Auto insurance premiums in Manitoba are going down next year.
The Public Utilities Board has decided on a five per cent rate cut as of April 1st, partly because it expects the cost of claims to be lower in the coming years than Manitoba Public Insurance has forecast.
But the board notes it doesn't have confidence in the Crown-owned insurer's budget for Project Nova, a technology-modernization project at that has run over budget.
The latest estimate has the project coming in at up to 290 million dollars -- almost triple the original forecast.
with files from the Canadian Press
