ICBC rates are up 5.5 per cent

Hydro, ICBC, MSP fees up in 2016

Premier Christy Clark's government has intervened in BC Hydro and car insurance rates, medical premiums up 40 per cent since 2010

Medical Services Plan premiums, electricity bills and vehicle insurance rates are up in 2016, reviving criticism of the B.C. government’s constant boast about keeping taxes low.

MSP premiums rise from $144 to $150 as of Jan. 1, for a family of three earning more than $30,000 a year. For a single person in the same income group, the rate goes from $72 to $75, with lower rates for lower incomes down to $22,000 a year, where premiums drop to zero.

B.C. is now the only province in Canada with a health care fee, and it has risen about 40 per cent since 2010. Premier Christy Clark has defended the fee as a signal to citizens about the enormous cost of providing health care.

BC Hydro rates have been politically dictated since Clark and Energy Minister Bill Bennett intervened to cap rate increases in 2013. Hydro rates jumped nine per cent in 2014, followed by annual increases of six, four, 3.5 and three per cent in the 10-year rate plan. Starting with the proposed four per cent increase in 2016, the independent B.C. Utilities Commission (BCUC) is reviewing if rate increases can be lower than what is capped in the rate plan.

Insurance Corporation of B.C. basic vehicle insurance went up by 5.5 per cent on Nov. 1, an increase still subject to review by the BCUC. That works out to an increase of $3.70 per month added for the average driver.

ICBC had proposed the maximum 6.7 per cent increase to cover increasing costs of personal injury claims and fraud, but the province gave it permission for a one-time transfer of $450 million from its optional insurance business to subsidize the basic rate.

In a year-end interview, NDP leader John Horgan stopped short of promising to eliminate MSP premiums, but he called it a “regressive tax” that would be part of a broad review of B.C. taxation fairness if he wins the 2017 election.

The Canadian Taxpayers’ Federation says people who benefit from Prime Minister Justin Trudeau’s promised middle-class tax cut will see most of those savings eaten up by provincial and municipal tax increases.

Trudeau vowed to reduce the federal income tax bracket between $45,282 and $90,563 from 22 per cent to 20.5 per cent, and increase the rate for income over $200,000 from 29 to 33 per cent. The change would provide up to $2,000 in tax relief for middle-income earners, with dual-income households benefiting most, CTF federal director Aaron Wudrick says.

Municipal taxes are expected to increase across the province in 2016, with local councils preparing to set budgets for the new fiscal year that starts April 1. Port Alberni has proposed a seven per cent increase, and the CTF says it hasn’t found any B.C. municipalities yet that propose to freeze or lower property tax rates.

With the rapid rise in property prices continuing in parts of the Lower Mainland, the B.C. Assessment Authority sent out 37,000 letters in December, warning single-family homeowners to brace for a big jump in their assessed value.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Wreaths are placed on the cenotaph in Rotary Park during the 2019 Remembrance Day ceremony. There will be no formal ceremony held in Rotary Park this year due to COVID-19, however personal displays of remembrance are encouraged. Wreaths are available for purchase through the Poppy Campaign. (Cranbrook Townsman file)
Remembrance Day different, but not forgotten, says Cranbrook Legion

The Legion will not be hosting their traditional ceremony at the cenotaph this year

City council approved a zoning amendment to permit construction of a new apartment building.
Council approves zoning change for proposed apartment building

Cranbrook city council approved a rezoning application that would permit construction of… Continue reading

East Kootenay Regional Hospital in Cranbrook. Google maps photo
EKFH Starlite campaign to support youth mental health care centre

Together with the Ktunaxa Kinbasket Family and Child Services Society (KKFCSS), the… Continue reading

There has been COVID-19 exposures at two elementary schools in District 42. (Image courtesy CDC)
Interior Health reports 24 additional COVID-19 cases

This includes three school exposures in Kelowna

City Hall in Cranbrook.
Housing study identifies shifting demographics in Cranbrook

Gaps in Cranbrook’s housing stock include shifting demographics and a mismatch of… Continue reading

Provincial health officer Dr. Bonnie Henry arrives for briefing on the COVID-19 situation, B.C. legislature, Oct. 26, 2020 (B.C. government)
B.C. records 217 more COVID-19 cases, mask use urged

Infection spike continues, 21 senior facilities affected

Every year, for the past three years, we have gone camping for Halloween weekend at HaHas Lake (pictured). This year we shall return for the last weekend of October. (Corey Bullock file)
Farm life: Another month come and gone

What I read, watched, listened to and made in October

A raccoon paid a visit to a Toronto Tim Hortons on Oct. 22, 2020. (shecallsmedrew/Twitter)
Who are you calling a trash panda? Raccoon takes a shift at Toronto Tim Hortons

Tim Hortons said animal control was called as soon they saw the surprise visitor

Slippery roads led to this crash in West Trail on Friday morning. Photo: Trail RCMP
First snow in Kootenays causes multiple crashes; one suspected of involving alcohol

The Trail and Greater District RCMP’s weekly brief contains details on collisions

Pixabay photo
‘Horrific’ abuse of volunteers, staff by parents must stop: Chilliwack soccer club

Parents have become abusive after being told COVID-19 rules, email says

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

FILE – The Queen of Alberni ferry leaves the Tsawwassen Ferry Terminal in Delta bound for Vancouver Island, Sunday, July 29, 2007. (CP PHOTO/Richard Lam) CANADA
Mechanical failure leaves nearly 200 passengers stranded on BC Ferries ship for hours

A tug arrived after dark to safely nudge the vessel into a berth so travellers could finally disembark

Ridge Meadows RCMP (Black Press)
Maple Ridge X-ray tech convicted of sexual assault dating back 30 years

Allen James Brooks is expected to be sentenced in January 2021

Most Read