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Ottawa mulls $150K deposit insurance limit, new $500K limits for non-retail accounts

By Karunjit Singh ( July 22, 2025, 5:11 PM EDT) -- The Department of Finance Canada is considering proposals to raise the federal deposit insurance coverage limit to $150,000 per account category and to introduce a new $500,000 limit for non-retail accounts in a bid to enhance depositor protection, according to a release issued July 22....

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