1. What is CIPF and how does it benefit me?
CIPF is a protection fund that was set up by the investment industry to return, within defined limits, the assets
that you hold in an account at a CIPF Member if the CIPF Member
is not able to return them because it is insolvent.
For more information please refer to the CIPF Coverage Policy.
2. How do I get CIPF coverage and how much does it cost?
If you have an account with a CIPF Member
, you have CIPF protection - coverage is automatic for all eligible customers. You do not pay a fee for CIPF Coverage.
3. Does it matter if I do not live in Canada, or if I am not a Canadian citizen or a Canadian resident?
No. CIPF coverage does not depend upon residency or citizenship. CIPF coverage is available to you when you open an account with a CIPF Member
4. I have accounts with more than one CIPF Member. Is my protection shared over all of the Members?