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Bank Scam in Canada: Why UK Victims Get Refunds and You Might Not

  Canadian Money Brief · Scam Watch · October 24, 2026 Two people got the same phone call. Both were told a bank fraud investigator needed their debit card as “evidence.” Both handed it to a courier. Both watched money vanish from their accounts. One of them had the entire loss refunded within days. The other was told the loss was on him . The difference wasn’t the scam, the bank or the carelessness. It was the country. What it means for you Canadian banks are not legally required to reimburse you when you’re tricked into handing over money or card access. Unless that changes, your best protection is knowing the script and acting fast. The checklists below take about two minutes to read. Same scam, two countries, two outcomes CBC’s Marketplace investigated this week and compared two victims of a bank-impersonation scam. In Canada, Asif Mohammed lost $7,200 this spring and never got all of it back. The caller claimed his card was needed as evidence and said his case had been passe...
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Canada’s Carbon Price Increases: What You Need to Know


Canada’s carbon price has taken center stage once again as it ramps up despite calls from several provincial leaders for a pause. Prime Minister Justin Trudeau’s minority Liberal government considers the carbon price a cornerstone policy in the fight against climate change. But what does this increase mean for Canadians?

The looming April 1 carbon price hike is not an unexpected surprise. The idea behind it is simple: by putting a price on pollution, people will be incentivized to use fewer fossil fuels, ultimately driving down emissions from our economy. This incremental approach is part of the government’s overall pricing scheme, with planned increases until at least 2030. Provinces and territories can voluntarily adopt the federal pricing system or face the federal backstop plan to ensure consistent carbon pricing across Canada.

The planned increase will be most noticeable at the gas station and on energy bills in provinces and territories where the federal backstop plan applies. While it’s true that the carbon price contributes to energy costs, it remains a smaller factor compared to global oil prices and corporate profitability. So, while you might notice a slight uptick at the pump, it’s essential to recognize that the effects on household affordability are not as dramatic as some might fear.

Canadians will also experience indirect effects, such as transportation costs filtering down into food prices. But remember, this is part of a broader effort to create a more sustainable future for our planet.

In summary, brace yourselves for the carbon price increase, but keep in mind that it’s a step toward a greener, cleaner Canada. 

Sources:

  1. Global News
  2. Global News Video
  3. Global News
  4. Global News
  5. Global News
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