Do you know who is calling? New generative artificial intelligence (AI) can be used to imitate anyone’s voice or face. Learn to protect yourself from scams that use AI clones. Access this resource on the Getsmarteraboutmoney.ca website to learn more.  Watch this video about AI cloning...

If you’re curious about Canadians experiences with buying crypto assets, you’ll want to read the results of the OSC’s Crypto Assets 2023. It provides insights into the evolution of Canadians’ crypto ownership and knowledge. Read the 2022 crypto survey results...

In Canada, laws and regulations protect financial consumers, ensuring they are treated fairly and have access to essential banking services. These rules prioritize helping people achieve better financial outcomes, especially concerning homeownership and mortgage difficulties. The Canada Mortgage...

In Canada, governments provide seniors with a spectrum of income supports and programs intended to maintain a baseline standard of living in retirement. For many years, the social safety net has been praised for producing lower poverty rates for seniors, as measured by the Market Basket Measure...

November 26 is National Economic Abuse Awareness day.  The Canadian Centre for Women's Empowerment has published their report on the state of economic abuse in Canada; championing financially strong futures for survivors.  Here are some additional resources of potential interest: The economic...

As cash use, access, and acceptance declines in Canada, vulnerable demographics are at risk of being left behind. For many, cash is more than just a method of payment. The growing pattern of electronic payments means that cash could become more scarce, threatening those who rely on it. While a...

Between the high cost of living and inflation, many of us are struggling with debt. But with financial advice available everywhere - from your uncle’s friend to social media influencers, it can be easy to feel overwhelmed and hard to know whose advice you can trust. Learning some key warning...

The banking industry has long recognized that it has a role to play strengthening the financial literacy skills of all Canadians. That’s why the CBA administers Your Money Seniors, a free, non-commercial seminar program developed in collaboration with the Financial Consumer Agency of Canada...

World Elder Abuse Awareness Day takes place each year on June 15th and is a good opportunity to remind ourselves, friends and family about the importance of recognizing the signs of financial abuse and taking preventative measures.  Older adults are often the target of financial abuse, but anyone...

All investments come with risk. Generally, the higher the potential return an investment offers, the higher the risk. But there is no guarantee higher risk investments will pay off with higher growth or dividends. That’s why it’s important to know how much risk you are comfortable with....

You’ve likely seen news stories about the changing value of various crypto currencies and other crypto assets. And you may be curious about whether investing in crypto could lead to a windfall. But remember that new investing technologies, like crypto trading platforms, still come with the same...

During the income tax filing season, scammers pose as representatives of the Canada Revenue Agency (CRA) in an attempt to trick you into sending payment for fictitious "debts" or into providing sensitive personal information that they can use to commit fraud. Learn more on how to spot tax season...

Discover a new quiz site to help Canadians and Canadian small businesses protect against phishing scams.  The Canadian Bankers Association has created four quizzes for Canadians to learn more about cyber fraud and how to prevent becoming a victim.  Quiz #1: Phish, vish, smish Quiz #2: Social...

Test your knowledge on fraud prevention by answering these 11...

If you have a complaint, it is important you fully understand your rights, so that you don’t feel taken advantage of during the process. After reading the guide, you will: ● Know how and who to contact when you first make a complaint. ● Understand your basic rights during the process,...

Financial Services Regulatory Authority of Ontario commissioned a research study that focused on consumer attitudes, how consumers are engaging with financial services, and consumer characteristics such as vulnerability. Insights from the research are allowing FSRA to better understand the...

One of the consequences of social distancing and other restrictions, during the pandemic, such as those on business operating hours, is that consumers spent more of their time searching for information, shopping, and streaming entertainment on-line. With more free time on their hands and money in...

Are you considering investing in crypto assets, but aren’t sure whether it’s right for you, legal or just a scam? Test your crypto knowledge and learn how to spot the warning signs of fraud using OSC's...

Learn more about fraud in this latest set of videos by the Ontario Securities Commission.  Investment fraud Pump and dump scams Fake government messages Warnings about your finances Work from home scams Quick high-return...

This study by the Ontario Securities Commission examines Canadians’ crypto ownership and knowledge. It found 13% of Canadians currently own crypto assets or crypto funds. The study also found most Canadians did not have a working knowledge of the practical, legal and regulatory dimensions of...

The Canadian Bankers Association has created a new Cyber Security Awareness Quiz site to test your knowledge and ability to spot a “phishy” email, message or...

Banks take fraud very seriously and have highly sophisticated security systems and teams of experts to protect you from financial fraud. As a banking customer, there are also simple steps you can take to recognize cyber crime and protect your personal information and your money. Educating yourself,...

Fraudsters often use emotions to lure people in, making a person feel afraid of missing out on an opportunity that others are profiting from.  With all the cryptocurrency hype in the media and online, it’s no surprise that scammers are taking note and trying to cash in on investors’ interest...

While cyber criminals are always looking for ways to trick you into revealing information they can use to access your accounts, we have a few simple tips to avoid getting tricked by “one time passcode” scams that you may encounter while attempting to access your accounts...

There are also simple steps you can take to recognize cyber threats and protect yourself. With a cyber hygiene checklist and tips on how to spot common scams, the CBA’s Cyber Security Toolkit can help you protect against online financial...