Canada Savings Bonds are investment instruments offered by the government of Canada on sale between October and April every year. Unlike a true marketable bond, Canada Savings Bonds or CSBs are a debentures. The financial product is issued by the Bank of Canada and offers a competitive rate of interest and guaranteed minimum interest rate.
Canada [...]
All this month, the federal government has been hawking its 10-year Canada Savings Bonds Series 120 through a constant stream of television commercials. You have only a few days until the November 1 deadline to buy the bonds that pay an annual interest rate of 0.4 per cent. Don’t rush.
The bonds carry the lowest [...]
What is the Payroll Saving Program?
The Government of Canada Payroll Savings Program, provided through the Bank of Canada, is a flexible and convenient way of saving. Employees are offered the opportunity to purchase bonds through payroll deductions.
Who is eligible to paricipate?
Government of Yukon indeterminate, term and seasonal employees each year.
When can [...]
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