Canada Deposit Insurance Corporation / CDIC

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50 O'Connor St
17th Floor
Ottawa, ON K1P 6L2
Established in 1967, CDIC is a Crown corporation that provides deposit insurance.

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Canada Deposit Insurance Corporation / CDIC
CDIC staff collaborate at work  

Recognized as one of National Capital Region's Top Employers (2025):

By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Mar 3, 2025)

Here are some of the reasons why Canada Deposit Insurance Corporation / CDIC was selected as one of National Capital Region's Top Employers (2025):

  • CDIC encourages employees to become recruiters for the firm with generous new employee referral bonuses, to $2,500 for successful hires
  • CDIC supports employees in lifelong learning with generous tuition subsidies for job-related courses, to $10,000 per year -- employees may also receive up to three paid days of educational leave to study and take exams
  • CDIC is a family-friendly employer, offering maternity and parental leave top-up at 93 per cent of salary (for a full year for mothers and up to 36 weeks for fathers) -- employees also receive five personal days that can be used at their discretion and get more out of their summer weekends with early closures on Fridays
An employee at CDIC does yoga at work  

    Highlights

    Industry Financial deposit insurance
    Established in Canada 1967
    Major Canadian locations Toronto ON, Ottawa ON
    Full-time employees in Canada 214
    Part-time employees in Canada 11
    Average age of employees in Canada 41.49 years
    Longest serving employee 33.93 years
    Benefits note Canada Deposit Insurance Corporation / CDIC has multiple employee groups, the following programs and policies may vary by position
    Flexible work options hybrid work option, flexible work hours, 35-hour work week (with full pay), compressed work week, shortened work week (fewer hours with less pay), reduced summer hours
    Long-term savings defined-benefit (DB) pension
    Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
    Wellness spending account up to $750 each year
    Mental health practitioner benefit up to $5,000 each year
    Maternity top-up (mothers) up to 93% of salary for 16 weeks
    Parental top-up (mothers) up to 93% of salary for 36 weeks
    Parental top-up (fathers) up to 93% of salary for 36 weeks
    Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
    Outside survey period outside consultant surveys are held every 12 months
    Employee performance reviews employees receive individual performance reviews every 12 months
    In-house training initiatives in-house training, online training, mentoring, leadership development programs, paid internships
    Annual tuition maximum employer pays up to $10,000 in tuition subsidies for job-related courses per year
    Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 3 paid days)

    The Career Directory

    Canada Deposit Insurance Corporation / CDIC has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
    CDIC collaborate at the office

      Highlights for New Grads

      Industry Financial deposit insurance
      Full-time employees in Canada 101 to 250
      Major Canadian locations Toronto ON, Ottawa ON
      Student opportunities paid internships, summer jobs, co-op opportunities
      Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, in-house career planning services, leadership training
      Annual tuition maximum employer pays up to $10,000 in tuition subsidies for job-related courses per year
      Typical new grad positions Human Resources, Finance, Accounting, Economics, Audit, Legal Services, Policy & Governance, International Relations, Cyber Security, IT, Communications, Risk Management
      Starting salary $50K to $60K
      Work benefits health benefits for new employees, flexible work hours, employees receive paid time off to volunteer
      Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

      Academic fields recruited

      Recruits at these schools

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