Definition of Unclaimed Property

Unclaimed Assets

Background

The provinces of British Columbia, Alberta and Quebec have introduced regulations requiring the holders of unclaimed property to make reasonable efforts to locate and contact the rightful owner, if the last known address was in one of those provinces.

Definition of Unclaimed Property

Any property in possession of a “holder” that has been left by the owner with no instruction, claim or transactions for a given period of time as designated by the applicable provincial legislation.

Skyline Wealth Management Inc. may be the “Holder” of such unclaimed property in the form of units or cash, and may be unclaimed for various reasons, including being unable to contact you as a result of a change of address or contact information. The “owner” remains the individual who has an interest in the property.

Where to go for more information

Residents of Alberta

For information on how to make a claim or an appeal against an unclaimed asset, Alberta residents should contact the Alberta Finance, Tax and Revenue Administration (TRA) directly or visit the Government of Alberta website.

Residents of Québec

For more information on how to make a claim or appeal against an unclaimed asset, Québec residents should contact Revenu Québec directly or visit the Revenu Québec website.

Residents of British Columbia

The B.C. Act and associated regulations identify what assets can become unclaimed property plus the circumstances and timing under which they become unclaimed. Skyline Wealth Management Inc. is required to maintain a searchable database and make reasonable efforts to locate and notify the owners of such unclaimed property. If you are a resident of B.C. and would like us to search for unclaimed property of yours in our database, please contact us and identify the assets you are claiming and your interest in them. Please include current and prior assets information and a daytime telephone number where you can be contacted for further information required to validate your claim.

Residents of Other Provinces

Clients resident in other provinces or territories are encouraged to contact Skyline Wealth Management.

Residents of New Brunswick

The province of New Brunswick’s Unclaimed Property Act requires qualifying businesses to participate in the Unclaimed Property Program. If you are a resident in N.B. with indication of right or interest on any unclaimed properties with Skyline Wealth Management, please visit the Financial and Consumer Services Commission of N.B. website for more information, or contact us to verify.