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That may put you at riskOver half of Canadians report behaviours that increase fraud vulnerabilityLast updated 47 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.About a quarter of Canadians indicate that they or a family member has been the victim of fraud within the past year. 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Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try again“Confidence can be a double-edged sword when it comes to fraud prevention,” Tarundeep Dhot, vice president of fraud management at TD, said in a news release.“While it’s encouraging that Canadians feel aware, overconfidence can sometimes lead to quick decisions or overlooked warning signs that scammers rely on. Bad actors are counting on people moving quickly or assuming they’re not at risk.”Business owners are equally self-assured. Eighty-eight per cent of respondents are confident in their ability to spot fraud impacting their business, while 76 per cent said they have safeguards in place to protect themselves.Still, 49 per cent of business owners have been the victim of a fraud attempt in the last year.As of June 30, Canadians have lost $351 million to fraud across 9,935 victims this year, according to the Canadian Anti-Fraud Centre. In 2025, Canadians lost $704 million to fraud.Despite their confidence in detecting fraud, more than half of Canadians admit to behaviours that would make them susceptible to it, such as opening email attachments from unknown senders or accessing financial information on public Wi-Fi.Younger Canadians are the most adept at detecting fraud and are largely willing to help a family member, but generation Z is also the most likely to click a suspicious link, the report found.“Younger Canadians are often seen as tech savvy, and many are taking on the role of helping others navigate fraud risks,” Dhot said. “But digital literacy alone isn’t enough. Staying safe requires ongoing awareness, conversations and a willingness to pause and verify — even when something appears to be familiar.”TD Bank recommends slowing down before making a decision, avoiding public Wi-Fi, regularly discussing fraud with loved ones and avoiding clicking on links or downloading files from suspicious texts or emails.Sign up here to get Posthaste delivered straight to your inbox.Ford Motor Co.’s raised its outlook on Tuesday as consumers snap up the automakers line of SUVs.The company is also looking to scale back its EV operations and plans to invest US$2 billion in its new energy storage business.This comes as auto sales in the U.S. were down 10 per cent in the second quarter.Ford’s stock is up 14 per cent this year, beating the S&P 500.1:30 p.m.: Bank of Canada releases its summary of deliberations2 p.m.: U.S. Federal Reserve interest rate announcement followed by press conferenceEarnings: Microsoft Corp., Meta Platforms Inc., HSBC Holdings PLC, Procter & Gamble Co., Starbucks Corp., Canadian Pacific Kansas City Ltd., Agnico Eagle Mines Ltd., Chipotle Mexican Grill Inc., Kinross Gold Corp., SoFi Technologies Inc., Cenovus Energy Inc., Tourmaline Oil Corp.Foreign performers touring in Canada face some steep tax bills. Current rules require the promoter to withhold 15 per cent of any fee paid to the artist, while merchandise licensing can face a withholding rate of 25 per cent. For major acts, that could add up to a more than $4 million payout to the government, writes Kim Moody. Read more here. Interested in energy? The subscriber-only FP West: Energy Insider newsletter brings you exclusive reporting and in-depth analysis on one of the country’s most important sectors.Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at wealth@postmedia.com with your contact info and the gist of your problem and we’ll find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course).Want to learn more about mortgages? Mortgage strategist Robert McLister’s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won’t want to miss. Plus check his mortgage rate page for Canada’s lowest national mortgage rates, updated daily.Visit the Financial Post’s YouTube channel for interviews with Canada’s leading experts in business, economics, housing, the energy sector and more.Today’s Posthaste was written by Ben Cousins with additional reporting from Financial Post staff and Bloomberg.Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com.Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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