There’s a chance we could get another batch of rebate cheques from Manitoba Public Insurance (MPI). A report today says the corporation’s reserves are looking good, and if approved by its board, another round of rebates could be on the way in the coming months.
During COVID, MPI issued three rounds of cheques totalling about $491-million because claims costs dropped with fewer vehicles on the road.
Talk of another rebate comes despite the fact Manitoba Public Insurance has gone way over budget on a project to upgrade the Crown corporation’s information services.
‘Project Nova’s’ budget has reportedly reached about $290 million, almost three times the original number.
More details about the project are to be released in the coming months.
