VICTORIA --
The BC Unclaimed Property Society (BCUPS) says there's been a renewed interest in the dormant and forgotten funds it holds onto on behalf of British Columbians amid the COVID-19 pandemic.
BCUPS says it has more than $149 million under its care, which comes from a range of sources, including financial institutions, estates and real estate deposits, inactive credit union accounts, unpaid wages, overpayments to debt collectors and more.
The society notes that it does not oversee forgotten funds from dormant bank accounts, which are the responsibility of the Bank of Canada.
"The COVID-19 pandemic upended British Columbians' financial well-being prompting many cash-strapped individuals to look for non-traditional sources of funds such as unclaimed assets," said Alena Levitz, executive director of BCUPS in a release Monday.