Terms of Service

These Terms of Service (the “Terms”) govern your use of CalcNorth (calcnorth.com), a Canadian personal-finance calculator and information website. References to the “Operator,” “we,” or “us” in these Terms mean CalcNorth. By accessing or using the site, you agree to be bound by these Terms and by our Privacy Policy. If you do not agree, do not use the site.

1. The site is for information only

CalcNorth provides interactive calculators and educational content related to Canadian personal finance, including mortgages, mortgage default insurance, land transfer tax, and related topics. The calculator outputs and editorial content are provided for informational purposes only.

Nothing on CalcNorth constitutes financial, legal, tax, accounting, mortgage, real-estate, or any other kind of professional advice. The calculators produce estimates based on the inputs you provide and the public-policy data we encode. Estimates may not match what an actual lender, insurer, lawyer, accountant, broker, or government agency calculates, and they should not be treated as a substitute for advice from a qualified professional licensed in your province.

You are strongly encouraged to consult an independent licensed professional (such as a mortgage broker, real-estate lawyer, accountant, or financial advisor) before making any financial decision based on information from this site. You agree to use the information on this site at your own risk.

2. No warranty of accuracy

We make a good-faith effort to keep our calculations, tier rates, tax schedules, statutory references, and policy values current and correct, and we publish our sources alongside each calculator. Notwithstanding that effort, the site is provided on an “as is” and “as available” basis.

To the maximum extent permitted by applicable law, the Operator makes no representations or warranties, express or implied, that:

• the information on the site is accurate, complete, current, or fit for any specific purpose;
• the calculators will produce results suitable for any specific decision;
• the site will be available without interruption or error;
• defects or inaccuracies will be corrected.

Public-policy data referenced on the site (CMHC tier rates, OSFI rules, Bank of Canada data, federal and provincial tax schedules, land transfer tax rates) is published by Canadian regulators and government agencies. Our encoding of that data may lag behind regulatory updates.

Posted rates, premium tiers, contribution limits, and tax brackets must be verified against the source institution before any reliance on a calculator output. Specifically: against CMHC’s premium-information page for insurance tiers; against the Bank of Canada for current overnight, prime, and bond yield rates; against your provincial revenue authority for land transfer tax; against the CRA for federal tax brackets and contribution limits; and against OSFI for the current Minimum Qualifying Rate. If any number on this site materially affects a financial decision, also confirm it with a licensed professional.

3. Limitation of liability

To the maximum extent permitted by applicable law, in no event shall the Operator, its agents, contractors, or licensors be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, business opportunity, or use, arising out of or in connection with your use of the site, even if advised of the possibility of such damages.

The Operator’s aggregate liability to you for any claim arising out of or in connection with the site shall not exceed CAD $100.

The above limitations do not apply to: (a) liability for bodily injury or moral injury; (b) liability arising from intentional or gross fault; or (c) any other liability that cannot be excluded or limited under applicable law.

For Quebec consumers, this section is modified to the extent necessary to comply with the Civil Code of Québec (articles 1437 and 1474) and the Consumer Protection Act(Québec), which take precedence over any conflicting provision of these Terms.

4. Indemnification

You agree to defend, indemnify, and hold harmless the Operator and its agents, contractors, and licensors from and against any claim, demand, action, loss, or expense (including reasonable legal fees) arising from or related to:

• your use of the site in violation of these Terms;
• your reliance on calculator outputs as professional advice, despite the explicit disclaimer in section 1;
• your infringement of any third party’s intellectual property rights through use of the site;
• any misrepresentation that calculator outputs are official figures issued by a regulatory authority.

We will give you reasonable notice of any claim subject to this indemnity and the opportunity to assume the defense, with your cooperation. This indemnity is subject to applicable mandatory consumer-protection law, which may limit its enforcement against individual consumers, particularly Quebec consumers under the Civil Code of Québec and the Consumer Protection Act.

5. Intellectual property

Except for content sourced from third parties as identified on the site, all original content on CalcNorth (including the brand, logo, calculator designs, code, and editorial copy) is the intellectual property of the Operator and is protected by Canadian and international copyright and trademark law.

You may view, browse, and print pages from the site for personal, non-commercial use. You may share calculator URLs (which encode scenario state) with others. You may not copy, reproduce, redistribute, or create derivative works from the site’s editorial content for commercial purposes without prior written consent.

Public-policy data we cite (CMHC tier rates, statutory text, Bank of Canada data, government press releases) belongs to the respective issuing body and is used in accordance with their published terms of use.

6. Acceptable use

You agree not to:

• attempt to access or interfere with non-public areas of the site or its underlying infrastructure;
• use automated tools (scrapers, bots) to access the site at a frequency or volume that materially impairs its operation for other users;
• use the site for any unlawful purpose, or in any way that violates Canadian or your local laws;
• attempt to reverse-engineer the calculators in a manner that violates intellectual property rights;
• represent calculator outputs as professional advice or regulator-issued figures.

We reserve the right to block or restrict access to the site for users who violate these provisions, without notice.

7. Third-party services and data

The site loads analytics scripts and reads public data from third-party services as described in our Privacy Policy. Those services are governed by their own terms of use and privacy policies, over which we have no control. The Operator is not responsible for the practices of those third parties beyond the contractual obligations between us and each service. Use of the site implies acceptance of the data practices described in our Privacy Policy.

8. Links to other websites

CalcNorth contains links to third-party websites, including Canadian government and regulatory authorities, source citations, news articles, and reference materials, for educational and verification purposes. We do not own, operate, or control these sites. Linking to a site does not imply endorsement of its content, products, or services.

We are not responsible for the content, accuracy, products, services, privacy practices, or terms of use of any third-party site we link to. Your use of any linked site is at your own risk and is governed by that site’s own terms and policies.

9. Modifications to the Terms

We may update these Terms from time to time. The “Last updated” date at the top of this page reflects the most recent version. Material changes will be flagged by a notice on the site for at least 30 days before taking effect. Continued use of the site after a change takes effect constitutes acceptance of the updated Terms.

10. Governing law and jurisdiction

These Terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict-of-laws principles. Subject to the mandatory consumer-protection laws of your province of residence, the courts of the Province of Ontario shall have exclusive jurisdiction over any dispute arising out of or in connection with these Terms or the site.

For Quebec residents, the Consumer Protection Act and Civil Code of Québec govern the rights set out in these Terms to the extent of any conflict, and Quebec courts may have concurrent jurisdiction in matters concerning Quebec consumers.

11. Severability

If any provision of these Terms is held invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect, and the invalid provision shall be replaced by a valid provision that comes closest to the intent of the invalid one.

12. Entire agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and the Operator regarding the use of CalcNorth, and supersede any prior agreements, communications, or representations.

13. Contact

For questions about these Terms or the site:

[email protected] (general)
[email protected] (privacy-specific matters)