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Canadian Deposit Insurance Corporation (CDIC)

What is 'Canadian Deposit Insurance Corporation - CDIC '

A crown corporation owned by the Canadian government that insures bank deposits up to C$100,000 per personal account held in member Canadian banks in they event that the financial institution fails. The corporation was formed under the Financial Administration Act and Canada Deposit Insurance Corporation Act in 1967. The CDIC is similar to the Federal Deposit Insurance Corporation in the United States.

Explaining 'Canadian Deposit Insurance Corporation - CDIC '

Between 1967 and 2008, Canada experience the failure of 43 financial instutions, all of which were CDIC member banks. When using a bank in either in the United States or Canada, FDIC or CDIC membership is important to consider, as it provides depositors with some insurance against losing their savings.


Further Reading


Bank moral hazard and the introduction of official deposit insurance in Canada
www.sciencedirect.com [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

Market valuation of bank assets and deposit insurance in CanadaMarket valuation of bank assets and deposit insurance in Canada
www.jstor.org [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

Wealth and risk effects of adopting deposit insurance in Canada: Evidence of risk shifting by banks and trust companiesWealth and risk effects of adopting deposit insurance in Canada: Evidence of risk shifting by banks and trust companies
onlinelibrary.wiley.com [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

Market valuation and risk assessment of Canadian banksMarket valuation and risk assessment of Canadian banks
ageconsearch.umn.edu [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

Comprehensive Early Warning System and the Experience of the Canada Deposit Insurance Corporation (CDIC)Comprehensive Early Warning System and the Experience of the Canada Deposit Insurance Corporation (CDIC)
ideas.repec.org [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

The deposit insurance system in canada: problems and proposals for changeThe deposit insurance system in canada: problems and proposals for change
www.jstor.org [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

Comparing depository institution difficulties in Canada, the United States, and the Nordic countriesComparing depository institution difficulties in Canada, the United States, and the Nordic countries
www.jstor.org [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …

The deposit insurer's role in maintaining financial stabilityThe deposit insurer's role in maintaining financial stability
books.google.com [PDF]
… This implies that these organizations do not share costs of higher DI premiums or the benefit of lower DI premiums with their deposit and loan customers … Hypothesis 2 (H02). After the establishment of the fixed-rate DI in Canada in 1967 Canadian chartered banks have …


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