Unclaimed Property in British Columbia, Canada

by admin

We’ve mentioned unclaimed property held in Canada before, but a recent article by James Kwantes in The Vancouver Sun has a good deal of information on unclaimed property held in the Canadian province of British Columbia (Canada, like the U.S., has a federal government, and unclaimed property is governed by the laws of each individual province).  The situation in British Columbia is quite unique in that a foundation – The British Columbia Unclaimed Property Society – not the government, has been administering the provincial unclaimed property program since 2003.

According to the article (which is well worth a read), the Society is currently holding over $90 million in funds, including some dating as far back as 1859 (even though BC did not become a province until 11 years later).