Scam tipsheet designed for Canadian seniors
To help raise awareness of World Elder Abuse Awareness Day, the Canadian Investment Regulatory Organization (CIRO), is issuing a warning—scams are on the rise, including scams that target seniors. CIRO enforcement data reveals that approximately 30% of all CIRO case assessment files involve seniors. According to CIRO’s 2024 Investor Survey, approximately one in five Canadians have been approached […]
Helpful Tips for Seniors Month in Canada
As several provinces mark Seniors Month in June, the Canadian Bankers Association (CBA) is reaffirming its commitment to financial literacy and raising fraud awareness through its enhanced Fraud Prevention Toolkit for Older Adults. This Toolkit features new and revised guidance designed to empower older Canadians to safeguard their finances, stay vigilant against financial scams, and take action when they encounter fraudulent activities. Canadians […]
