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SGI announces significant financial gains coming out of pandemic

SGI announces significant financial gains coming out of pandemic
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SGI announces significant financial gains coming out of pandemic

SGI announces significant financial gains coming out of pandemic
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SGI submits proposal to Saskatchewan Rate Review Panel

Rate decreases for about 52% of Saskatchewan vehicles with an average annual reduction of $102; Rate increases for about 48% of Saskatchewan vehicles with an average annual increase of $96; and No rate change for the remaining vehicles (less than 1%). Increases will be capped to reduce rate shock – a maximum of $150 per year for an annual premium under $1,000 and a cap of 15% for premiums over $1,000/year. If approved, the rate changes would take effect Jan. 21, 2022. The full rate proposal can be viewed on the SRRP’s website at www.saskratereview.ca. SGI is confident that the premiums currently being collected are enough to offer all of our customers coverage in the event of a collision; by rebalancing rates so some vehicle types pay more and others pay less, we can move closer towards rate fairness,” said SGI President and CEO Andrew Cartmell. “SGI is committed to ensuring fairness in rates between vehicle types, while also keeping Saskatchewan’s basic auto in

Sask budget 2021-22: What s in it for me?

  REGINA Whether you’re a parent, senior or university student, the 2021-22 provincial budget will impact people across the province in different ways. Here are some of the budget pledges that might impact you this fiscal year: HOME RENOVATION TAX CREDIT The Saskatchewan Home Renovation Tax Credit provides a 10.5 per cent tax credit on up to $20,000 of eligible home renovations done between October 1, 2020 and December 31, 2022, beginning with the 2021 tax year. This could save home owners up to $2,100, according to the Sask. Party. Expenses eligible for the proposed tax credit include permanent additions to a home, but not furniture, appliances or maintenance such as a new furnace or carpet cleaning.

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