Canada debating future of Savings Bonds, too

Monday, April 24th, 2006
Categorized as: Savings Bond history

Canada has a Savings Bonds program similar to the program in the U.S, however it has no electronic equivalent like TreasuryDirect.

There are those in the U.S. who think the Treasury should stop issuing paper Savings Bonds because the cost of administration is so much higher than it is for other methods of government borrowing. Some people in Canada are thinking the same thing about their program.

Saturday the Ottawa Citizen published a story by Jack Aubry, Savings bond program loses appeal, report says, about the results of a Canadian Savings Bond marketing campaign that apparently didn’t achieve the desired results.

Rate this post (1 to 5 stars): 1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

No comments yet.

Comments Closed

June 1, 2010

After six years, over 400 posts, 3,680 real comments, and over 90,000 spam comments (thank you, Akismet, for making managing a blog with comments possible), I am closing public comments on Savings-Bond-Advisor.com. I will contine to update the main articles on this site, but not the comments.

Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for.

Tom Adams

Savings Bond Calculator



Help

Savings Bond
Questions

Get an answer to your questions from the Treasury's Savings Bonds team.

Click below to ask a question.

Ask the Treasury