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.