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Question 40 (1 point) Which of the following statements is NOT TRUE for Canada? O The CDIC insures all Canadian dollar and foreign currency deposits

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Question 40 (1 point) Which of the following statements is NOT TRUE for Canada? O The CDIC insures all Canadian dollar and foreign currency deposits by Canadians to a maximum of $100,000. O The CDIC does not insure mutual funds and stocks The CDIC does not insure government of Canada Treasury bills. O The CDIC insures GIC's and other short term deposits that mature in less than five years CDIC stands for Canada Deposit Insurance Corporation

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