Summary of the Corporate Plan
Executive summary
The Canada Deposit Insurance Corporation (CDIC) has been protecting people’s insured deposits for more than 55 years. The Corporation provides deposit insurance, resolves its member financial institutions in the event they fail, and promotes and contributes to the stability of Canada’s financial system. CDIC’s 84 members include banks, federally regulated credit unions, and trust and loan companies.
CDIC’s 2026/2027 to 2030/2031 Corporate Plan takes a deliberate approach of refocusing on core activities, capabilities, and disciplines that drive its mandate. By strengthening fundamentals, CDIC sets the foundation for more consistent execution, better decision-making, and long-term success. This means employees are empowered, stakeholders are engaged, and depositors are protected. This plan will ensure CDIC is positioned to deliver effectively today and have the necessary foundations for the future.
CDIC has four strategic priorities during the planning period: advance crisis readiness, preserve public confidence, elevate the use of data, and evolve the deposit insurance framework.
As Canada’s resolution authority, CDIC must maintain readiness to resolve its member institutions. The Corporation is strengthening core elements of crisis readiness, clear decision pathways supported by reliable processes and systems. The focus will be on supporting rapid open-bank resolutions, while maintaining current readiness for closure scenarios.
In 2026/2027, the Corporation will maintain public awareness of deposit insurance between 65–70% for the general public through the launch of a new three-year Public Awareness strategy.
A clear understanding of deposit trends is essential to fulfilling the Corporation’s mandate and anticipating shifts in the financial environment. By improving corporate-wide access to data and applying advanced analytical tools, CDIC will build a clearer, timelier picture of deposits at its members. Enhanced data platforms will ensure CDIC is positioned for modern technologies, such as artificial intelligence (AI), while ensuring the data is secured and protected.
Throughout the planning period, CDIC will assess operational impacts of any changes to the deposit insurance framework and develop an implementation plan to ensure policies, systems, and communications are updated.
With this plan, CDIC refocuses on the fundamentals that underpin public trust and confidence in CDIC. This approach will strengthen core capabilities, sharpen execution, and ensure the Corporation remains ready to deliver on its mandate in today’s changing environment.