Your deposits are protected. That's a guarantee!
Download PDF document (pdf - 2 MB)This link will open in a new windowUpdated on 12 August 2019In Québec, the money you deposit in an authorized deposit institution will be repaid to you by the Autorité des marchés financiers (AMF) if the institution goes bankrupt. This deposit protection is automatic and doesn’t cost you anything.
In Québec, the Autorité des marchés financiers (AMF) guarantees your deposits at registered financial institutions, up to $100,000 (principal and accrued interest), subject to certain conditions. Your deposits are therefore guaranteed if an institution has been wound up.