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    Did You Know? To encourage construction of new multi-unit rental housing projects, there is a corporate income tax rebate equal to 10 per cent of the rental income generated from newly constructed multi-unit rental projects, for a period of up to ten years. When combined with other housing initiatives, it’s expected to encourage the construction of an additional 10,000 new rental units in the province over the life of the program. Common Questions Common Questions about Saskatchewan Savings BondsWill new series of Saskatchewan Savings Bonds be offered for sale in 2012?No. The Saskatchewan Savings Bond program has been discontinued. Series 16-18 bonds will continue to earn interest until their maturity. Also, Series 17-18 bonds can be redeemed prior to maturity if presented to a Saskatchewan financial institution between June 1 and June 25 of 2012. Are Saskatchewan Savings Bonds transferable?
Saskatchewan Savings Bonds are transferable to
In Canada (toll free): 1-800-667-4000 Transfers are not permitted between June 25 and July 15 of each year to ensure that the annual interest payments are sent to the proper bondholders on July 15. Are Saskatchewan Savings Bonds redeemable prior to maturity?Saskatchewan Savings Bonds are redeemable annually at the option of the bondholder. There is no penalty for redeeming a bond prior to maturity. To obtain redemption in advance of the maturity date, all bondholders named on the front of the bond must complete the "Demand for Redemption" on the back of the bond and present the bond to any credit union, bank, trust company or investment dealer in Saskatchewan on or prior to June 25 for redemption on July 15. Saskatchewan Savings Bonds are also redeemable on the death of a bondholder. Please direct any questions to the Saskatchewan Savings Bond inquiry lines:
In Canada (toll free): 1-800-667-4000 What do I do with a Saskatchewan Savings Bond interest cheque that has become stale dated?Stale dated interest cheques will be replaced at no charge. The stale dated cheque, accompanied by a request for a replacement cheque, should be forwarded to the Ministry of Finance at:
Saskatchewan Savings Bonds When will I receive my T5 Statement of Investment Income?Saskatchewan Savings Bond T5s are issued annually on July 15 when interest is paid. |
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