Key Financial Institutions

Question 1

***Canada Deposit Insurance Corporation (CDIC)

Answer 1

Deposit insurance coverage insured per depositor in each CDIC member institution.

Coverage up to $ 100,000.00

Question 2

***Canadian Investor Protection Fund (CIPF)

Answer 2

Coverage provided for customer’s general account and each sperate account after combination with other separate accounts.

Covers $ 1,000,000.00 for losses of securities, commodity and future contracts, segregated insurance funds and cash

General accounts include: cash, margin, option accounts (non-registered accounts)

Separate Accounts include: RRSP, RRIF, trusts, personal holding companies, partnership accounts, association accounts.