Quote:
Originally Posted by chowhou
One viewpoint I heard yesterday which paints the NDP in a slightly better but equally cynical light was that ICBC is sitting on massive cash reserves carried over from COVID and they probably weren't going to raise rates anyway, but the NDP got there first to say "and you're not allowed either!" for the political win. If that's the case, it's not outright destructive, it's just image politics.
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Politically speaking I would have waited to see what ICBC does.
No rate increase? "The BC NDP fixed ICBC".
Rate increase? "We are stepping in to freeze rates for British Columbians!"