The ICBC dumpster fire keeps on burning
Mornings with Simi
English - October 28, 2019 20:37 - 27 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
More red ink at ICBC. The public insurer has released its 2018-2019 financial report and the statement shows a total loss of $1.15 billion for the fiscal year ended March 31 of this year.
That's a little bit less than what they host in fiscal 2017-2018, $1.32 billion. But today’s figures are still $470 million worse than ICBC’s own forecasts.
Guest: David Eby
Attorney General of British Columbia
Guest: Todd Stone
BC Liberals critic for Municipal Affairs and Housing
More red ink at ICBC. The public insurer has released its 2018-2019 financial report and the statement shows a total loss of $1.15 billion for the fiscal year ended March 31 of this year.
That's a little bit less than what they host in fiscal 2017-2018, $1.32 billion. But today’s figures are still $470 million worse than ICBC’s own forecasts.
Guest: David Eby
Attorney General of British Columbia
Guest: Todd Stone
BC Liberals critic for Municipal Affairs and Housing