Canadian Stocks/Edperbrascan Corporation
While going through the estate papers of my parents I found 300 shares to the Edperbrascan Corporation dated 04-Sept 1997. What can you tell me, are they still in business? Thank you for your time.
Jan, EdperBrascan has had a couple of name changes and is now Brookfield Asset Management, which trades on the TSX and New York Stock Exchange for about $34 a share. You will need to contact the current transfer agent, Canadian Stock Transfer (www.canstockta.com) to determine if those shares are valid. Also, if so, there have been a significant number of dividends and special dividends since 1997, so I suggest you see if your parents received those checks or if they were turned over to the State as unclaimed property waiting for you to claim them.