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Deadline to enrol in federal direct deposit looming

(NC) The deadline to enrol in direct deposit for federal government payments such as income tax refunds, Old Age Security and Employment Insurance is April 2016. More than 80 percent of Canadians who receive payments have already enrolled with the remainder still receiving their cheques by mail.

The federal government is encouraging all recipients to enrol for direct deposit as soon as possible so they can start receiving their money faster and more conveniently. Unlike online or Internet banking that requires a computer; direct deposit simply means your payments are made directly into your bank account.

To sign up for direct deposit, simply visit or your bank or financial institution. You can also order an enrolment form by calling 1-800-O-Canada.

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