What is a T5?
The T5 slip identifies the various types of investment income that residents of Canada have to report on their income tax and benefit returns such as Term Deposits, Interest-Bearing Accounts (i.e. savings account), Dividends Paid (i.e. common shares), Investment Shares (i.e. dividends on non-registered products), or any product that you’ve earned interest on.
HOW DO I GET A T5?
Your financial institution, in this case Connect First Credit Union, will prepare and mail out your T5 to you
WHAT HAPPENS IF I DIDN’T RECEIVE MY T5?
Not to worry! Visit your nearest branch or call us at 1.844.685.6225 and a duplicate T5 can be produced for you. While you are there, make sure we have your updated address and contact information
THERE’S AN ERROR ON MY T5, WHAT DO I DO?
Visit your nearest branch and bring in the T5 that you received and the branch staff will ensure a request for a new one is entered. You can either pick up the new one when it’s ready or have it mailed to your home address.