The Canada Savings Bond was created in 1946 by the Government of Canada to help Canadians reach their savings and investment goals. Canada Savings Bonds now include two product types: the Canada Savings Bond (CSB) and the Canada Premium Bond (CPB). Click here for information on the CPB. The Canada Savings Bond, with guaranteed returns and the option of redeeming at any time, gives you both maximum flexibility and security. The CSB is fully backed by the Government of Canada.

You can buy directly by calling toll-free 1 888 773-9999, Monday to Friday from 8 am to 8 pm, Eastern Time; You can also purchase the CSB at most banks, credit unions, caisses populaires or trust companies across Canada, as well as through most full service investment dealers and discount brokerage companies; You can buy it through the Payroll Savings Program at work with regular deductions from each pay if your employer is a sponsor.

Yes ? as indicated in Section 2 of the CSB Payroll Application Form, you may choose to add the name of the co-owner/owner of the bonds. You must tell us how much you would like to re-direct to each Plan. However, if you don't relay this information directly to Customer Service at 1 877 899-3599, Monday to Friday, 8 am to 8 pm, Eastern Time, then the new deduction amount will automatically be pro-rated across each of the Plans.

We have gone to great lengths to protect your confidentiality and security. Our secure server uses several technology methods including encryption, firewalls and timed log outs to keep your personal and financial information private and confidential. You are responsible for ensuring the safekeeping of your Client ID and password that gives you access to your Plan.

For cash purchases, the purchase date is the date the application is completed and the funds are authorized by the purchaser to be released to the Sales Agent. The table below outlines the purchase/issue dates for the 2006/2007 sales campaign. Most CSB purchasers buying through the Payroll Savings Program will receive the November 1 issue (Series 102). Their purchases of CSB will be recorded as of the date the Bank of Canada receives their regular payroll deductions from their employer.

Some employers offer only EE Bonds or I Bonds because their payroll systems cannot accommodate two series. Others have not yet decided to offer both series. Ask your payroll department which series they offer. If they do not offer the series you want, let them know of your interest - it may help your employer decide to offer that series.

Most customers save an average of 40% to 50% on their prescriptions. Sometimes the savings can go as high as 80%. However, please note that while the majority of medications in Canada are cheaper, there are exceptions.

You can buy U.S. Savings Bonds from a Member Service Representative. You will need the social security number of the person whom the bond is for. Bonds can also be purchased online here.

Yes. As long as the minor understands the transaction and is old enough to sign the request (normally, a minor must be 14), he or she may cash it in. A parent or other person acting on the minor's behalf should not request payment of bonds belonging to a competent minor.

The "Gift Box" function allows customers to buy savings bonds for someone else and keep the bonds in their own account until they are ready to give them to the recipient. Once the purchaser knows the recipient's required information – his or her full name, social security number and/or taxpayer ID number and address – and has confirmed that the recipient has established a TreasuryDirect account, he or she can transfer the gift into the recipient's account.

The CLB is a federal program geared toward assisting low income families with their children’s post-secondary education funding. Generally, children born on or after January 1, 2004, will be eligible for a CLB in each year that the child’s family is entitled to the National Child Benefit (NCB) supplement, up to and including the year in which the child turns 15 years of age.

The Canada Premium Bond (CPB) was introduced in 1998 by the Government of Canada to help Canadians reach their savings and investment goals. The CPB is fully backed by the Government of Canada, and offers a higher rate of interest at the time of issue than the Canada Savings Bond on sale at the same time. The Canada Premium Bond can be redeemed once a year on the anniversary of the issue date and during the 30 days thereafter. It's the smart choice for today's investor.

You can buy directly by calling toll free 1 888 773-9999 Monday to Friday, from 8 am to 8 pm, Eastern Time. You can also purchase a CPB at most banks, credit unions, caisses populaires or trust companies across Canada, as well as through most full service investment dealers and discount brokerage companies.

The Canada Premium Bond is redeemable each year on the anniversary of the issue date and during the 30 days thereafter. If a CPB is redeemed during the 30 days in question, no interest will be earned for the period following the anniversary date. If the CPB is held within The Canada RIF, it is redeemable at any time without penalty if required to facilitate periodic payments.

The roots of Canada Savings Bonds go back to the First and Second World Wars when War Savings Certificates and Victory Bonds were introduced to help finance the war effort. Easy to purchase with respect to method of payment, denominations available, and availability of purchase. The first series of Canada Savings Bonds was issued in 1946.

You can go to the Bureau of the Public Debt's Bond Earnings Report for a table of current values of $100 Series E and EE bonds. You may use the On-Line Bond Calculator from the Federal Reserve Bank of New York to calculate the value of individual bonds. You may also download and use the Bureau of the Public Debt's Savings Bond Wizard, a Windows application you can use to calculate interest and keep track of all of your bonds.

Check for the details at most local financial institutions (such as banks or credit unions). You may use your Social Security Number if you don't know the recipient's without incurring a tax liability. Check the details at All About Savings Bonds as Gifts.

A savings bond may be transferred either in full or in part to another TreasuryDirect account. Select Transfer securities under Manage My Securities. After selecting and submitting one or multiple securities to be transferred, fill out the Transfer Request with the recipient's TreasuryDirect account number, Social Security Number, and the amount to be transferred; then click Submit.

A beneficiary has the right to cash the bond only if the owner is deceased. A co-owner has the same rights as the first-named owner to cash a bond.

Yes and no. The interest earned by Series E and EE bonds and Savings Notes is subject to federal income tax but not to state or local income taxes. Please consult your tax adviser for more information.

When you buy a bond, the owner's Social Security Number is required. If you're buying a gift and don't know the person's number, you can use your own Social Security Number (you will not incur a tax liability). Although most bonds are issued to individuals, they may also be issued in the names of corporations, associations, public and private organizations, fiduciaries, and other entities as single owners.

You can buy the CPB for your self-directed plan, or directly within The Canada RSP. The Canada RSP is available only for compound interest bonds (C-Bonds), and there are no fees or hidden charges. The minimum CPB investment for The Canada RSP is $500 per series per registration. (See RRSP option for further details.)

You will need to complete a Stop Deduction Form and forward it to us at our mailing address. Click the link above for the form.

For information on how to withdraw money from your Canada Savings Plan, you will need to contact the Bank of Canada at:

The CESG is a federal government program that offers a grant equal to 20% of the first $2,000 of annual RESP contributions (or maximum of $400 per child per year). Lifetime maximum CESG available is $7,200 per child. The CESG on the first $500 of contributions is increased to 40% for families with income up to $36,378, and to 30% for families with income between $36,378 and $72,756.