Eby believes ICBC’s money woes can eventually be resolved

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VANCOUVER (NEWS 1130) – Encouraged he can “get it back on track”: That’s how the Attorney General says he feels, now that public consultations on the financial future of ICBC have wrapped up.

David Eby is also reporting the feedback has been overwhelming with 34,283 people voluntarily spending 20 minutes to fill out a survey about the troubled insurance provider.

Thursday was the deadline for a month-long engagement process launched after we learned the province’s auto insurance provider needs to recover more than $1 billion, mainly thanks to bad drivers.

“Tens of thousands of people filled out our survey. Staff are compiling that right now, but overwhelming we’re seeing certainly support for this idea ICBC can usefully re-apportion rates between high risk and low risk drivers.”

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The financial crisis Eby’s described as a “dumpster fire” has prompted renewed calls to privatize the Crown corporation, but he says, “That’s a challenging proposition, when I look at Ontario, which is the only province with higher rates than us and has a fully privatized model and it’s a total mess.”

Changes that have already made include increased penalties for distracted driving and the addition of more intersection cameras to slow down speeders.

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