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March is Fraud Prevention Month: Recognize, Reject and Report Fraud

| Consumer bulletins

AMVIC is once again joining the Competition Bureau, the Royal Canadian Mounted Police and the Canadian Anti-Fraud Centre Fraud Prevention Month campaign — #FPM2026 — educating consumers and industry on how to recognize, reject and report fraud. Fraud can take many forms, and learning to recognize and understand fraud when buying a vehicle will help … Continued

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Compliant advertising

| Industry bulletins

As we ease into the year, you may have inventory you’re looking to clear or incentives to offer. Are you making sure your advertisements comply with legislation? The Automotive Business Regulation Section 11(2)(n) states a business operator cannot use false, misleading or deceptive statements in advertisements. Here are some examples: The all-in advertised price must not … Continued

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Financial February: negative equity on vehicles

| Consumer bulletins

Do you know what negative equity is? Negative equity on a vehicle means you owe more on a loan than what the car is worth. If a consumer decides to trade in their vehicle before the current loan is paid off, the debt from that previous loan could carry over to the new vehicle as part of … Continued

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Helpful industry resources

| Industry bulletins

AMVIC works hard to build a fair and trusted automotive marketplace for consumers and industry alike through awareness and the distribution of valuable resources. AMVIC Online is a repository full of useful information for automotive businesses including industry links, forms and publications. To help ensure compliance, transparency and diligence in all areas of your business, … Continued

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