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.

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+.

We’re proud to support and celebrate the courage and diversity of the 2SLGBTQI+ communities.
06/01/2026

We’re proud to support and celebrate the courage and diversity of the 2SLGBTQI+ communities.

IMPORTANT REMINDER: CDIC does not ask for financial, personal or confidential information by telephone, letter mail, ema...
05/26/2026

IMPORTANT REMINDER: CDIC does not ask for financial, personal or confidential information by telephone, letter mail, email or fax. Learn more:

For your protection, it’s important to stay vigilant and be aware of the types of scams and fraudulent products being used in Canada.

Take the CDIC pop quiz!
05/22/2026

Take the CDIC pop quiz!

Take the CDIC Quiz, hosted by ! Let's test your knowledge of how CDIC protects your eligible deposits in member institutions. How many did you ...

Join us for a fun-filled round of our Financial Literacy Game! 🎾 Navigate through real-life financial situations and pic...
05/21/2026

Join us for a fun-filled round of our Financial Literacy Game! 🎾

Navigate through real-life financial situations and pick up important skills. And guess what? You get points for learning more about CDIC.

So, let's start playing and learning together: https://www.cdic.ca/depositors/financial-literacy/ -financial-literacy-game

7 things you should know about deposit insurance
05/20/2026

7 things you should know about deposit insurance

Join as she explains 7 things you should know about deposit insurance in Canada. Want to know more? Subscribe to our channel, watch our ...

Address

50 O'Connor Street
Ottawa, ON
K1P6L2

Telephone

+18004612342

Website

https://www.facebook.com/SADCCDIC/, https://x.com/CDIC_CA, https://www.instagram.com/CDICSADC/, htt

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