Magua November 30, -0001 at 12:00 amBecause it only needs to insure enough to inspire confidence in the system, and seeing as people use the Canadian banking system, it is successful.Unrelatedly, you can get multiple coverages from the CDIC for having a joint account, accounts at other banks, in Registered Retirement Plans, etc.
Because it only needs to insure enough to inspire confidence in the system, and seeing as people use the Canadian banking system, it is successful.
Unrelatedly, you can get multiple coverages from the CDIC for having a joint account, accounts at other banks, in Registered Retirement Plans, etc.