With just over four months to go, the Liberal government is not even half way to fulfilling its commitment to reduce auto insurance premiums by an average of 15 per cent.
“There is no way they are going to make their target, not unlike any other of the promises that they’ve made,” Progressive Conservative finance critic MPP Vic Fedeli said.
The Financial Services Commission of Ontario reported Wednesday that Ontario’s 9.4 million drivers have only seen their rates go down by just over 7 per cent. The promised 15-per-cent cut — averaging $225 a year — was included in the minority Liberal government’s 2013 budget in order to the get the New Democrats to let it pass.
Richard J. Brennan & Rob Ferguson – Toronto Star – Queen’s Park Bureau – Apr 15 2015.
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