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Can you please answer this question for me? Deposits up to $100,000 are insured in Canada. What does this signify in terms of expense and

Can you please answer this question for me?

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Deposits up to $100,000 are insured in Canada. What does this signify in terms of expense and risk for the CDIC? Your checking, savings, and GIC account balances will all be covered by the CDIC up to a maximum of $100,000 if your Bank fails (Piazzesi & Schneider, 2019). You could receive even

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