Unclaimed Property

Scope

British Columbia has enacted regulations respecting the monitoring, reporting and remittance of unclaimed property. As a securities dealer with significant operations in British Columbia, Leede Jones Gable Inc. (“Leede”) is subject to these regulations. Leede has enacted this policy in order to comply with these regulations.

The Unclaimed Property Act (British Columbia) applies to property if the last known address of the client was in British Columbia and the client’s account was opened or the transaction from which the property arose occurred after July 1, 2000. This policy applies to all client assets in every province in which Leede operates.

Triggering Events

Under the following circumstances, assets will be deemed to be unclaimed if:

• A client’s mail is returned to Leede.
• A client’s cheque remains un-cashed and outstanding three years after the date of issue.
• A client has failed to respond, by the required date, to a requirement to take a certain action by a given date.
• A period of three years has passed without a client indicating an interest in property.
• A period of five years has passed since the date distribution from an RSP or RIF became mandatory without the occurrence of the client increasing or decreasing the principal of the account, the client accepting payment of principal or interest from the RSP or RIF or receipt by Leede of an indication of the client’s interest in the property.

For the purposes of the triggering events described above, a client “indicates an interest in property” when the client provides instructions for a trade, confirms or updates investor profile information, or makes an inquiry or confirms an interest with respect to an account to an employee of Leede.

Leede’s Action to Locate Client

Once a triggering event has occurred, Leede will record the client’s name, account number, date of triggering event and nature of the triggering event in a database and Leede will use reasonable efforts to locate the client for a period of six months. Leede considers reasonable efforts to include one or more of the following:

• Using online resources to locate the client.
• Reviewing other Leede accounts related or connected to the client that may have different contact particulars.
• Attempting to contact the client by telephone and e-mail at the client’s last known telephone or e-mail address as applicable.

If the client has not been located within 12 months of the triggering event, the property will be designated as unclaimed.

Public Disclosure

Leede will provide public notice of the availability of information with respect to unclaimed property on its web site by publishing the following link on its home page – “Unclaimed Property Notice”. That link will direct the public to this policy.

Questions with respect to unclaimed property or this policy can be made in writing to:

Leede Jones Gable Inc.
Attention: Operations Manager
3415 – 421 7th Avenue SW
Calgary Alberta T2P 4K9

Proof of Claims

Leede must be satisfied of any claimant’s identity and entitlement to any funds prior to releasing such funds. Therefore, all claims must be submitted to Leede in writing and any claimant must provide at least two pieces of identification, at least one of which is photo identification. Such documentation must provide the name, signature and date of birth of the claimant. The claimant’s Social Insurance Number should also be provided.

All claimants will be requested to provide an adequate description of the account’s operation, including, but not limited to, the date that the account was opened, the type of account, the approximate value of the account and trading activity in the account, all of which will be compared against the account’s history.

All claimants must execute an indemnity agreement prior to the release of assets by Leede to the claimant.