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.

🍎 Are you headed back to School? 🍎 CDIC has partnered with Indspire's Building Brighter Futures initiative to establish ...
09/04/2026

🍎 Are you headed back to School? 🍎
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.
Learn more and apply before November 1 on our website: https://www.cdic.ca/depositors/cdic-bursary/

09/04/2026
09/01/2026

Where we stand after Week 13.

Weekly Standings presented by Canada Deposit Insurance Corporation

School's back in session and so is your financial peace of mind! Let's make sure your money is as ready as your backpack...
08/28/2026

School's back in session and so is your financial peace of mind! Let's make sure your money is as ready as your backpack.
🏦 Coverage is free and automatic when you bank with a member institution. Check if your financial institution is on our member list: https://www.cdic.ca/depositors/list-of-members/
🧮 CDIC covers eligible deposits up to $100,000 per insured category per member institution. You can calculate your coverage (for free!) on our website: https://www.cdic.ca/depositors/videos-and-resources/deposit-insurance-calculator/
🍎 Did you know? CDIC protects eligible deposits held in a Registered Education Savings Plan (RESP). Curious about what else is covered? Check our website for the full list: https://www.cdic.ca/depositors/whats-covered/
📦New address? Update your contact info at your financial institution. In the unlikely event of a member institution failure, we'll communicate with you by mail.
🎓We've got cool videos and information on our website, so you can keep learning: https://www.cdic.ca/depositors/videos-and-resources/

08/24/2026

A look at the league 12 weeks in. 👀

Weekly Standings presented by Canada Deposit Insurance Corporation

New home, new neighbourhood, same peace of mind!📦Just moved? Here's a quick checklist for your fresh start: ☑️ Update yo...
08/20/2026

New home, new neighbourhood, same peace of mind!📦
Just moved? Here's a quick checklist for your fresh start:
☑️ Update your contact info at your financial institution. In the unlikely event of a member institution failure, we'll communicate with you by mail
☑️ Learn what is covered and what is not: https://www.cdic.ca/depositors/whats-covered/
☑️ Make sure your financial advisors know about CDIC's rules
☑️ Calculate your coverage using CDIC's deposit insurance calculator: https://www.cdic.ca/depositors/videos-and-resources/deposit-insurance-calculator/

Can you crack the code? 🤔 Leave your guess in the comments and swipe to reveal the answer!
08/19/2026

Can you crack the code? 🤔
Leave your guess in the comments and swipe to reveal the answer!

08/17/2026

The Elks are back on top in the West! 👀

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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