September 28, 2022

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BC drivers to get $110 one-time ICBC rebate amid record-high gas prices | FULL

1 min read

B.C. drivers will be getting a one-time ICBC rebate due to record-high gas prices.

Premier John Horgan announced Friday that individuals will receive a rebate of $110, while commercial drivers will get $165.

Horgan said the high prices at the pump are a “direct result” of Russia’s invasion of Ukraine, and he hopes this will help offset the cost for British Columbians.

ICBC has provided two previous rebates to customers, and Horgan said he chose it again because of the corporation’s “strong financial standing” after changing to its enhanced care model.

Public Safety Minister Mike Farnworth said the one-time rebate will be issued this spring and will total $195 million.

Customers will start to receive their rebates in May, Farnworth said.

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News Source: Global News

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