Canada Deposit Insurance Corporation

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Canada Deposit Insurance Corporation The CDIC was established by the Government of Canada to protect deposits in case of bank failure. Avoid the jumpscare. CDIC has you protected.

Coverage is free and automatic when you bank with a member institution. CDIC is a federal Crown corporation, established in 1967. We protect people’s money and contribute to financial stability by safeguarding over $1 trillion in eligible deposits at more than 80 member financial institutions. As a resolution authority, we are responsible for handling the failure of any of our members, from the smallest to the largest. Our members include banks, federally regulated credit unions, as well as trust and loan companies. We are funded by premiums paid by member financial institutions and do not receive public funds to operate. We have resolved 43 member failures to date, affecting some two million people in Canada. No one has ever lost any money under CDIC protection.

Try these practical shifts that can help you achieve financial wellness:
10/21/2026

Try these practical shifts that can help you achieve financial wellness:

With some simple habits, you can build a system that reduces the mental load and stress while supporting your goals and lifestyle.

You might find yourself constantly running through your mental to-do list, and it never seems to end. Want to reduce the...
10/20/2026

You might find yourself constantly running through your mental to-do list, and it never seems to end. Want to reduce the weight of the mental load? Visit our website:

Like many people, you might find yourself constantly running through your mental to-do list, and it never seems to end. This mental load can be heavy, with a significant portion of it related to financial management.

Four tips to help busy families stay organized and save more:
10/19/2026

Four tips to help busy families stay organized and save more:

Raising children comes with a constant stream of expenses. For busy parents, budgeting for them can feel like one more task on an already full to-do list. But there are simple ways to make budgeting simpler.

10/19/2026

The Cataractes de Shawinigan's Philippe Boucher had a busy week as he turned away 95 shots to earn presented by Canada Deposit Insurance Corporation honours!

10/19/2026

The standings with 1 week left to go. đź‘€

Weekly Standings presented by Canada Deposit Insurance Corporation

CDIC has partnered with Indspire’s Building Brighter Futures initiative to establish a bursary program that will provide...
10/16/2026

CDIC has partnered with Indspire’s Building Brighter Futures initiative to establish a bursary program that will provide financial assistance to Indigenous women in Canada pursuing higher education.
The next application deadline is November 1, 2026.
Learn more and apply on our website: https://www.cdic.ca/depositors/cdic-bursary/

10/15/2026

Avoid the jumpscare. CDIC has you protected. Learn more at cdic.ca

Learn more about debentures, principal protected notes and term deposits:
10/14/2026

Learn more about debentures, principal protected notes and term deposits:

We cover some debentures, but debentures issued by banks, some corporations and governments aren't covered. Learn more.

Breathe a big sigh of re-leaf. Deposit protection is free and automatic. Learn more at cdic.ca
10/13/2026

Breathe a big sigh of re-leaf. Deposit protection is free and automatic. Learn more at cdic.ca

10/13/2026

Only 2 weeks to go đź‘€

Weekly Standings presented by Canada Deposit Insurance Corporation

Address

50 O'Connor Street
Ottawa, ON
K1P6L2

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+18004612342

Website

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