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CDIC works hard to protect your savings. In the unlikely event of a CDIC member institution failure, CDIC provides access to insured funds (including interest) within days. Coverage is free and automatic. You don’t have to apply for it. What can you do? ☑️ Stay informed by learning what is covered and what is not ☑️Keep your contact information at your financial institution up-to-date so CDIC can send payment if necessary ☑️Make sure your financial advisors or brokers know about CDIC’s rules for deposit protection ☑️Calculate your coverage by using CDIC’s deposit insurance calculator: https://www.cdic.ca/depositors/videos-and-resources/deposit-insurance-calculator/