Financial Abuse

The Government of Canada defines “financial abuse as a pattern rather than a single event, happening over a long period of time.” Financial abuse can happen at any time, but it will often start after a health crisis or after the death of a spouse, partner, or close friend.

  • Older adult couple sitting by a pond

    What is financial abuse?

    The wilful infliction of mental anguish or the provocation of fear of violence or isolation is known as psychological or emotional abuse.

  • Older adult typing in credit card information

    What are some examples of financial abuse?

    Theft or misuse of money or property such as household goods, clothes or jewellery. Includes abuse by Power of Attorney. It can also include withholding funds and/or fraud. May also include having people living in a senior’s home who fail to pay their fair share of the bills or refuse to move out when asked. Can also include enforced child care without reimbursement.

  • Older adult couple looking through documents

    What are some of the signs of financial abuse?

    Property of the senior may suddenly disappear or the senior is suddenly not able to pay bills.