The Deposit Guarantee Corporation of Manitoba levies credit unions and caisses populaires based on member deposits to ensure the guarantee fund is maintained at an appropriate level.
Investment of the Guarantee Fund
The Deposit Guarantee Corporation of Manitoba manages the guarantee fund under a conservative investment policy with the following objectives in order of priority:
- Protect the portfolio from loss of principal
- Ensure sufficient liquidity to meet operating obligations
- Maximize investment returns within the confines of the investment policy