BC Liberals mishandling of ICBC is reminiscent of their failure on the real estate file

They were expecting to be re-elected and have time to extinguish the fire they started

To listen to the BC Liberals talk, everything was going swimmingly when they handed over the keys to power in 2017.

But as it turns out like everything, the truth was a lot different than the rhetoric.

The BC Liberals would claim success on the real estate front except the fact that their industry reforms in the early 2000’s led to the outrageous shadow flipping and affordability issues the lower mainland now faces. It’s taken a speculation tax and re-regulation to partially slow down an overheated market.

The motivation was obvious. When homes and property is sold, they pay a property transfer tax that amounts to billions in provincial revenue that doesn’t have to come from income tax or sales tax. The problem with this scenario is that it pushed real estate prices into the stratosphere with hyperinflation increases that all but ruled out home ownership for average people.

By the time the BC Liberals reacted and reigned in the shadow flipping cash cow they created, the damage was done.

What the BC Liberals never considered is that for the economy to function, you need your blue collar, front line workers an ability to live and work in the economy they’re supposed to provide services into.

Nobody can afford to live in Vancouver unless you’re well above $150k a year income level. Imagine trying to operate a restaurant where you cannot hire cooks or servers because they can’t afford rent in the area they’d need to work in, and the prevailing wage structure doesn’t come close to helping them.

The BC Liberals created a 1% economy that catered to the top tier and ignored everyone else.

The downside that nobody is talking about here is that eventually the real estate market will crash out unless there’s some intervention to let the steam out slowly. A crash here triggers a recession.

How is this related to the BC Liberals mishandling of ICBC? It’s the same pandering to their well financed benefactors. But instead of big real estate and big developers, it’s trial lawyers.

It’s the same re-jig of regulations that opened the door for friends to make a lot of money while ignoring the potential damages it causes.

In the case of ICBC, the BC Liberal changes allowed for more litigation and court fighting which amplified legal fees and payouts; all of which is covered by ratepayers premiums.

What the BC Liberals did, instead of taking the extra revenue from a property transfer tax, is they scooped reserve cash from ICBC for the same reason. It wasn’t a sales or income tax.

In hauling money out of crown corporations and cashing in the windfall from a white-hot real estate market, the government was taking in $3-4 billion per year that was unrelated to the performance of the economy, and literally it was unsustainable.

They were warned on ICBC. They chose to ignore it.

Fast forward to the current moment. The BC Liberals are spending heavily as opposition party in their chosen social media venues to attack the NDP over ICBC.

What kind of idiots do they take us for?

The NDP is trying to navigate a path to repair things the BC Liberals willingly broke. And they’re doing so while simultaneously fighting legal challenges by the benefactors who’re seeing their gravy train dry up.

Well I’ve got news for you. My ICBC premiums are for my protection, so that I’m insured while driving my vehicle; no matter what happens. It’s not the BC Liberal money tree they can freely pluck from because of their own financial incompetence.

The NDP might not be perfect nor get everything right. But I appreciate that they’re trying to fix what was broken and are moving the ball forward.

So while this process might be awkward and imperfect, I’ll gladly vote for the NDP in the next election for attempting the right thing.

The last thing BC needs is a return to office, the BC Liberals who deliberately and willingly tried to break and vandalize the things we hold dear. May they never see the inside of the halls of power again.

Gig workers are workers too and need labour code protections

gig

The NDP government needs to act without delay, to amend BC’s labour code to recognize gig economy workers who exist as “independent contractors” with employee-like labour rights as any waged worker has.

As a guideline, California passed “AB-5” that does very much the same. To be sure, California law making and BC legislation exist within different constitutional frameworks and in different countries. But the point is not lost here: gig economy workers are at risk.

As an independent contractor in the gig economy world, you don’t get fired, you get your contract cancelled. For those who’s paycheque is tied to a mobile app, annoy the company and you’ll get disconnected. Gig economy workers exist almost within an “at-will” employment scenario and its scary. Especially in an economy where most middle and modest income earners are struggling.

Being fair, I can’t say that I’m a big cheerleader of ride-hailing. Or gig-economy jobs; but maybe some folks are.

All I know is that this was a promise made by the NDP and kept.

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While it is true that certain NDP candidates said bad things towards the real ride-hailing cheerleaders, the BC Liberals; it was largely because the BC Liberals were planning a free-for-all system that would have been the worst outcome from every perspective.

Ride hailing isn’t a climate change savior; it won’t do anything to unclog an already over-capacity Vancouver regional highway system. It was only a transportation option that every political party made. All of them. Especially the Green Party.

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To recap. Ride hailing was an industry that burst into existence in 2009. Ride hailing was actually chased out of BC by the BC Liberals in 2012 when they tried to set up without regulatory approval. It wasn’t until the 2017 provincial election that the BC Liberals made the notion of ride hailing a campaign worthy promise after having not lifted a finger for it in the 8 years previous.

For whatever criticism one can throw at the NDP for the slow roll out of ride hailing, its at a breakneck speed compared to the bag of nothing delivered by the BC Liberals, and the NDP has added the class 4 license restriction to these drivers as a layer of qualification and safety. Now its time to protect the drivers of such business models; and all others who draw a paycheque from this sort of business to feed their families.

My2bits

BC Liberals find new ways to look pathetic over ride hailing

The BCUC approved the ICBC proposal on a basic insurance product for ride hailing corporations ahead of the anticipated September 16 legalization date.

John Yap

The BC Liberals found a way to complain about it. The angle? The product is too cheap and other drivers will have to subsidize ride hailing corporations as a result.

This is of course after months of belly aching over the government requiring a class 4 license for ride hailing drivers because it was an expensive barrier to earn a few extra dollars.

But this should come as no surprise from a party that likes to stand on both sides of an issue and would have attacked the NDP no matter how they handled it.

What’s really going on here? The desperate and pathetic flailing by the BC Liberals in frustration as they witness a government getting things done compared to the dithering and triangulation that Campbell and Clark were famous for.

The BC Liberals had every opportunity to enable ride hailing in the last two terms (of the 4 they served) where ride hailing corporations existed. But, no. They went as far as chasing out Uber with legal threats when they began operations without proper authorization from the gov’t.

It was only an 11:58pm conversion in the last few weeks before the 2017 election that the BC Liberals found religion on ride hailing, but even then, they misread sentiment. They still do.

In 2018, a poll discovered that while the public overwhelmingly approved of ride hailing, it wasn’t without limits. They wanted drivers to carry class 4 licenses, wanted limits to how many ride hailers could exist as nobody was looking to put *more* cars onto the already over capacity lower mainland road system.

One of the advantages of waiting as long as we have to get ride hailing off the ground is we get to see what long term trends look like in large cities like Vancouver with the advent of this click-and-ride service.

Studies show that unrestricted ride hailing services adversely affect traffic congestion. So putting a regulatory cap in place on how many may drive for ride hailing corporations would have been wise policy for those cities. Good thing it’s coming for BC.

I’m not saying that I’m in favour or opposed to ride hailing. But if we’re to have it, the drivers should at least play by the same rules we expect of cab drivers they pretend to be.

It’s a newer business model and an alternative to traditional cabbies. But it’s not the answer for traffic congestion or climate change.

Even the Green Party is on the wrong side of history here.

My2bits

License requirements matter

When it comes to the license requirements for ride hailing drivers when the new regulations kick in, these new drivers will be required to have a class 4 license.

That’s it.

The angry BC Liberal side is saying this is an unfair and onerous weight to carry, I say otherwise.

The stats suggest that on average, there’s a .6pt safer advantage of a class 4 over the basic class 5.

In terms of averages, thats not a big deal. But when played out into the raw numbers of how many accidents in total vs what this .6 means, we get 2100 fewer accidents as a result of class 4 licenses.

But that’s another issue. If we’re to say that ride hailing should only use class 5, then we’re basically saying that the extra accident rate is worth the $100 that ride hailing drivers don’t have to pay in getting the superior license.

I think that’s a morally reprehensible position to take.

And if you’re one of those taking the position that the class 4 license is onerous with its medical exam, criminal background check, proof of safe driving, and working knowledge of your vehicle are too much, kindly go fuck yourself.

What if your son or daughter was killed off as part of that 2100 extra accidents that don’t matter.

Any layer of safety is worth it.

Anything to not let this happen here.

https://www.citynews1130.com/2019/06/22/uber-lyft-licensing-bc-ontario/

My2bits

BC Liberals are hypocrites on ride hailing

If you’re just tuning in, you might be forgiven for thinking that the BC Liberals have been the champion of ride hailing services the whole time.

You’d be wrong. Very wrong.

As recently as 2014, a year after the ’13 election, the BC Liberal transportation minister was openly threatening fines and/or jail time for such drivers.

But now they’re the champion?

Not likely.

But don’t let the cynical political games of the BC Liberals get in the way of a good lie.

My2bits