Canadian Investor Protection Fund (CIPF)

The Canadian Investor Protection Fund exists to protect your cash and securities in the unlikely event that your investment dealer becomes bankrupt. Investment dealer bankruptcy doesn’t happen very often. That’s because each of CIPF’s Sponsors, the Securities Commissions, and CIPF require that CIPF Members comply with regulatory procedures.

Visit their Web site at www.cipf.ca.

† For a maximum loss of $1 million.
º As determined eligible for protection by CIPF.
 

Invesment Dealers Association (IDA)

The IDA’s mission is to “protect investors, foster market integrity and enhance the efficiency and competitiveness of the Canadian capital markets”. Their membership includes “more than 200 investment dealers who play an essential role in the Canadian economy by raising capital for governments and businesses and by helping individuals and institutions invest with confidence in open and fair capital markets.”

The IDA has also been involved in industry education for over half a century, offering courses to develop the skills of investment professionals. They have offices in Montreal, Toronto, Calgary, and Vancouver.

Visit their Web site at www.ida.ca.