CIPF’s Mandate - Canadian Investor Protection Fund Canadian Investor Protection Fund English franais Investment Advisors | Members AAA Menu Home About Us CIPF’s Mandate The Segregated Funds Governance Affiliations History of CIPF Careers CIPF Coverage About CIPF Coverage When a Member is Insolvent Case Studies Coverage Policy Claims Procedures Recent Past Insolvencies Member Directory CIPF Investment Dealer Member Firms CIPF Mutual Fund Dealer Member Firms Past CIPF Member Firms News & Publications FAQs Contact Us Search Search When autocomplete results are available use up and down arrows to review and enter to select. CIPF’s Mandate Facebook Twitter Linkedin Home About Us CIPF’s Mandate CIPF’s Mandate CIPF’s mandate was established by Canada’s provincial and territorial securities regulators. CIPF is authorized to provide protection within prescribed limits to eligible clients of member firms suffering losses if client property comprising securities, cash, and other property held by such member firms is unavailable as a result of the insolvency of the member firm. What Does this Mean? CIPF’s mandate is to provide protection to customers of Canadian Investment Regulatory Organization (CIRO) Members who have suffered or may suffer financial losses as a result of the insolvency of CIRO Member, all on such terms and conditions as may be determined by CIPF in its sole discretion and, in connection with such coverage, to engage in risk management activities to minimize the likelihood of such losses. In practical terms, if a member firm becomes insolvent, it can no longer carry on the function of holding securities, cash or other property for its clients. As a result, it is generally necessary to transfer this function to another firm. Client accounts may be moved to another member firm so that clients can access their accounts. It is not within CIPF’s mandate to provide investor protection against any other type of risk or loss. CIPF’s mandate neither guarantees nor protects the value of a security. In addition, CIPF’s mandate does not extend to providing protection against losses resulting from any of the following: investments that were not suitable for a client fraudulent or other misrepresentations that were made to a client misleading information that was given to a client important information that was not disclosed to a client poor investment advice that was given to a client For further information on the nature of CIPF protection, see What Does CIPF Cover? Share × Have a Question? Just Ask! ASK US About Us CIPF’s Mandate The Segregated Funds Governance Affiliations History of CIPF Careers CIPF Coverage About CIPF Coverage Case Studies Coverage Policy Claims Procedures Recent Past Insolvencies Facebook Twitter Linkedin All Rights Reserved. Copyright 2026 CIPF Glossary | Legal Notices | Sitemap | Accessibility | Privacy Policy Please select your language of preference to continue veuillez sélectionner votre langue de préférence pour continuer English Français CIPF uses cookies to enhance convenience and use of its website. By clicking “OK” or by continuing to browse this website, you agree to the use of the cookies. To find out more, please visit our Privacy Policy. OK Top of Page