×
Welcome To
Acadia Broadcasting NewsThe Latest and Greatest ContentYour Trusted Local Source

Newsroom

epridnia / Depositphotos.com

You could own some of the $33 million of unclaimed property in N.B.

By Jacob Moore Oct 31, 2024 | 5:55 AM

The New Brunswick Unclaimed Property Program has reunited people with property valued at more than $1.7 million since the initiative started a year ago.

People can search the website for free to see if they have any unclaimed property by entering their name into a search engine. The search generates a list of anything reported to the program, which is run by the Financial and Consumer Services Commission.

Marissa Sollows, spokesperson for the commission, said more than 60,000 people have searched the site for unclaimed property since it opened in October 2023, according to a news release.

“That can be anything from money forgotten in a credit union account to a damage deposit that a tenant forgot to collect after moving out of an apartment,” she wrote in the release.

Most unclaimed things are worth between $200 and $500, but several things worth more than $70,000 are still waiting for owners to claim them.

An estate worth $66,000 was the largest claim made through the program. Since it opened, it has approved 364 claims.

In total, more than $33 million of unclaimed property has been reported to the program. The commission expects that number to grow after the program’s third reporting period, when businesses must report their unclaimed monetary property in the new year.

“For those who searched their name and didn’t find anything the first time, they may want to do so again as new unclaimed property is continually added to the database as it is received,” Sollows wrote in the release.