www.MyBonds.gc.ca has Canada Savings Bonds online
Info ServiceIt is important to choose a company that offers a number of services
when buying Canada Savings Bonds. One such company, www.mybonds.gc.ca
offers their clients a secure online service. A person is able to go
online and check recent activities, as well as past activities. Clients
can also redeem bonds. Additionally, the client is able to visit the
site and retrieve statements as well as tax information.
Present and future clients using mybonds.gc.ca can use only those bonds
which have been purchased through the Payroll Savings Program. The
online service is not available for bonds that have certificates. Also,
it is not available for those bonds held in The Canada RSP and The
Canada RIF.
Not everyone is entitled to purchase Canadian Savings Bonds. You can
only do so if you are a Canadian resident. However, if you are a federal
or provincial employee of the governenment or if you are a member of
the armed forces personnel, or an immediate family member, stationed
outside of Canada then you are also entitled to purchase the bonds. If
you meet these requirements you can also buy a CSB and register it in
another person's name.
Any person entering the mybonds program online will be doing so on a
secure site. Everyone is required to give specific information. Every
client will have his/her own Client ID as well as a secret password.
Once the account has been authorized and set up then each time a user
returns the Client ID and password is all that will be needed in order
to enter the account. The Client ID and password should be kept
confidential at all times. This is to insure each client that no other
person will be able to enter an individual's account. There are
provisions available for anyone forgetting their specific information.
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