RRSPs
RRIFs
RESPs
Savings Bonds
Term Deposits
Mutual Funds
Savings Bonds
Savings bonds are an investment option that allows
you to help build our country or province and plan for the future.
Canada Savings Bonds (CSBs) are cashable at any time,
giving the holder easy access to the funds invested.
Canada Premium Bonds (CPBs) are only cashable on the
anniversary of the issue date and during the 30 days thereafter.
Both bonds offer two types of interest, regular and
compounding and are backed by the Canadian government so they are
very secure. Canada Bonds offer several series each year, starting
October 1st.
Ontario Savings bonds have three different types
of bonds to offer: Step-Up, Variable-Rate, and Fixed Rate. The provincial
government backs these bonds. Ontario Bonds are available to purchase
during a few weeks in June. |