Itrade accounts insured? or is it considered a bank account?If you have money in Scotia itrade is the money availble to Scotiabank with the new bail in laws?
I sent an email this week and itrade did not respond...so if we have a run on the banks the cdic will insure your funds to 100k and after that your money can support the bank if needed....my question is simple, most folks have more money in their itrade accounts with rrsp's and tfsa's etc....if you have over 100k in those accounts and if they use the bail in law during a crisis...can they take your money?
I cant find the answer to this...love to have someone share info on this.