|The roots of Canada Savings Bonds go back to the First and Second World Wars when War Savings Certificates and Victory Bonds were introduced to help finance the war effort.
These investments were popular because they were redeemable at any time without penalty, extremely safe and secure (guaranteed by the government) and easy to purchase with respect to method of payment, denominations available, and availability of purchase. The first series of the current Canada Savings Bonds was issued in 1946.
A manual of the collections of the Currency Museum of the Bank of Canada related to World War II Finance: Canada and Newfoundland can be ordered here.
We have several examples of the $5 and $10 Certificates.