Distributing T5 slips to the recipient

Send two copies of the T5 slip to the recipient on or before the last day of February following the calendar year to which the information return applies.

You can now provide recipients an electronic copy of their T5 slips. The recipient must have consented in writing or by email to receive the slips electronically.

You do not have to keep a copy of the T5 slips. However, you have to keep the information from which you prepared the slips in an accessible and readable format.

Note
When a business or activity ends, you have to send the appropriate copies of the T5 slips to the recipients and to the CRA no later than 30 days after the date the business or activity ended.