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Why is deposit insurance important?
CDIC understands the vital role that public awareness plays in building confidence and trust in our financial system.
We protect nearly all personal deposits. But if Canadians are not aware, they cannot make informed decisions about the safety of their savings and they don’t benefit from the confidence that comes with knowing their deposits are protected.
That’s why we work hard to keep you informed.
Our research shows that informing Canadians about CDIC or federal deposit protection helps to promote stability in our financial system, including reducing the risk of bank runs.