Credit Card Fraud in Canada: Latest 2024 Statistics, Trends & Prevention Tips
Clearly Payments
AUGUST 8, 2025
Canada’s fraud rate is lower than that of the United States, but growth in organized fraud rings, AI-powered scams, and phishing attacks shows the threat is evolving. Majority of Canadian card fraud losses Phishing, Smishing & Vishing Email, text, or phone scams trick victims into revealing card data.
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