Big profit on B.C. driver’s licences

ICBC charges $75 for a new or renewed driver's licence, but it only costs the corporation $10 to issue a licence.

B.C. Auditor General John Doyle

ICBC charges $75 for a new or renewed driver’s licence, but it only costs the corporation $10 to issue the licences, B.C. Auditor General John Doyle says in a new report.

The fee is set by the provincial government, which takes all the revenue and leaves ICBC to fund licence handling costs from its insurance revenues. The licence fees added up to $36.5 million in revenue to the province in the fiscal year that ended last March.

Doyle found fees are set by the government without providing a rationale to the agencies that collect them. Some fees haven’t been revised since the 1990s, and nearly half of the 2,332 fees studied in the audit had no date recorded for when they were last revised.

Doyle recommended that government fees be explained to agencies, revised regularly and the information made “readily available to the public.”

Just Posted

North Coast fishing grounds key to orca recovery: DFO

Plan marks waters from Langara to Rose Spit as critical habitat for northern resident killer whales

Chris Green, mother of scouts, passes away

Green, who was born near Kitimat, spent more than 60 years volunteering with Scouts Canada

Intertidal Music Festival back for round two

More than 20 performances throughout the day at the North Pacific Cannery on July 21

Alberta man missing on Kitimat River found dead

Body found on July 11 after going missing on July 7

Reported fire in Kitimat turns out to be smoking salmon

Fire reported at apartment on Albatross Street on July 10

Trudeau asks transport minister to tackle Greyhound’s western pullout

Prime Minister Justin Trudeau says he’s asked Transport Minister Marc Garneau to find solutions in Greyhound Canada’s absence.

VIDEO: Life’s a beach at this B.C. sand sculpting contest

More than $50,000 was up for grabs at the annual contest held in Parksville

Group urges Canada to help Holocaust denier on trial in Germany

They’re concerned about Canada’s apparent unwillingness to come to the aid of Monika Schaefer

RCMP seek person of interest after elderly man left with ‘life altering’ injuries

Burnaby RCMP believe a male teen is a ‘person of interest’ in the case

MGM sues Vegas mass shooting victims, argues it isn’t liable

The company argues it has “no liability of any kind” to survivors or families of slain victims

Vancouver police propose policy for victims, witnesses who are undocumented immigrants

If approved, officers will not ask about an immigration status, unless needed

Crashes reach ‘all-time high’ across B.C.: ICBC

Auto insurer recorded more than 350,000 crashes in 2017

Pressure on for ride hailing, bus options in B.C.

Premiers to press Ottawa for help replacing Greyhound service

Usain Bolt to make run at pro soccer in Australia

Olympic sprint great has long expressed his love of the game

Most Read