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.
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 NERFINISHED ⓘ |
| fundingModel | premiums paid by member institutions ⓘ |
| hasAbbreviation | CDIC NERFINISHED ⓘ |
| 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
ⓘ
surface form:
Ottawa, Ontario, Canada
|
| industry | deposit insurance ⓘ |
| isNotForProfit | true ⓘ |
| isPartOf | Canadian financial safety net ⓘ |
| jurisdiction |
Canadian federal government (Ottawa)
ⓘ
surface form:
Government of Canada
|
| languageOfWork |
English
ⓘ
French ⓘ |
| legalForm | Crown corporation ⓘ |
| operatesIn | Canada ⓘ |
| operatesUnder | Canada Deposit Insurance Corporation Act NERFINISHED ⓘ |
| protects |
certain other eligible depositors
ⓘ
retail depositors ⓘ small business depositors ⓘ |
| regulates | deposit insurance coverage for member institutions ⓘ |
| reportsTo | Minister of Finance (Canada) NERFINISHED ⓘ |
| sector | financial sector ⓘ |
| shortName | CDIC NERFINISHED ⓘ |
| supervisingAuthority | Parliament of Canada NERFINISHED ⓘ |
Referenced by (2)
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
ⓘ