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If your financial institution goes bankrupt Add to ...

If your financial institution goes bankrupt, contact one of these organizations to find out how your assets are protected:

The Canada Deposit Insurance Corporation (CDIC)

CDIC protects your money by insuring deposits with member banks, trust companies and loan companies up to $100,000. Learn more about what CDIC covers.

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The Canadian Investor Protection Fund (CIPF)

CIPF protects assets and cash you have invested with brokerage firms up to $1,000,000. Your firm must be a member to be eligible for CIPF coverage. All Investment Industry Regulatory Organization of Canada (IIROC) regulated firms must be members of CIPF. Learn more about how CIPF protects your money.

The Mutual Fund Dealers Association (MFDA) Investor Protection Corporation

The MFDA protects assets and cash you have invested, up to $1,000,000 per client account with member firms. Learn more about how the MFDA protects your money.

Assuris

Assuris protects savings and benefits issued by member insurance companies. Compensation depends on the product you hold. Learn more about how Assuris protects your money.

Content in this section is provided in partnership with Investor Education Fund, a non-profit organization founded and supported by the Ontario Securities Commission that provides unbiased and independent financial tools to help Canadians make better money decisions. To find out more, go to: GetSmarterAboutMoney.ca

Follow us on Twitter: @GlobeInvestor

 

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