What's Covered, What's Not?
CDIC insures most—but not all—savings. Click on any of the following to find out which are covered and which are not:

Accounts and products insured by CDIC

• savings accounts and chequing accounts
• GICs and other term deposits that mature in 5 years or less
• money orders, certified cheques and bank drafts
• accounts that hold realty taxes on mortgaged properties

Accounts and products must be held at a CDIC member institution and in Canadian dollars.

Accounts and products NOT insured by CDIC

• mutual funds and stocks
• GICs and other term deposits that mature in more than 5 years
• bonds
• Treasury bills

CDIC does NOT insure any accounts or products in U.S. dollars or other foreign currency.

CDIC does NOT insure any accounts or products held in banks or other institutions that are NOT CDIC members.

Accounts and products insured by CDIC UNDER CERTAIN CIRCUMSTANCES— read these pages closely to get the whole picture…

• RRSPs and RRIFs
• debentures

What’s Not Covered

Please Note: This website is designed to give general information about deposit insurance and should not be relied upon as definitive. The actual deposit insurance coverage provided by CDIC following the failure of a member institution is based on the deposit account records at the failed member institution and is governed by the Canada Deposit Insurance Corporation Act.