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dc.contributor.authorCameron, Chantal
dc.date.accessioned2014-09-03T13:41:17Z
dc.date.available2014-09-03T13:41:17Z
dc.date.issued2014-09-03
dc.identifier.urihttp://hdl.handle.net/10464/5646
dc.descriptionThe Bank of Canada first introduced Canada Savings Bonds during the First and Second World Wars. At the time, they were known as War Savings Certificates and Victory Bonds and were used to fund the war effort. In 1946, Canada Savings Bonds were used as part of Canada’s Postwar Financing Program. At that time, the government also introduced the sale of bonds through payroll deduction. Canada Savings Bonds proved to be very popular, providing investors with a convenient, flexible and safe investment. Over time the bonds failed to remain competitive with other low-risk investment options, and the high cost of administering the program called into question its relevance. An independent report commissioned by the government in 2004 recommended that the bonds be phased out, however, the government decided to keep the program and make some revisions. As of 2012, Canada Savings Bonds are available exclusively through the payroll savings program, while Canada Premium Bonds (introduced in 1998) are available through financial institutions, dealers and by phone.en_US
dc.description.abstractThis archive is part of the larger Ontario Editorial Bureau Fonds (OEB) housed at Brock University. The records contain information about the annual sale of Canadian Savings Bonds (CSBs) by the Bank of Canada. The bulk of the material is correspondence and media releases.en_US
dc.language.isoenen_US
dc.relation.ispartofseries;RG 75-33
dc.subjectBank of Canada -- History.en_US
dc.subjectSavings bonds -- Canada.en_US
dc.titleBank of Canada Records, 1958-1989en_US
dc.typeOtheren_US


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    These finding aids are meant to help researchers find information in the fond available at The Brock University Special Collections and Archives.

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