Category: Consumer bulletins

Financial February: no “cooling off”

| Consumer bulletins

February is the month for falling in love! Before you fall in love with your next vehicle, AMVIC wants you to keep in mind the financial costs of buying and owning a vehicle. Commitment can seem scary but once you buy, you can’t change your mind! In Alberta, there is no “cooling off” period. That

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Financial February: reject negative equity

| Consumer bulletins

February is the month for falling in love! Before you fall in love with your next vehicle, AMVIC wants you to keep in mind the financial costs of buying and owning a vehicle. Have you ever heard of negative equity? That is when the amount you owe on a vehicle is actually more than what

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Financial February: budgeting tips

| Consumer bulletins

February is the month for falling in love! Before you fall in love with your next vehicle, AMVIC wants you to keep in mind the financial costs of buying and owning a vehicle. After you know what kind of vehicle you are looking for, set a reasonable budget by looking at the total price of

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AMVIC cancels Festival City Finance’s business licence due to alleged unpaid liens

| Consumer bulletins

AMVIC cancelled the business licence of Festival City Finance (1987518 Alberta Ltd.) on Feb. 3, 2020 due to concerns over numerous consumer complaints and business practices that placed consumers at financial risk. One salesperson working for the business has also had their salesperson registration cancelled. Festival City Finance’s business licence was suspended on Nov. 19,

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