The Canada Revenue Agency says nearly 9 million Canadians owe some kind of government money and will send reminders starting this month to tens of thousands of people to let them know.
The Canada Revenue Agency said Monday it has about $1.4 billion worth of uncashed checks on its books, some of which were due as far back as 1998. As of May, 8.9 million Canadians had some type of uncashed check attached to his name. The average amount owed is $158, the tax agency said.
“We want to make sure that this money ends up where it belongs.” In the taxpayers’ pockets!” said the tax agency.
The tax agency said it will soon notify approximately 25,000 recipients of the Canada Child Benefit and related provincial/territorial programs, the GST/HST credit and the Alberta Energy Tax Refund if they are owed money. Another batch of 25,000 will be notified in November and another batch in May 2023.
While the tax agency processes billions of dollars in taxes and rebates each year, not all of it ends up in the hands of eligible Canadians, mostly because people either lose checks or change addresses, meaning , that they never got them in the first place.
The CRA began working on its backlog of uncashed checks in February 2020 and since then said it has returned $802 million to taxpayers who owed money and didn’t know it.
The CRA said Canadians can check if they have outstanding payments by logging in or registering for an online CRA account.
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