Since 2017, Alberta insurers have faced multiple rate interventions. The government imposed a 5% rate cap between 2017 and 2019, followed by a full rate freeze in 2023, a 3.7% “good driver” rate cap ...
With Albertans paying some of the highest auto insurance premiums in Canada, Premier Danielle Smith finally had enough. Instead of the half-measures and superficial tweaks undertaken by previous ...
Alberta has capped auto insurance rates at 7.5 per cent for good drivers in 2026, with a new system set to come in 2027. However, a new report has found rate caps do more harm than good. The report by ...
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