Canada Deposit Insurance Corporation: Notice of CDIC’s 2024 Annual Public Meeting: “Our unwavering focus to protect depositors”
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Notice of CDIC's 2024 Annual Public Meeting: "Our unwavering focus to protect depositors" Friday 04 October 2024 01:06 PM UTC+00 | Tags: cdic-news The Board of Directors of the Canada Deposit Insurance Corporation (CDIC) is pleased to announce that its 2024 Annual Public Meeting will be held via live bilingual webcast on November 6, 2024, from 2:00 p.m. to 3:00 p.m. ET. Leah Anderson, President and Chief Executive Officer, and Robert Sanderson, Chair of the Board, will be joined by members of senior management to discuss how CDIC protects depositors and promotes financial stability by focusing on depositor confidence, resolution readiness, and organizational strength in a dynamic operating environment. The Annual Public Meeting will address key issues and initiatives outlined in CDIC's 2024 Annual Report. Members of the public are invited to participate virtually and ask questions in advance by e-mailing smenquiries@cdic.ca, or by sending a tweet or direct message to @CDIC_CA in English or @SADC_CA in French. A selection of questions will be covered during the meeting with the remainder posted to CDIC.ca. We look forward to having you join us. Follow us on Meta, X(Twitter), Instagram and LinkedIn for regular updates. Event detailsThe event will take place via live webcast on November 6, from 2:00 p.m. to 3:00 p.m. ET. Please visit our registration page for a link to the webcast. About CDICCDIC is a federal Crown corporation, established by Parliament in 1967. We protect people's insured deposits and contribute to financial stability by safeguarding over $1 trillion in deposits at more than 80 member institutions. As resolution authority, we are responsible for handling the failure of any of our members, from the smallest to the largest. Our members include banks, federally regulated credit unions, as well as trust and loan companies. We are funded by premiums paid by member institutions and do not receive public funds to operate. We have resolved 43 member failures to date, affecting some two million depositors. No one has ever lost any money under CDIC protection. – 30 – For further informationTamara Mason The post Notice of CDIC's 2024 Annual Public Meeting: "Our unwavering focus to protect depositors" appeared first on CDIC. Tags:
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