Since the inception of this blog, I've received numerous emails from readers asking where to put larger deposits. Most know about CDIC (Canada Deposit Insurance Corporation) and how it protects most accounts up to $100,000, but what about amounts greater than $100,000? What do you do then? What exactly happens to your money if a bank or brokerage goes bankrupt? Since I haven't written about them yet, lets take a look at the two major account insurances in Canada, CDIC and CPIF. Canada D...
