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Canada mulls raising bank deposit insurance limit to $150K, expanding coverage for life events.
The Canadian government is considering raising the deposit insurance limit from $100,000 to $150,000 to better protect bank depositors in case of bank failures.
The proposal also includes extending coverage for temporarily high balances due to life events and requiring banks to offer more information about CDIC insurance.
The public consultation on these changes ends on September 26.
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Canadá está considerando elevar el límite de seguro de depósitos bancarios a $150,000, expandiendo la cobertura para eventos de la vida.