Canada Revenue Agency sitting on $1 billion in uncashed cheques: Here’s how to claim yours

Article Link: https://www.recorder.ca/news/canada/canada-revenue-agency-1-billion-uncashed-cheques/wcm/c7832db8-f9ac-404d-8287-04cdb23b00ad

Discussion posted by: itzfitzhere

The Canada Revenue Agency is sitting on a windfall of more than $1 billion in cheques left uncashed by taxpayers over 20 years. The agency says if you are one of the five million Canadians who didn’t cash their cheque from CRA between 1998 and 2018 then your money is still waiting for you. Last week, the tax agency launched a new online tool called “Uncashed cheques”. The goal: find the owner of every single one of 7.6 million cheques that have sat in government coffers for two decades. According to information obtained by the National Post, those cheques amount to $1 billion of taxpayer’s unclaimed money. That’s an average of $200 for each of the five million affected Canadians.