The federal Liberals plan to unfurl measures in the present day to counter fraud and strengthen Canadians’ monetary safety — the newest in a sequence of pre-budget bulletins.
Finance Minister François-Philippe Champagne is to be joined at a information convention by Public Safety Minister Gary Anandasangaree and Stephanie McLean, secretary of state for seniors.
The Canadian Anti-Fraud Centre has documented greater than 30 forms of fraud concentrating on Canadian customers and companies.
The centre’s most up-to-date annual statistical report says people below age 50 have been extra prone to be victimized by fraud, however these over age 50 misplaced extra money on common per fraud.
The report for 2024 provides that the full quantity misplaced by individuals 60 and older made up about 40 per cent of the general greenback loss reported to the centre.
In the spring federal election marketing campaign, the Conservatives proposed guaranteeing Canadian banks and cellphone firms do a greater job of detecting scams, alerting potential victims and blocking suspected fraud in actual time.
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The Conservatives additionally promised to extend fines and jail sentences for criminals who defraud weak Canadians, ought to they type authorities.
Champagne is slated to current the federal price range Nov. 4.
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