Will Alberta’s new auto insurance legislation deliver on affordability?

Alberta is reforming its auto insurance system with Bill 47, aiming for a “care-first” model that promises the highest benefits in Canada. However, experts warn that achieving affordability will depend on the balance the government strikes between benefits and legal actions. While the province claims potential savings of nearly $400 for drivers, concerns arise that higher benefits may lead to increased costs. Critics, including lawyers, argue the reforms could result in higher premiums, fewer consumer protections, and job losses in the legal sector.