this post was submitted on 22 Sep 2023
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It was a certified cheque, not a bank draft. Granted, that poses much the same problem.
This is US law, maybe Canada has different rules, but:
https://www.sapling.com/8611754/do-void-certified-check
The CP admitting that they lost the check should suffice as evidence that the cheque has been "lost, destroyed or stolen".
Imagine a bank robbery and the robbers demand the tellers issue a bank draft / certified check to the robbers actual name.
At the end of the robbery the bank has, a serial number of the check, the payer name.
It would be silly to expect this bank to honor this bank draft / certified check. They simply wouldn't do it.
So the rest of the "we can't prevent double spend of this bank draft", is silly. They can verify the payee, pay the draft and cancel the original draft by serial number.