Regardless of the financial institution, large or small, there is no risk of losing the money deposited in your chequing account if it is below $100,000. It is the maximum insurable amount defined by the Canada Deposit Insurance Corporation (CDIC). Every Canadian bank is a member of the CDIC. Other types of institutions are also members, like insurance companies, financial cooperatives and more. If you want to make sure that your money is secure, visit the CDIC website to verify if your institution is a member.