REGINA - With Saskatchewan Government Insurance’s (SGI) reserves now sitting at $1.1 billion dollars according to the Saskatchewan Auto Fund 2021 Annual Report, Saskatchewan NDP Leader Ryan Meili and Critic for SGI Aleana Young called on the Sask. Party government to return excess earnings to Saskatchewan people through lower rates.
“Even with the rebate called for by the NDP being delivered to Saskatchewan families, SGI still has a significant surplus of funds beyond what’s needed to ensure rate stability,” said Meili. “It’s not right for the Sask. Party to be holding on to excess funds - that’s not what public auto insurance is supposed to be about. That money is supposed to go back to Saskatchewan families through lower rates.”