Trust & Banking

Canada Deposit Insurance Corporation (CDIC)
Deposit Insurance Information

The Effort Trust Company is a proud member of CDIC. The Effort Trust Company operates under the trade name Effort Trust.

The following Effort Trust instruments or products are eligible for deposit insurance from CDIC, subject to maximum coverage limitations, per insured category and depositor, as outlined by the CDIC brochure "Protecting Your Deposits". CDIC covers deposits in foreign currency, including U.S. funds provided such deposits are payable in Canada.

Deposits in Non-Registered Accounts

  • Daily Interest Chequing/Savings Accounts
  • Cashable Term Deposits
  • Short Term Deposits
  • Guaranteed Investment Certificates ("GICs")
  • Investment Plan Cash Accounts

Deposits in Registered Accounts

  • Registered Retirement Savings Plan ("RRSP") Cash Accounts & Registered Retirement Income Fund ("RRIF") Cash Accounts
  • RRSP& RRIF Term Deposits
  • Self-Directed RRSP Cash Accounts & Self-Directed RRIF Cash Accounts


  • Certified Cheques & Official Cheques
  • Mortgage Property Tax Accounts

For further information about CDIC call 1-800-461-CDIC (2342) or visit .