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Newsroom

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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Are you interested in serving on the board regulating Alberta’s automotive industry?

| Industry bulletins

The Alberta Motor Vehicle Industry Council (AMVIC) is the regulator of Alberta’s automotive industry. AMVIC protects the public interest and promotes trust and confidence in the motor vehicle industry through business licensing, salesperson registrations, inspections, investigations and education. AMVIC also works to foster the positive exchange of information among industry stakeholders. The AMVIC board consists

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Do you know about vicarious liability?

| Industry bulletins

As a business owner, you train your staff to act responsibly while providing great customer service. The actions and words of your salespeople can adversely affect your business through vicarious liability. Vicarious liability Vicarious liability refers to a situation where a person is held responsible for the actions or omissions of another person. In a

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