CRA says it has $1.4 billion in uncashed cheques sitting in its coffers

OTTAWA — The Canada Revenue Agency says it will be sending e-notifications about uncashed cheques to 25,000 Canadians this month. 

The federal agency says it has approximately $1.4 billion worth of uncashed cheques in its coffers that have accumulated over the years, with some dating back to 1998. 

Each year, the CRA issues millions of payments in the form of benefits and refunds, but some cheques remain uncashed for various reasons, including misplacing a cheque or changing addresses. 

Another 25,000 Canadians will receive e-notifications in November, followed by 25,000 more in May 2023.