Don't fall for this COVID loan scam; You might qualify for a credit card refund: CBC's Marketplace cheat sheet - Action News
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Don't fall for this COVID loan scam; You might qualify for a credit card refund: CBC's Marketplace cheat sheet

CBC's Marketplace rounds up the consumer and health news you need this week.

Newsletter: Consumer and health news you need from the week

Two hands holding a cellphone.
Hundreds of Canadians have received text messages and emails from scammers trying to cash in on the COVID-19 pandemic. (Martin Diotte/CBC)

Miss something this week? Don't panic. CBC'sMarketplacerounds up the consumer and health news you need.

Want this in your inbox?Get theMarketplacenewsletter every Friday.

Loan scam targeting Canadians during tough times

As more and more people find themselves out of work, the need for financial relief only grows. But some fraudsters have already started taking advantage of vulnerable Canadians looking for temporary loans. Marketplace'sMakda Ghebreslassie reports.

WATCH | A loan scam targeting Canadians during the pandemic:

Don't fall for this loan scam targeting Canadians during COVID-19

5 years ago
Duration 1:48
It's a time of financial difficulties for Canadians, but many who were searching for loans weren't expecting this unsolicited offer to wind up in their inbox. It looks legitimate, until they ask you to pay hundreds upfront to secure a $20,000 loan. It's called an "advance fee" loan scam. And the Better Business Bureau is warning Canadians that it's on the rise. Watch Makda Ghebresslassie's story.

Already, Canadians have lost more than $1.2 million to COVID-19-related scams.

Check your credit card bill. You may be in for an unexpected financial windfall

It's theMarketplacestory that keeps on giving. Back in 2018, weinvestigated how some credit card companies were charging consumers for insurance coverage they didn't sign up for. Since then, we've had numerous viewers reach outto say they've successfully fought back against the fees.

Reg Evans, pictured below,is one of 13 people who have contacted CBC in the past three months to report they've been refunded a combined total of more than $50,000.Read more

Reg Evans, a Milton, Ont., resident, was able to get a full refund for credit card insurance he didn't sign up for. (Danna Evans)

Why you might be seeing delays on your Canada Post packages

If you're still waiting for a package from Canada Post, it's probably because they're swamped. The agency saysit's processing as many packages a day as it does during the busy Christmas season, and is advising customers to expect delays while it grapples with backlogs at processing centres across the country.Read more

Canada Post has seen a surge in demand for parcel delivery during the pandemic, with numbers comparable to what the service normally processes during the holiday season. (Evan Mitsui/CBC)

How one nursing home director's fast actions may have saved lives

Terry Tonkovich, the executive director of the Ivan Franko Home for seniors in Etobicoke, Ont., acted quickly toimplement a comprehensive pandemic plan, and that might have made all the difference. The Ivan Franko Home has zero cases of COVID-19, even as nearby homes like the Eatonville Care Centre have found themselves under siege from the virus.Read more

So far, there have been no cases of coronavirus and no deaths at the Ivan Franko Home for seniors in Etobicoke, Ont. 'Weve been lucky and were trying hard. Its been a lot of work,' says Terry Tonkovich, the executive director of the home. (CBC)

What else is going on?

Free online 'threat blocker' launched in Canada as successful COVID-19 scams multiply
As the number of successful pandemic-related scams continuesto grow online, Canada's cyber spy agency is helping to launch a new and free threat-blocking tool for all Canadians to use.

Guelph company develops rapid, portable COVID-19 test kit
The test kit takes an hour to get results, and is as accurate as lab testing, says the company.

Food delivery service Foodora says it's closing in Canada on May 11
The company had been fighting an attemptby its workers to unionize.

No more middle seats? Airlines ponder new normal of flying in era of COVID-19
United, Delta, WestJet, EasyJet and other airlines have stopped putting people in the middle seat.

Marketplace needs your help

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