Manitoba Public Insurance mulls spending on highways
Manitoba Public Insurance, the provincial Crown corporation that provides auto insurance, is considering investing in road infrastructure.
Marilyn McLaren, president of MPI, confirmed at a recent rate application hearing that the idea was under consideration.
McLaren said spending money to improve roads could reduce the costs of insurance claims.
It moves the corporation a bit further along the road, following on a report — published in March — that showed there is public support for MPI funding road works.
The report pointed out that the Insurance Corporation of British Columbia was engaged in such a scheme and was showing positive results.
McLaren said she believes Manitobans would most likely support an approach that sees MPI partnering with municipalities to fund road improvements. She added that MPI would never fund the majority of the cost of an infrastructure project.