Which entity acts to protect depositors from a bank run by insuring all deposits up to $100 000?

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CDIC stands for the Canada Deposit Insurance Corporation, which is a federal agency responsible for insuring all deposits up to $100 000 in case of a bank failure or financial crisis. The CDIC ensures that depositors do not lose their savings and maintains public confidence in the banking system, ultimately contributing to financial stability in Canada. Options B), C), and D) do not have responsibility for insuring deposits or protecting depositors in case of a bank run.

Which Entity Acts to Protect Depositors from a Bank Run