Toronto ON, August 22, 2014
– OMVIC, Ontario’s regulator of vehicle sales, has approved the registration of a new Sudbury dealership. 1901243 Ontario Inc., operating as Big Nickel Auto, has been approved for business at 1088 The Kingsway. This is the address of two other dealers (Craig Terry Investments Ltd. and 1552558 Ontario Inc. o/a Drivetime) whose registration has been temporarily suspended by OMVIC and who face Proposals to Revoke registration.
“The individuals behind Big Nickel Auto are not parties to the proceedings involving Craig Terry Investments or Drivetime”, explained Mary Jane South, OMVIC Deputy Registrar. “And the operators of Big Nickel have accepted terms and conditions of registration that Micheline Cooper, who operated Craig Terry Investments and Drivetime, will have no involvement in the operation of Big Nickel Auto while she remains unregistered”.
Update: Cooper, Drivetime and Craig Terry Investments Ltd. have appealed the suspension order and Proposals to Revoke/Refuse registration. A Licence Appeal Tribunal (LAT) pre-hearing regarding the suspension order is expected to be held via teleconference September 12, 2014.
Note: There are other registered dealers in Ontario using the business name Drivetime – they are not affiliated with Drivetime in Sudbury. Further, no individual named Craig Terry is party to any of the proceedings referenced above.
About OMVIC Registration
Ontario’s Motor Vehicle Dealers Act (MVDA) requires that all dealers and salespeople be registered with OMVIC. Unregistered selling (curbsiding) is a serious offence: individuals can be fined $50,000 and be jailed for up to two years less a day.
OMVIC (Ontario Motor Vehicle Industry Council) administers and enforces the Motor Vehicle Dealers Act (MVDA) on behalf of the
Ministry of Government and Consumer Services. OMVIC maintains a fair and informed vehicle sales marketplace by regulating dealers and salespersons, regularly inspecting Ontario's 8,000 dealerships and 25,000 salespeople, maintaining a complaint line for consumers and conducting investigations and prosecutions of industry misconduct and illegal sales (curbsiding). OMVIC is also responsible for administering the Motor Vehicle Dealers Compensation Fund on behalf of its
Board of Trustees.
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