BC Conservatives promise to end ICBC monopoly [Video]

Driving down the cost of car insurance is a priority, says BC Conservative Leader John Rustad, who is pledging to eliminate ICBC’s monopoly.

“Introduce competition – the ability for competition with ICBC – to make sure there is fair and proper insurance for people here in British Columbia,” said Rustad on Thursday.

He says he’d keep the no-fault scheme for minor injuries – making up 85 percent of claims – but ditch it for serious, life-threatening ones.

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B.C. NDP Leader David Eby said Thursday that Rustad’s plan – which has been implemented in other provinces – would actually cost young drivers more.

“This is a direct threat to affordability,” Eby said. “John Rustad knows it. The numbers are obvious. You can look at the other provinces and compare.”

Transportation was a major theme for the BC Conservatives on Thursday. The party also rolled out a slew of promises including building …