SAINT JOHN – The annual reporting period under New Brunswick’s Unclaimed Property Act is now open.
Businesses and organizations holding unclaimed funds have until March 31, 2026, to report these funds to New Brunswick’s Unclaimed Property (UP) Program at FundsFinderNB.ca.
Administered by the Financial and Consumer Services Commission of New Brunswick (The Commission), the program is now in its fourth year.
“At the end of last year’s reporting period, 333 unique businesses had reported more than $41.1 million in unclaimed property since the program’s launch,” said Marissa Sollows, the Commission’s Director of Communications and Public Affairs. “These are funds that can now be reunited with their rightful owners.”
Unclaimed property refers to money and other monetary property held by businesses and other entities that has been forgotten or abandoned by its owners. Uncashed cheques, security deposits and customer overpayments are common examples of unclaimed property that holders might possess.
“Since launching the FundsFinderNB.ca website, we’ve reunited New Brunswickers with $3.3 million in forgotten funds,” Sollows said. “To continue this success, we rely on businesses to report any unclaimed property on their books. Every year, more money becomes unclaimed, and it’s vital that businesses understand their responsibilities under the law.”
To support businesses, the Commission has launched awareness campaigns and provided resources at FundsFinderNB.ca, including step-by-step guides, FAQs and templates to help organizations comply with their reporting obligations.
Money and monetary property are generally considered unclaimed when there has been no activity for at least three years, or 10 years for credit union accounts. If the apparent owner does not respond to contact efforts from the business, the property must then be reported to the Unclaimed Property Program.
Businesses are encouraged to work with their lawyers or accountants to understand what to look for when reviewing their books.
Audio files of Marissa Sollows, Director of Communications and Public Affairs
Media Contact:
1 866 933-2222 or media@fcnb.ca.
The Financial and Consumer Services Commission of New Brunswick (the Commission) provides regulatory services that protect the public interest, enhance public confidence, and promote understanding of regulated sectors through educational programs. The Commission administers and enforces legislation for mortgage brokers, payday lenders, real estate, securities, insurance, pensions, credit unions, trust and loan companies, cooperatives, the unclaimed property program, and other consumer legislation. It is a Crown corporation funded by regulatory fees and assessments paid by regulated sectors. Online educational tools and resources are available at www.fcnb.ca