You have to purchase the Canada Savings Bonds through the Payroll Savings Program. Now you can go to the website www.mybonds.gc.ca to redeem your bonds. Also you can check your plan activities, set up new Payroll Savings plans and receive tax information and statements online anytime and anywhere.
How to use the system?
If you are a new participant to enjoy the online services, you must register to receive a unique Client ID. You need to provide your 5-digit employer’s Organization ID, your Social Insurance Number and a valid Email Address to complete the registration process. If you already have an existing Client ID and password, simply sign in your account and follow the on-screen instructions to redeem your funds and enjoy other more online convenient services.
The website is encrypted using SSL 128-bit encryption, so it is very secure to use. Learn more from www.mybonds.gc.ca. If you need more help, call the Canada Savings Bonds customer service at 1-877-899-3599
About Canada Savings Bonds Program
Canada Savings Bonds are investment instruments offered by the Government of Canada. They are all debentures issued by the Bank of Canada. These bonds offer a competitive rate of interest and has a guaranteed minimum interest rate. You can redeem the funds at any time. Most employers in the Canada can provide their employees this plan during the sale periods.