No More Canadian Savings Bonds?

in #investing6 years ago

It is true! In the 2017 Federal Budget, the Government of Canada has announced its decision to end the sale of Canada Savings Bonds (CSB) as of November 1.

https://www.csb.gc.ca/products/the-canada-savings-bond/
Saving bonds were a reliable, and guaranteed investment, guaranteed by the government at a very fair rate upon maturity, and canadians for generations have sought bonds as early LOW RISK investments. The government of Canada, apparently is not a place to invest your money....

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