The 83 cent recovery means that the funders of CDIC are only on the hook for the remaining 17 cents.  The depositor gets 100 cents back.  This is just more fear-mongering on top of the fear-mongering that Mr Carrick seems determined to carry on with.  Perhaps he cannot find anything useful to contribute to the discussion.  I am actually surprised he stopped short of advising readers to keep their money under the mattress..