TORONTO (June 4, 2015) — Ontario will soon offer discounts on auto insurance premiums to drivers who install four matching winter tires, according to the Tire and Rubber Association of Canada (TRAC).
Although the details still have to be worked out, a provision to offer the discounts will be included in the Province of Ontario's 2015 annual budget, according to an article in TRAC's June 2015 e-Newsletter.
With this action, Ontario follows the example of Manitoba, which in September 2014 instituted a program offering low-interest loans to drivers for the purchase of winter tires. More than 28,000 Manitoba drivers took advantage of that program in its first year.
Slightly more than half of Ontario's 9.4 million drivers install winter tires in season, according to TRAC.