in Canada’s financial system depends on people knowing their deposits are protected. CDIC is committed to maintaining a high level of public awareness about its protection. By anticipating depositor needs and providing clear, reliable information, CDIC helps strengthen trust in its member institutions and fosters a better understanding of how deposit insurance works.
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Resolution readiness
Resolution readiness means being ready to act quickly and effectively if a financial institution fails. For CDIC, this starts with a skilled workforce, reliable data and systems, and strong preparedness practices. These attributes, combined with regular testing of our plans through crisis simulations, will improve our ability to assess risks, plan effectively, and be ready to step in to protect depositors.
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Organizational strength
CDIC’s organizational strength is built on a foundation of effective leadership, teamwork, and a resilient infrastructure. Over the planning period, CDIC will keep investing in its people and systems to drive continuous improvement and reinforce cyber security.
The Summary of the Corporate Plan also includes a summary of CDIC’s 2025-2026 operating and capital budgets and borrowing plan.
About CDIC
CDIC is a federal Crown corporation, established by Parliament in 1967. We protect people’s insured deposits and contribute to financial stability by safeguarding over $1 trillion in deposits at more than 80 member institutions. As resolution authority, we are responsible for handling the failure of any our members, from the smallest to the largest. Our members include banks, federally regulated credit unions, as well as trust and loan companies. We are funded by premiums paid by member institutions and do not receive public funds to operate. We have resolved 43 member failures to date, affecting some two million depositors. No one has ever lost any money under CDIC protection.
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For further information
Tamara Mason
Head, Communications
Tel: 613-943-4395
E-mail: media@cdic.ca