4 F. }% ^5 x9 W# G' N# ]/ A . G: f. j m9 o6 _2 G; B3 f" jWhere you got the information??? & {! E; j" N0 B/ B5 j5 T l9 u1 j" R0 U9 U: _9 x
CDIC covers up to $100,000 (including principal and interest), incl: saving & checking account; GICs not longer than 5 years term; money order, certified cheques, etc.8 D4 m# e% x8 O7 h$ g
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So, the maximum saved in each bank better not more than $100k.