Our unclaimed properties
Certificated Bonds
What are certificated bonds?
If you purchased a certificated bond issued by the Government of Canada you received a physical paper certificate.
Types of certificated bonds
Canada Savings Bonds Series 32 - 134
As of December 2021, all Canada Savings Bonds and Canada Premium Bonds have reached maturity and stopped earning interest. They should be redeemed by presenting the matured bond certificates to your financial institution.
CSBs issued from 1977 to 2016 do not have coupons attached.
Sample CSB bond certificate issued in 1977. Bond certificates may vary slightly from this image.
Sample CSB bond certificate issued in 1992. Bond certificates may vary slightly from this image.
These bonds accrued either regular interest or compound interest.
Regular interest bonds (R bonds)
- Simple interest accumulated monthly and interest was paid on the anniversary of the issue date by direct deposit or cheque until the bond matured or was redeemed, whichever came first.
- Interest payments was issued by cheque or direct deposit based on the information we have on file. If you haven’t received your regular interest payments, your information may be outdated. To find out, contact us.
If you haven’t received your regular interest payments, your information may be out of date. To find out, contact us.
Compound interest bonds (C Bonds)
- Interest accrued annually on the anniversary date for a particular series until it reached maturity.
- At maturity, the registered owner received the full face value of the bond plus all interest earned when the physical paper certificated bond is presented at a financial institutions.
See historical interest rates for matured CSBs.
Canada Premium Bonds
CPBs issued from 1998 to 2016 are similar to the CSBs issued during the same period.
Sample CPB bond certificate. Bond certificates may vary slightly from sample this image.
These bonds accrued either regular interest or compound interest.
See historical interest rates for matured CPBs.
Canada Savings Bonds Series 1–31
All CSBs from this period have reached their maturity date and no longer earn interest and should be redeemed as soon as possible by presenting the original bond certificate (with or without coupons) at your financial institution.
CSBs issued from 1946 to 1976 are large in size and may or may not have interest coupons attached.
Sample bond certificate issued between 1946–1976 with the interest coupons attached. Bond certificates may vary slightly from this image.
Government of Canada Market Issue Bonds
The last certificated Government of Canada Market Issue Bonds issued will come to maturity by June 2025. Market Issue bonds can only be redeemed after their maturity date has passed.
Sample image of a Government of Canada Market Issue bond. Bond certificates may vary slightly from this image.
Registered Market Issue Bonds
- Registered bonds
- Interest payments are issued twice a year by cheque or direct deposit based on the information we have on file
If your mailing address and/or banking information has changed, contact us to update your information.
If you own a registered Market Issue Bond that has reached maturity, you should redeem it as soon as possible by presenting the certificate at your financial institution for the face value of the bond.
If you cannot locate your Market Issue bond certificate, contact us.
Bearer Market Issue Bonds
- Bearer bonds with interest coupons
- Interest is paid by presenting the interest coupons at your financial institution
If you own a bearer Market Issue Bond that has reached maturity, you should redeem it as soon as possible by presenting the certificate along with any remaining matured coupons at your financial institution for the face value of the bond and any remaining interest.
Dominion of Canada War Loans and Victory Loans
Dominion of Canada War Loans and Victory Loans were issued from 1941 to 1946 to finance Canada’s war effort. These loans have all reached their maturity date and no longer earn interest and should be redeemed.
Sample image of a Dominion of Canada Victory Loan certificate. Loan certificates may vary slightly from this image.
Registered Dominion of Canada War Loans or Victory Loans
- Registered loans
- Interest payments were issued twice a year by cheque
If you own a registered Dominion of Canada War Loan or Victory Loan, you should redeem it as soon as possible by presenting the certificate at your financial institution for the face value of the loan.
Bearer Dominion of Canada War Loans or Victory Loans
- Bearer loans with interest coupons
- Interest is paid by presenting the interest coupons at your financial institution
If you own a bearer Dominion of Canada War Loan or Victory Loan, you should redeem it as soon as possible by presenting the certificate along with any remaining coupons at your financial institution for the face value of the loan and any remaining interest.
War Savings Certificates
These certificates were issued from 1940 to 1946 to finance Canada’s war effort.
Sample image of a War Savings certificate. Certificates may vary slightly from this image.
These are redeemable for the face value printed on the certificate. All War Savings Certificates have reached their maturity date and no longer earn interest. If you own a War Savings Certificate, you should redeem it as soon as possible by contacting us.
The Canada RSP
Bond Maturity
Bonds in all Canada RSP plans reached maturity in December 2021. Your Canada RSP plan remains accessible to you, but the bonds in your plan no longer earn interest. Choose an option that best suits your needs.
Plan Maturity at Age of 71
- Since your Canada RSP plan automatically reaches maturity on the last business day of the year in which you turn 71, a plan maturity notice will be sent to you prior to December 31 of that year, asking you to provide written instructions about what you would like to do with your Canada RSP plan.
- If you do not provide written instructions to the Unclaimed Properties Office and you have a minimum balance of $500 in The Canada RSP, the funds will automatically be transferred from The Canada RSP to The Canada RIF to avoid having you pay tax on the total proceeds. If the value of your Canada RSP plan is less than $500, any applicable taxes will be deducted and the balance of your plan will be paid out.
Statements
Statements of account will be issued on an annual basis as of December 31. If you haven’t received your statements, your information may be out of date. To validate your mailing address, contact us.
Resources for Canada RSP Holders
Access Resources for Bond Owners, including The Canada RSP Terms and Conditions, Declaration of Trust, and the latest version of the Trustee’s Privacy Code.
The Canada RIF
Bonds in all Canada RIF plans have reached maturity. Your Canada RIF plan remains accessible to you, but the bonds in your plan no longer earn interest. Choose an option that best suits your needs.
Receiving Payments
Periodic Payments
Your periodic payments are made by direct deposit to your bank account, or by cheque mailed to the address on file. They are issued on the first business day of the month for the frequency you have chosen.
If you haven’t received your payments, your information may be out of date. To validate your mailing address, contact us.
Minimum Payments
- The annual minimum amount withdrawn must meet the legislated minimum required by the Income Tax Act (Canada). The Canada RIF also has a minimum of $25 per payment. You can elect to receive more than the legislated annual minimum amount.
- Your December 31 statement, usually mailed no later than the third week of January, will tell you what your annual minimum payments will be.
- If your payments do not meet the annual minimum requirement, an additional payment will automatically be made by December 31 to satisfy the legislative requirement.
Use Spouse’s Birthdate to Calculate Annual Minimum Payment
You may elect to use your spouse’s date of birth. If your spouse is younger, the legislated annual minimum payment will be lower; therefore, both the continued tax deferral of the proceeds within the RRIF and the amount of income it earns within the RRIF would be greater. Once the first payment is made, the date of birth you elected to use cannot be changed.
Payment Amount and Frequency
- You can opt to receive your payments every month, or every two, three, four, six or 12 months. Periodic payments are issued for the first business day of the month.
- You can change your payment amount or frequency at any time as long as the minimum $25 per payment and legislated annual minimum amount are met. Complete the Annual Minimum Change Form (AMP) or contact us.
Lump Sum Withdrawals
Withdrawals can be made at any time (subject to the terms and conditions of the individual bonds) by contacting us. Lump sum withdrawals are subject to a withholding tax.
Resources for Canada RIF Holders
Access Resources for Bond Owners including The Canada RIF Terms and Conditions, Declaration of Trust, and the latest version of the Trustee’s Privacy Code.
Payroll Savings Program
All bonds purchased through the CSB Payroll Savings Program reached maturity in 2021 and were automatically paid out. Access to CSB Online Services is no longer available and your Payroll Savings Plan has automatically been closed.
A final statement was mailed in January 2022 to all active payroll plan owners who had a balance greater than $2.00 in 2021.
If you did not receive your last maturity payments, your information may be out of date. To validate your mailing address, contact us.