History of Member Institution
Failures
Since CDIC was created in 1967, 43 member
institutions have failed.
| Member
Institution |
Year of
Failure |
| |
|
| Commonwealth Trust
Company |
1970 |
| Security Trust Company
Limited |
1972 |
| Astra Trust
Company |
1980 |
| District Trust
Company |
1982 |
| AMIC Mortgage Investment
Corporation |
1983 |
| Crown Trust Company |
1983 |
| Fidelity Trust Company |
1983 |
| Greymac Mortgage
Corporation |
1983 |
| Greymac Trust Company |
1983 |
| Seaway Mortgage
Corporation |
1983 |
| Seaway Trust Company |
1983 |
| Northguard Mortgage
Corporation |
1984 |
| CCB Mortgage Investment
Corporation |
1985 |
| Canadian Commercial Bank |
1985 |
| Continental Trust
Company |
1985 |
| London Loan
Limited |
1985 |
| Northland
Bank |
1985 |
| Pioneer Trust Company |
1985 |
| Western Capital Trust
Company |
1985 |
| Bank of British Columbia |
1986 |
| Bank of British Columbia Mortgage
Corporation |
1986 |
| Columbia Trust Company |
1986 |
| North West Trust Company |
1987 |
| Principal Savings & Trust
Company |
1987 |
| Financial Trust Company |
1988 |
| Settlers Savings and Mortgage
Corporation |
1990 |
| Bank of Credit and Commerce
Canada |
1991 |
| Saskatchewan Trust
Company |
1991 |
| Standard Loan Company |
1991 |
| Standard Trust Company |
1991 |
| Shoppers Trust Company |
1992 |
| Central Guaranty Mortgage
Corporation |
1992 |
| Central Guaranty Trust
Company |
1992 |
| First City Trust Company |
1992 |
| First City Mortgage
Company |
1992 |
| Dominion Trust Company |
1993 |
| Prenor Trust Company of
Canada |
1993 |
| Confederation Trust
Company |
1994 |
| Monarch Trust Company |
1994 |
| Income Trust Company |
1995 |
| North American Trust
Company |
1995 |
| NAL Mortgage Company |
1995 |
| Security Home Mortgage
Corporation |
1996 |
