Canada Deposit Insurance Corporation photograph

Canada Deposit Insurance Corporation

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HeadquartersOttawa
Canada
FoundedMarch 4
1967
Minister responsible Bill Morneau
Minister of Finance
Agency executiveRobert Sanderson, Chair of the Board
Jurisdiction Canada
Date of Reg.
Date of Upd.
ID2367291
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About Canada Deposit Insurance Corporation


The Canada Deposit Insurance Corporation is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions. CDIC insures Canadians' deposits held at Canadian banks up to C$100,000 in case of a bank failure.

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