MPI requesting rate decrease and rebate for Manitoba drivers

  WINNIPEG -- If things go according to plan, Manitoba drivers could be receiving a rebate cheque early next year thanks to Manitoba Public Insurance (MPI). MPI announced Monday that it has filed its rate application to the Public Utilities Board (PUB) and it has requested a rate decrease of 2.8 per cent. MPI said the application includes the removal of the Capital Release provision that has given a five per cent discount as part of the rate. With the provision being removed, MPI said a separate application would be filed to request a rebate of $155 million. "The reduction in rate is really due to responsible management for finances," said Eric Herbelin, who is the president and CEO of MPI.