Canadian Claimants Start Receiving Funds From $78 Million Auto Class-Action Settlement

New cars (L) are parked at a car dealership in Quebec City, on Oct. 11, 2024. The Canadian Press/Jacques Boissinot

Canadians have started to receive payments as part of a $78 million auto parts class-action settlement involving new vehicles purchased or leased between 1998 and 2016.

The settlement relates to the alleged price fixing of certain automotive parts, which is said to have caused Canadians to pay too much for automotive parts and certain vehicles, according to the claims administrator.