Those looking at their budgets and balances heading into the new year may also want to check if the federal or provincial government owes you or a deceased loved one any cheques, property or valuables in a safety deposit box.
Money may be sitting in Revenu Quebec or Canada Revenue Agency (CRA) coffers and it’s simple to find.
Revenu Quebec has an easy-to-access “unclaimed property registry” portal on its website, while the CRA has an “uncashed cheques” section in users’ online files.
In Quebec, you may have life insurance products, pension plan amounts, investments or other assets that are unclaimed in the property registry.
“Revenu Québec pays an average of $32 million per year to owners of unclaimed property,” the government site reads. “From one year to the next, the registry contains approximately 400,000 unclaimed properties with a total value of approximately $430 million.”
Assets worth less than $500 in Quebec can be claimed for a decade and …