Report a Lost, Stolen or Destroyed Certificated Bond
All Canada Savings Bonds (CSBs) and Canada Premium Bonds (CPBs) reached maturity and stopped earning interest.
Only CSBs (Series 32 and up) and CPBs issued in 1977 or later are eligible for the lost bond process. If your bonds have been lost, stolen, or destroyed you must report them as lost to redeem.
1. Complete the Lost Bond Request Form
Report a lost, stolen or destroyed certificated CSB and CPB by completing the Lost Bond Request Form and sending it by mail to:
Bank of Canada
Unclaimed Properties Office
234 Wellington Street
Ottawa, Ontario, K1A 0G9
The following forms and information will be mailed to you to process your request.
- Bond of Indemnity Form and Instructions sheet
- Schedule to Bond of Indemnity
Failure to properly complete and submit all necessary documents and payment will result in your request being delayed or rejected.
2. Complete the Bond of Indemnity Form
The Bond of Indemnity Form and detailed instructions will be sent by the Unclaimed Properties Office for you to complete.
- You will need to provide a description of how the bond was lost, stolen or destroyed as well as the dollar value of the matured bond (face value and accumulated interest).
- All bonds have matured and will be paid out.
This form must be completed by all registered bond owners.
3. Sign Bond of Indemnity Form
The Bond of Indemnity must be signed by:
- All registered owners of the original certificate(s), or
- All authorized representatives of the registered owner(s), or
- Both parents if the bond owner is a minor.
If the registered owner(s) is/are not signing the form, then the role of the signee (i.e., parent, legal guardian, authorized representative) must be indicated on the form beside the name and supporting legal documentation must be provided.
If the total amount of the original bond and accumulated interest is under $3,500.00 the signatures must be witnessed by a 3rd party – this can be anyone of legal age. The witness must print their name below their signature.
If the total amount of the original bond and accumulated interest exceeds $3,500.00, then the signature must be witnessed by:
- A Commissioner of Oaths (i.e., for taking affidavits) or
- A Notary Public, (i.e., lawyer, Justice of the Peace, town clerk, city hall clerk)
Ensure that the Commissioner of Oaths or Notary Public apply their official stamp or seal to the completed form. If no stamp or seal is available, other documentary evidence of their appointment as Commissioner of Oaths or Notary Public from the appropriate body (i.e., a Province, State or Court) may be acceptable.
4. Pay surety fees
Surety fees are charged to guarantee the value of lost bond, stolen or destroyed bonds, as determined by HUB International Ontario Limited.
Payment must be provided by cheque or money order payable to HUB International Ontario Limited. Surety fees cannot be deducted from the redemption amount.
Surety fees are calculated based on the maturity value of the bond which includes the par value (principal) and accumulated interest. Please see the payment table below to calculate your fees.
Total Value of Certificate(s) | Surety Premium Due |
---|---|
$100.00 - $1,000.00 | $30.00 |
$1,000.01 - $3,500.00 | $70.00 |
$3,500.01 - $250,000.00 | 3% of total amount |
Example 1: Total value of certificate(s) = $2,140.25
Total premium payable to HUB International is $70.00
Example 2: Total value of certificate(s) = $45,614.30
Total premium payable to HUB International is $45,614.30 x 3% = $1,368.43
Note: Residents of Manitoba are required to pay 7% Retail Sales Tax (RST) and Saskatchewan residents 6% in addition to the surety premium above.
MB Example 1: 7% tax: Total value of certificate(s) = $200.00
Premium due: $30.00 x 7% = $2.10
Total premium payable to HUB International is $30.00 + $2.10 = $32.10
SK Example 2: 6% tax: Total value of certificate(s) = $50,000.00
Premium due: $50,000.00 x 3% = $1,500.00 x 6% = $90.00
Total premium payable to HUB International is $1,500.00 + $90.00 = $1,590.00
A $35.00 (CAD) fee is charged in addition to the surety fees if a non-negotiable or non-sufficient funds cheque is received.
If bond certificates value exceeds $250,000, or if you reside outside of Canada, HUB International will assist in finding a surety/bonding company that will provide surety services. The surety fees may differ from the amount noted above. Applicants outside of Canada, USA, UK subject to $75.00 minimum premium and 0.5% rate increase.
Failure to submit the proper amount will result in the request being rejected.
5. Mail the schedule to Bond of Indemnity and the completed and signed Bond of Indemnity Form and surety fees
The schedule to Bond of Indemnity, the Bond of Indemnity Form and surety payment must be sent to HUB International in the return envelope provided at:
HUB International Ontario Limited
130 King Street West
Suite 1100
Toronto, Ontario, M5X 1E4
Allow 8-10 weeks from the time the documentation and the replacement fee payment has been received by HUB International for your payment to be issued.
Payment will be issued by cheque and include the face value of the bond and all the accumulated interest paid to the registered owner(s).
Finding Lost Bonds
If you find your original bond certificate after you have reported your bond as lost, destroyed or stolen, you must notify the Unclaimed Properties Office immediately by contacting us.
Customers are obligated to return the original certificates or reimburse the value of the bonds in the event of redemption of both the lost and replaced bonds.