Annual Public Meeting puts focus on CDIC’s audacious goal

TORONTO – May 15, 2019 – The Canada Deposit Insurance Corporation (CDIC) is taking steps to modernize its reimbursement program and systems in the event of a member institution failure with the ultimate goal of providing Canadians with access to their protected savings on the day the failure of a member institution is announced. CDIC President and CEO Peter Routledge, discussed this plan during a panel discussion at the corporation’s annual public meeting.

CDIC welcomes new member

OTTAWA  February 11th, 2019  The Canada Deposit Insurance Corporation (CDIC) welcomes Motus Bank to its membership. Headquartered in Ontario, Motus Bank is a wholly owned subsidiary of Meridian Credit Union.

CDIC welcomes new member

OTTAWA – November 1st, 2018 – The Canada Deposit Insurance Corporation (CDIC) welcomed Coast Capital Savings Federal Credit Union as its 83rd member institution.