[Ep. 187] How Your Money Is Protected at the Bank with Brad Evenson

Have you ever heard from someone that if a bank fails (goes bankrupt), you’ll lose all the money you had their? Because that is 100% false! You see, there’s a little thing called the Canada Deposit Insurance Corporation (CDIC) and Brad Evenson, the Director of Communications and Public Affairs of CDIC joins me for this bonus podcast episode to discuss in-depth how all Canadians are protected.

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CDIC Deposit Insurance. It's what's available to all Canadians to protect our savings at the bank. I break it all down in my latest post.

Your money is safe at the bank thanks to CDIC Deposit Insurance (Canada Deposit Insurance Corporation). If your bank goes bankrupt, you WILL NOT lose all your savings thanks to CDIC. Learn more in my blog post. #depositinsurance #CDIC #banking #savings
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