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Impacts of COVID-19 on ICBC report released

Impacts of COVID-19 on ICBC report released

May 14, 2020

A review of ICBC’s financial situation since the start of the provincial state of emergency shows both positive and negative financial impacts on ICBC’s bottom line.

With almost no capital reserves to withstand fluctuations and volatility in the markets, it is too early to determine whether the pandemic will result in benefits to pass on to drivers.

Read the report here…

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