In Alberta, the Credit Union Deposit Guarantee Corporation guarantees 100% of deposits and accrued interest without limit. Unlike CDIC coverage, it also covers foreign currency deposits and deposits with maturities longer than 5 years.
The Alberta Government explicitly guarantees the obligations of the Guarantee Corporation. Other provinces may be different.
I have more faith in the Alberta Government's explicit guarantee than the Fed's implied guarantee of CDIC.
The Alberta Government explicitly guarantees the obligations of the Guarantee Corporation. Other provinces may be different.
I have more faith in the Alberta Government's explicit guarantee than the Fed's implied guarantee of CDIC.
