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Canadian Stocks/Edperbrascan Corporation

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Question
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.

Answer
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.

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