In this vital episode of the CanadianSME Small Business Podcast, we delve into a pressing issue that affects newcomers to Canada - the alarming experience of being targeted for financial scams. Recent findings by Interac Corp highlight that over half of the newcomer respondents have encountered fraud, feeling more susceptible to money scams than the general population. However, there's a beacon of hope, as many are eager to learn how to defend themselves against such deceptions.
Joined us to explore this critical topic is Rachel Jolicoeur, Director of Fraud Mitigation and Strategy at Interac Corp. We'll discuss the disturbing trends revealed by the survey, common tactics used by scammers, and the significant impact of these scams on newcomers' financial confidence and mental health. Additionally, Rachel will introduce the "Mindfulness & Money for Newcomers and International Students" program, a collaborative effort between Interac and Conscious Economics aimed at empowering newcomers with essential financial literacy and fraud prevention skills.
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We extend our heartfelt gratitude to Rachel Jolicoeur for sharing her expertise on this crucial issue. Her insights and advice on combating financial fraud for newcomers are invaluable.
We also want to thank our podcast partners for their continued support. Our sincere appreciation goes to RBC, UPS, and Xero for their partnership and contributions.
If you found this episode informative, please subscribe at https://canadiansme.ca/subscription/, rate us, and leave a review. Your feedback is crucial for our improvement and in helping us reach a broader audience. Stay vigilant against financial scams, and remember to explore resources like "Mindfulness & Money for Newcomers and International Students" to stay informed and protected.