Private company

Canada Deposit Insurance Corporation

Logo: Canada Deposit Insurance Corporation, PD, via Wikipedia4

Canadian federal Crown Corporation

The Canada Deposit Insurance Corporation (CDIC; French: Société d'assurance-dépôts du Canada) 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 (and other member institutions) up to C$100,000 in case of a bank failure.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Mar 4, 1967Founded1
  • HeadquartersOttawa1
  • Websitewww.cdic.ca
  • Legal formcorporations enacted by an Act of Parliament3
  • Kind of organizationGovernment entity1
  • LEI549300TVLW3S530Z3J573
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address50 O'Connor Street, 17th floor, K1P 6L2 Ottawa, Canada3

The Canada Deposit Insurance Corporation (CDIC; French: Société d'assurance-dépôts du Canada) 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 (and other member institutions) up to C$100,000 in case of a bank failure.2

Timeline

  1. Mar 4, 1967Founded Founded1