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What happens if you don’t file your taxes (and how to fix it) Mar 27th
Every year, many Canadians tell themselves they’ll file their taxes “soon.” But life can get busy, paperwork piles up, and before they know it, one missed deadline turns into several.
For one woman, “soon” turned into 14 years. She had worked at the same job for over 20 years, wit.... More »
City hall is banking on Toronto’s real estate market picking up in 2026. What’s behind their optimism? + MORE Jan 11th
Budget prediction comes as last year's Toronto-area home sales hit a 25-year low..... More »
Fintech platforms outpace bank brokerages in new survey + MORE Apr 9th
Fintech companies are leading in client satisfaction compared with self-directed brokerages at traditional banks, a new report shows. A JD Power survey on investor satisfaction found fintechs aren’t just winning on consumer satisfaction but are also perceived to be more innovative and equally .... More »
Should you pay off a personal loan early? Mar 12th
With bonus and tax refund season underway, the same question tends to resurface: is it worthwhile to make a lump sum payment toward your personal loan, or could that money be better used elsewhere?
In many cases, early repayment reduces interest and removes a monthly obligation. But the decision .... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 9th
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AI-fuelled scams on the rise as holiday shopping begins
– moneysense.ca
As the holiday shopping season approaches, one expert says there are some scam trends emerging that consumers need to watch out for. Larry Zelvin, the head of the financial crimes unit at BMO Financial Group, said new technologies like artificial intelligence are making fraud harder to detect. “The risks are ever-present every day all year long, but when it comes to this time of the year, ’tis the season to steal even more. Retailers are making more money this time of year than any other, so the fraudsters are all over it as well,” Zelvin said.
New digital scams surge during peak shopping
The list of newer scams includes AI-powered fraud, where scammers create fake retailer websites, along with phishing emails or deepfake videos to impersonate brands or influencers. Fraudsters can also embed malicious links in QR codes—a method that’s “extremely widespread,” Zelvin said. “When you scan that QR code, there really is a URL or a website link, but people don’t look at it because it’s small,” he said…
