Canada’s telecom watchdog has launched a review of new cellphone financing plans to ensure they comply with an industry code of conduct.
The Canadian Radio-television and Telecommunications Commission says it is reviewing device financing plans to see if when customers cancel their phone plans they are forced to pay a penalty or fee for any remaining balance on their device.
Earlier this month, the CRTC asked wireless companies to stop offering device financing plans that last more than two years until the watchdog finishes a planned review of the practice.
(Sponsored)
In a tough economy, investing in community is more important than ever
When finances are tight, it might seem counterintuitive to give back, but supporting our most vulnerable neighbours this holiday season can actually help businesses weather their own challenges. At United
Family-owned Coke Canada Bottling investing to grow in Ottawa-Gatineau
Have you ever wondered where your favourite Coca-Cola products come from? Few people in know that over 300 popular beverages products, like Coca-Cola, Coke Zero, Fuze, Fanta, Monster Energy, A&W
The CRTC says it is seeking views on the matter by Oct. 15.
If it finds some of these plans do not comply with its wireless code it may prohibit such plans.
The CRTC revised the code in 2017 in an effort to help Canadians better understand their cellular contracts, prevent bill shock and switch service providers with ease.
