The Canada Savings Bond, a ubiquitous savings vehicle that grew from humble postwar origins into a household name by the 1980s, died this week after a lengthy decline.
She was 71 years old.
The official cause of death was no longer being “a cost effective source of funds.”
The news — announced in Wednesday’s federal budget — though somewhat grim, came as something of a relief to market watchers who spent decades watching CSB’s rise and fall.
Read full story here: Rest In Peace, CSB: A Eulogy For The Canada Savings Bond – Business – CBC News
