comparemela.com

Latest Breaking News On - Saskatchewan auto fund annual - Page 1 : comparemela.com

NDP rejects SGI s proposed increases, advocates for cut rates for Sask families at hearing

NDP rejects SGI s proposed increases, advocates for cut rates for Sask families at hearing
ckom.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ckom.com Daily Mail and Mail on Sunday newspapers.

Sask NDP calling for lower SGI rates as Crown reports surplus over $1 1 billion

By Josh Sigurdson Jul 8, 2021 | 3:43 PM The Saskatchewan NDP are calling on the province to lower SGI insurance rates after the Saskatchewan Auto Fund Annual Report found a significant surplus. The report, released earlier in the week, says the Crown’s reserves sit at around $1.1 billion, an overvaluation of 156 percent. NDP Critic Aleana Young says the recent SGI rebates were a good start, but more money needs to be returned to Saskatchewan residents. “We see that even with this rebate, a rebate that the Sask Party first called a vote buying scheme when we proposed it in the last election, SGI still has far more money than it needs in reserves,” said Young. “In fact, since the last time SGI went before the rate review panel (in 2014), SGI’s reserves have increased five-fold, and that money belongs to Saskatchewan ratepayers, not the Sask Party.”

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.