A16 - The Terrace Standard, Wednesday, February ] 7, 1999

WEI
co ey

GANK OF CANADA a ae - o. : : a mo oo
ae ee Unclaimed Balances -
!

Individual or Organization Name (c.g. John Doe or Acme Sales):

Recycl e Yourself. Decide to Be an Organ Donor

and Tell Your Family.

Satish
Columbia CATADIAN
Transplant . LIVER
IB sociaty . FOUNDATION .

Te Kinny Boca ties,
se ayapa

ach : ;
(604) 736-9775 on 100-567-8112 (604) 877-2100 or 1-800-663-6189 . (604) 681-4598 or 1-800-856-7266

WHAT WAS it with sports
‘teams here in the early
1980s?

They opened bank ac-
counts, made deposits and
then, apparently, — dis-
appeared,

Aud now their money
resides in a special account
with the Bank of Canada in
Ottawa,

The Terrace Native Sports
Association, with an address
on Davis Ave., last used its
account at the Royal Bank
here in 1982,

After 10 years of na ac-
tivity, its $52.40 was sent
back east. ‘

I’s the same wilh the
$77.45 helonging ta the Ter-
race Left Handed Golfers, ,
using a Bruce St. address.
lis account bas — been
dormant since 1983 and the
money was sent to Oltawa
in 1993,

Anybody remember the
Terrace Iron Horse Hockey
Team? Your Royal Bank ac-
count containing $100.37
was alsa last used in 1983,

The Terrace Soccer Club
had $129.21 in the Canadian
Imperial Bank of Commerce
here until 1994 when il, too,
was sent lo the Bank of
Canada. _—

The good news is that this
money can be claimed from
the Bank of Canada- pro-~
vided the group or person
can provide the necessary
proof,

Each year millions of dol- .
lars resting in dormant ac-
counts is sent to the Bank of
Canada where it rests, wailt-
ing for the rightful claimer
to appear.

(Those curious about these

Getting |
ready —

IT MAY be winter, but the
1999 forest fire season will
soon be here and the B.C.
Forest Service is recruiting
firefighters.

They need to pass a physi-
cal fitness test and a multi-
ple choice job-knowledge
test before final interviews,
says local forest service of
ficial Steve Westby.

Last year aboul 10 percent
of the 1,200 people that ap-
plied were accepted.

highly motivated, have ex-
cellent team spirit and will
be committed to the safest
possible work standards.
Last year was a big fire’
- year for the B.C, Forest Ser-:
vice. ;
Nat only did_ firefighters:
work hard to fight raging --
tires near Salmon Ann and
Kamloops that. evacuated -
thousands of people in the
Okanagon, but the service
spent $5.9 million putting
oul 124 norlbwest fires that
burned 29,300ha of land..
Most of that land was con,
_ sued near Telegraph
Creek where lightning ig-
nited 25,000ba of forest and
fire fighters issued
voluntary evacuation notices
lo people with health prob-
lems.

first week of July and didn’t
completely stop buming un-
(il the cnd of August when
fall rains doused residual
smoke, said Westby,
Smaller fires also raged

Westby.

Northwest firefighters also
speml their May and June
months in Alberta to ald
firefighters there.

drought conditions, ~~

Candidates have. to be —

The fires started in the

near Allin and Fireside, sald

He blamed the tough sea. .
son ol a. drier Bl Nino.
winter which. tuned. into ...

_ BANK OF CANADA website contains information on retrieve the money. Local sports groups are among
unclained bank accounts and guidelines on how to jocal accounts that can be searched on-line.

Local groups have money —
resting in special accounts

and other donnant accounts
can check them ont on the
Bank of Canada website at
wwwbank-banque-
canada.ca under the Un-
claimed Balances connec-
tion.)

Balances of less than $500
are kept for 20 years in total
before being turned over for
use as general government
revenile.

Accounts of more than
$500 are kept indefinitely.

Banks are required to try
and coutact account holders
after two years of no ac-
tivity and then after five
years. After the 10th year,.
the money is then sent to the
Bank of Canada.

As at the end of Novem-
ber 199%, approximately
770,000 unclaimed
balances, worth some. $132
million, were on the bank’s
books.

Over 88 per cent of these
were under $500 represent-
ing 33 per cent of the total

‘ an account at the Bank of Jim Culp, one of three

value outstanding. The $18.13 belonging to the
oldest balance dates back to First Skecna Land Rangers
1900. which was forwarded in.
Athletes aren’t the only 1993.
peaple suffering from finan- One of the bigger local
cia] amuiesia, ones found on the Bank. of
The Terrace Association Canada website is that of
for People with Disabilities Skeena Environmental Con-
has $1£1.77 which was sent sultants.
to Ottawa in 1994, It had $555 in a Bank of
The Terrace Junior Forest Montreal account which
Wardens Club, using a was transferred to Ottawa in
Straume Ave. address, had 1993,

Montreal. Its $183.63 was partners in the now-defunct
seit to Ottawa in 1996, company, said last week he
And the Terrace Justice was aware of the account’s
Council had an account at existence.
the Toronto-Dominion Bank = But given that one of his
conlaining $476.49 until ex-partmers is. now | in *
1996, Oregon and the other in Al-
Something called Terrace, berta, getting the three of
Reality with an account set them together ta make a
up by the Real Estate Coun- claim would be difficult,
cil of B.C. had $25 at the Culp added.
Bank of Montreal. The ac- “I know where the fellow
count was last used in 1983 is in Alberta and I guess I
and the money was sent to could track down the person
Ottawa in 1993. - in Oregon if 1 was really

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