Barrie Historical Newspaper Archive

Barrie Examiner, 9 May 1974, p. 17

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IMPORTANT The Minister of Finance announced In his Budget on maturity on all unmatured Canada Savings Bonds gtWho il entitled to receivl cash bonut peymenta When do the uthbonue payment become dual to all investors in Canada Savings Bonds The higher yield will be obtained by means of cash bonus payments which for Income tax purposes will be considered as capital gains May 1974 that the average annual yield to has been Increased effective from May 1974 to How do receive my wit bonutpaymantat Will the Compound lntemt Feature be elleeted by there chances Every holder of unmatured Canada Savinot Bonds lr entitled to recele cash bonux payments providing that he holds hr Bond up to the data that such payment become due To receive your cuh bonus payment you simply preunr your Bond to any lulhorizud tssuing Agent at Canada Savings Bonds including any Bank or authorized Truet or Loan Company and Calm Populalte on atelier the data on which the peymenrbecomerdue 01 course bondholder wiilnot have to cash his Bond No The compound inilmt feature on outstanding Issue of Canada Savings Bonds will not be allotted by these changer Bondholden who am taking advantage ol tho compound interest leature may continue to do to and will continue to be paid compound interest in the amounts rpeeiiied at the time ol issue of each Starlet There amount are thown on your Bond On III Canada Savings Bonds maturing an or bolero November 1979 Gail bonus payment bacomct due on the date oirnalunty of the Bond when claiminoe cub bornr payment which becomrrpeyebie balm the Hand motum Now do trut the oath bonur payment when thl any at the other leatum at Canada Savings Bond completing my income Tex Return On Ill Canada Savings Bonds maturingalter be Illoctod by time changoo November 1070holdere will be entitled to receive two cult bonue plymcntt Tho lirst will who payable on November 1979 The second cuh bonus will be payable on the date at maturity olthe Bond The cash bonus payment will be considered as capltel gains When receiving your cash bonus payment statement will be Issued to you Indicating the amount of the nth bonus This will olimlntto any conlusion which might arise when completing your incomo Tax Return No Your Canada Savings Bond continue to retain all oi the laaturas thatthay oilerad etthe time you bought them Canada Savings Bonds currently being bought by instalment under the Payroll Savings Plan ml the Olilciai Monthly Savings Plan are entitled to the cam barium Payment schodulox connected with such instalment purchase remain unchanged What LI the amount of the cash bonul plymlnts Thl actual dollerlroount of arch cash bonus paymentvarlet with each Series However In every cm the dollar amount payable wIIt be tuliicient to provide yield or per annum lottho period MW 1074 to maturlryoithe Bond Can lliiitllh my CanadaSavingr Bonds or any time CartlttiilbuyCanadaSavlnglaondli Whore Bond mature IlttrNowmbtr11079tho first cash bonus payment will provide In average nnnual yield of 936 from May 1074 to October 31 19797ho second cash bonus payment will alto provide an average annual yield of 01rom Novambor 1979 to the maturitydats of the Bond Yes Your Canada Savingtvhondx can still be cashed at any time at their lull loco value plus earned interest Interest is calculated It the appropriate annual coupon rate for each lull month which hoe elapsed titles the date ol the text matured coupon These values are shown on the back bl your Bond It should be remembered however that your cosh bonus payment are payable only on or alter apaciIc deter and you will not be entitled to them tiniest you hold your Bond to the date rhat tuch barium become due Yes You can still buy the 197374 Series of Canada Savian Band at prices It tpccilied undertho original terms or this Intro Purchaser ol this Series will be entitled to carh bonuses which will be payable on November 1070 and at maturity on November 1985 For future tolerance attach this odto your Bonds CASH BONUSES ON UNMATURED CANADA SAVINGS BONDS canauasnvrnosaouosnarunutoononcorona novsuacnmora canaoasavmcsannosMArunmoarrannovamaenmm MATUHITY cAsII aonus PAYABLE scares DATE ar MATURITY oars tooe too too tots snn toot7o cunt AMOUNTS PAYABLE ON $100 BOND T0 PRODUCE AN AVERAGE ANNUAL YIELD 051076 MArunrrv para CASH BONUS ravacte AT NOVEMBER 11919 MATURITY par SERIES 100708 107112 197071 100900 107273 107374 Novambor11tlao Novamber11080 NovombarlJSBl Novombcr11902 Novomborl1034 November 11935 November 11914 Member 1075 November 11970 November 1017 Octobcr11978 November 197 November 1919 Speclei Replacement Serlor new $175 350 050 1375 1010 000 2050 $2200 075 700 1350 1025 1050 $300 L25 226 675 750 025 The oath bonuv paymentI are In addition to regular Innuei Intoreat payments and compound interest certificate Canada Savings Bends are still on sale BctloryPleco To Deal 3slxnvvrmwmahuuonmfkr FAMILY REQUIREMENTS BARRIE Expire TuetdIy May re me 259 iNNiSFlL sr

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