Mutual funds securities are not guaranteed nor covered by any government deposit insurer. (bmo.com)
The provinces also have their own deposit insurers that protect deposits at provincial credit unions. (moneysense.ca)
Neither the Private Investment Management service nor any of the securities purchased as part of the Private Investment Management service are guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer. (hsbc.ca)