What does the bank do when it uses your vehicle for collateral on a personal loan in Ontario Canada?
Well, don't quote me on this but logic would lead one to believe that technically the lender would have a lien against the car, so, in the event of non-payment they would sell your car and return to you all monies, if any, above and beyond the balance and costs. .
Eastern Conference (with city, province, and country in parenthesis): Barrie Colts (Barrie, Ontario, Canada) Belleville Bulls (Belleville, Ontario, Canada) Kingston Frontenacs (Kingston, Ontario, Canada) Mississauga Steelheads (Mississauga, Ontario, Canada) Niagara IceDogs (St. Catharines, Ontario, Canada) North Bay Battalion (North Bay, Ontario, Canada) Oshawa Generals (Oshawa, Ontario, Canada) Ottawa 67's (Ottawa, Ontario, Canada) Peterborough Petes (Peterborough, Ontario, Canada) Sudbury Wolves (Sudbury, Ontario, Canada) Western Conference (city, province/state, country): Erie Otters (Erie, Pennsylvania, USA) Guelph Storm (Guelph…
Ontario did not "join" Canada. Ontario did not exist prior to Confederation. Ontario was one of the original four provinces of Canada. Prior to Confederation, there was the pre-Confederation self-governing colony called the Province of Canada. It was divided into the Province of Quebec and the Province of Ontario on Confederation.