Ontario's Insurance Reform

One of the biggest pitfalls in striving to practice critical thinking is the risk of either appearing to be, or actually being, a bit paranoid, especially when it comes to government pronouncements. Quite frankly, I am immediately skeptical when government tells me that a change they are imposing or championing will be good for me.

Like the HST, which the McGuinty government tells us will actually result in lower consumer costs as businesses rush to pass on their savings to customers, the latest change in automobile insurance should be met with a healthy skepticism. By lowering the payouts that companies have to make for injuries sustained in car accidents, we are being told that insurance premiums will moderate. One, of course, immediately notes that there is no promise of premium reductions, despite in some cases the impending halving of payouts to accident victims.

Once more, the McGuinty Government is showing a pro-business agenda that is being implemented at the expense of the consumer and taxpayer, something that should be remembered when the next election comes.