Skip to Main content

14.97°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

May 8, 2024 7:03 PM - The Canadian Press

B.C. insurance corp. announces $110 vehicle rebate, rate increases on hold until 2026

Share On

b-c-insurance-corp-announces-110-vehicle-rebate-rate-increases-on-hold-until-2026

Wong says preliminary financial results show ICBC will earn net income of $1.5 billion this year, which includes the $400 million cost of the rebates.(Photo: The Canadian Press)

Most drivers in British Columbia will receive a $110 vehicle insurance rebate this year.

The Insurance Corporation of B.C. says strong investment and financial returns and the 2021 shift to the "enhanced care" model for providing health coverage for people involved in crashes has put the Crown corporation in a solid position to offer rebates.

Corporation president David Wong says vehicle insurance rates will also remain frozen until at least March 2026.

He says the last basic insurance rate increase was 2019.

Wong says preliminary financial results show ICBC will earn net income of $1.5 billion this year, which includes the $400 million cost of the rebates.

Premier David Eby and Solicitor General Mike Farnworth, the minister responsible for ICBC, and Wong are set to address rebate program at a news conference Wednesday.

Latest news

aap-protests-outside-bjp-offices-in-punjab-over-ed-action-against-sanjeev-arora

IndiaMay 11, 2026

AAP protests outside BJP offices in Punjab over ED action against Sanjeev Arora

The Aam Aadmi Party (AAP) staged protests outside Bharatiya Janata Party (BJP) district offices across Punjab on Monday following the Enforcement Directorate’s (ED) arrest of Punjab cabinet minister Sanjeev Arora in a money laundering case. Party workers raised slogans against the BJP and accused the central government of using investigative agencies for political purposes. Tense situations were reported in several locations where AAP and BJP workers gathered during the demonstrations. However, no major clashes or arrests had been officially confirmed at publication time. Punjab Finance Mini

WorldMay 11, 2026

American cruise passenger tests positive for hantavirus after Canary Islands evacuation

A U.S. passenger evacuated from a cruise ship linked to a hantavirus outbreak in the Canary Islands has tested positive for the virus, according to the U.S. Centers for Disease Control and Prevention. The CDC said a second American passenger who was onboard the ship is also being monitored after showing mild symptoms. Both individuals returned to the United States overnight and are being observed at the U.S. National Quarantine Unit in Nebraska. Health officials have not released additional details about the patients or confirmed how many total cases have been linked to the cruise ship outbrea

bhagwant-manns-cousin-gyan-singh-mann-joins-bjp

IndiaMay 11, 2026

Bhagwant Mann’s cousin Gyan Singh Mann joins BJP

Punjab Chief Minister Bhagwant Mann’s cousin, Gyan Singh Mann, has officially joined the Bharatiya Janata Party after leaving the Aam Aadmi Party. Gyan Singh Mann was inducted into the BJP in Chandigarh in the presence of Punjab BJP president Sunil Jakhar and Haryana Chief Minister Nayab Singh Saini. Speaking after joining the party, Gyan Singh Mann said he had joined the Aam Aadmi Party in 2014 but claimed the party changed after forming the government in Punjab in 2022. He alleged that the AAP had shifted from being “a party of ordinary workers to a party of special interests” and crit

mps-expand-proposed-deepfake-law-to-include-nearly-nude-images

CanadaMay 11, 2026

MPs expand proposed deepfake law to include ‘nearly nude’ images

A House of Commons justice committee has amended proposed federal legislation targeting non-consensual sexual deepfakes to include images depicting people as “nearly nude,” following concerns the original wording may not have covered some AI-generated content circulating online. The amendment to Bill C-16 was approved by MPs studying the legislation after witnesses raised concerns that the bill’s earlier definition of “intimate image” was too narrow. The original version focused on images showing a person nude, exposing sexual organs, or engaged in explicit sexual activity. Committee

motorcyclist-seriously-injured-in-delta-crash-that-left-bike-suspended-from-traffic-light

Motorcyclist seriously injured in Delta crash that left bike suspended from traffic light

A motorcyclist was taken to hospital with serious injuries after a crash in Delta on Saturday that left the motorcycle hanging from a traffic light, according to Delta police. Delta Police said officers responded to the 7100 block of Scott Road shortly before 3 p.m. following reports of a collision involving a motorcycle and another vehicle. Police said the motorcyclist suffered serious but non-life-threatening injuries. The driver of the other vehicle was not injured.According to a Delta Police news release, speed is believed to have been a contributing factor in the crash. Investigators hav

Related News

Motorcyclist seriously injured in Delta crash that left bike suspended from traffic light

Motorcyclist seriously injured in Delta crash that left bike suspended from traffic light

A motorcyclist was taken to hospital with serious injuries after a crash in Delta on Saturday that left the motorcycle hanging from a traffic light, according to Delta police. Delta Police said officers responded to the 7100 block of Scott Road shortly before 3 p.m. following reports of a collision involving a motorcycle and another vehicle. Police said the motorcyclist suffered serious but non-life-threatening injuries. The driver of the other vehicle was not injured.According to a Delta Police news release, speed is believed to have been a contributing factor in the crash. Investigators hav

Illegal gambling investigation in Metro Vancouver leads to 11 arrests

Illegal gambling investigation in Metro Vancouver leads to 11 arrests

Police in British Columbia say 11 people have been arrested following an investigation into an alleged illegal gambling operation in Metro Vancouver. According to investigators, the probe began in November 2025 after police received information about a suspected gaming house operating in Maple Ridge. Officers executed search warrants on April 29 at locations in Maple Ridge, Coquitlam and Surrey. Police said investigators seized gambling equipment, more than $34,000 in cash, and a shotgun fitted with a suppressor during the searches. Authorities have not released details about the identities of

Verdict expected in Abbotsford double homicide trial involving 2022 home invasion

Verdict expected in Abbotsford double homicide trial involving 2022 home invasion

A B.C. Supreme Court judge is expected to deliver a verdict today in the first-degree murder trial of three men charged in the deaths of an elderly Abbotsford couple during a 2022 home invasion. Court heard during the judge-alone trial that 77-year-old Arnold De Jong died from asphyxiation after his head and face were wrapped in duct tape, while 76-year-old Joanne De Jong was beaten and had her throat slashed. The couple’s bodies were discovered inside their Abbotsford home in May 2022. Abhijeet Singh, Gurkaran Singh and Khushveer Toor, all in their 20s, pleaded not guilty to first-degree mu

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital