The Motor Vehicle Dealers Compensation Fund board of trustees meets a minimum of six times a year, during which claims are reviewed for eligibility and can be approved in full, partial, deferred or denied. Claims that have been denied can be appealed before the License Appeal Tribunal (LAT).
The Motor Vehicle Dealers Compensation Fund (MVDCF) is seeking applications from experienced motor vehicle industry registrants.
One (1) industry member
Trustees are appointed for three-year terms and attend six to eight scheduled board meetings annually, each lasting approximately three hours. Trustees may be asked to participate on committees, as required. Trustees are asked to prepare for meetings and to contribute to the discussion and decision-making process.
Trustees receive per diems for meetings attended and reimbursement for all reasonable out-of-pocket expenses related to board and committee work subject to OMVIC’s Board Remuneration Policy and Travel and Meal Expense Reimbursement Policy.
* Subject to change
The Motor Vehicle Dealers Compensation Fund is a consumer protection program financed by Ontario’s registered motor vehicle dealers. Should a consumer have an unresolved complaint with a motor vehicle purchase or lease agreement, then the consumer may have access to the compensation fund which provides financial assistance to consumers who make a valid claim for a vehicle transaction against a registered dealer.
Click here to view and submit the application form. The application period closes at 4 p.m. on Thursday, March 28, 2024.
| Name | Position |
|---|---|
| Wennie Lee, Chair | Public representative |
| John Raymond, Vice Chair | Public representative, dealer solutions mergers and acquisitions (DSMA) |
| Paul Stock, Secretary/Treasurer | Dealer representative, Carloan IQ/AutoIQ |
| Curtis Biggs | Dealer representative, Mazda of Newmarket |
| George Nikolov | Ministerial appointee |
| Guy Vigliatore | Dealer representative, Scarboro Subaru |
| Julius Suraski | Ministerial appointee |
| Mary Ann Lamb | Ministerial appointee |
| Matt Rispin* | Dealer representative, North Toronto Auction |
