Close X
Monday, November 25, 2024
ADVT 
National

Taxi Industry To Benefit From Distance-based Insurance Product

06 Mar, 2020 06:19 PM

    Regulatory changes introduced on March 5, 2020, by the provincial government will direct ICBC to offer a new insurance product for the taxi industry.


    “We have been listening to the industry and to drivers, and we heard that offering a distance-based insurance product would help keep costs down for part-time drivers,” said Claire Trevena, Minister of Transportation and Infrastructure. “Our government will continue to look at ways to ensure fairness for the taxi and ride-hail industries.”


    These amendments will enable ICBC to offer a new, distance-based product to fleet and non-fleet taxis starting May 1, 2020. The insurance product will be based on the per-kilometre distance travelled, similar to ride-hailing vehicles.


    Taxi operators who are interested in this new product will be able to switch their insurance over starting May 1. Operators who wish to keep their current form of coverage will not be affected.


    The Ministry of Transportation and Infrastructure is also talking with representatives from the taxi industry and other stakeholders to determine how to ensure funds collected from the 30-cent fee charged for each trip taken in a non-wheelchair-accessible ride-hailing vehicle will help support wheelchair-accessible vehicles on the road and other accessibility options.

    MORE National ARTICLES

    Suspected Drugs, Counterfeit Cash Seized During Distracted Driving Stop: Surrey RCMP

    Suspected Drugs, Counterfeit Cash Seized During Distracted Driving Stop: Surrey RCMP
    A recent traffic stop by Surrey RCMP officers led to the seizure of drugs and counterfeit cash and the arrest of two individuals.    

    Suspected Drugs, Counterfeit Cash Seized During Distracted Driving Stop: Surrey RCMP

    WSO Rejects Allegations Of Rising Sikh Radicalism In Canada

    THE World Sikh Organization of Canada said on Friday that following up to and during Prime Minister Justin Trudeau’s visit to India, a number of media sources reported allegations of “rising Sikh radicalism in Canada”.   

    WSO Rejects Allegations Of Rising Sikh Radicalism In Canada

    Suspect To Face First-Degree Murder Charge In Death Of 13-Year-Old Quebec Girl

    Suspect To Face First-Degree Murder Charge In Death Of 13-Year-Old Quebec Girl
    ST-JEROME, Que. - A 51-year-old man will face a first-degree murder charge in connection with the violent death of a teenage girl who was found by the side of a road in Quebec's Laurentians region.    

    Suspect To Face First-Degree Murder Charge In Death Of 13-Year-Old Quebec Girl

    Ontario Confirms Seventh Coronavirus Case; Man Had Travelled To Iran

    TORONTO - Ontario now has seven confirmed cases of the novel coronavirus, with the three most recent patients all having recently travelled to Iran.    

    Ontario Confirms Seventh Coronavirus Case; Man Had Travelled To Iran

    Manitoba Pushes Ahead With Carbon Tax Court Challenge; Still Hoping For Deal

    WINNIPEG - The Manitoba government is pushing ahead with a court challenge of the federal carbon tax although Premier Brian Pallister says he'd still like to see a deal with Ottawa.    

    Manitoba Pushes Ahead With Carbon Tax Court Challenge; Still Hoping For Deal

    Lawsuit Over African Mine Can Be Heard In British Columbia: Supreme Court

    Lawsuit Over African Mine Can Be Heard In British Columbia: Supreme Court
    OTTAWA - A human-rights lawsuit against a Canadian mining company can be heard in British Columbia, even though it involves events in Africa, the Supreme Court of Canada says.

    Lawsuit Over African Mine Can Be Heard In British Columbia: Supreme Court