Comments on: Strikes, BCE, TD and Advent http://www.canajunfinances.com/2008/12/11/strikes-bce-td-and-advent/ Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View Sun, 21 Mar 2010 11:06:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Monica http://www.canajunfinances.com/2008/12/11/strikes-bce-td-and-advent/comment-page-1/#comment-3729 Monica Fri, 12 Dec 2008 02:05:08 +0000 http://www.canajunfinances.com/?p=2037#comment-3729 Transit strike? Ugh. When we had one there was still service at rush hour (thank goodness!), but on the day I had to work until 9 p.m. I had to take a taxi home. (Luckily my workplace gave us vouchers.) Transit strike? Ugh. When we had one there was still service at rush hour (thank goodness!), but on the day I had to work until 9 p.m. I had to take a taxi home. (Luckily my workplace gave us vouchers.)

]]> By: DAvid http://www.canajunfinances.com/2008/12/11/strikes-bce-td-and-advent/comment-page-1/#comment-3728 DAvid Fri, 12 Dec 2008 01:53:57 +0000 http://www.canajunfinances.com/?p=2037#comment-3728 C8j said:"The banking industry takes that money for their own, by either killing the account with service charges, or simply marking the account as inactive and then taking the assets after a suitable period of time." While they might run it dry due to service charges, they cannot 'take the assets.' This is regularly presented in the news, and I am surprised you missed it. Any money deposited in a Canadian bank that has had no activity for 10 years or more is declared unclaimed. This includes deposits in the form of savings accounts, bank drafts, certified cheques, deposit receipts, money orders or travelers cheques. The Canadian Government maintains the balances and acts as a custodian on the owners behalf until they return to claim there money. [ http://www.cuar.ca/faq.php ] C8j said:”The banking industry takes that money for their own, by either killing the account with service charges, or simply marking the account as inactive and then taking the assets after a suitable period of time.”

While they might run it dry due to service charges, they cannot ‘take the assets.’ This is regularly presented in the news, and I am surprised you missed it.

Any money deposited in a Canadian bank that has had no activity for 10 years or more is declared unclaimed. This includes deposits in the form of savings accounts, bank drafts, certified cheques, deposit receipts, money orders or travelers cheques. The Canadian Government maintains the balances and acts as a custodian on the owners behalf until they return to claim there money.
[ http://www.cuar.ca/faq.php ]

]]> By: Traciatim http://www.canajunfinances.com/2008/12/11/strikes-bce-td-and-advent/comment-page-1/#comment-3722 Traciatim Thu, 11 Dec 2008 13:29:00 +0000 http://www.canajunfinances.com/?p=2037#comment-3722 I was going to do some union bashing about the greedy unions and how they are destroying honest work, but i guess the forums over at CTV already covered everything. http://ottawa.ctv.ca/servlet/an/local/CTVNews/20081209/OTT_Strike_081209/20081210?hub=Ottawa I was going to do some union bashing about the greedy unions and how they are destroying honest work, but i guess the forums over at CTV already covered everything.

http://ottawa.ctv.ca/servlet/an/local/CTVNews/20081209/OTT_Strike_081209/20081210?hub=Ottawa

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