Two major finance industry players in Canada are making sure the foundation for proper underwriting remains sound. FICO recently announced that it has extended a multi-year agreement with TransUnion of Canada to distribute FICO scores to lenders, consumers and additional ... [Read More]

The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational, specialty automotive ... [Read More]

Not only did the job scene improve in July, experts determined the Canadian employment picture didn’t deteriorate as bad in June as initially indicated. Employment in Canada increased by 221,300 jobs from June to July, according to the July ADP ... [Read More]

FIX4 Capital wants to help Canadians get the finances they need to keep their vehicles running properly. And Wednesday, the firm secured its own financial resources to do it along with expanded leadership that includes a familiar name from the ... [Read More]

KAR Global certainly appears to have an interest in more than just the Canadian wholesale market stemming from its investment decisions. On Wednesday, Canada Drives, an online car shopping and to-your-door delivery platform, announced the close of $100 million in ... [Read More]

Inovatec Systems Corp. recently announced it has joined the Canadian Lenders Association (CLA), which is comprised of more than 170 companies representing Canadian lenders in categories such as auto, consumer, home, and mortgages. According to a news release, many of ... [Read More]

AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a similar move, the ... [Read More]

July was an interesting month for wholesale vehicle prices in Canada. On one hand, Canadian Black Book’s Used Vehicle Retention Index was up 20.3% year-over-year, and was off a mere 0.3% from June, which was the 10th straight month of ... [Read More]

The Policaro Group, an Ontario-based dealer group, announced last month it has broken ground on a new Porsche store in Kitchener-Waterloo. The store, set to be located at 1705 Victoria Street North in Waterloo, is Policaro’s second Porsche franchise. The ... [Read More]

Earlier this month, CARFAX Canada launched its new CARFAX for Life service retention program that’s designed to give dealerships a way to boost customer loyalty and repeat service business. Customers of dealerships that are enrolled in CARFAX for Life receive ... [Read More]