Once elected the Liberals chose instead to freeze rates for a few months and then deliver a 10% rate cut with the promise of more to come. But like so many of their other promises ("we'll balance the budget," "I won't raise your taxes," "we'll maintain the freeze on electricity rates," etc...) the auto insurance promise has been abandoned.

Yesterday at their annual caucus retreat, Premier McGuinty acknowledged his government won't be able to deliver on the second 10% rate cut. At the same time, the government made its first real admission that the first cut may not have been a full ten percent. So it looks like the Liberal rate cut will be more in line with the Conservatives' 10-15% (hmm, maybe the Tories actually knew what they were talking about).

Ontarians have a right to be angry, many are paying half or more of the book value of their cars in insurance premiums every year. Mr. McGuinty called it a " basic bread and butter issue" yesterday. He's right, for many Ontarians paying exorbitant car insurance rates, the choice is between paying the insurance company and having bread and butter on the kitchen table.