Typically, uninsured losses run at about $3 for every $1 insured, so a $1.3-billion loss was $5 billion for taxpayers last year.
On February 3rd, 2020. See this statement in context.
On February 3rd, 2020. See this statement in context.
February 3rd, 2020 / 6:55 p.m.
Vice-President, Federal Affairs, Insurance Bureau of Canada
Typically, uninsured losses run at about $3 for every $1 insured, so a $1.3-billion loss was $5 billion for taxpayers last year.
See context to find out what was said next.