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CDIC : Insurance for your Canadian Accounts

CDIC or the Canadian Deposit Insurance Corporation is a federal Crown corporation that insures your accounts in a financial institution as long as it is a CDIC member. From 17 billion CAD since its creation in 1967, it has gone on to protect 700 billion today.

The CDIC is funded purely by premiums from CDIC members and doesn’t get a...

Exchanging CAD to USD the smart way

So you want to exchange some Canadian dollars to American but get burnt with the forex rate your bank charges you.

Norbert’s Gambit is a cheap technique to convert Canadian dollars to US dollars and vice versa. You can use this technique to buy US listed stocks or...