In light of regulation updates in Quebec and Manitoba regarding consumer protection (known as "Bill 60" and "Bill 35"), Rogers will apparently be updating their Cancellation Policy nationwide. This means if a customer decides to cancel their service with Rogers or Fido, the customer will pay the remaining subsidized amount of their handset plus a $12.50 "Economic Inducement" fee.
For example, if you get the Apple iPhone 4S 16GB for $159 ($649 no contract) on a 3-year agreement (36-months) and decided in the first year to cancel, the new cancellation fee would be calculated by taking the Hardware Subsidiary x ( Remaining Months Left On Term / Total Term Months ) + the Economic Inducement Fee. In other words, the new cancellation fee would be ($649 - $159) x ( 24 / 36 ) + $12.50 = $339.17.
The new policy will apply to new activations or renewals on January 22 or later.
