Stay updated with breaking news from Alexandre Guay. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
“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.'
/cloudfront-us-east-1.images.arcpublishing.com/tgam/QWHTDIN2TNAZBI7AOST7RY7MRA.jpg)
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