Most Canadians Say Talking About Fraud Is Key to Reducing Risk and Breaking Stigma, TD Survey Finds

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Most Canadians Say Talking About Fraud Is Key to Reducing Risk and Breaking Stigma, TD Survey Finds /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prntal{ TEXT-ALIGN: LEFT } Canada NewsWire 62% believe open conversations could help reduce fraud risk, yet only 23% regularly talk about scams with familyTORONTO, June 8, 2026 /CNW/ - Many Canadians say they believe talking openly about fraud could help prevent scams and protect their finances, yet most aren't having these conversations, according to a TD survey. Key findings from this TD survey:62% of Canadians polled say regular family conversations about scams would make them feel less vulnerable to fraud.Only 23% report these conversations happen consistently.52% of Gen Z say they would feel too embarrassed to share their own fraud experiences, while 28% of Canadians overall say the same, highlighting a larger stigma gap among younger Canadians.75% of Gen Z say open family discussions would help them feel less vulnerable to fraudThe results highlight a gap between awareness and action in fraud prevention, as many Canadians understand the risks but don't regularly discuss scams with their loved ones."Talking openly about fraud can help remove stigma and empower more Canadians to spot scams earlier. Even simple conversations can help to build the awareness and confidence to take action when facing a suspicious situation," said Tarundeep Dhot, Vice President of Fraud Management at TD. "Canadians don't have to navigate fraud risks alone. Sharing experiences and tips with people you trust can be a powerful way to stay one step ahead of scammers." TD encourages Canadians to make fraud prevention part of everyday conversations, helping to build financial confidence and resilience across generations. Fraud Prevention FAQsHow can I protect myself from financial fraud?A tried-and-true way to protect yourself from financial fraud is to pause, verify, and stay alert to unsolicited requests. Avoid clicking unknown links, always confirm who you're dealing with, understand what your bank will never ask you to do, and monitor your accounts regularly to catch suspicious activity early.Why is ...

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