Rate Increases
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Manitoba Hydro revises its rate hike request, cites cut in government chargesManitoba Hydro has reduced the value of a proposed rate hike after the government moved last week to cut fees the province charges the utility for debt guarantees and water usage.PoliticsNov 29, 2022
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‘Never an easy time:’ Nova Scotia Power defends 11.6 per cent rate-hike askNova Scotia Power is looking to increase rates by an average of 11.6 per cent by 2024, up from their original proposed increase of nearly 10 per cent.EconomySep 12, 2022
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Provincial government delays ICBC rate application with losses growingAttorney General David Eby has ordered a delay in ICBC's rate application until February in order to finish a financial analysis of two sets of reforms currently underway.PoliticsDec 12, 2019
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B.C. won’t look at moving ICBC broker system online until insurer’s financial mess is cleaned upThe B.C. government says it won't look at cost savings by modernizing the broker system until the finances at ICBC have improved.PoliticsOct 29, 2019
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B.C. Hydro rates set to go up 8.1 per cent over the next five yearsThe B.C. Government will be handing over more power to regulate BC Hydro to the B.C. Utilities Commission (BCUC).PoliticsFeb 14, 2019
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B.C. government to start better tracking on empty homes and rental stock as part of Speculation TaxB.C. Finance Minister Carole James says the province hopes to have additional data on housing trends once the speculation tax comes into full effect in 2019.PoliticsDec 28, 2018
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ICBC expected to submit basic insurance rate hike on FridayGet ready to pay more for your basic car insurance in British Columbia.PoliticsDec 12, 2018
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Fraser Institute suggests ICBC charges more to young drivers to cover financial lossA new Fraser Institute report argues there are many areas where ICBC could make policy changes to address growing losses at the public insurer.PoliticsNov 15, 2018
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Hydro hikes face opposition as hearings beginHearings began Monday into Manitoba Hydro's request for consecutive annual rate hikes of 7.9 per cent. The crown corporation is asking for the steep hikes to commence April 1, 2018.EconomyDec 4, 2017
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ICBC seeks 6.4% basic rate increase after losing $500M last yearMinister responsible for ICBC David Eby said ICBC is in very bad shape.Sep 5, 2017
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