Canada Deposit Insurance Corporation (CDIC)

What is the CDIC?

TD Bank and its Canadian deposit-issuing subsidiaries are proud members of the Canada Deposit Insurance Corporation (CDIC). CDIC is a federal crown corporation – a part of the government of Canada – created by Parliament in 1967 to protect money on deposit in the event a member institution becomes insolvent. CDIC protects eligible deposits to a maximum of $100,000 per depositor and per insured category.

Coverage is free and automatic; customers do not have to apply for it. If a member institution failed, CDIC would reimburse insured deposits (including interest) up to $100,000 per insured category.

To be eligible for deposit insurance, a deposit must be:

• payable in Canada
• in Canadian, US, or foreign currency

Eligible deposits include:

• Savings accounts
• Chequing accounts
• Term deposits/guaranteed investment certificates (GICs)
• Money orders and bank drafts issued by a CDIC member institution
• Certified cheques
• Wires and drafts

The following TD Bank Group entities are CDIC member institutions

• The Toronto-Dominion Bank
• TD Mortgage Corporation
• TD Pacific Mortgage Corporation
• The Canada Trust Company

These entities operate under the trade name TD Canada Trust.

Further Information about CDIC

• Call 1-800-461-CDIC (2342)
• Visit www.cdic.ca

Deposit Insurance

Your deposits may be insurable by the Canada Deposit Insurance Corporation.

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