Government to Government Resident Savings Scorecard: Manitoba Public Insurance $240 ... ICBC + BC Hydro = $4

Government to Government Resident Savings Scorecard: Manitoba Public Insurance $240 ... ICBC + BC Hydro = $4

BC’s NDP government of Premier John Horgan continues to make ICBC a source for political gain

At a time when so many British Columbians are struggling financially, Conservatives in BC are again asking, ‘Wouldn’t it make sense for the public automobile insurer in our province to follow the lead of other provinces and private insurers when it comes to driver rebates?’  

In April, the Insurance Bureau Canada announced that member companies would be providing approximately $600 million in auto insurance premium reductions to consumers. Just days later Manitoba Public Insurance announced drivers there would be receiving financial relief in the amount of $140 to $160 per driver.

But here in British Columbia? ICBC ignored calls for similar action.

Insurance rates in BC are among the highest in the country. With so many people either unemployed or working from home, time spent driving is, for most, greatly reduced. Some, for health reasons, are housebound and not driving at all”, observed the leader of BC’s Conservatives, Trevor Bolin, today.  

And”, Bolin continued, “BC’s NDP government of Premier John Horgan continues to make ICBC a source for political gain.”  

During October’s provincial election, the NDP finally promised BC drivers a rebate -- but only if re-elected – and not until April of next year at the earliest. Meantime on Monday (11/30/2020) Manitoba announced a second rebate amounting to a further $100, or total savings of $240 per driver.

In BC, what news of savings did residents receive? Bruce Ralston, government minister for Energy, Mines, and Low Carbon Innovation stated that a $4 rebate announced by BC Hydro is a ‘... step in the right direction as we continue to build an economy that works for people.’

It’s time for this government to get with the program”, remarked the Conservative leader.

“In April I stated if private and public insurance companies in Canada could pass on savings amounting to nearly three quarters of a billion dollars, people in BC deserved nothing less.”

When British Columbians have no choice as to their insurer, it must be the responsibility of ICBC to act in the best interests of the public”, concluded Bolin.

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  • Trevor Bolin
    published this page in NEWS 2020-12-02 08:34:56 -0800