Canada Savings Bonds
In the federal budget released on March 22, 2017, the Government of Canada announced it will discontinue the sale of Canada Savings Bonds (CSB's) and Canada Premium bonds (CPB's) as of November 2017. Any unmatured CSB's or CPB's are safe and guaranteed, and bonds will continue to be honoured until the time of redemption or maturity, whichever comes first.
Payroll deductions will continue until the October 1-15, 2017 pay period for semi-monthly paid employees and October 1-31, 2017 pay period for monthly paid employees.
to your Canada Savings Bond payroll deduction can occur any time during the year. Email Human Resource Services at email@example.com
Redeeming your bonds:
You can redeem some or all of your Canada Savings Bonds directly and securely online if you have set up an account at https://www.mybonds.gc.ca/ or call the Canada Savings Bonds office at 1-877-899-3599 – Monday to Friday, 8AM to 8PM (ET.
The E-Campaign is a secure online environment that allows you to sign up for the Canada Savings Bonds payroll deduction or to make changes to your existing plans.
Register/login at https://www.mybonds.gc.ca/.
If you have questions about the Payroll Savings Plan Online Services, please call 1-877-899-3599 or visit http://www.csb.gc.ca/payroll-savings-program/employees/ for more information.