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Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Finance

Canada Deposit Insurance Corporation

The Canada Deposit Insurance Corporation (CDIC; French: Société d'assurance-dépôts du Canada) is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions. CDIC insures Canadians' deposits held at Canadian banks (and other member institutions) up to C$100,000 in case of a bank failur

Banking

Tax-free savings account

A tax-free savings account (TFSA, French: Compte d'épargne libre d'impôt, CELI) is an account available in Canada that provides tax advantages for saving and investing. Investment income, including capital gains and dividends, earned in a TFSA is generally not taxed, even when withdrawn. Contributions to a TFSA are not deductible for income tax purposes, unlike contributions to a registe