The CRA Has $1 Billion In Uncashed Cheques & They Could Owe You Thousands
Millions of Canadians could be owed money from the Canada Revenue Agency (CRA) and not even know about it!
Since 1998, cheques totalling approximately $1 billion have gone uncashed, according to the government agency.
Did you know there are about $1 billion in CRA cheques that haven’t been cashed? Catch tomorrow’s #TaxTipThursday v… https://t.co/OfAu9dBpoq— Canada Revenue Agency (@Canada Revenue Agency) 1617800455
You may have an uncashed cheque from the CRA, for example, if you moved house and didn’t update your address, or if you’ve ever had a cheque that was lost, stolen or destroyed.
It’s easy to find out if you’re owed any money, as long as you’ve got an online account with the CRA. Just log in and head to the “My Account” portal, before clicking on the “Uncashed Cheques” option under “Related Services.”
CRA cheques never expire or become stale-dated, so it’s worth checking even if you think you lost a cheque years ago. In fact — you could even be owed thousands!