What Does the Canadian Investor Protection Fund Do for Investors?
If you have an account with a member firm, and that firm fails, CIPF works to ensure that any property being held for you by the firm at that time is given back to you, within certain limits. Property can include cash and securities.
To help you get started, a list of the initial steps that you may wish to take if your firm fails is available on CIPF’s website at www.cipf.ca.