Treasury Board and Finance has commissioned Oliver, Wyman Limited and Nous Group to conduct separate but complementary reports to guide long-term automobile insurance reforms. While Oliver Wyman’s...
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Treasury Board and Finance has commissioned Oliver, Wyman Limited and Nous Group to conduct separate but complementary reports to guide long-term automobile insurance reforms. While Oliver Wyman’s report provides insights into the financial implications of reform options, the analysis by Nous delves deeper into the broader effects on the economy, employers and government finances. By considering both aspects, the government can gain a comprehensive understanding of the potential trade-offs between short-term financial costs and long-term economic sustainability. Consideration of both the economic impacts and actuarial costs of potential reforms is crucial for informed decision making.