Unclaimed Property
What is unclaimed property legislation?
Unclaimed property legislation are laws set out to safeguard the rights of property owners and their legal representatives. Unclaimed property refers to abandoned or forgotten assets held by TSX Trust that are payable to an owner. Most unclaimed property held by TSX Trust is in the form of payments from uncashed dividends and interest cheques along with its underlying securities.
Unclaimed property legislation outlines the requirements for TSX Trust to search and notify, report, and remit such assets to certain provincial authorities, in the hopes of reuniting them with the rightful owner.
What are the Provincial Rules for Unclaimed Property?
In Canada, unclaimed property legislation varies by province and territory, each implementing its own policy to govern the handling of unclaimed assets. To date, only Alberta, British Columbia, Quebec, and New Brunswick have enacted unclaimed property legislation of general application.
For additional information, please visit the links below.
How do I Claim My Property
If you need to claim your property, please use the following link: https://www.tsxtrust.com/qcup
FAQ
If you are a registered accountholder with TSX Trust, the provincial unclaimed property legislation associated with the last address on your record will be applicable to your account.
As a transfer agent and registrar for many corporations and other issuers of securities, TSX Trust distributes payments and securities on behalf of our issuer clients. When the payments and/or securities are determined to be unclaimed, we are required by certain provincial legislations to notify the owners in writing regarding their unclaimed property. If the owner doesn’t take the requested action by the date listed in the notice, then TSX Trust is obligated to remit the funds and/or securities to the appropriate provinces.
The types of properties held at TSX Trust subject to Unclaimed Property legislations are:
- Uncashed/Unissued Dividend cheques
- Uncashed/Unissued cheques from sales proceeds
- Returned cheques/Returned securities
- Securities i.e. Stock, Bonds, Warrants, Debentures
- Securities Entitlements and their accrued dividends
- Make sure that we have your current address on file. Click here to update your address
- Be sure to read all your mail and email correspondence sent by TSX Trust as it may contain important information
- Make sure that you cash all your cheques, even cheques containing a small balance
- Complete and respond to the Due Diligence letter regarding your unclaimed property
- Login to your online account
- Contact us if you have any questions regarding the Unclaimed Property notice you received
TSX Trust is committed to protecting your personal information and preventing fraud. You may need to provide proof of your identity and/or ownership of the property that you’re claiming.
If you have received an “Unclaimed Property” notice, please contact TSX by following the instructions provided on the letter.
If you have not received a letter from us, but have a question about unclaimed funds or if you wish to make a claim for unclaimed property held by TSX Trust, please contact us by one of the following options:
- Enter your name and account number here: www.tsxtrust.com/qcup
- Email: unclaimedproperty@tmx.com
- Phone –Monday to Friday between 8:30 a.m. and 6:00 p.m. EST at 1-800-387-0825.
Unless the owner is reunited with their unclaimed property, it will be considered abandoned and, in accordance with applicable laws, may be turned over to the appropriate governmental authority. Once payments or securities are turned over to the province, you will have to contact the province to claim the property.
Provinces with unclaimed property legislation have their own respective websites where you can search online for property that’s been remitted, including any property that TSX Trust has turned over to the province. Most searches are based on the name of the property owner in the province where they currently live or previously lived in case the address wasn’t updated in our records.
To search online for property that’s been remitted or held by the province, please visit the links below.