Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation created by Parliament. CDIC insures Canadians’ savings in case their bank or other CDIC member institution fails or goes bankrupt. CDIC is NOT a bank. CDIC is NOT a private insurance company.
The following instruments and/or products of Industrial Alliance trust inc. are deposits eligible for deposit insurance from the Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined in their brochure Protecting your Deposits and provided they are in Canadian funds, are payable in Canada, and have a term of no more than 5 years.
IA Trust 1 to 5 year-term Guaranteed Investment Certificates
RRSP, RRIF, TFSA and Non-registered Savings Account
High Interest Tax-Free Savings Account
Guaranteed investment certificates in a:
Group RSP (Group Retirement Plan)
Guaranteed investment certificates in a:
Group RPP (Defined Contribution Registered Pension Plan) Group SPP (Simplified Pension Plan) Group IRP (Individual Retirement Plan)
Guaranteed investment certificates in a:
Group DPSP (Deferred Profit Sharing Plan)
Guaranteed investment certificates in a:
Group RIF (Retirement Income Fund) Group LIF (Life Income Fund)
For more information, contact the CDIC by dialling 1 800 461 CDIC (2342), or consult the CDIC website at www.sadc.ca.