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Are GICs covered by Canada Deposit Insurance Corporation (CDIC)?

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Yes, GICs are eligible for deposit insurance from CDIC up to $100,000. For more information, call CDIC at 1-800-461-2342 or go to Canada Deposit Insurance Corporation.  

"SIMPLII FINANCIAL" and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec.
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