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Investment scheme falsely linked to Canadian government

  • 📰 AFPFactCheck
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

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🇨🇦 This is not a legitimate investment opportunity associated with the Canadian government. The posts link to a website designed to obtain personal information

that asks users to disclose their monthly income, phone number and email address to learn more about the offer.AFP searched for"Canadian Partnership" in the CSA'sengaging with"unsolicited investment offers made online, on social media or over the phone." The agency also advises investors to consult with independent financial experts before pursuing an offer.

AFP queried the CSA and the Ontario Securities Commission about the supposed program, but responses were not forthcoming.The posts include a video with text that says:"The Canadian government has released a platform to support citizens." The clip claims the government backs an effort to"equalize incomes across provinces."refers to how the federal government addresses fiscal disparities between provinces, not individuals.

The video also depicts Prime Minister Justin Trudeau, claiming he spoke about the"Canadian Partnership" program. But the clip is from an unrelated interview.

 

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