The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation created in 1967 to protect your deposits in member financial institutions. Cidel Bank Canada is a member of the Canada Deposit Insurance Corporation.
CDIC Deposit Insurance Information
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ABOUT CDIC
WHAT DOES CDIC INSURE?
CDIC insures Cidel Bank Canada term and demand deposits, subject always to maximum coverage limitations as outlined by the CDIC in Protecting Your Deposits.