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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?

No, you have full CIPF protection at each CIPF Member that you deal with as a customer.