well its not going to be overnight. in fact they don't know when its going to happen. and on top of that they will be adding new regulation and oversight of both the insurance industry and the health and other practitioners who bill insurers. So basically everyone's taxes will go up so that drivers get cheaper insurance. I am also going to guess that this will make it more difficult for everyone to make a claim.
Since I am a driver, this will probably be a net benefit to me. Not sure how fair it is to non-drivers. But perhaps with the rampant fraud that we apparently have in Ontario, this is something that just needs to happen.