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Oh, Canada! A VW Diesel Settlement Update

Our neighbors to the north tend to be a patient bunch, but you have to imagine Canadian VW diesel owners were starting to wonder when their settlement offer would come. Well, good news.

Canadian owners will receive between $5,100 and $8,000 in compensation along with a few options. Any eligible owner can choose to trade their vehicle and apply its fair market value at that time towards the purchase of a new or used Volkswagen or Audi vehicle.

Spread out over 105,000 vehicles, that equals about $2.1 billion CAD (Canadian dollars). The settlement needs to be approved and finalized by two courts.

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