Blog

ICBC Facing Severe Financial Pressure 30 July 2016

Posted on

In late May 2016 the government released ICBC’s annual report for the 2015 fiscal year. The report was made public without a media release shortly after the Legislature completed the spring 2016 sitting, and confirmed that ICBC suffered a $257 million loss of net income in the compulsory Basic program compared to the prior year.

Download the PDF to continue reading.