TL;DR: Canadians reported $638 million CAD in total fraud losses to the Canadian Anti-Fraud Centre in 2024, up from $577 million in 2023, with identity fraud and service fraud ranking as the two most commonly reported fraud types.
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Canadians reported $638 million CAD in total fraud losses to the Canadian Anti-Fraud Centre in 2024, up from $577 million in 2023, with identity fraud and service fraud ranking as the two most commonly reported fraud types.
What the Data Shows
The CAFC itself estimates only 5β10% of fraud victims actually file a report, so these figures represent a fraction of the true scale β the real number of Canadians affected by identity fraud each year is almost certainly far higher.
Why This Matters
Numbers like these are a reminder that this isnβt a rare event β itβs a routine risk. Checking whether your own information has already been exposed takes 30 seconds and costs nothing.
If this looks similar to something else you've seen, it's worth reading Identity Theft Statistics in the UK 2026.
This pattern shows up elsewhere too β see Job Scam Statistics 2026.
Frequently Asked Questions
What do the numbers actually show?
Canadians reported $638 million CAD in total fraud losses to the Canadian Anti-Fraud Centre in 2024, up from $577 million in 2023, with identity fraud and service fraud ranking as the two most commonly reported fraud types.
What does this mean for you?
The CAFC itself estimates only 5β10% of fraud victims actually file a report, so these figures represent a fraction of the true scale β the real number of Canadians affected by identity fraud each year is almost certainly far higher.
Where does this data come from?
This data is drawn from Canadian Anti-Fraud Centre, a primary reporting source for fraud and identity theft data.