Q: Hi,
Would you be reluctant to maintain more than $100K invested in a Canadian financial institution because of the cap on CDIC insurance?
I recently transferred a bunch of dough to Tangerine as its HISA is paying 2%.
I'm not concerned but should I be?
Thanks,
Robert
Would you be reluctant to maintain more than $100K invested in a Canadian financial institution because of the cap on CDIC insurance?
I recently transferred a bunch of dough to Tangerine as its HISA is paying 2%.
I'm not concerned but should I be?
Thanks,
Robert