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May 05, 2015 10:26 PM ET

Thrifts and Mortgage Finance

Company Overview of Canada Deposit Insurance Corporation

Company Overview

Canada Deposit Insurance Corporation offers deposit insurance services. It insures Canadian’s savings against the failure of a bank or other CDIC member institution. The company was founded in 1967 and is based in Ottawa, Canada.

50 O’Connor Street

17th Floor

Station D

P.O. Box 2340

Ottawa, ON K1P 5W5


Founded in 1967





Key Executives for Canada Deposit Insurance Corporation

President and Chief Executive Officer
Vice President of Finance and Administration and Chief Financial Officer
Vice President of Corporate Affairs, General Counsel and Corporate Secretary
Senior Vice President of Insurance and Risk Assessment
Compensation as of Fiscal Year 2014.

Canada Deposit Insurance Corporation Key Developments

Federal Deposit Insurance Corporation Announces Memorandum of Understanding with Canada Deposit Insurance Corporation

Federal Deposit Insurance Corporation announced the signing of a memorandum of understanding with Canada Deposit Insurance Corporation that formalizes and strengthens cross-border cooperation in the event of the failure of a large, complex financial institution operating in both countries. The agreement builds on the existing relationship between the FDIC and CDIC by enhancing and strengthening their consultation and cooperation and exchange of information related to crisis management and contingency planning, both during normal business times and during periods of financial stress.

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