Protecting your deposits – that's what we do.

What’s covered

Eligible deposits

  • Deposits in Canadian or foreign currency (including via payroll, Interac e-transfer, or cheque)
  • Guaranteed Investment Certificates (GICs)
  • Other term deposits

Products that are not eligible

  • Mutual funds
  • Stocks and bonds
  • Exchange Traded Funds (ETFs)
  • Cryptocurrencies

How deposit insurance works

CDIC insures eligible deposits if a member institution fails. Each category is insured separately up to $100,000, including principal and interest. Depositors holding deposits in more than one category can have more than $100,000 in total coverage.

Each member institution has their own distinct coverage, though the rules are applied the same way for all. Use our search tool to check if you bank with a member institution.

Categories

Deposit insurance is free and automatic.

Our calculator can help you understand coverage. Protection is based on several deposit categories that keep your money safe throughout your life.

Calculate your coverage
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.