Canadian Investor Protection Fund

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Canadian Investor Protection Fund

A not-for-profit organization mandated under Canadian law to insure investors against the potential bankruptcy of a broker-dealer. If a broker or dealer goes bankrupt after a client has entrusted it with cash or securities, the CIPF will compensate the client up to $1 million. Over 200 brokers, dealers, and others are members of the CIPF, and fund its activities. It is important to note that the CIPF does not insure against losses by investors, only against the possibility that a broker-dealer may be unable to conduct a transaction because of bankruptcy.
References in periodicals archive ?
The team has already started work in the collaborative laboratory and we are putting the final touches to the legal agreement setting up the collaborative lab which will facilitate a closer relationship in the future between CIPF and North East England Stem Cell Institute (NESCI).
Organizations like AGC and CIPF spotted the impending bubble of Baby Boomer attrition years ago and actively instigated training and recruitment efforts to attract new, young workers to the industry's trade crafts.
Al-Sunni has referred to the role of CIPF in the field of people's diplomacy and external work, affirming the importance of cooperation between CIPF and the National Assembly in this field.
is a participating organization with the Toronto Stock Exchange, the Montreal Exchange, the CNQ Exchange and the TSX Venture Exchange, is regulated by the Investment Industry Regulatory Organization of Canada, is a member of the CIPF, CDCC and CDS and subscribes to various Canadian Alternative Trading Systems.
Abdul-Moniem Al-Sonni, noted that the visit of the Ethiopian public diplomacy delegation to the Sudan would transfere the relations between the two countries to a popular one among the civil societies in the two couuntries, indicating that the CIPF consideres relations between the two countries as firm and strategic via which interests are exchanged in the various domains.
Engineer Al-Sunni, on his part, underscored CIPF keenness to reviving people relations with Canada to include various spheres as well as exchange of visits in the coming period.