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  1. Home — CDIC

    Oct 23, 2025 · CDIC was established by the Government of Canada to protect deposits in case of bank failure. Coverage is free and automatic when you bank with a member institution.

  2. What is CDIC and How Does It Protect Your Money?

    Feb 11, 2026 · Learn how CDIC (Canadian Deposit Insurance Corporation) works, what accounts it protects, how much it covers and how to maximize your coverage.

  3. What You Need to Know About Canadian Deposit Insurance (CDIC)

    Jan 22, 2026 · Learn how the Canadian Deposit Insurance Corporation (CDIC) protects your savings up to $100,000 in Canadian banks, ensuring financial security for depositors.

  4. Canada Deposit Insurance Corporation - Wikipedia

    The Canada Deposit Insurance Corporation (CDIC; French: Société d'assurance-dépôts du Canada) is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to …

  5. Deposit insurance - Canada.ca

    The Canada Deposit Insurance Corporation (CDIC) automatically insures your eligible deposits. This applies to deposits held at CDIC member institutions in Canada.

  6. CDIC coverage: what it is and how it protects your money

    Apr 4, 2023 · The Canada Deposit Insurance Corporation (CDIC) is a Canadian federal Crown corporation created by the Parliament of Canada back in 1967. The goal of CDIC Canada is to …

  7. CDIC Coverage: What You Should Know - NerdWallet Canada

    Feb 7, 2025 · How does CDIC insurance work? Canada Deposit Insurance Corporation protects more than $1 trillion in deposits and aims to maintain a stable Canadian financial system.

  8. Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation that insures more than $1 trillion in deposits held in member institutions. CDIC is fully funded by our members and coverage is …

  9. What's covered — CDIC

    Find out what CDIC considers to be eligible deposits for insurance protection and what deposits CDIC does not protect.

  10. About CDIC

    Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation established by the Government of Canada to protect deposits at our member financial institutions in the rare event of …