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Common Scams and Frauds in 2024

It may not come as a surprise to learn that the most common scams and frauds happening in 2024 are all online. Digital infrastructure gives fraudsters the ability to communicate with individuals all over the world while maintaining anonymity. 

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CRA Scam Season

With the 2023 tax season in the rear window, the time for CRA scams is now upon us. Unfortunately, as we all know, there are many people looking to take advantage of unsuspecting individuals. 

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How are mortgage rates set?

With the recent Bank of Canada’s most recent 0.25 per cent drop on prime rates, many are wondering if mortgage rates will further decrease over the rest of 2024. While it’s difficult to predict exactly what will happen with interest rates, it’s important to remember that those older rates were among the lowest in Canadian history.  

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Make the Most of Summer in Manitoba

Summer is finally here and it's time to take advantage of the beautiful weather. While many are quick to suggest a trip somewhere tropical or down south, our own province has plenty of beautiful sights, great food, and sandy beaches to explore.

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Identity Theft

Identity theft is a rapidly growing form of internet fraud, commonly led by "phishing". Phishing can lead to financial loss, identity theft, and the destruction of confidence in any institution whose site has been phished.

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How well protected are you from fraud?

According to the Canadian Anti-Fraud Centre, in 2023, 41,111 Canadians reported falling victim to fraud. From those reports, over $554 million was stolen. When you consider the number of unreported scams, the real number could potentially be over $1 billion.

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