Definition
CDIC insures eligible deposits (savings accounts, chequing accounts, GICs and other term deposits, and foreign-currency deposits) at member banks, trust companies, and loan companies up to $100,000 per insured category per member institution. The nine categories are: (1) deposits in one name, (2) joint deposits, (3) deposits held in an RRSP, (4) deposits held in an RRIF, (5) deposits held in a TFSA, (6) deposits held in an RDSP, (7) deposits held in an RESP, (8) deposits held in an FHSA, and (9) deposits held in trust. Because each category is insured separately, a depositor with eligible deposits in all nine categories at a single CDIC member could receive protection on up to $900,000 in total. CDIC does NOT insure mutual funds, stocks, bonds, ETFs or crypto. Since April 30, 2020, foreign-currency deposits have been eligible for coverage (previously excluded). Verification: cdic.ca publishes the current coverage list.
Source
Canada Deposit Insurance Corporation Act; CDIC Deposit Protection Information (cdic.ca); Budget 2020 amendments