Ottawa considers hiking deposit insurance limit to $150,000
July 22, 2025
The federal government is looking for feedback on changes to Canada’s deposit insurance framework that could see the coverage limit raised to $150,000.
Right now, the Canada Deposit Insurance Corp. will guarantee Canadians’ deposits up to $100,000 in the event of a bank failure as long as they’re held with a member institution.
Unpublished Newswire
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