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Courtney Theriault reports that Alberta is leading the nation in increases for both vehicle and property insurance. This development highlights the province’s position at the forefront of rising insurance rates compared to other regions in the country.
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Theriault previously reported that both Capital Power and TransAlta expect electricity prices to rise, with forecasts reaching $100 per megawatt hour by 2029. In addition, Prime Minister Mark Carney has indicated that a recent B.C. deal may provide new financial resources for improved social services. These developments add to the landscape of financial pressures affecting Canadian households.