British Columbia's NDP government faces criticism for purchasing ICBC headquarters for $53.3M, allegedly shortchanging ICBC policyholders by $40M, amid transparency concerns.
British Columbia's NDP government faces criticism over its purchase of the ICBC headquarters for $53.3M, assessed at around $100M, to create affordable housing. Critics argue the gov't shortchanged ICBC policyholders by $40M, and question the transparency and motives behind the decision. Premier David Eby claims the previous Liberal gov't intended to sell the property for luxury condos, prompting the NDP to intervene.
June 19, 2024
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