Your investing questions, our clear answers.

Our response:

The Canadian Investor Protection Fund (CIPF) is a not-for-profit organization. Its mandate is to provide protection to customers of investment dealer and mutual fund dealer firms that are members of the Canadian Investment Regulatory Organization (CIRO). CIPF can return assets to you or compensate you when your assets are not available because a member firm has become insolvent.

You do not have to pay for CIPF coverage. It is free and automatic if you have an account with a CIRO member firm that is used solely for investing in securities or in future contracts.

Learn more about the Canadian Investor Protection Fund at GetSmarterAboutMoney.ca or at CIRO.ca