Canadian Tax and
Financial Information
Unclaimed Balances

Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with!

What's New
Personal Tax
Sales Taxes
Free in 30!
Financial Planning
Real Estate
Stocks Bonds etc.
British Columbia
Atlantic Provinces
Federal Budget
Provincial Budgets
Statistics etc.
Site Map
Advertise With Us
Contact Us/About Us
Links & Resources

Financial Planning   ->   Save Money -> Unclaimed balances

Unclaimed Balances / Unclaimed Money

It's hard to believe, but people forget about funds that they have on deposit in banks, trust companies and loan companies.    They also forget to notify banks, brokers, and others when they have a change of address, or a change of name due to marriage, divorce, etc.

In order to avoid any of your assets becoming part of the massive unclaimed property amounts, it is important to:

bulletkeep good records of
bulletbank and savings accounts
bulletinvestment/brokerage accounts
bulletstock certificates, if held personally
bulletany deposits paid, such as utility or telephone deposits
bulletinsurance contracts
bulletdeposit or cash all checks as soon as possible after receipt (mobile deposit is easy!)
bulletkeep a list of accounts that would have to be notified of a change of address.  This list is also invaluable to the executor of your estate, so make sure they have access to it.
bulletnotify everyone on the list promptly if you change your address, or if for some reason your name changes.

If you believe you have unclaimed property somewhere, here are some resources for trying to find it:

Consultations on Canadians' Unclaimed Balances

On June 22, 2018 the Government of Canada released for comment a consultation paper.  The aim of the consultation is to modernize the unclaimed balances regime and provide proposals for an unclaimed pension balances framework.  Written responses had to be sent by email, by August 21, 2018.  See the link to responses below.

    - June 22, 2018 news release

    - Consultation Paper

    - Responses  - Submissions for Consultation Paper on Modernization of the Unclaimed Balances Regime and Proposals for an Unclaimed Pension Balances Framework

Canadian Financial Institutions Unclaimed Balances

Bank of Canada searchable database of unclaimed amounts.  When funds held by financial institution have seen no activity for over 10 years, and the rightful owners cannot be found, the funds are transferred to the Bank of Canada.

Alberta Registry of Unclaimed Property

Central registry of Unclaimed Property - administered by Alberta Finance and Enterprise, Tax and Revenue Administration (TRA), will provide a searchable directory for unclaimed property.

British Columbia Unclaimed Property Society

BC Unclaimed Property Society (BCUPS) provides a searchable database of unclaimed property.

Quebec Unclaimed Property Registry

Revenu Quebec has a searchable register of unclaimed property.

United States Unclaimed Property

For those of you who may have unclaimed property in the US, a free searchable database is available at  The database provides access to unclaimed property in most states.  Another resource is the National Association of Unclaimed Property Administrators (NAUPA) which provides links to databases for all 50 states, the District of Columbia, a few Canadian provinces, and Guam and Puerto Rico.

The US government also has a web page Unclaimed Money from the Government.

Check out all of our ideas for saving money and building wealth!

Tip:  Keep good records, so if something happens to you, your heirs will find all your assets!

Revised: September 03, 2019


Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from

Facebook  | Twitter  |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.