Canada Deposit Insurance Corporation

E560635

The Canada Deposit Insurance Corporation is a federal Crown corporation that protects eligible deposits at member financial institutions in Canada, helping to maintain public confidence in the country’s financial system.

All labels observed (2)

How this entity was disambiguated

Statements (38)

Predicate Object
instanceOf deposit insurance agency
federal Crown corporation
appliesTo eligible deposits in Canadian currency
member financial institutions in Canada
country Canada
excludesFromCoverage bonds
cryptocurrencies
mutual funds
stocks
foundedBy Government of Canada
fundingModel premiums paid by member institutions
hasAbbreviation CDIC
hasCoverageType deposit insurance
hasLegalStatus federal Crown corporation under Canadian law
hasMandate provide deposit insurance and support financial stability in Canada
hasPurpose contribute to the stability of the Canadian financial system
promote public confidence in the financial system
protect eligible deposits at member financial institutions
hasRole resolution authority for member institutions in failure
hasWebsite https://www.cdic.ca
headquartersLocation Ottawa, Ontario, Canada
linked to: Ottawa
industry deposit insurance
isNotForProfit true
isPartOf Canadian financial safety net
jurisdiction Government of Canada
languageOfWork English
French
legalForm Crown corporation
operatesIn Canada
operatesUnder Canada Deposit Insurance Corporation Act
protects certain other eligible depositors
retail depositors
small business depositors
regulates deposit insurance coverage for member institutions
reportsTo Minister of Finance (Canada)
sector financial sector
shortName CDIC
supervisingAuthority Parliament of Canada

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Office of the Superintendent of Financial Institutions cooperatesWith Canada Deposit Insurance Corporation
Finance portfolio (Canada) includesAgency Canada Deposit Insurance Corporation
Guaranteed Investment Certificate isInsuredBy Canada Deposit Insurance Corporation
subject linked to: GICs
Canada Deposit Insurance Corporation operatesUnder Canada Deposit Insurance Corporation Act
linked to: Canada Deposit Insurance Corporation