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The Canada Deposit Insurance Corporation (CDIC) insures bank deposits and GICs to a specified limit. can only be accomplished if the payment has not cleared.

The Canada Deposit Insurance Corporation (CDIC) insures

	bank deposits and GICs to a specified limit.
	can only be accomplished if the payment has not cleared.
	usually occurs in response to a request by the payee.
	GICs, Canada Savings Bonds, and Canada Premium Bonds.

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