ICBC
I have a suggestion to ask if ICBC (Insurance Corporation of British Columbia) should be privatized. Consumers need a choice and private insurance would mean lower rates. ICBC has a monopoly.
The B.C. provincial government will reap the benefits of an estimated $778 million in surplus income from the Insurance Corporation of British Columbia in the next three years, money that some critics say should go back into drivers' pockets.
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