www.cdic.ca Open in urlscan Pro
104.66.232.194  Public Scan

Form analysis
2 forms found in the DOM

GET https://www.cdic.ca/

<form role="search" method="get" class="search-form" action="https://www.cdic.ca/">
  <!-- <div class="container"> -->
  <!-- <div class="row"> -->
  <!-- <div class="col-10"> -->
  <label style="width: 100%;">
    <span class="screen-reader-text">Search for:</span>
    <input type="text" class="search-field" placeholder="What would you like to search?" value="" name="s" title="Search for:" style="width: 100%;">
  </label>
  <!-- </div> -->
  <!-- <div class="col-2"> -->
  <input aria-label="Submit" type="submit" class="search-submit default-button" value="Search">
  <!-- </div> -->
  <!-- </div> -->
  <!-- </div> -->
</form>

POST

<form id="fileUploadForm" enctype="multipart/form-data" method="post" target="fileUploadIframe"><input type="file" id="fileSelector" name="file" style="display: none;"><input name="filename" type="hidden"></form>

Text Content

Skip to content

Search

Menu

 * Careers
 * Contact us
 * List of Members
 * Français


 * Your coverage
   * Protecting your deposits
   * How deposit insurance works
   * Why is Deposit Insurance important?
   * Women & Money
   * Tools and videos
   * Deposit Insurance Calculator
   * List of Members
   * Financial Products: Prepaid Cards
   * FAQs
 * Financial Community and Trustees
   * For Member Institutions
   * For Brokers and other financial professionals
   * For Trustees
   * Training and learning
   * Content corner
 * Newsroom
   * News releases
   * Speeches
   * Media interviews and podcasts
   * Industry news and events
 * About CDIC
   * Our history
   * Organizational Structure
   * Reports and Disclosure
 * What Happens in a Failure
   * Resolution of large banks
   * Resolution of small and medium-size banks
   * Stabilization Tools
   * Reimbursement of insured deposits
   * Resolution coordination
   * Resolution funding
   * Compensation for creditors and shareholders in a failure

 * Search

 * Your coverage
   * Protecting your deposits
   * How deposit insurance works
   * Why is Deposit Insurance important?
   * Women & Money
   * Tools and videos
   * Deposit Insurance Calculator
   * List of Members
   * Financial Products: Prepaid Cards
   * FAQs
 * Financial Community and Trustees
   * For Member Institutions
   * For Brokers and other financial professionals
   * For Trustees
   * Training and learning
   * Content corner
 * Newsroom
   * News releases
   * Speeches
   * Media interviews and podcasts
   * Industry news and events
 * About CDIC
   * Our history
   * Organizational Structure
   * Reports and Disclosure
 * What Happens in a Failure
   * Resolution of large banks
   * Resolution of small and medium-size banks
   * Stabilization Tools
   * Reimbursement of insured deposits
   * Resolution coordination
   * Resolution funding
   * Compensation for creditors and shareholders in a failure

 * Search

 * Careers
 * Contact us
 * List of Members
 * Français


Search for:

Your coverage

 * home
 *  / 
 * Your coverage
 *  / 
 * How deposit insurance works

Notice:

As of April 30, 2022, CDIC protection is expanded to include Registered
Education Savings Plans and Registered Disability Savings Plans. There are also
new rules for deposits held in trust. These changes are part of the Government
of Canada’s commitment to modernize and enhance CDIC deposit protection to
reflect how Canadians bank and save.




HOW DEPOSIT INSURANCE WORKS

We protect your eligible deposits that are held in our CDIC member institutions.
Many people deposit money into more than one account or financial product. We
insure eligible deposits for up to $100,000 (including principal and interest)
at each member institution, for each of the following categories:


COVERAGE AND CATEGORIES

Deposits held in one name

CDIC insures eligible deposits held in the name of one depositor separately from
other categories up to $100,000.

Deposits held in more than one name

Joint deposits are those held in the names of two or more people. Coverage for
joint accounts is for a total of up to $100,000 regardless of the number of
joint depositors.

Deposits held in a registered retirement savings plan (RRSP)

Eligible deposits in a RRSP are protected up to $100,000 separately from
eligible deposits in other categories.

Deposits held in a registered retirement income fund (RRIF)

Eligible deposits in a RRIF are protected up to $100,000 separately from
eligible deposits in other categories.

Deposits held in a tax-free savings account (TFSA)

Eligible deposits in a TFSA are protected up to $100,000 separately from
eligible deposits in other categories.

Deposits held in a Registered Education Savings Plan (RESP)

Eligible deposits in a Registered Education Savings Plan (RESP) are protected up
to $100,000 per beneficiary, separately from eligible deposits held in other
categories.

Deposits held in a Registered Disability Savings Plan (RDSP)

Eligible deposits in a Registered Disability Savings Plan (RDSP) are protected
up to $100,000 per beneficiary, separately from eligible deposits held in other
categories.

Deposits held in trust

CDIC insures up to $100,000 for each beneficiary named in a trust, provided
certain disclosure rules are met.



Back to top

Canada Deposit Insurance Corporation

Facebook (Opens in new tab)

Twitter (Opens in new tab)

Linkedin (Opens in new tab)

Youtube (Opens in new tab)

RSS (Opens in new tab)

 * Your coverage
 * Financial Community and Trustees
 * Newsroom
 * Français


 * About CDIC
 * What Happens in a Failure
 * List of Members
 * Glossary


 * Terms of Use
 * Privacy & Access to information
 * Website Privacy Notice



Facebook (Opens in new tab)

Twitter (Opens in new tab)

Linkedin (Opens in new tab)

Youtube (Opens in new tab)

We use cookies to improve functionality and performance. By clicking "OK" or by
continuing to browse this site, you agree to the use of cookies. To find out
more, visit the cookies section of our privacy policy.

OK

Notifications




Live chat:Chat with CDIC