Many investors are unaware of the benefits provided by the Canada Deposit Insurance Corporation (CDIC) should a member institution fail. By communicating these benefits to your clients, you can reassure them that all or a portion of their life savings will be protected if the financial institution that holds their eligible deposits becomes insolvent and is a member of CDIC. CDIC has prepared a simple continuing education module for financial advisors that includes an examination component.

Download the CDIC Quick Reference Guide