BC Liberals opposed measures to fix ICBC and put cash in drivers’ pockets

Posted in:

After mismanaging ICBC for years, the BC Liberals attempted to stop the BC NDP from fixing ICBC and putting money in the pockets of drivers.

When they were in power, the BC Liberals raided $1.2 billion from ICBC and deleted seven pages from a report in 2014 that provided recommendations on how to improve the company’s finances.

The BC NDP took measures to fix the mess that was left behind. The BC Liberals attempted to block those measures:

  • In July 2020, the BC Liberals opposed the BC NDP plan to introduce an enhanced care-based model that saved money by reducing legal costs, enabling ICBC to reduce rates by 20%. (The Province)
  • In March 2020, they opposed legislation that banned future raids on ICBC’s books. (link)

If the BC Liberals had succeeded in stopping these changes, ICBC would not be in the position of providing rebates to drivers.