By The Canadian Press

Province to Regulate Ride-Hailing Companies

Jun 29, 2016 | 6:11 AM

EDMONTON:   Alberta has rolled out the details on how it will regulate ride-hailing companies such as Uber Canada and TappCar to ensure they are safe for consumers.

The government has developed a type of insurance policy that companies can purchase to cover their drivers as part of the requirements they must meet to operate in the province.

The policy is scheduled to become available to insurance companies on Friday.

It’s designed to cover drivers from the moment they log onto their company’s mobile app to pick up a customer.

Transportation Minister Brian Mason says it will ensure the safety of the public and a level playing field among car-for-hire businesses.

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A government release says Alberta is the first Canadian province to develop a new insurance policy designed specifically for ride-hailing companies to protect people in the event of an accident.

Alberta-based TappCar, which has about 300 drivers in Calgary and Edmonton, says it supports the government’s policy.

Uber, which suspended operations in Edmonton in March and in Calgary last November, says it wants to study the detailed regulations before commenting.