Ottawa considers hiking deposit insurance limit to $150,000 | Unpublished
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Source Feed: The Globe and Mail
Publication Date: July 22, 2025 - 12:07

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Unpublished Newswire

 
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