CIPF (Consumer Investor Protection Fund)

website: cipf.ca

The Consumer Investor Protection Fund (CIPF) insures clients of member securities firms against insolvency and bankruptcy. These firms are also members of the Investment Dealers Association (IDA). The maximum coverage is $1,000,000 of cash or securities.

There is no protection against investment losses.
(Segregated funds have guarantees on death and maturity.)

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