Initiatives launched across Canada to raise awareness ahead of World Elder Abuse Awareness Day

MONTREAL, June 15, 2021 /CNW Telbec/ – The Canadian Securities Administrators (CSA) today published results of a new survey that found nearly 29 per cent of Canadians know a victim of financial elder abuse, while 42 per cent said they could not recognize the signs of financial abuse and only 47 per cent knew where to report cases of abuse.

The CSA and its members are providing resources and holding events to raise awareness of financial elder abuse to mark World Elder Abuse Awareness Day (WEAAD) on June 15, 2021. Financial abuse is the most common form of elder abuse, and it typically occurs over an extended period of time. Financial abuse of older adults can include the use and/or control of the individual’s money or investments through undue pressure, illegal or unauthorized acts.

“As Canada’s population ages, it is extremely important…

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