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Canadian Investor Protection Fund - CIPF
What does it mean?
A Canadian not-for-profit organization designed to protect investors from the bankruptcy of an investment firm.
In Other Words...
While investment firms rarely become insolvent, the CIPF exists to protect the investment accounts of customers.
The size of the fund's resources are close to $300 million.
Related Links
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Related Terms
Bankruptcy | Investment | Solvency
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