BlogPodium 2017 has ended
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avatar for Canada Deposit Insurance Corporation

Canada Deposit Insurance Corporation

Speed Networking Sponsor

Ever wonder what would happen if your bank failed? What would happen to all the money you have deposited there? Do your readers wonder about it? The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation established 50 years ago to protect Canadians savings against bank failure at all our member institutions. Protection of eligible deposits is free and automatic. Eligible deposits include chequing and savings accounts, GICs, deposits in joint accounts, TFSAs, RRSPs, RESPs and more. We protect close to $750 billion in savings at over 80 member institutions across Canada. But not everything is covered so it’s important to know how deposit insurance works so you can make informed financial decisions.

That is why it is part of our mandate to raise awareness of CDIC in Canada. As part of our approach, we are looking to work with influencers across Canada to help educate their readers on the ins and outs of deposit insurance. Whether you’re a recent graduate, just married, a new parent, caring for an older relative, planning for retirement or retired, it’s important to know how you can keep your hard-earned savings protected.

Note: CDIC is funded by premiums paid by members and does not receive public funds to operate.

Connect with CDIC:
Website www.cdic.ca 
Twitter @CDIC_SADC
LinkedIn Canada Deposit Insurance Corporation
Saturday, September 30