Poilievre Wants to Stop Scams on Seniors... But Can He?

Poilievre wants to protect Canadian seniors from scammers

Less than two weeks to go before the federal election on April 28 and Conservative leader Pierre Poilievre has pitched the idea of preventing seniors from being scammed by passing the "Stop scamming seniors act", forcing banks and telecom companies to use state of the art technology to detect scams.

Not only that, there will also be automatic blocking of seniors' accounts when there are suspicious transactions, and a 24-hour hold on high-risk transactions for seniors. There would also be active reporting to the public of how many scams have been stopped, while those who are convicted of these scams would be sentenced to at least one year, and up to five years in jail.

While these proposals are well-meaning, how would it all work?

Poilievre doesn't seem to understand that many scams don't originate from Canada but abroad and the nefarious ways they can "mistakenly" text someone and strike up a conversation and soon becomes a trusted friend. 

It's after months of daily contact that the scammer eventually begins the extraction of money for "investment", and by that point the victim is so driven by the dreams of becoming wealthy that they will do whatever it takes to transfer the funds to the scammer.

Some of these conversations aren't even in English or French. How to stop these scams in other languages?

And what if a senior is legitimately trying to purchase a big ticket item? They need to wait 24 hours before they can make the transaction? It makes them feel like children.

In addition, it would be so hard for banks and telecom companies to detect scams -- while there are some bank tellers who are alert and flag customers who come in asking to transfer large amounts of money with strange requests, a lot of funds are transferred through setting up crypto accounts or online transfers. 

We could do with fewer spam calls and texts, but it's harder to crack down on scammers than Poilievre thinks and to educate seniors to be on alert...