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What is CDIC Insurance?
What is CDIC Insurance?

In Canada, eligible deposits (like savings accounts, GICs, money orders, and more) can be covered by something called Canada Deposit Insurance Corporation (CDIC) Insurance if the financial institution holding the deposit is a CDIC member. CDIC protects eligible deposits, up to $100,000 per insured category, in case a member...

April 8th, 2021 | Preet Banerjee