Financial Community

NEW – Changes to deposit insurance affecting brokers acting in client name (i.e. as an agent)

The Government of Canada has made changes to CDIC’s deposit insurance framework that will have an impact on you and your clients. Changes come into force in two different phases: the first in April 2020 and the second in April 2021.

For important information about how these changes affect brokers acting in client name, please view this short video.

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