Canadians Face Rising Car Insurance Costs

Owning a car has grown increasingly expensive in recent years across Western countries, and Canadians know it well. Like most of us, they’re far from out of the woods, as a new report indicates car insurance costs there are set to climb further.

Rising premiums add to the already heavy financial burden of vehicle ownership. The trend reflects broader pressures, including the surge in car theft, that continue to push insurance costs higher for ordinary drivers.