Ottawa launches consultations for national anti-fraud strategy

The Globe and Mail: Fraud has surged in recent years, with the latest data from the Canadian Anti-Fraud Centre indicating that victims reported more than $704-million in losses in 2025. That likely represents just the tip of the iceberg, as the centre estimates that only 5 per cent to 10 per cent of fraud is reported.

Consumer advocates and the Bloc Québécois have proposed that banks be required to reimburse customers who fall victim to fraud, pointing to Britain, where the liability is split equally between the bank that sent the money and the one that received it…