I'll be blunt and i'm sure you will find a way to twist this however you want ....
Paxum has the canadian insurance for the money in ewallet YES but we want to be transparent and tell the truth we are not here to bullshit anybody, that insurance is worthless. yes we can brag about it but the truth is that it does not protect the webmaster in any way . The best way is to do your research and see what company has better fees and better service and work with that company by withdrawing your money as soon as you receive it. this is the best insurance you can have to take your money out right away. Paxum has a 2500 a day withdraw limit on the credit card so you could move your money fast. We do not want to sit on peoples money and we don't limit our credit cards to very small daily limits in order to keep captive anybody's money.
btw ...
CDIC = 100k insurance
FDIC = 250k insurance
and yes we are a registered money transfer business in Canada .. search paxum here
http://www10.fintrac-canafe.gc.ca/ms...earch-eng.html