Be a better consumer

Ontario is providing families with some simple tips to help them become smarter consumers, shop wisely and protect their hard-earned money in the New Year.

Choose carefully. Consumers should only deal with businesses they trust. For major purchases, always shop around for the best price. For home-improvement projects, get at least three estimates from three reputable companies.

Slam the door on pressure tactics.  When a salesperson comes calling, don’t feel pressured to rush and sign a contract to take advantage of a so-called deal.  Take the time to fully understand what’s being offered.

Read the fine print. If the purchase involves a contract, always read it carefully to be sure it includes important information such as the total cost, terms of payment, and start and finish dates.

Keep a lid on deposits. Consumers should not pay more than a 10-per cent deposit on any goods or services once a contract has been signed.