Bought a Car Between 1998–2017? You Could Qualify for Compensation

Bought a Car Between 1998–2017? You Could Qualify for Compensation
Vehicles makes their way along the Gardiner Expressway in Toronto on Nov. 24, 2016. Nathan Denette/The Canadian Press
|Updated:
0:00

Canadian residents who bought or leased new vehicles between 1998 and 2017 could qualify for a share of a $50 million class-action settlement.

The compensation comes amid allegations that automobile parts manufacturers colluded to fix prices for parts installed in new vehicles over a period of nearly 20 years, in direct violation of Canadian competition laws, according to Siskinds LLP, one of the Canadian law firms involved in the series of associated class-action lawsuits.