Your company must be a small business corporation (SBC) at the time of the sale. It must be a share sale of your business (sole proprietorships and partnerships do not qualify). More than 50% of the business’s assets must have been used in an active business in Canada for 24 months prior to the sale. […]
Author: Darrel Pratt
How Does Renting A Car Work In Canada?
The principal driver and additional drivers all have to be at least 21 years old and have a minimum of 12 months of driving experience in order to rent a car in Canada. A ‘Young Renter Fee’ will be applied to your car rental, if you are between the ages of 21 and 24 and […]
How Can I Access Us App Store From Canada?
There should be nothing to change on your device. To get an Apple ID in the US you need to change the iTunes country from Canada to the US: scroll to the bottom of the iTunes Store page until you see in the bottom right a circled Canadian flag icon. Click on it then select […]
Is Hyundai Warranty Transferable In Canada?
Hyundai Extended Protection is transferable to the next private owner, enhancing the resale value. Is Hyundai’s warranty transferable? The answer is yes! The vehicle must be sold within the coverage period of its 10-Year/100,000-mile limited powertrain warranty coverage. The second owner receives much of the same coverage, and it lasts up to 5-years or 60,000 […]
Is Driving With Both Feet Illegal In Canada?
There is no law on the books that says you can’t drive with both feet. In fact, there are times when it makes more sense to drive with both feet. So, why then do we have this idea that it’s so wrong to do so? It boils down mostly to comfort. Can you drive with […]
Can Dealers Charge More Than Msrp In Canada?
The dealership cannot charge more than the advertised price plus GST and/or costs and charges associated with financing. The dealership must sell the SUV for the advertised $30,000 (plus GST and applicable financing costs) regardless of whether the buyer wanted to pay cash or finance at any rate offered. Can dealerships sell over MSRP Canada? […]
Does Canada Drives Sell Used Cars?
Shop online for your next used vehicle and enjoy the convenience of to-your-door delivery and the confidence of a 7-day love it or return it guarantee. Does Canada Drives sell new cars? Buying a new vehicle is a big deal, that’s why we want to make sure you love any car you purchase through Canada […]
Who Can Open A Non Registered Account In Canada?
Anyone over the age of 18 (or 19 in certain provinces) can open a non-registered account. There is no age limit on a non-registered account, unlike a RRSP, which must be matured into a Registered Retirement Income Fund at age 71. Can a non-resident open a non-registered account in Canada? Some financial institutions are more […]
How Often Do People Change Cars In Canada?
New vehicle buyers in Canada on average are keeping their vehicles 6.4 years and driving them 116,797 km before trading them in on a new model, though the time and distance differ significantly by type of car. How often does the average person replace their car? Americans own their longest-kept cars for an average of […]
Do You Need Vehicle Registration To Get Into Canada?
Border crossing checklist A valid driver’s license. A current passport for everyone in the vehicle. Vehicle registration. Proof of insurance coverage. Do I need my car registration to cross into Canada? It is also a requirement on each side of the border to have your vehicle’s registration and proof of insurance. If you’re traveling in […]