Question

The Canada Deposit Insurance Corporation (CDIC) insures O A. your chequing accounts for a small charge to the depositor. OB.
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Answer #1

Hello Sir/ Mam

Your required answer is option B : bank deposits and GICs to specified limit.

CDIC insures the deposits made by Canadian people in CAD in banks and Guaranteed Investment Certificates upto a limit of CAD$100,000.

I hope this solves your doubt.

Feel free to comment if you still have any query or need something else. I'll help asap.

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