Albertans love their outdoor activities, and with good reason. There are endless opportunities to explore the mountains, prairies, badlands, rivers, and lakes that make up the province, which we as residents know to be one of the most beautiful places in the world. All-terrain vehicles, otherwise known as ATVs, provide a great stress relief, a…
Canadians spend approximately five billion hours driving every year, which equates to about $20 billion in time. Annually, there is an average of 160,000 injuries and 2,000 fatalities due to car accidents in the country, resulting in about $37.4 billion in collision costs. In a 2016 report titled Auto Insurance for Autonomous Vehicles: Preparing for…
A recent study released by the U.S. Insurance Institute for Highway Safety (IIHS) has shown that despite vehicles becoming much safer for drivers and passengers, pedestrian safety has been getting worse. Since 2009, the number of pedestrian crash deaths in the U.S. have increased by 59% to reach 6,500 fatalities in 2020. An additional 54,700…
Anyone who has filled up their gas tank recently is feeling the squeeze of record-high prices at the pumps. Gas prices around the province have been averaging about $1.65 a litre, reaching a high in the middle of March at $1.92. British Columbia and Newfoundland and Labrador are faring even worse, with litres of gas…
The futuristic-sounding catalytic converter has actually been around since as far back as the ‘50s, and began to be regularly used in vehicles starting around 1975. They are now common in just about every car, and work to reduce the amount of emissions released into the atmosphere by engines, with carbon dioxide being the most…
Car sales are always a very good indication of the state of the economy, and concerns have been raised about the lackluster numbers reported by dealerships. While there were 1% more vehicles sold in January 2022 than in the same month in 2021, the total sales were still more than 18% lower than in January…
At the beginning of 2022, the Government of Alberta implemented changes brought in through Bill 41: Insurance (Enhancing Driver Affordability and Care) Amendment Act, 2020 called the direct compensation for property damage (DCPD) system. Supported by the Insurance Bureau of Canada, DCPD is said to be a more fair way of settling car insurance claims…
Beginning on Feb. 28, Canada’s federal government loosened some border measures instituted as part of the country’s fight against the COVID-19 pandemic. In a Feb. 15 news release, the government described a “move towards a more sustainable approach to long-term management of COVID-19,” a positive sign that the country – and the world – may…
When signing up for auto and home insurance coverage, you enter into a contract with your provider that will outline certain expectations for the continued provision of your coverage. A cancelled insurance policy means that your company has reason to believe that you have not been compliant with the terms of your contract. Not only…
When someone passes away and they had a life insurance policy, there are two common scenarios as to how it will be paid out. If a life insurance policy has been established to be part of the “estate,” the amount left over after all the bills are paid forms part of the estate’s overall value.…