Investment Insurance

A number of agencies, both government-run and private, currently insure certain types of deposits and other investments against the failure of a sponsoring institution. Failures of financial institutions have been extremely rare in Canada, but this added protection may allow investors to sleep a little more soundly knowing that such back-up exists.† Numerous organizations in different provinces provide insurance on certain investments made available by credit unions in Canada.† These types of insurers are not covered on this site.† Investor protection coverage varies from province to province, because there is no single institution or organization in Canada that provides blanket coverage across the country.

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Best GIC Rates

1 Year 1.05%
2 Year 1.35%
3 Year 1.85%
4 Year 2.00%
5 Year 2.05%

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