Sixty days to a new era in protecting consumers and businesses
Ontario government to help consumers and level playing field for business with new Consumer Protection Act
TORONTO -- June 1, 2005 -- Minister of Consumer and Business Services Jim Watson reminds Ontarians about the countdown to the launch of legislation that will strengthen the province´s new consumer protection regulations.
"The Consumer Protection Act is part of the government´s plan to safeguard the rights of consumers and promote a competitive economy in Ontario,"
Watson said. "Establishing a clear set of rules that have the strength to protect consumers and the flexibility to encourage business growth is good news for Ontario´s economy."
Compliance with the new legislation, which comes into force on July 30, 2005, will make Ontario a national leader as a safe and informed marketplace.
This act applies to most goods and services and includes new rules concerning:
- Disclosure in consumer agreements
- Consumer remedies, including longer cooling-off periods
- Amendments, renewal or extensions to consumer agreements and contracts.
"The new measures we are bringing forward support a strong economy and will give businesses a level playing field on which to compete, strengthening confidence in Ontario´s marketplace," Watson said. "We are modernizing consumer protection legislation to educate and give peace of mind to consumers, because smart consumers are good for business."
Businesses can review the complete act, available online
on e-Laws.
For more information on the act, including an informative webcast called Consumer Protection for the 21st
Century, please
visit our site.
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Contacts:
Julie Rosenberg
Ministry of Consumer and Business Services
(416) 326-8558
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