Terms of Service

1. Acceptance of Terms

By accessing and using Mortgage Tools Canada (https://mortgagetoolscanada.ca/), you accept and agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree to these terms, please do not use our website.

These Terms of Service constitute a legally binding agreement between you ("User," "you," or "your") and Mortgage Tools Canada ("we," "us," or "our").

2. Description of Service

Mortgage Tools Canada provides:

• Free online mortgage calculators and financial tools
• Educational content about Canadian mortgages and home buying
• General information about mortgage products, rates, and regulations
• Guides and resources for home buyers in Canada

3. User Eligibility

To use this website, you must:

• Be at least 18 years of age
• Have the legal capacity to enter into binding agreements
• Not be prohibited from using the service under applicable laws
• Provide accurate information when using our calculators

4. Use of Calculators and Tools

4.1 Calculator Results

All calculator results are estimates based on the information you provide and standard formulas. You acknowledge and agree that:

• Calculator results are for informational purposes only
• Results may not reflect actual mortgage terms available to you
• Actual rates, payments, and terms depend on many factors including your credit score, income, and lender policies
• We do not guarantee the accuracy of any calculations
• Calculator results should be verified with licensed professionals

4.2 Data Processing

Most calculator inputs are processed locally in your browser and are not transmitted to our servers or stored in any database. However, we may collect anonymous usage statistics to improve our service.

4.3 No Professional Advice

Using our calculators does not create any professional-client relationship. Our tools are not a substitute for professional financial, legal, or tax advice.

5. Intellectual Property Rights

5.1 Our Content

All content on this website, including but not limited to text, graphics, logos, images, calculator code, and software, is the property of Mortgage Tools Canada or its content suppliers and is protected by Canadian and international copyright laws.

5.2 Your License to Use

We grant you a limited, non-exclusive, non-transferable, revocable license to:

• Access and use our website for personal, non-commercial purposes
• Use our calculators for your own mortgage planning
• Print or download content for personal reference

5.3 Restrictions

You may not:

• Copy, modify, distribute, sell, or lease any part of our service
• Reverse engineer or attempt to extract source code from our calculators
• Use our content for commercial purposes without written permission
• Remove any copyright or proprietary notices
• Frame or mirror any portion of the website
• Scrape, crawl, or systematically extract data from the website

6. User Conduct

You agree not to:

• Use the website for any illegal or unauthorized purpose
• Violate any laws in your jurisdiction
• Infringe upon or violate our intellectual property rights
• Transmit any viruses, malware, or harmful code
• Attempt to gain unauthorized access to our systems
• Interfere with or disrupt the website or servers
• Use automated systems to access the website (bots, scrapers, etc.)
• Impersonate any person or entity
• Harass, abuse, or harm other users
• Collect or store personal data about other users

7. Third-Party Links and Services

7.1 External Links

Our website contains links to third-party websites and services. We do not control, endorse, or assume responsibility for any third-party sites or services. Your use of third-party websites is at your own risk and subject to their terms and privacy policies.

7.2 Third-Party Services

We use third-party services including:

• Google Analytics for website analytics
• Google AdSense for advertising
• Bank of Canada API for mortgage rate data

These services have their own terms and privacy policies which you should review.

8. Advertising and Sponsorships

We display advertisements through Google AdSense and may have affiliate relationships with financial institutions or service providers. We clearly disclose sponsored content and affiliate relationships where required by law.

Advertisements do not constitute endorsements or recommendations. We are not responsible for the content of advertisements or the products/services advertised.

9. Disclaimers and Limitations of Liability

9.1 No Warranties

9.2 Accuracy of Information

We strive to provide accurate and up-to-date information, but we do not warrant that:

• The information on the website is accurate, complete, or current
• The website will be available, uninterrupted, or error-free
• Defects will be corrected
• The website is free of viruses or harmful components

9.3 Limitation of Liability

9.4 Maximum Liability

In no event shall our total liability to you for all damages exceed the amount you paid to use our service (which is zero, as our service is free).

10. Indemnification

You agree to defend, indemnify, and hold harmless Mortgage Tools Canada, its owners, operators, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or in any way connected with:

• Your access to or use of the website
• Your violation of these Terms of Service
• Your violation of any third-party rights
• Any financial decisions made based on website content

11. Modifications to Service and Terms

11.1 Service Modifications

We reserve the right to:

• Modify or discontinue any part of the website at any time
• Change calculator formulas or features
• Update content and information
• Limit or restrict access to certain features

We are not liable to you or any third party for any modification, suspension, or discontinuance of the website.

11.2 Terms Modifications

We may update these Terms of Service from time to time. When we make material changes:

• We will update the "Last Updated" date at the top
• Your continued use of the website after changes constitutes acceptance
• We encourage you to review these terms periodically

12. Termination

12.1 By You

You may stop using our website at any time. No formal termination notice is required.

12.2 By Us

We reserve the right to:

• Suspend or terminate your access to the website
• Remove any content you have submitted
• Take legal action if you violate these terms

We may terminate access without prior notice or liability for any reason, including if you breach these Terms of Service.

12.3 Effect of Termination

Upon termination:

• Your right to use the website immediately ceases
• Provisions that should survive termination will remain in effect
• We are not liable for any consequences of termination

13. Privacy

Your use of the website is also governed by our Privacy Policy, which is incorporated into these Terms of Service by reference. Please review our Privacy Policy to understand our practices regarding your personal information.

14. Copyright Infringement

We respect the intellectual property rights of others. If you believe your copyrighted work has been copied in a way that constitutes copyright infringement, please contact us with:

• A description of the copyrighted work
• Location of the infringing material on our website
• Your contact information
• A statement of good faith belief
• A statement of accuracy under penalty of perjury
• Your physical or electronic signature

15. Governing Law and Jurisdiction

15.1 Governing Law

These Terms of Service shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.

15.2 Jurisdiction

You agree to submit to the exclusive jurisdiction of the courts located in Ontario, Canada, to resolve any dispute arising out of these Terms of Service or your use of the website.

15.3 Class Action Waiver

You agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, or representative action.

16. Dispute Resolution

16.1 Informal Resolution

Before filing a formal claim, you agree to contact us at info@mortgagetoolscanada.ca to attempt to resolve the dispute informally. We will attempt to resolve the dispute within 30 days.

16.2 Arbitration

If informal resolution fails, any dispute shall be resolved through binding arbitration in accordance with the rules of the ADR Institute of Canada, to the extent permitted by law.

17. Severability

If any provision of these Terms of Service is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

18. Entire Agreement

These Terms of Service, together with our Privacy Policy and Disclaimer, constitute the entire agreement between you and Mortgage Tools Canada regarding the use of our website and supersede all prior agreements and understandings.

19. Waiver

Our failure to enforce any right or provision of these Terms of Service will not be considered a waiver of those rights. A waiver of any provision must be in writing and signed by an authorized representative.

20. Assignment

You may not assign or transfer these Terms of Service or your rights hereunder without our prior written consent. We may assign these Terms of Service without restriction.

21. Force Majeure

We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, network infrastructure failures, strikes, or shortages of transportation, fuel, energy, labor, or materials.

22. Language

These Terms of Service are drafted in English. If translated into other languages, the English version shall prevail in case of any inconsistency or discrepancy.

23. Contact Information

If you have questions about these Terms of Service, please contact us:

24. Acknowledgment

Last Updated: April 10, 2026

Effective Date: January 1, 2026