Cellphone prices were very reasonable just a few short years ago. Back in 2012, it was fairly easy to pay $60 and receive 6 GB of data and Unl'td calling, along with a reasonably priced smartphone. This was with 3-year contracts. In those days, it was fairly easy to renew once you had 9 months remaining on your 36-month contract. I once renewed (in 2011 for an iPhone 4s) with just over 11 months remaining with no penalty!
In 2013, as soon as CRTC forced the mobile companies to only offer 2-year plans the prices have practically doubled. Government shouldn't have meddled as we are now being hosed. Lack of competition ain't helping either, though the shareholders are loving it.
I have the old Student 50 plan with 5GB of Data, 500 local minutes, and 10 My Faves. Given that i've gone BYOD, I get 10% off of the $50 plan. It's actually cheaper for me to pay $799 for a new phone than to get out of this plan.
Anyone else still on an old but good plans?