News

18.05.19

Updates: Class actions concerning credit cards – Canadian Imperial Bank of Commerce and Amex Bank of Canada

For more informations: Class action concerning credit cards: agreement of 4.25 million dollars with Canadian Imperial Bank of Commerce Class action concerning credit cards: agreement of 2.65 million dollars with Amex Bank of Canada

24.07.18

Not satisfied with your real estate transaction? The OACIQ can help

The property’s area was incorrectly calculated? The contract did not accurately describe the inclusions or exclusions? You believe your broker did not properly verify the ownership titles on the property you just purchased? The OACIQ can help.

26.04.18

CANADIAN COURTS APPROVE NATIONWIDE CLASS SETTLEMENT FOR 3.0L DIESEL VEHICLES

Ajax, ON; Toronto, ON; Montreal, QC – April 25, 2018 – Volkswagen and Canadian class counsel announced today that the Québec and Ontario Courts have now both granted approval of the nationwide class settlement to resolve consumer claims in Canada regarding approximately 20,000 affected 3.0L diesel vehicles.

05.04.18

The five duties and obligations of the real estate broker

When enlisting the services of a real estate or mortgage broker, a person has the right to expect professional services. At the OACIQ (Organisme d’autoréglementation du courtage immobilier du Québec), we ensure that!

14.03.18

The Sharing Economy – Many grey areas

Montreal, 14th of March 2018 – The sharing economy results in many benefits, but it also involves great challenges, mainly in terms of consumer protection. With whom does the consumer using an online sharing economy platforms (OSEP) conclude a contract? What are his rights and remedies when something goes wrong? What about civil liability? Insurance? […]

14.03.18

The Sharing Economy – Many grey areas

21.09.18

Buying a co-ownership property through a broker: What you need to know

If you are thinking of buying a co-ownership property (condo), here is some useful information to know.

05.06.18

Real estate and mortgage brokerage: More generous compensation in case of fraud

Consumers who are victims of fraud in a transaction involving a real estate broker or mortgage broker are now better protected. The Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) is pleased to announce the increase of the compensation paid by the Organization’s Real Estate Indemnity Fund (FICI) in case of fraud, fraudulent tactics or […]

11.04.18

Bank charges – Consumers poorly informed

April 11, 2018 – According to a report released by Option consommateurs today, most Canadian financial institutions do not adequately inform consumers about the charges associated with their banking packages. According to Olivier Bourgeois, energy and social responsibility coordinator at Option consommateurs: “this lack of information prevents consumers from making informed choices and adopting […]

28.03.18

Class Actions – Proposals for improving take-up rates

Montreal, March 28, 2018 – A large number of class action suits are initiated in Canada every year. When there is a settlement or a favourable judgment, the members of many of these class actions are eligible for compensation. In a research study published today, Option consommateurs has analyzes the factors that influence take-up rates […]

01.03.18

Fraud Prevention Month: united front against scammers – Option consommateurs takes part in awareness campaign

March 1, 2018 – OTTAWA, ON – Competition Bureau Option consommateurs, the Competition Bureau, the Canadian Anti-Fraud Centre and the Sûreté du Québec join together today to launch the 14th edition of Fraud Prevention Month with a panel discussion on fraud.

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