Alexandre Guay News Today

“You will receive an unexpected phone call from someone claiming to be a relative. They tell you they are in a crisis and need your help. They need your money,” Insp. Paul Rinkoff says in a video published by the Toronto Police Service.

What happens after vigilance fails and scammers capitalize in on a senior’s good nature? This is how Canadian banks are responding to the grandparent scam.

The banks provided few details and said new terms will be decided on case-by-case basis

Most of Canada’s major banks are now offering the First Home Savings Account (FHSA) as a way to help Canadians save up for one of the biggest purchases they’ll make

About 50% of borrowers with variable-rate, fixed-payment mortgages have hit the trigger rate, where monthly payments may rise. Find out more

About 50% of borrowers with variable-rate, fixed-payment mortgages have hit the trigger rate, where monthly payments may rise. Find out more