Beware of CRA phone scams
Is that the CRA calling you—or is it a scammer? The Canada Revenue Agency (CRA) is warning taxpayers to watch out for scammers who impersonate its agents, demanding immediate payment for taxes owed and issuing threats of fines, criminal charges, jail time and even deportation if you fail
Read MoreHow to protect yourself from identity fraud in Canada
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of
Read MoreFinancial fraud in Canada: What to do if your bank account or credit card is compromised
Ask MoneySense We have been defrauded of over $20,000 by someone who was able to make unauthorized e-transfers from our bank accounts. The bank has recovered a small portion of them, and it has refused responsibility for any more. I am at level three of the complaint process,
Read MoreWhy do Canadians keep falling for scams?
Many Canadians have learned common telltale signs of phishing emails and fraudulent websites, such as poor spelling, fuzzy logos and sketchy-looking URLs. That knowledge is key, but it’s no longer enough to avoid becoming a victim. Scams are always evolving, becoming more sophisticated and more convincing. And, with
Read MoreWhen Will Housing Prices Fall?
We also answered questions about the difference between a portfolio and a plan, personal finance advice for someone who lost their job, when to go from DIY to an advisor and how to get out of your illiquid investments. Further Reading: Timing the Housing Market: When Should You
Read MoreProfessional Deal Finder Reveals Truth About Cheap Airfare
Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Professional Deal Finder Reveals Truth About Cheap Airfare originally appeared on NerdWallet. Sally FrenchSource
Read MoreSearching for Tariff-Proof Investments? Start Here
Sam Taube writes for NerdWallet. Email: staube@nerdwallet.com. The article Searching for Tariff-Proof Investments? Start Here originally appeared on NerdWallet. Sam TaubeSource
Read MoreUse These 7 Credit Card Tips to Stretch Your Budget
Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article Use These 7 Credit Card Tips to Stretch Your Budget originally appeared on NerdWallet. Melissa LambarenaSource
Read MoreSki-Doo maker BRP reports Q4 earnings, delays financial forecast
Economic uncertainty stirred up by whipsawing U.S. tariff threats prompted BRP Inc. to push back its financial forecast for the coming year, with the trade limbo exacerbating weak consumer demand that drove the Ski-Doo maker to an earnings loss last quarter. “There’s still the uncertainty around what’s going to happen
Read More“What a dumb mistake that was”: Dilys D’Cruz on money lessons and “painless saving”
Dilys D’Cruz didn’t grow up around open discussions about money. But now, she found a career in finance as the senior vice president of retail and wealth at Meridian Credit Union. She found that understanding and talking about money enables her to do what she loves, like travelling
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