I have recently become a resident of Squamish — I moved here from Vancouver to get away from the hustle and bustle of the city. So far, I love it here.
I’m making this submission to The Chief because I would like to use this as an avenue to ask for the public’s comments on the recent news that ICBC will face a loss of $1.3 billion by the end of 2019.
I’ve already submitted a letter of concern to our MLA Jordan Sturdy.
As a result of this taxpayer-funded Crown corporation reporting such an extravagant loss, the only way that I can see ICBC rebounding from this is if the drivers of B.C. have to pay even more for their already expensive car insurance. This feels extremely unjust especially considering that if this were a private company, ICBC would have gone out of business a long time ago.
From what I have read, the Liberal government from 2010 removed $1.2 billion from ICBC. I am curious where this money went?
How do we, as taxpayers, get the people involved so that ICBC and our government is held accountable?
As residents, we have the right to find out what happened instead of the answers being buried in bureaucracy and hidden behind closed doors.
Ben Hoogendoorn
Squamish
