CBC: Make ICBC a co-op to solve financial problems, says Canadian Taxpayers Federation

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August 23, 2017 | Tanya Fletcher

Quoted from the article:

David Eby, the minister in charge of ICBC, is not sold on a private-public mix. He says the current problems stem from the previous Liberal government using money from the corporation for non-ICBC-related spending. He says the solution is to keep ICBC revenue within the Crown corporation.

“It’s not as simple as public-private,” Eby said.

“ICBC has in the past, and I believe can again, provide low, affordable rates as well as significant benefits to the public in the form of money for enforcement, driver’s license administration and other public services.”

Read the full article: http://www.cbc.ca/news/canada/british-columbia/icbc-co-op-1.4258351