VANCOUVER (NEWS1130) – The Opposition is accusing the BC Liberals of taking cash from a couple of Crown corporations that raised your rates in order to balance the budget.
The province is getting well-over $450 million from ICBC and BC Hydro; that’s a lot of money, considering the province is projecting a surplus of just $200 million.
NDP Finance Critic Bruce Ralston wants a review, “looking particularly at BC Hydro and the revenue that’s attributed to BC Hydro; BC Hydro needs a thorough examination.”
Ralson points out the Auditor General criticized BC Hydro for deferring debt to future years last year.
“The Auditor General has spoken very strongly about the way in which revenue is attributed to BC Hydro and then to give a dividend to the province. So that process will need a major re-think.”
The province is defending its accounting methods.
Both Crown corporations raised rates last year and BC Hydro is applying for another rate hike this year.
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The economy in general around the world is not in the best position. All governments around the world are scrapped. So instead of having a battle between Liberal and NDP in BC along with past performances, the question you should be asking yourself should be: Given the current state of the global economy, is the budget the best solution for BC as a whole.
And who created ICBC….NDP….at least the we know where our money went,God help us if Dix had control of it,more ferry gate??..how a bout a transit gate???
dont like icbc??? go to alberta (private) and but it………… i was paying under 1000 and over there it was 2306!!!!! 1995 lived anywhere else?…….private sucks
ICBC was a good idea until the greedy Liberals started screwing it up.
Fast Ferry problem is pennies compared to what the Liberals have cost us.
Vote NDP, the only hope for BC
ICBC was NEVER a good idea. Typical socialist crap where they tried to buy an election with a very expensive “freebie”. The rates were never what the actuarials were. Of course it was cheap but we all had to pay for it later after the No Direction Party borrowed tons of money to pay for it. Stupid idea. The Liberals had nothing to do with “screwing it up”. The NDP and their union friends did that.
Very easy for the NDP to criticize. They have not released their own costed budget. We probably won’t see any definite solutions from the NDP knowing that they cannot do better.
Wanna see an NDP platform? Get your friends in the BC Liberal Party to call an election.
The only things on the NDP platform are; over tax, overspend, borrow tons of money, fatten up their union friends, drive investment out of our province, ruin our economy etc. Do not vote for the ruination of our province by electing the No Direction Party.
not even close to what the ndp lost on the fast ferries
rofl think you mixed up BC NDP with BC Liberals. See those foreign built ferries are constantly breaking down resulting in ferry cancellations and guzzle more diesel than a 70′s GTO. They are about as equal to the NDP fast ferries. In this province its one messed up government after another. I already know how the NDP will spend like there is no tomorrow but the sad thing is the ‘free enterprise’ government made up of business folks in teh BC Liberal party can’t balance a budget if their life depended on it. We now have record debt of $62 Billion. When the NDP left it stood at $33 Billion. There is no difference between these two.
Get out of the past, and get your tiny brain unstuck from something not even COMPARABLE to what the Liberals have done to BC over the past 10 years or so.
So we can have a proven corrupt liar, Adrian Dix?
The BC Liberals continue to follow the lead of their ancestors, the Social Credit Party: Continue to operate Crown corporations because they make sense for consumers, but pocket their surplus cash when it makes political sense.
The simple reality is that BC vehicle owners would be paying absolute, rock-bottom prices for insurance today if ICBC hadn’t been repeatedly robbed of its surplus. If you disagree, then you have no grasp of the facts. And you obviously can’t understand why ICBC continues to exist under a government that has often pledged to eliminate it.