Insurance Corporation of British Columbia

B2Gold Reports Total Gold Production for Q4 2022 of 367,870 oz, a Quarterly Record for B2Gold; Total Gold Production for FY 2022 of 1,027,874 oz, at the Upper Half of 2022 Guidance; 2023 Total Gold Production Guidance of 1,000,000 to 1,080,000 oz; Capital

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Wednesday, January 18, 2023
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The Fekola Complex's total 2023 gold production is anticipated to be similar to 2022.

Key Points: 
  • The Fekola Complex's total 2023 gold production is anticipated to be similar to 2022.
  • Saprolite production from the Bantako permit is expected to contribute approximately 18,000 ounces of gold in 2023 with production levels continuing to ramp-up through 2024.
  • The expected increase in Fekola's AISC for 2023 reflects, predominantly, higher sustaining capital expenditures.
  • For 2023, Masbate is expected to process 7.8 million tonnes of ore at an average grade of 0.96 g/t with a process gold recovery of 74.5%.

AgriFORCE Announces Appointment of André J. Beaulieu as General Counsel

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Tuesday, October 4, 2022
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VANCOUVER, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, today announced the appointment of André J. Beaulieu, B.A., LL.B. as General Counsel.

Key Points: 
  • Reporting directly to the CEO and the Board of Directors, Beaulieu will act as the companys primary in-house counsel and will be responsible for overseeing all the companys legal activities, including ongoing M&A activities.
  • Beaulieu holds a law degree from University of British Columbia and a Bachelor of Arts degree from the University of Toronto.
  • Andre joins us at a key moment in AgriFORCEs growth, said Ingo Mueller, CEO of AgriFORCE.
  • Andres deep legal counsel experience will be instrumental as we scale the business throughout 2023 and beyond.

Karus Gold Strengthens Board Independence and Governance in Preparation for Share Listing

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Monday, January 24, 2022
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The new Board additions are independent and will strengthen governance and help deliver on the vision of building Karus into a leading BC gold explorer.

Key Points: 
  • The new Board additions are independent and will strengthen governance and help deliver on the vision of building Karus into a leading BC gold explorer.
  • Combined, the new Board has the right balance of skills and experience to make Karus into a leading BC gold explorer," stated Andrew Kaip, President & CEO of Karus Gold.
  • Karus Gold is the 100% owner of the 1,000 km2 South Caribou Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia.
  • Karus Gold is supported by strategic investor Eric Sprott; and insiders, together with the management and Board, own approximately 57% of the basic shares outstanding.

British Columbia is EV Friendly

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Monday, November 22, 2021
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BURNABY, British Columbia, Nov. 22, 2021 (GLOBE NEWSWIRE) -- The Automotive Retailers Association of British Columbia (ARA) is pleased to announce the launch of EVfriendly, an industry-led program, sponsored by the Ministry of Energy, Mines and Low Carbon Innovation, designed to cultivate a higher degree of confidence in zero-emission vehicle (ZEV) ownership.

Key Points: 
  • BURNABY, British Columbia, Nov. 22, 2021 (GLOBE NEWSWIRE) -- The Automotive Retailers Association of British Columbia (ARA) is pleased to announce the launch of EVfriendly, an industry-led program, sponsored by the Ministry of Energy, Mines and Low Carbon Innovation, designed to cultivate a higher degree of confidence in zero-emission vehicle (ZEV) ownership.
  • The original target, set a few years ago, was for all new light-duty passenger vehicle sales to be ZEVs by 2040.
  • By ensuring the availability of more qualified professionals in the industry, the EVfriendly program will support this uptake and make it easier for more British Columbians to go electric.
  • We gratefully acknowledge the financial support of the Province of British Columbia through the Ministry of Energy, Mines and Low Carbon Innovation.

BCUC Approves Interim ICBC 2021 Rate Decrease

Retrieved on: 
Friday, January 15, 2021
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VANCOUVER, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Today, by Order G- 12 -21 , the British Columbia Utilities Commission (BCUC) approved the Insurance Corporation of British Columbias (ICBC) request for a 15% decrease to Basic insurance rates on an interim basis, effective May 1, 2021.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Today, by Order G- 12 -21 , the British Columbia Utilities Commission (BCUC) approved the Insurance Corporation of British Columbias (ICBC) request for a 15% decrease to Basic insurance rates on an interim basis, effective May 1, 2021.
  • The interim rate will remain in effect until the BCUC decides on the final permanent rate.
  • The BCUC has established an open and transparent public proceeding to review ICBCs 2021 Revenue Requirements application, which includes an opportunity for public comment and participation.
  • On December 15, 2020, ICBC filed its 2021 Revenue Requirements application with the BCUC seeking approval for, among other things, a 15% decrease to Basic insurance rates.

Fraser Institute News Release: ICBC monopoly keeps auto insurance rates high  

Retrieved on: 
Thursday, October 29, 2020
Types of insurance, Insurance Corporation of British Columbia, Insurance, Vehicle insurance, Service industries, Finance, Public auto insurance, Insurance in the United States

The experience from other jurisdictions in Canada demonstrates how open competitive markets with multiple insurance providers can lower auto insurance rates for drivers, said John Chant, professor emeritus of economics at Simon Fraser University, Fraser Institute senior fellow and author of Reforming BC Auto Insurance to Benefit Consumers .

Key Points: 
  • The experience from other jurisdictions in Canada demonstrates how open competitive markets with multiple insurance providers can lower auto insurance rates for drivers, said John Chant, professor emeritus of economics at Simon Fraser University, Fraser Institute senior fellow and author of Reforming BC Auto Insurance to Benefit Consumers .
  • Currently, the Insurance Corporation of British Columbia (ICBC), a provincial Crown corporation, operates as a monopoly in the provinces basic auto insurance market.
  • And auto insurance costs in B.C.
  • government wants to help lower auto insurance rates in the province, it should create a level playing field for other providers to compete for clients and let market forces do their work, Chant said.

OCTO Telematics Powers Techpilot Project for Insurance Corporation of British Columbia

Retrieved on: 
Tuesday, February 18, 2020
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OCTO Telematics, today announced it has been selected as the exclusive telematics provider for the Insurance Corporation of British Columbias (ICBC) one-year project, Techpilot, for newly licensed drivers.

Key Points: 
  • OCTO Telematics, today announced it has been selected as the exclusive telematics provider for the Insurance Corporation of British Columbias (ICBC) one-year project, Techpilot, for newly licensed drivers.
  • For insurance, OCTO offers the market leading DriveAbility risk score and advanced connected insurance capabilities.
  • OCTOs Digital Driver insurance telematics mobile app-based solution selected by ICBC provides comprehensive data and powerful insights into driving behavior and associated risk at a competitive price point.
  • This partnership is another step towards our goal of creating a safer driving culture in British Columbia.