Financial Community

Notice: The Government of Canada has announced that changes to the CDIC Act to modernize and enhance CDIC deposit protection will come into force on April 30, 2020 and April 30, 2021. PLEASE NOTE: Until then, current coverage rules apply.

Financial Community

This section is dedicated to providing information and resources for CDIC member institutions and other stakeholders within the financial community.

For CDIC Members

For CDIC Member institutions, you will be able to find legislation, by-laws, guidance and necessary forms to help you comply with CDIC’s regulatory requirements.  If you cannot find what you’re looking for or have any questions, please feel free to email us at members@cdic.ca.

For Brokers and Other Financial Professionals

We recognize the important role brokers and other financial professionals play in helping Canadians make informed decisions. We also know that rules around deposit protection, especially for trust deposits, can be complicated. Here you will be able to find the resources you need to better understand how deposit insurance coverage works and CDIC’s reporting requirements in the event of a bank failure.

For simplicity, many of our documents and resources refer to “brokers.” In these instances, a reference to brokers includes financial advisors, securities dealers, investment dealers, broker-dealers, and others who purchase deposits from financial institutions that are members of CDIC in the name of their clients or hold deposits

If you cannot find what you’re looking for or have any questions, please feel free to email us at questions@cdic.ca.

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