CRA Reporting $1.4 Billion in Uncashed Cheques

Monday, 8 August 2022 14:30

By Linda Morgan

Agency to send email notifications about uncashed cheques to 25,000 Canadians this month.

The Canada Revenue Agency says it has about $1.4 billion worth of uncashed cheques.

The federal agency says it will send out e-mail notifications about uncashed cheques to about 25,000 Canadians this month.

According to CRA, some of the cheques date back as far as 1998.

Another 25,000 Canadians will get email notifications in November, followed by 25,000 more in May 2023.

Each year, the CRA issues millions of payments for benefits and refunds.

In February 2020, the CRA kicked off a campaign to get Canadians to cash their cheques.

So far, about $800 million has been returned to taxpayers.

You can find a link to the CRA here.

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