CDIC news

Training game for financial professionals

July 22, 2020

Play CDIC Financial Professional Trivia Challenge

CDIC knows that it’s important for the financial community to remain informed about deposit protection. That’s why we’ve developed training and learning initiatives to help financial professionals understand our rules and how deposit insurance works.

In light of recent changes to deposit insurance, CDIC has updated and relaunched CDIC Financial Professional Trivia Challenge, our training game for financial professionals.

The online training game is a fun and engaging way for financial professionals to better understand deposit insurance and the role that CDIC plays in protecting depositors in the event of a member failure. Players can learn about a variety of topics, including the deposit insurance limit, registered plans, and information on CDIC’s coverage rules with respect to trust accounts and brokered deposits, all while playing rounds and earning points.

Members of the financial community can complete this one-hour course for free and earn a continuing education (CE) credit from the accreditation body of which they are a member, including the Institute for Advanced Financial Education, Investment Industry Regulatory Organization of Canada (IIROC), CSF (Chambre de la Securité financière), and L’Institut québécois de planification financière (IQPF).

As financial professionals are a trusted source for Canadian depositors, CDIC wants to ensure that they are equipped with accurate information when they advise their clients on the protection available to them. Upon completion of the training game, a certificate will be issued for their records.

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