COMPENSATION FUND

If something does go wrong with a motor vehicle purchase or lease agreement, consumers have access to the Compensation Fund which provides financial assistance to consumers who make a valid claim for a vehicle transaction against an OMVIC-Registered Dealer... Since its creation on July 1, 1986, the Compensation Fund has paid out over 6 million in compensation to consumers. As the oldest and largest fund of its kind in Canada, the Compensation Fund offers the best protection for vehicle buyers in Ontario... Buying a new or used car in Ontario? You're protected by the Compensation Fund only if you buy from an OMVIC registered dealer. It's your right. Learn More.

Primary location: Toronto