The CDIC insures all accounts in each member Canadian financial institution for up to
$6000 per individual at one bank.

Name: The CDIC insures all accounts in each member Canadian financial institution for up to $6000 per individual at one bank.
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The CDIC insures eligible deposits up to $100,000 per insured category, per member institution. It is important to note that not all deposits are eligible for CDIC coverage, such as foreign currency deposits and investments in stocks, bonds, and mutual funds.

The CDIC Insures All Accounts in Each Member Canadian Financial