MPI loan for snow tires used for 71,000 vehicles
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Hey there, time traveller!
This article was published 30/01/2017 (3474 days ago), so information in it may no longer be current.
Almost 71,000 vehicles in Manitoba have snow tires thanks to Manitoba Public Insurance’s low-interest loan program.
MPI’s Winter Tire Program, launched in September 2014, provides loans of up to 48 months at prime plus two per cent up to $2,000 per vehicle.
“Manitobans know the importance of road safety and continue to understand that winter tires have significant safety merits,” Crown Services Minister Ron Schuler said in a statement Monday.
“This low-interest winter tire program assists Manitobans to make the purchase and equip their vehicles with snow tires with the ultimate goal being fewer winter collisions and safer roads.”
Ward Keith, MPI’s vice president business development and communications, said road safety studies show vehicles can stop quicker on ice and snow if they have winter tires.
“Reducing fatalities and injuries is a goal which can be achieved when everyone makes the commitment to safety, and preparing for winter with the use of winter tires is one way to keep our roads safe.”
For more information on the MPI loan program, go to www.mpi.mb.ca.