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Payroll Savings Program

The Canada Savings Bonds (CSB) Payroll Savings Program allows employees to contribute to a Payroll Savings Plan at their place of employment through automatic payroll deductions.

Employees participate in the CSB Payroll Savings Program because it offers:

  • A free and secure way to save for themselves or a loved one. Without hassle. Without fees.
  • A convenient way to put money aside for things they want, big or small.
  • A complementary solution to other savings and investment products.
  • Access to their money online year round.

Employers offer the Payroll Savings Program for several reasons:

  • To provide access to a free and reputable program that encourages healthy savings habits.
  • To provide a valuable program requiring minimal effort, that will help retain talented employees.
  • To become part of more than 10,500 employers across Canada, including the majority of Canada‚Äôs Top 100 Employers, who offer the Program today.