WATCH: Slow progress when reducing car insurance rates: NDP

Province's NDP looks to see if last year's budget promise will be kept.

At least one NDP MPP is looking at his watch when it comes to car insurance rates.

Jagmeet Singh is speaking out, almost a year after the Liberals promised to shrink car insurance rates during last year's budget process.

But he says it looks like insurance companies are still driving away with big profits.

The NDP had pushed for a 15 per cent car insurance rate decrease and while the Liberals agreed  Singh says he doesn't see it. He points to a four per cent increase in some areas of the province, far off from the Liberal target of an eight per cent average reduction in the first year.

The finance minister's office tells Newstalk 1010 they're waiting to hear a report on the matter, which is due out tomorrow. Staff say they will take all the necessary steps to get a 15 per cent average rate reduction over two years.

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  1. dama posted on 01/14/2014 03:36 PM
    By the time the Liberal forced the Insurance to give back 15%, my rate would have gone up 30%, so is the NDP doing me a service by supporting the Liberal?

    A year has passed and I dont see any saving in insurance cost at all...

    Poor me...
  2. Ernie posted on 01/14/2014 09:14 PM
    My insurance went up 17.2 % on sept 1 on a clean record - Thank you NDP -
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