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Mutual funds are securities sold through mutual fund dealers, registered with a provincial or territorial securities regulator (like the Ontario Securities Commission) and are sold by financial advisors.
Learn about some different types of advisors and visit CheckBeforeYouInvest. ca to learn how to check registration. The Bank of Canada defines an unclaimed balance as a Canadian-dollar deposit or negotiable instrument issued or held by a federally regulated bank or trust company that has been transferred to the Bank of Canada after it has been inactive for a period of ten (10) years.
This includes GICs, term-deposits, chequing accounts and savings accounts, to name a few.