The Manitoba government has introduced new legislation to enshrine the current registered owner model into law, ensuring it remains the model used by Manitoba Public Insurance (MPI).
“Our government is making sure vehicle insurance rates remain affordable for Manitoba families,” said Justice Minister Matt Wiebe, minister responsible for Manitoba Public Insurance Corporation. “By keeping MPI public and protecting the registered owner model, our government is ensuring stable, affordable insurance for Manitobans, now and in the future.”
“We’re putting MPI back on track and protecting Manitobans from future attempts to raise rates on families through changes to the insurance model,” added Wiebe. “These new protections are part of our government’s way of saving Manitobans money, which includes freezing hydro rates, providing permanent gas tax relief, and maintaining some of the lowest car insurance rates in Canada.”
The Manitoba Public Insurance Amendment Act (2) ensures that MPI remains stable, affordable and focused on serving Manitobans, the minister noted.
