Budget 2026 proposes 1st deposit insurance limit increase in 2 decades
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The federal budget proposes increasing the deposit insurance limit for the first time in 20 years. The CDIC limit will move from $100,000 to $250,000. This change follows years of requests to increase protections for consumers.
The CDIC limit is moving from $100,000 to $250,000 under the federal budget, an increase many have urged for years to protect consumers.
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