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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 DepositsInterest-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.