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Federal Government Discontinues Sale of Canada Savings Bonds

In the latest federal budget released on 22 March 2017, the Government of Canada announced it will discontinue the sale of Canada Savings Bonds (CSBs) and Canada Premium Bonds (CPBs) as of November 2017. 

Given the overall decline in sales, the access to alternative investment vehicles for consumers and the administration and management costs of the program, the Canada Savings Bonds Program is no longer a main component of the federal debt management strategy.

For more information about this announcement, please visit fin.gc.ca.