Video interview: Dealer Michael Carmichael discusses National Job Loss Insurance Fund idea he shared with federal government

Michael Carmichael, President & CEO, UpAuto wrote a letter to Prime Minister Justin Trudeau urging his government to help restore consumer confidence after the pandemic by creating a National Job Loss Insurance Fund that would underwrite job loss insurance nationally for those purchasing a new or used vehicle with financing. The Fund would be managed by local licensed insurance brokers in cooperation with local accredited dealers. Watch the video interview above, read his letter to the government and see the infographic he created to explain it.

 

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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