Trade name refers here to a trade name used by the CDIC member institution. Eligible deposits made under a trade name are aggregately protected up to $100,000 (principal and interest combined, calculated in Canadian dollars), per insured category, per CDIC member institution.
Although still active, this type of account is no longer offered by Laurentian Bank.
Conventional Retirement Savings Plan.
Conventional Retirement Savings Plan, Locked-In Retirement Account, Group Retirement Savings Plan and Fixed-Term Annuity Savings Plan.
Tactical Retirement Savings Plan, Tactical Group Retirement Savings Plan, Tactical Retirement Income Fund, Tactical Life Income Fund and Tactical Locked-In Retirement Account.
Self-Directed Retirement Savings Plan, Self-Directed Locked-In Retirement Account, Self-Directed Fixed-Term Annuity Registered Savings Plan and Self-Directed Retirement Income Fund.
Mortgage tax accounts will be combined with eligible deposits in other categories, such as savings in one name, and will no longer be eligible for separate coverage.
Available only for existing clients and through an online application on LBC Digital. For more details, refer to https://www.lbcdigital.ca/en/index.
GIC offered through online applications on LBC Digital are non-registered and non- redeemable. For more details, refer to https://www.lbcdigital.ca/en/index.
Professional trustee means any of the following who is not a nominee broker:
the public trustee of a province or a similar public official whose duties involve holding moneys in trust for others;
a federal, provincial or municipal government, or a department or agency of such a government;
a lawyer or partnership of lawyers, a law corporation, or a notary or partnership of notaries in the province of Quebec, when they act in that capacity as a trustee of moneys for others;
a person who is acting as a trustee of moneys for others in the course of business and is required by or under a statute to hold the deposit in trust;
a person who is acting as a trustee of moneys for others in the course of business and is subject to the rules of a securities commission, stock exchange or other regulatory or self-regulating organization that audits compliance with those rules; or
a regulated federal or provincial trust company acting in the capacity of a depositor.