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B.C. gets new minister for ICBC
June 8, 2001 by Canadian Underwriter
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With the formal swearing in of B.C.’s Liberal government cabinet, a new finance minister takes the helm, and assumes responsibility for the province’s public insurance program. Gary Collins has been given the task of overseeing the Insurance Corporation of British Columbia as port of his overall finance ministry portfolio. In the past, ICBC has fallen under several different ministries.
Deregulation of insurance was a platform for the Liberals throughout the election, and insurers are keen to begin talks on opening up the auto insurance market in B.C.
I have an issue with WHY you tend to only charge vehicle drivers for insurance and road repairs, while you make many adjustments all over the province to accommodate bicyclists – they too should share the cost of this NOT only vehicle drivers! (Now the City of Vancouver wants to charge for parking – my gosh, we’re suffering already with this pandemic and many remain home majority of the time that have been paying for insurance = so, we drive, we pay = we stay home we pay?) Give Canadians struggling a break!