by » Tue Sep 08, 2009 04:12:54 PM
I fully understand your situation, I am also about to launch a class action suit against the 407, due to the fact the it is extorting Canadians like myself, and I will not stand for it, recently I went to renew my sticker at the M.T.O. and was told that I owe get this $23185.00, The lady at the M.T.O. said there was nothing she could do about it, and that I had to deal with the 407 directly, so I went over to the office, and said whats going on, they brought up my current plate, said I owe about $380.00, ok fine, so where is the rest coming from?, so the lady pulls up another plate, says do you remember this plate, I say no, she pulls up a picture of a car that I have not had since 2005, and proceeds to tell me that ya the last time it was used was in 2005, so I say, really so what was the amount I owed you in 2005, the lady says just over $5000.00 , so the next question I asked is what is your extortion rate or interest rate as you call it, she tells me 25%, I do some quick math, and it seems to me that even if you charged me 25% a month, witch by the way is illegal, the most any Canadian company by law can collect is 60% a year, not a month, anyway do the math $5000.00 4 years of interest, at more than $250.00 a month is only $12000.00 in interest, the 12000 plus the 5000, is only 18000, so what I am getting to hear is the interest rate they are charging is far over the legal Canadian limit, and it is in every way shape and form its EXTORTION. As a Canadian I am outraged by this behavior, not to mention the Canadian Government assisting a private business in its collection efforts that is not even a Canadian company. Well lucky for me I have some friends in very high places, I intent to put together the biggest lawsuit the 407 has ever seen, I am looking for some good lawyers that have experience with the 407 and its policies also anyone else that is in the same situation, please feel free to email me with your story, I assure you this is one Canadian that will not let it go, They want 23 grand out of me, I will spend a million out of my own pocket to take the 407 down, This is a matter of principal, and this time they got the wrong guy, I am currently in the process of putting together a huge anti 407 marketing campaign on the internet, as this is what my company does, huge internet marketing, I assure you, when I am done with them, there will not be a Canadian around, that does not know about the business practices of the 407 ETR.