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Congratulations Canada, you now can suffer a shorter amount of time while paying for that brand new smartphone in your pocket.

The Canadian Radio-television and Telecommunications Commission announced Monday morning that a new code of conduct will strike down the current long term contracts in place and allow wireless contracts to be terminated without cancellation fees after two years. The new code also includes a cap on data roaming charges and having cell phones unlocked after 90 days or immediately if the balance has been paid in full.

This comes after thousands of Canadians petitioned the CRTC about the complicated and unfair terms and conditions and called for the wireless corporations to implement simple and respectful contracts for the consumer.

The new code of conduct will come into effect for new contracts starting on Monday, December 2, 2013.

It’ll be interesting to see how much monthly prices will rise.



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