Canada Deposit Insurance Corporation

Canada Deposit Insurance Corporation The CDIC was established by the Government of Canada to protect deposits in case of bank failure. Protecting your deposits, that's what we do.

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 sm

allest 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.

How are your finances protected in Canada? There are different organizations that offer protection in different ways, in...
06/11/2026

How are your finances protected in Canada?
There are different organizations that offer protection in different ways, including:
1️⃣ Federal deposit insurer through CDIC: Protects deposits in banks and other federally regulated institutions.
2️⃣ Provincial deposit insurers: Protect deposits in provincial credit unions.
3️⃣ Canadian Investor Protection Fund: Offers protection for non-guaranteed investments like mutual funds, stocks and bonds.
🔗 Learn more about how these protections apply to your finances on our website: https://www.cdic.ca/articles/what-happens-when-bank-faces-trouble/

Game on! ⚽ We've created a fun way for you to learn about deposit protection. Play our interactive game and discover how...
06/10/2026

Game on! ⚽ We've created a fun way for you to learn about deposit protection. Play our interactive game and discover how CDIC keeps your eligible deposits safe.
Ready to kick off? Play here: https://www.cdic.ca/depositors/financial-literacy/ -financial-literacy-game

06/08/2026

Here's how we're looking after Week 1!

Weekly Standings presented by Canada Deposit Insurance Corporation

We are a proud sponsor of the 2026 CFL season, which kicks off tonight! 🏈 Who are you cheering for?
06/04/2026

We are a proud sponsor of the 2026 CFL season, which kicks off tonight! 🏈
Who are you cheering for?

School's (almost) out for summer and it's never too early to start planning for next year! 🎓 CDIC has partnered with Ind...
06/03/2026

School's (almost) out for summer and it's never too early to start planning for next year! 🎓
CDIC has partnered with Indspire Building Brighter Futures initiative to establish a bursary program that will provide financial assistance to Indigenous women in Canada pursuing higher education.
Visit our website to learn more and apply: https://www.cdic.ca/depositors/cdic-bursary/

06/01/2026

It all starts here...

Weekly Standings presented by Canada Deposit Insurance Corporation

The 2026 season kicks off on June 4th at 7:30 PM ET. Catch the Week 1 action on TSN, RDS, CBS Sports and CFL+.

Address

50 O'Connor Street
Ottawa, ON
K1P6L2

Telephone

+18004612342

Website

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