Matured Alberta Capital Bonds and Savings Certificates
The process for redeeming matured Alberta Capital Bonds and Savings Certificates has changed. Bond and certificate holders need to understand the correct procedure for redeeming their matured bonds or certificates.
These bonds were originally redeemed by presenting the matured bond to a financial institution. This process is no longer valid. If you are in possession of an old Alberta Capital Bond, do not take it to your financial institution for redemption.
The funds are still available, and these un-redeemed bond payments are being managed by the Unclaimed Properties Trust.
Purchasers of these certificates were not issued a physical bond as in previous years. Instead, they were provided with a receipt, which confirmed the investment. The Registrar redeemed these certificates upon maturity by either direct deposit or by cheque made payable to the original Savings Certificate Holder. However, if a certificate holder moved or changed their address without informing the registrar, those matured certificate payments were unsuccessful. The funds are still available, and these unprocessed payments are now being managed by the Unclaimed Properties Trust.
Alberta Treasury Board and Finance
Tax and Revenue Administration – Unclaimed Property
9811 - 109 Street
Edmonton, AB T5K 2L5
780-427-3044 (in Edmonton)
310-0000, then 427-3044 ( toll-free within Alberta)