Premiums
Each CDIC member institution must pay annual premiums on insured deposits as a condition of membership. These premiums constitute a reserve fund which CDIC would draw from in order to resolve the failure of any of its members.
Starting in the 2027 premium year, every member institution is classified into one of five premium categories according to the Differential Premiums By-law (“By-law”) on a semi-annual basis. Members’ first semi-annual (Fall) return will be required to be filed by October 31st, 2026, for the 2027 premium year. Members will subsequently be required to complete and submit the Spring return to CDIC no later than April 30, 2027. A member’s annual premium rate will be determined using the average of the rates that correspond to the applicable premium categories into which a member was classified for each semi-annual period.
Reference documents
All documents for new and existing members to meet CDIC reporting requirements are below. Please contact us at members@cdic.ca if you require additional information.
Differential Premiums Return (DPR)
Premium Year 2027
Return of Insured Deposits (RID)
Premium Year 2026
Disclosing Rating Information
The CDIC Deposit Insurance Policy By-law prohibits members from disclosing premium rating information they receive from CDIC. This information includes:
- the category in which the member institution is classified;
- the premium rate assigned to the member;
- the total score assigned to the member;
- any score assigned to a member related to quantitative or qualitative factors or criteria;
- the examiner’s rating; and
- any other information that is given to the member with respect to qualitative factors or criteria by CDIC or by the member institution’s regulator or examiner that would, in itself or pieced together with other information, enable the score assigned to the member institution to be determined.
Regulatory Reporting System (RRS)
The Regulatory Reporting System (RRS) is a web application that lets federally regulated financial institutions (FRFIs) submit regulatory return information. RRS supports the Bank of Canada, the Office of the Superintendent of Financial Institutions and CDIC’s mandate by collecting reliable, accurate and timely data.
If your institution is already registered to use the Regulatory Reporting System (RRS) for OSFI filings, no further registration actions are necessary as you will use your existing RRS credentials. If your institution has not previously registered to use RRS please contact Customer Support or members@cdic.ca.