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    Forgotten Money – Bank of Canada Unclaimed Balances

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    • Geoffrey Alexander

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      Forgotten Money – Bank of Canada Unclaimed Balances

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    The Bank of Canada holds unclaimed balances of less than $1,000 for thirty years, once they have been inactive for ten years at the financial institutions. Balances of $1,000 or more will be held for 100 years once transferred to the Bank of Canada.

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