Year Ended March 31, 2023
Statements and Schedules of
Financial Information
Insurance Corporation of British Columbia
Statement of Financial Information Approval 1
Management’s Responsibility for the Consolidated Financial Statements 2
Independent Auditor’s Report 4
Actuary’s Report 7
Consolidated Statement of Financial Position 8
Consolidated Statement of Comprehensive Income 9
Consolidated Statement of Changes In Equity 10
Consolidated Statement of Cash Flows 11
Notes to Consolidated Financial Statements 12
Schedule of Guarantees and Indemnities 81
Schedule of Debts 82
Financial Information Reconciliation 83
Remuneration and Expenses Paid to Employees 84
Remuneration and Expenses Paid to Members of the Board of Directors 110
Amounts Paid to Suppliers for Goods and Services 112
Plaintiff Firm Payments 154
Table of Contents
Statements and Schedules of Financial Information 2022/23
1
Statement of Financial Information Approval
The undersigned represents the Board of Directors of the Insurance Corporation of British Columbia
and approves the information contained in the Statements and Schedules of Financial Information
prepared in accordance with the Financial Information Act and including voluntary disclosure of other
nancial information.
Catherine Holt
Chair of the Board of Directors
September 26, 2023
Insurance Corporation of British Columbia
2
Management’s Responsibility for the Consolidated Financial Statements
Scope of Responsibility
Management prepares the accompanying consolidated nancial statements and related information
and is responsible for their integrity and objectivity. The statements are prepared in conformity with
International Financial Reporting Standards (IFRS). These consolidated nancial statements include
amounts that are based on management’s estimates and judgments, particularly our provision for
unpaid claims. We believe that these statements present fairly ICBC’s nancial position, results of
operations and cash ows, and that the other information contained in the annual report is consistent
with the consolidated nancial statements.
Internal Controls
We maintain and rely on a system of internal accounting controls designed to provide reasonable
assurance that assets are safeguarded and transactions are properly authorized and recorded. The
system includes written policies and procedures, an organizational structure that segregates duties,
and a comprehensive program of periodic audits by the internal auditors, who independently review
and evaluate these controls. There is a quarterly risk assessment process, the results of which
inuence the development of the internal audit program. We continually monitor these internal
accounting controls, modifying and improving them as business conditions and operations change.
Policies that require employees to maintain the highest ethical standards have also been instituted.
We recognize the inherent limitations in all control systems and believe our systems provide an
appropriate balance between costs and benets desired. We believe our systems of internal accounting
controls provide reasonable assurance that errors or irregularities that would be material to the
consolidated nancial statements are prevented or detected in the normal course of business.
Board of Directors and Audit Committee
The Audit Committee, composed of members of the Board of Directors, oversees management’s
discharge of its nancial reporting responsibilities. The Audit Committee recommends for approval to
the Board of Directors the appointment of the external auditor and the appointed actuary. The Audit
Committee meets no less than quarterly with management, our internal auditors and representatives
of our external auditor to discuss auditing, nancial reporting and internal control matters. The Audit
Committee receives regular reports on the internal audit results and evaluation of internal control
systems and it reviews and approves major accounting policies including alternatives and potential
key management estimates or judgments. Both internal and external auditors and the appointed
actuary have access to the Audit Committee without management’s presence. The Audit Committee
has reviewed these consolidated nancial statements prior to recommending approval by the Board of
Directors. The Board of Directors has reviewed and approved the consolidated nancial statements.
Independent Auditor and Actuary
Our independent auditor, PricewaterhouseCoopers LLP, has audited the consolidated nancial
statements. Their audit was conducted in accordance with Canadian generally accepted auditing
standards, which includes the consideration of our internal controls to the extent necessary to form an
independent opinion on the consolidated nancial statements prepared by management.
Statements and Schedules of Financial Information 2022/23
3
William T. Weiland of Eckler Ltd. is engaged as the appointed actuary and is responsible for carrying
out an annual valuation of ICBC’s policy liabilities, which include a provision for claims and claims
expenses, unearned premiums and deferred premium acquisition costs. The valuation is carried out in
accordance with accepted actuarial practice in Canada and regulatory requirements. In performing the
evaluation, the appointed actuary makes assumptions as to the future rates of claims, frequency and
severity, ination, reinsurance recoveries and expenses, taking into consideration the circumstances of
ICBC and the insurance policies in force. The appointed actuary, in his verication of the underlying
data used in the valuation, also makes use of the work of the external auditor.
Mr. Weiland meets every year with PricewaterhouseCoopers’ valuation actuaries and ICBC’s
management to discuss business developments, changes in claims processing and claims trends.
These discussions assist the independent parties in developing expectations around and assessing
management’s estimate of the claims provision.
David Wong Philip Leong
President and Chief Executive Ofcer Chief Financial Ofcer
June 19, 2023 June 19, 2023
Insurance Corporation of British Columbia
4
Independent Auditor’s Report
To the Minister Responsible for Insurance Corporation of British Columbia and the Board of Directors
of Insurance Corporation of British Columbia
Our opinion
In our opinion, the accompanying consolidated nancial statements present fairly, in all material
respects, the nancial position of Insurance Corporation of British Columbia and its subsidiaries
(together, the Corporation) as at March 31, 2023 and its nancial performance and its cash ows for
the year then ended in accordance with International Financial Reporting Standards (IFRS).
What we have audited
The Corporation’s consolidated nancial statements comprise:
• the consolidated statement of nancial position as at March 31, 2023;
• the consolidated statement of comprehensive income for the year then ended;
• the consolidated statement of changes in equity for the year then ended;
• the consolidated statement of cash ows for the year then ended; and
• the notes to the consolidated nancial statements, which include signicant accounting policies and
other explanatory information.
Basis for opinion
We conducted our audit in accordance with Canadian generally accepted auditing standards. Our
responsibilities under those standards are further described in the Auditor’s responsibilities for the audit
of the consolidated nancial statements section of our report.
We believe that the audit evidence we have obtained is sufcient and appropriate to provide a basis for
our opinion.
Independence
We are independent of the Corporation in accordance with the ethical requirements that are relevant
to our audit of the consolidated nancial statements in Canada. We have fullled our other ethical
responsibilities in accordance with these requirements.
Other information
Management is responsible for the other information. The other information obtained prior to the date
of this auditor’s report comprises the Annual Service Plan Report.
Our opinion on the consolidated nancial statements does not cover the other information and we do
not express any form of assurance conclusion thereon.
In connection with our audit of the consolidated nancial statements, our responsibility is to read the
other information and, in doing so, consider whether the other information is materially inconsistent
with the consolidated nancial statements or our knowledge obtained in the audit, or otherwise appears
to be materially misstated.
Statements and Schedules of Financial Information 2022/23
5
If, based on the work we have performed on the other information obtained prior to the date of this
auditor’s report, we conclude that there is a material misstatement of this other information, we are
required to report that fact. We have nothing to report in this regard.
Responsibilities of management and those charged with governance for the consolidated
nancial statements
Management is responsible for the preparation and fair presentation of the consolidated nancial
statements in accordance with IFRS, and for such internal control as management determines is
necessary to enable the preparation of consolidated nancial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the consolidated nancial statements, management is responsible for assessing the
Corporation’s ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless management either intends to liquidate
the Corporation or to cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing the Corporation’s nancial reporting
process.
Auditor’s responsibilities for the audit of the consolidated nancial statements
Our objectives are to obtain reasonable assurance about whether the consolidated nancial statements
as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee
that an audit conducted in accordance with Canadian generally accepted auditing standards will always
detect a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to inuence
the economic decisions of users taken on the basis of these consolidated nancial statements.
As part of an audit in accordance with Canadian generally accepted auditing standards, we exercise
professional judgment and maintain professional skepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the consolidated nancial statements, whether
due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufcient and appropriate to provide a basis for our opinion. The risk of not detecting
a material misstatement resulting from fraud is higher than for one resulting from error, as fraud
may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal
control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Corporation’s internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by management.
• Conclude on the appropriateness of management’s use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to events
or conditions that may cast signicant doubt on the Corporation’s ability to continue as a going
Insurance Corporation of British Columbia
6
concern. If we conclude that a material uncertainty exists, we are required to draw attention
in our auditor’s report to the related disclosures in the consolidated nancial statements or, if
such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor’s report. However, future events or conditions
may cause the Corporation to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the consolidated nancial statements,
including the disclosures, and whether the consolidated nancial statements represent the
underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufcient appropriate audit evidence regarding the nancial information of the entities
or business activities within the Corporation to express an opinion on the consolidated nancial
statements. We are responsible for the direction, supervision and performance of the group audit.
We remain solely responsible for our audit opinion.
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and signicant audit ndings, including any signicant deciencies in
internal control that we identify during our audit.
Chartered Professional Accountants
Vancouver, British Columbia
June 19, 2023
Statements and Schedules of Financial Information 2022/23
7
Actuary’s Report
I have valued the policy liabilities, including reinsurance recoverables, in the consolidated statement
of nancial position of the Insurance Corporation of British Columbia as at March 31, 2023 and their
changes in its consolidated statement of comprehensive income for the year then ended in accordance
with accepted actuarial practice in Canada, including selection of appropriate assumptions and
methods.
In my opinion, the amount of the policy liabilities, including reinsurance recoverables, makes
appropriate provision for all policy obligations, and the consolidated nancial statements fairly
present the results of the valuation.
William T. Weiland
Fellow, Canadian Institute of Actuaries
Eckler Ltd.
Vancouver, British Columbia
June 19, 2023
Insurance Corporation of British Columbia
8
Insurance Corporation of British Columbia
9/81
Consolidated Statement of Financial Position
The accompanying notes are an integral part of these consolidated financial statements.
Approved by the Board
Catherine Holt Len Boggio
Chair of the Board of Directors Director
($ T HOUSANDS)
March 31
2023
March 31
2022
Assets
Cash and cash equivalents (note 7) 25,957$ 29,654$
Accrued interest 46,717 40,024
Assets held for sale (note 6) 41,274 208,420
Financial investments (note 6) 19,159,787 20,001,745
Derivative financial instruments (note 7) - 24,019
Premiums and other receivables (note 10) 1,649,055 2,066,674
Reinsurance assets (note 10) 34,688 43,596
Investment properties (note 6) 305,791 255,044
Property and equipment (note 12) 107,511 110,586
Intangible assets (note 14) 204,197 252,167
Lease assets (note 13) 54,763 56,206
Accrued pension benefits (note 18) 202,685 245,213
Deferred premium acquisition costs and prepaids (note 20) 353,977 330,856
22,186,402$ 23,664,204$
Liabilities and Equity
Liabilities
Cheques outstanding (note 7) 215,237$ 130,762$
Accounts payable and accrued charges 338,649 305,881
Provision for premium rebates/refunds (note 7) - 396,000
Derivative financial instruments (note 7) 46,702 1,395
Net bond repurchase agreements, investment-related, and other liabilities (note 8) 1,930,036 2,669,037
Premiums and fees received in advance 66,006 58,914
Unearned premiums (note 16) 2,581,738 2,443,055
Lease liabilities (note 9) 52,313 53,670
Pension and post-retirement benefits (note 18) 163,161 186,181
Provision for unpaid claims (note 15) 13,033,375 13,704,154
18,427,217 19,949,049
Equ i t y
Retained earnings 3,150,264 3,347,398
Other components of equity 602,713 361,003
Equity attributable to owner of the corporation 3,752,977 3,708,401
Non-controlling interest 6,208 6,754
3,759,185 3,715,155
22,186,402$ 23,664,204$
Statements and Schedules of Financial Information 2022/23
9
Insurance Corporation of British Columbia
10/81
Consolidated Statement of Comprehensive Income
The accompanying notes are an integral part of these consolidated financial statements.
($ T HOUSANDS)
For the year ended
March 31
2023
For the year ended
March 31
2022
Premiums written
Premium revenue – vehicle 5,417,970$ 5,208,692$
Premiums ceded to reinsurers – vehicle (14,046) (12,909)
Net premium revenue – vehicle before premium rebat es/refunds 5,403,924 5,195,783
Premium revenue – vehicle premium rebates/refunds (note 7) - (396,000)
Net premium revenue – vehicle 5,403,924 4,799,783
Premium revenue – driver 24,930 30,327
5,428,854$ 4,830,110$
Revenues
Premiums earned
Premium revenue – vehicle 5,276,557$ 5,162,644$
Premiums ceded to reinsurers – vehicle (14,046) (12,909)
Net premium revenue – vehicle before premium rebat es/refund 5,262,511 5,149,735
Premium revenue – vehicle premium rebates/refunds (note 7) - (396,000)
Net premium revenue - vehicle 5,262,511 4,753,735
Premium revenue – driver 27,660 29,978
5,290,171 4,783,713
Service fees and other insurance income 135,048 120,059
Total revenues 5,425,219 4,903,772
Claims and operating expenses
Provision for claims incurred in the current year (note 15) 3,701,763 2,922,081
Change in estimates for losses incurred in prior years (note 15) 419,044 (429,937)
Net claims incurred (note 15) 4,120,807 2,492,144
Claims services (note 19) 431,813 448,885
Road safety and loss management services (note 19) 49,470 55,304
4,602,090 2,996,333
Operating expenses – insurance (note 19) 300,203 302,425
Premium taxes and commissions – insurance (notes 19 and 20) 629,476 654,393
5,531,769 3,953,151
Underwriting (loss) income (106,550) 950,621
Investment income (note 11) 400,674 1,424,225
Income – insurance operations 294,124 2,374,846
Non-insurance operations
Provincial licences and fines revenue (note 21) 653,810 652,331
Licences and fines transferable to the Province of B.C. (note 21) 653,810 652,331
Operating expenses – non-insurance (note 19) 134,551 124,500
Commissions – non-insurance (notes 19 and 20) 36,869 36,497
Other income – non-insurance (9,482) (8,955)
815,748 804,373
Loss – non-insurance operations (161,938) (152,042)
Net income before impairment loss 132,186 2,222,804
Impairment loss (note 11) (326,931) (6,195)
Net (loss) income (194,745)$ 2,216,609$
O ther comprehensi ve i ncome
Items that will not be reclassified to net income
Pension and post-retirement benefits remeasurements (note 18) 2,809$ 485,030$
Items that will be reclassified to net income
Net change in available for sale financial assets 238,901 (853,528)
241,710 (368,498)
Total comprehensive income 46,965$ 1,848,111$
Net (loss) income attributable to:
Non-controlling interest 2,389$ 145$
Owner of the corporation (197,134) 2,216,464
(194,745)$ 2,216,609$
Total comprehensive income attributable to:
Non-controlling interest 2,389$ 145$
Owner of the corporation 44,576 1,847,966
46,965$ 1,848,111$
Insurance Corporation of British Columbia
10
Insurance Corporation of British Columbia
11/81
Consolidated Statement of Changes in Equity
The accompanying notes are an integral part of these consolidated financial statements.
($ T HOUSANDS)
Retained
Earnings
Net change in
available for
sale financial
asset s
Pension and post-
retirement
benefits
remeasurements
Total O ther
Components
of Equity
Total
attributable to
owner of the
corporation
Non -
Controlling
Interest
Total Equity
Balance, beginning of year 3,347,398$ (133,372)$ 494,375$ 361,003$ 3,708,401$ 6,754$ 3,715,155$
Contributions 622 622
Disposition of subsidiary with non-controlling interest (3,557) (3,557)
Comprehensive income
Net (loss) income (197,134) - - - (197,134) 2,389 (194,745)
Other comprehensive income
Net losses reclassified to investment income - 242,769 - 242,769 242,769 - 242,769
Net losss arising on available for sale financial assets in the year - (3,868) - (3,868) (3,868) - (3,868)
Pension and post-retirement benefits remeasurements (note 18) - - 2,809 2,809 2,809 - 2,809
Total other comprehensive income - 238,901 2,809 241,710 241,710 - 241,710
Total comprehensive income (loss) (197,134) 238,901 2,809 241,710 44,576 2,389 46,965
Balance, end of year 3,150,264$ 105,529$ 497,184$ 602,713$ 3,752,977$ 6,208$ 3,759,185$
($ T HOUSANDS)
Retained
Earnings
Net change in
available for
sale financial
asset s
Pension and post-
retirement
benefits
remeasurements
Total O ther
Components
of Equity
Total
attributable to
owner of the
corporation
Non -
Controlling
Interest
Total Equity
Balance, beginning of year 1,130,934$ 720,156$ 9,345$ 729,501$ 1,860,435$ 7,044$ 1,867,479$
Contributions 6 6
Disposition of subsidiary with non-controlling interest (441) (441)
Comprehensive income (loss)
Net income 2,216,464 - - - 2,216,464 145 2,216,609
Other comprehensive income
Net gains reclassified to investment income - (352,299) - (352,299) (352,299) - (352,299)
Net losses arising on available for sale financial assets in the year - (501,229) - (501,229) (501,229) - (501,229)
Pension and post-retirement benefits remeasurements (note 18) - - 485,030 485,030 485,030 - 485,030
Total other comprehensive (loss) income - (853,528) 485,030 (368,498) (368,498) - (368,498)
Total comprehensive income (loss) 2,216,464 (853,528) 485,030 (368,498) 1,847,966 145 1,848,111
Balance, end of year 3,347,398$ (133,372)$ 494,375$ 361,003$ 3,708,401$ 6,754$ 3,715,155$
For the year ended March 31, 2023
Other Components of Equity
For the year ended March 31, 2022
Other Components of Equity
Statements and Schedules of Financial Information 2022/23
11
Insurance Corporation of British Columbia
12/81
Consolidated Statement of Cash Flows
The accompanying notes are an integral part of these consolidated financial statements.
($ T HOUSANDS)
For the year ended
March 31
2023
For the year ended
March 31
2022
Cash flow from (used in) operating activities
Net (loss) income (194,745)$ 2,216,609$
Items not requiring the use of cash (note 25) 646,624 (179,264)
Changes in non-cash working capital (note 25) (1,050,088) (2,587,272)
Cash flow (used in) operating activities (598,209) (549,927)
Cash flow from (used in) investing activities
Purchase of financial investments and investment properties (23,993,057) (27,862,208)
Proceeds from sales of financial investments and investment properties 24,671,593 28,163,702
Purchase of property, equipment and intangibles, net (16,982) (48,996)
Cash flow from investing activities 661,554 252,498
Cash flow from (used in) financing activities
Net securities sold under repurchase agreements (note 25) (136,037) 257,708
Principal payments on lease liabilities (note 25) (15,480) (14,800)
Cash flow (used in) from financing activities (151,517) 242,908
Decrease in cash and cash equivalents during the year (88,172) (54,521)
Cash and cash equivalents, beginning of year (101,108) (46,587)
Cash and cash equivalents, end of year (189,280)$ (101,108)$
Represented by:
Cash and cash equivalents (note 7) 25,957$ 29,654$
Cheques outstanding (note 7) (215,237) (130,762)
Cash and cash equivalents, net (189,280)$ (101,108)$
Supplemental information
Interest and dividends received 685,059$ 1,106,393$
Insurance Corporation of British Columbia
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Notes to Consolidated Financial Statements
For the year ended March 31, 2023
1. Corporate Information
The Insurance Corporation of British Columbia (the Corporation or ICBC) is a wholly-owned
Crown corporation of the Province of British Columbia (B.C.), not subject to income taxes under
the Income Tax Act (Canada), incorporated in 1973 and continued under the Insurance
Corporation Act (ICA), R.S.B.C. 1996 Chapter 228. The head office of the Corporation is
151 West Esplanade, North Vancouver, British Columbia. The Corporation operates and
administers plans of universal compulsory vehicle insurance (Basic) and optional vehicle
insurance (Optional) as set out under the Insurance (Vehicle) Act, and is also responsible for
non-insurance services under the Insurance Corporation Act and the Motor Vehicle Act. Non-
insurance services include driver licensing, vehicle registration and licensing, violation ticket
administration and government fines collection. The Corporation is subject to regulation by the
British Columbia Utilities Commission (BCUC) with respect to Basic insurance rates and services
(note 24).
Prior to May 1, 2021, Basic insurance included the following coverages: $200,000 third party
liability protection (higher for some commercial vehicles), access to accident benefits including a
maximum of $300,000 (note 3g) for medical and rehabilitation expenses and up to $740 per week
for wage loss (note 3g), $1,000,000 underinsured motorist protection, inverse liability protection,
and also protection against uninsured and unidentified motorists within and outside the Province
of B.C.
As of May 1, 2021, the Corporation implemented a new care-based (Enhanced Care) insurance
model and Basic insurance includes the following coverages: access to enhanced accident benefits
providing care and recovery benefits with no overall limit, up to $200,000 of basic vehicle damage
coverage (BVDC), $200,000 in third party liability protection, inverse liability protection, and
$1,000,000 underinsured motorist protection. Under the new insurance model, coverage for hit
and run claims for vehicle damage is no longer being provided under Basic insurance, uninsured
coverage no longer applies with respect to vehicle damage although BVDC will usually apply, and
individuals are generally precluded from suing both with respect to bodily injuries covered by
enhanced accident benefits and for vehicle damage in circumstances where BVDC may apply.
The Corporation also offers Optional insurance in a competitive environment, which includes, but
is not limited to, the following coverages: extended third party liability, comprehensive, collision,
loss of use, hit and run, and income top-up.
The Corporation’s Basic and Optional insurance products are distributed by approximately 900
independent brokers located throughout the Province of B.C. The Corporation has the power and
capacity to act as an insurer and reinsurer in all classes of insurance; however, the Corporation
currently only acts as a vehicle insurer.
On June 8, 2023, the Corporation’s Board of Directors authorized these consolidated financial
statements for issue.
Statements and Schedules of Financial Information 2022/23
13
Insurance Corporation of British Columbia
14/81
2. Summary of Significant Accounting Policies
The significant accounting policies applied in preparation of these consolidated financial
statements are set out below. They have been prepared under the historical cost convention, as
modified by the revaluation of certain financial assets at fair value.
a) Basis of reporting
The consolidated financial statements of the Corporation have been prepared in accordance with
the IFRS as issued by the International Accounting Standards Board (IASB) and required by the
Budget Transparency and Accountability Act. The consolidated financial statements include the
accounts of the Corporation and its subsidiary companies. The Corporation’s reporting currency
and functional currency for all of its operations is the Canadian dollar, unless otherwise stated.
The Corporation reports revenues and expenses attributable to Basic insurance separately from the
other operations of the Corporation (note 24). The Corporation presents investment income and
investment impairment loss separately from underwriting results as this reflects how the business
operations are managed and provides more relevant, reliable, comparable and understandable
information of these consolidated financial statements. The Corporation also provides a number
of non-insurance services on behalf of the Province of B.C. The costs associated with these non-
insurance activities are borne by the Corporation. The amounts collected and remitted as well as
the related costs are accounted for and presented separately in the consolidated statement of
comprehensive income under non-insurance operations for greater transparency (note 21).
The preparation of consolidated financial statements in conformity with IFRS requires the use of
certain critical accounting estimates. It also requires management to exercise its judgment in the
process of applying the Corporation’s accounting policies. The estimates and assumptions that
have a significant risk of causing a material adjustment to the carrying amounts of assets and
liabilities within the next financial year are disclosed in note 3.
b) Basis of consolidation
Control
The Corporation consolidates the financial statements of all subsidiary companies. Control is
achieved when the Corporation is exposed to, or has rights to,
variable returns from the entity
and has the ability to use its power to affect the amount of the returns. Entities are fully
consolidated from the date on which control is transferred to the Corporation. All but one of
the Corporation’s investment properties (note 6b) are held individually in nominee holding
companies. The Corporation also invests in financial investments (note 6a) through a number
of investment entities, some of which are wholly-owned and therefore consolidated. The
Corporation does not have any active operating subsidiary companies. All inter-company
transactions and balances are eliminated.
Non-controlling interest (NCI), presented as part of equity, represents the portion of a
subsidiary’s profit or loss and net assets that are not attributable to the Corporation. The
Corporation attributes total comprehensive income or loss of entities between the parent and
the NCI based on their respective ownership interests.
Insurance Corporation of British Columbia
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When the Corporation loses control over an entity, it derecognizes the assets and liabilities of
the entity, and any related NCI and other components of equity. Any resulting gain or loss is
recognized in profit or loss. Any interest retained in the entity is measured at fair value when
control is lost.
Significant influence
Associates are entities over which the Corporation has significant influence, which means it
has the power to participate in the financial and operating decisions of the investee but does
not have control or joint control over the financial or operating policies. Associates generally
involve a shareholding of 20% to 50% of the voting rights.
In some cases, voting rights in themselves are not sufficient to assess power or significant
influence over the relevant activities of the investee. In such cases, judgment is applied through
the analysis of management agreements, the effectiveness of voting rights, the significance of
the benefits to which the Corporation is exposed and the degree to which the Corporation can
use its power or significant influence to affect its returns from investees.
Associates are accounted for using the equity method. The Corporation has determined that it
does not have significant influence in any investments in which the Corporation has 20% or
more holdings (note 3b) and accounts for these investments as available for sale.
Joint operation
The Corporation classifies joint arrangement investments based on the Corporation’s
contractual rights and obligations, rather than the legal structure of the joint arrangement. The
Corporation owns a 50% share of each of its three joint operations, one of which is with a
Limited Partner. The joint operations are all investment properties in Canada.
The Corporation recognises its direct right to the assets, liabilities, revenues and expenses of
the joint operations and its share of assets, liabilities, revenues and expenses.
c) Service fees
Service fees on the Corporation’s payment plan are recognized monthly over the term of the
policy. For six or twelve month term Autoplan policies, the Corporation’s payment plan enables
customers to make monthly or quarterly payments. The related interest bearing receivables are
carried at amortized cost as determined using the effective interest method.
d) Insurance contracts
The Corporation issues insurance contracts, which result in contingent payments of benefits
subject to the occurrence of an insured event. The Corporation accounts for insurance contracts
as follows:
Premiums earned
The Corporation recognizes vehicle insurance premiums on a straight-line basis over the term
of each vehicle policy written. Driver premiums are earned over the term of the policy.
Statements and Schedules of Financial Information 2022/23
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Insurance Corporation of British Columbia
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Unearned premiums are the portion of premiums relating to the unexpired term, net of any
premium refunds.
Deferred premium acquisition costs
To the extent premium acquisition costs of commissions and premium taxes are recoverable
from unearned premiums, they are deferred and amortized to income over the term of the
related policies. An actuarial evaluation is performed to determine the amount allowable for
deferral. The method followed in determining the deferred costs limits the amount of the
deferral to the amount recoverable from unearned premiums, after giving consideration to the
investment income, claims costs, and adjustment expenses expected to be incurred as the
premiums are earned. A premium deficiency exists when future claims and related expenses
are expected to exceed unearned premiums. When this occurs, the premium deficiency is
recognized as a liability and any deferred premium acquisition costs are written down.
Provision for unpaid claims
The provision for unpaid claims represents the estimated amounts required to settle all unpaid
claims. It includes amounts for claims that are incurred but not reported plus development on
known case reserves and loss adjustment expenses, and is gross of recoveries from reinsurance.
The provision for unpaid claims also includes an estimate of direct expenses to be incurred in
settling claims net of the expected salvage and subrogation recoveries. It is carried on a
discounted basis and therefore reflects the time value of money. To recognize the uncertainty
in establishing best estimates, the Corporation includes a provision for adverse deviations
(PfAD).
Reinsurance
Reinsurance balances are presented separately on the consolidated statement of financial
position and on the consolidated statement of comprehensive income.
Reinsurance assets, including both reinsurance recoverable on unpaid claims and reinsurance
receivable on paid claims, are shown on the consolidated statement of financial position. A
PfAD is included in the discounted amount recoverable from reinsurers. The PfAD is applied
on a consistent basis with the underlying provision for unpaid claims and includes a
reinsurance recovery portion that reflects considerations relating to potential collectability
issues with reinsurers.
e) Cash and cash equivalents
Cash and cash equivalents are short-term, liquid investments that are subject to insignificant
changes in fair value, including cash on hand, deposits with financial institutions that can be
withdrawn without prior notice or penalty, and directly held money market securities with a term
less than 90 days from the date of acquisition.
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f) Assets held for sale
Non-current assets that are expected to be recovered primarily through sale rather than through
continuing use, and the sale is considered to be highly probable, are classified as held for sale.
The Corporation classifies an asset as held for sale when the following conditions are met:
Management is committed to a plan to sell;
The asset is available for immediate sale;
An active programme to locate a buyer is initiated;
The sale is highly probable, within 12 months of classification for sale;
The asset is being actively marketed for sale at a reasonable purchase price; and
Actions required to complete the plan indicate that it is unlikely the plan will significantly
change or be withdrawn.
Immediately before classification as held for sale, the assets are remeasured at cost less
accumulated depreciation and impairment losses. Thereafter, the assets are measured at the lower
of their carrying amount and fair value less costs to sell. Impairment losses on initial classification
as held for sale, and subsequent gains and losses on remeasurement, are recognized in profit or
loss; these gains are not recognized in excess of any cumulative impairment loss. Once classified
as held for sale, non-current assets are no longer amortized or depreciated (note 6).
g) Financial assets
The Corporation categorizes its financial instruments as fair value through profit or loss (FVTPL),
loans and receivables (Loans) or available for sale (AFS) depending on the purpose for which the
financial assets were acquired. Monetary assets are assets that are to be received in a fixed or
determinable number of units of currency. Monetary financial assets include fixed-income
investments except mortgage funds and bond funds. Non-monetary financial assets include
mortgage funds, bond funds, equities, and other financial investments.
Purchases and sales of financial assets are recognized on trade date, which is the date on which
the Corporation commits to purchase or sell the asset. Financial assets are derecognized when the
rights to receive cash flows from the financial assets have expired or have been transferred along
with substantially all the risks and rewards of ownership.
The Corporation’s financial assets are accounted for based on their classification as follows:
Fair value through profit or loss
A financial asset is ‘classified’ as FVTPL if it is acquired or originated principally for the
purpose of selling in the short-term. A financial asset can be ‘designated’ in this category if
doing so results in more relevant information.
FVTPL financial assets are recorded at fair value on initial recognition and for subsequent
measurement. Transaction costs and changes in the fair value are recognized in investment
income on the consolidated statement of comprehensive income.
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Loans and receivables
Loans are non-derivative financial assets with fixed or determinable payments that are not
quoted in an active market. The Corporation has classified its directly held mortgages,
mortgage bond, premiums and other receivables as Loans.
Loans are recorded at fair value on initial recognition and subsequently measured at amortized
cost using the effective interest rate method. Transaction costs are included in the initial
carrying amount of the assets in addition to the fair value. Impairment losses on loans are
recognized in investment income on the consolidated statement of comprehensive income.
Available for sale
Non-derivative financial assets that are not Loans or classified as FVTPL are accounted for as
AFS. AFS assets include the bond portfolio, bond funds, mortgage funds, money market
securities, other financial investments and equity portfolios except for one global mezzanine
pooled fund, which is designated as FVTPL.
AFS financial assets are recorded at fair value on initial recognition and for subsequent
measurement. Transaction costs are included in the initial carrying amount of the assets in
addition to the fair value.
Changes in the fair value, other than due to foreign exchange, of an AFS financial asset are
recorded in other comprehensive income (OCI), until the financial asset is disposed of or
becomes impaired, at which time the gain or loss will be recognized in investment income or
impairment loss. Changes in the fair value due to foreign exchange on a non-monetary AFS
financial asset are recorded in OCI. Changes in fair value due to foreign exchange on a
monetary AFS financial asset are recorded in investment income. Interest calculated using the
effective interest method is accrued daily and recognized in investment income. Dividends are
recognized in investment income when the right to receive payments is established on the ex-
dividend date.
h) Translation of foreign currencies
Foreign currency transactions are translated at exchange rates at the date of the sale or purchase.
Monetary assets and liabilities denominated in foreign currencies are translated at exchange rates
in effect at the year-end date. Foreign exchange gains and losses resulting from the settlement of
such transactions and from the translation of monetary assets and liabilities at year-end are
recognized in investment income.
Translation differences on non-monetary AFS financial assets, such as equity securities and other
financial investments, are recognized as part of the change in fair value in OCI until the security
is disposed of or impairment is recorded. Translation differences on monetary AFS financial
assets and non-monetary financial assets classified or designated as FVTPL are recorded in
investment income.
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i) Fair value of financial assets
In accordance with IFRS 13 Fair Value Measurement, the Corporation defines fair value as the
price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. Fair value measurement is classified as
Level 1, 2 or 3, based on the degree to which inputs to the fair value measurement are observable:
Level 1 inputs to the valuation methodology are quoted prices (unadjusted) in active
markets for identical assets or liabilities.
Level 2 inputs to the valuation methodology include inputs other than quoted prices
included within Level 1 that are observable for the asset or liability, either directly or
indirectly.
Level 3 inputs to the valuation methodology are not based on observable market data.
An asset’s or liability’s classification within the fair value hierarchy is based on the lowest level
of significant input to its valuation.
Specific valuation techniques used to determine the fair value of financial instruments include:
For AFS and FVTPL – the use of quoted prices where available, other observable market
information, where available or valuation models and techniques that are based on non-
observable market data.
For Loans – the yield curve of Government of Canada bonds to the corresponding maturity
dates of the underlying mortgages, plus an estimated risk premium. The risk premium is
determined by factors such as the location of the property, tenant profile, and degree of
leverage of the property.
These valuations are reviewed at each reporting date by management.
j) Derivative financial instruments
The Corporation uses derivative financial instruments such as foreign currency forward contracts
and foreign exchange swaps to manage foreign exchange risks and interest rate swaps to manage
interest rate risks (note 7).
Derivative financial instruments are measured on the consolidated statement of financial position
at fair value and are accounted for at FVTPL with all changes in fair value recorded immediately
in investment income on the consolidated statement of comprehensive income. The Corporation
does not apply hedge accounting.
k) Investment properties
Properties held for rental income or capital appreciation that are not occupied by the Corporation
are classified as investment properties.
The estimated fair value of the Corporation’s investment properties is based on independent
appraisals by professionally qualified external valuators made during the year or using the income
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approach to estimate fair value through the direct capitalization method and/or the discounted
cash flow analysis as determined by an external investment manager.
The Corporation has certain properties that serve dual purposes: investment and own-use. If the
investment and own-use portions can be sold separately, or leased out separately under a finance
lease, the portions are accounted for separately. If the portions cannot be sold separately, the
property is accounted for as an investment property only if an insignificant portion is held for
own use in the supply of services or for administrative purposes. Where the portion held for own-
use is significant, then the property is treated as property and equipment. The Corporation has
two properties that serve a dual purpose and are classified as investment properties.
Investment properties are initially recognized at the fair value of the purchase consideration plus
directly attributable costs. Subsequent to initial recognition, the investment properties are carried
at cost, less accumulated depreciation, for the building portion, and impairment, if any.
Depreciation is provided on a straight-line basis at 2.5% to 5.0% of initial carrying value annually
over the investment properties’ useful life.
l) Investment-related liabilities
Investment-related liabilities include mortgage debt associated with investment properties
(note 2k) and are initially recognized at fair value, net of transaction costs incurred, and
subsequently measured at amortized cost.
m) Net bond repurchase agreements
The Corporation participates in the sale and repurchase of Government of Canada and Provincial
bonds, which are sold and simultaneously agreed to be repurchased at a future date. These sale
and repurchase arrangements are accounted for as financial liabilities and are initially recognized
at fair value and subsequently measured at amortized cost. The interest rate at the time of the sale
is the cost of borrowing the funds and is recognized as interest expense.
The Corporation also participates in the purchase and sale of Government of Canada and
Provincial bonds, which are purchased and simultaneously agreed to be resold, to the same
counterparty, at a future date with the market repurchase rate determining the forward contract
price. These agreements are initially recognized at fair value and subsequently measured using
effective interest method. These reverse repurchase arrangements have an offsetting effect to
enhance performance by reducing interest expenses on the repurchase agreements and by
economically hedging the interest rate, counterparty and collateral risks.
Assets transferred under repurchase or reverse repurchase agreements are not derecognized or
recognized as substantially all the risks and rewards of ownership are retained by the Corporation
or the counterparty in the case of the reverse repurchase agreements. The Corporation records a
liability equal to the consideration received in repurchase agreements and offsets the liability
equal to the purchase price in reverse repurchase agreements.
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n) Accounts payable and accrued charges
Accounts payable and accrued charges are obligations to pay for goods and services that have
been acquired in the ordinary course of business from suppliers. Accounts payable and accruals
are measured at amortized cost.
o) Provisions
Provisions are recognized when the Corporation has a present legal or constructive obligation as
a result of past events, and it is probable that an outflow of resources will be required to settle the
obligation and the amount can be reliably estimated. These provisions are included in the accounts
payable and accrued charges and provision for premium rebates/refunds as presented on the
consolidated statement of financial position. Future operating losses are not recognized.
Where the provision amounts are due more than 12 months after the reporting date, they are
measured at the present value of the expenditures expected to settle the obligation using a discount
rate that reflects current market assessments of the time value of money and the risks specific to
the obligation.
p) Pension and post-retirement benefits
The amounts recognized in net income (loss) in respect of defined benefit pension plans and post-
retirement benefits are as follows:
The Corporation’s portion of the current service costs;
Non-investment costs;
Interest costs;
Past service costs; and
Impact of any curtailment or settlements during the year.
The current service cost is equal to the present value of benefits earned by members during the
reporting year.
The non-investment costs are equal to expenses paid from the plans in the reporting year relating
to the administration of the plans.
The interest costs are calculated using the discount rate at the beginning of the reporting year and
applied to the net liability at the beginning of the reporting year.
Past service costs arise from plan amendments that increase or decrease the obligation. Past service
costs are recognized immediately in net income (loss).
The changes in the defined benefit obligation and the changes in the fair value of plan assets that
result from a curtailment or settlement of plan liabilities during the reporting year are recognized
in net income (loss).
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A plan’s surplus is equal to the excess, if any, of the plan’s assets over its obligations. For plans in
surplus, an asset is recognized on the consolidated statement of financial position to the extent that
the Corporation can realize an economic benefit, in the form of a refund or a reduction in future
contributions, at some point during the life of the plan or when the plan liabilities are settled. For
plans in deficit, the resulting net liability is recognized on the consolidated statement of financial
position.
The value recognized on the consolidated statement of financial position for each defined benefit
pension plan and for post-retirement benefits is calculated at the end of the reporting year as
follows:
The defined benefit obligation of the plan;
Less the fair value of the plan assets out of which the obligations are to be settled
directly; and
Adjusted for the net change of any surplus derecognized.
The Corporation recognizes all actuarial remeasurements (i.e., gains or losses) in the reporting
year in which they arise, through OCI on the consolidated statement of comprehensive income.
Certain current and former employees of the Corporation who were formerly employed in the
Motor Vehicle Branch are members of a separate plan, the BC Public Service Pension Plan. This
is a multi-employer defined benefit plan for which the Corporation applies defined contribution
accounting. Since the BC Public Service Pension Plan pools risks amongst the current and former
members of many employers, there is no consistent or reliable basis for allocating the
Corporation’s portion of the obligation, assets, and costs. As a result, the Corporation expenses the
contributions made. Contributions are subject to change in the future, depending on the funded
status of the plan, and are split equally between all participating employers and all contributing
active plan members.
q) Property and equipment
Property and equipment are initially recorded at fair value and subsequently measured at cost less
accumulated depreciation and impairment losses. Cost includes expenditures that are directly
attributable to the acquisition or construction of the items, including retirement costs. Subsequent
costs, such as betterments, are included in the asset only when it is probable that future economic
benefits associated with the item will flow to the Corporation. All other subsequent expenditures
are recognized as repairs and maintenance. Capitalized software that is an integral part of the
equipment is accounted for as equipment. Property and equipment are depreciated when they are
available for use, on a straight-line basis over the estimated useful life of each asset, taking into
account the residual value, at the following annual rates:
Buildings 2.5% to 10%
Furniture and equipment 10% to 33%
Leasehold improvements Term of the lease
The assets’ residual values and useful lives are reviewed annually and adjusted, if appropriate, at
each reporting date. Land is not depreciated, as it is deemed to have an indefinite life.
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Gains and losses on disposals are determined by comparing the proceeds with the carrying amount
and recorded in net income (loss).
r) Lease assets and liabilities
At inception of a contract that conveys rights to the Corporation to use an identified asset, the
Corporation assesses whether the contract is or contains a lease. This assessment involves
exercising judgment to determine whether the Corporation has the right to control the use of an
identified asset for a period of time in exchange for considerations. If the arrangement is, or
contains a lease, the Corporation recognizes a lease asset and a lease liability at the
commencement of the lease. Lease assets include both tangible and intangible assets.
The lease asset is initially measured based on the present value of future lease payments plus
directly attributable cost, less any lease incentive received. Directly attributable costs are
incremental costs of obtaining a lease that would not have otherwise been incurred and that are
directly attributable to negotiating and securing a lease. The lease asset is amortized on a straight-
line basis over the lesser of the lease term or the asset’s useful life. The lease asset is subject to
testing for impairment if there is an indicator for impairment.
Lease liability consists of fixed payments less incentive receivable, variable lease payments that
depend on an index or a rate, residual value guarantee, and purchase options price less termination
costs. Lease liability is measured at the present value of the remaining lease payments using the
implicit rate or the incremental borrowing rate implicit in the lease.
When the lease contains an extension or purchase option that the Corporation considers
reasonably certain to be exercised, the exercise price of the option is included in the lease liability.
s) Intangible assets
Capitalized software that is not an integral part of the equipment is accounted for as an intangible
asset. Software development costs, which are comprised of labour and material costs for design,
construction, testing, and other costs directly attributable to bringing the asset to a condition where
it can be applied in its intended use, are capitalized for projects expected to be of continuing
benefit to the Corporation, or expensed where the potential future benefits are uncertain or not
quantifiable. Where software in development is not available for its intended use, the software
development costs are classified as an asset under construction. Once the asset is available for
intended use, it will be classified as an intangible asset.
Finite life intangible assets are initially recorded at fair value and subsequently carried at cost less
accumulated amortization and impairment losses. Intangible assets with finite useful lives are
amortized over their estimated useful lives when they are available for use on a straight-line basis
at 10% to 20%, taking into account the residual value.
Indefinite life and not available for use intangible assets are not subject to amortization, but are
assessed for indicators of impairment at each reporting date.
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The assets’ residual value and useful lives are reviewed annually and adjusted, if appropriate, at
each reporting date.
t) Impairment of assets
Impairment of financial assets
Financial assets not carried at FVTPL are assessed at each reporting date to determine if there is
objective evidence of impairment such as deterioration in the financial health of the investee,
industry and sector performance, changes in technology, financing and operational cash flows, and
the significance of any deterioration in the fair value of the asset below cost. In addition, for equity
and other financial investments, a prolonged decline is also considered objective evidence of
impairment. Where objective evidence of impairment exists, an impairment loss will be recognized
as follows:
For AFS financial assets, the related unrealized loss charged to OCI is reclassified to
impairment loss.
For Loans, the related difference between the amortized cost carrying amount and the fair
value, calculated as the present value of the estimated future cash flows, directly from the
loan or the sale of collateral, discounted at the asset’s original effective interest rate, is
recognized in investment income.
If the fair value of a previously impaired debt instrument classified as AFS or a financial asset
measured at amortized cost increases, and the increase can be objectively related to an event
occurring after the impairment loss was recognized, the impairment loss is reversed in investment
income. Impairment losses on equity and other financial investment instruments are not reversed.
Impairment of non-financial assets
The Corporation’s non-financial assets consist primarily of investment properties, property and
equipment, intangible assets and lease assets. An impairment review is carried out at the end of
each reporting year to determine if there are any indicators of impairment. When indicators of
impairment exist, the Corporation assesses the asset for impairment. Investment properties are
assessed for impairment as separate and identifiable cash-generating units, distinct from the other
operations of the Corporation. All other assets are assessed as a group as their cash flows are
generated from the operations of the Corporation. If an asset is impaired, the Corporation’s
carrying amount is written down to its estimated recoverable amount when material. The
recoverable amount is the higher of fair value less costs to sell and value in use. Non-financial
assets that suffered an impairment are reviewed for possible reversal of the impairment at each
reporting date. If there is a change in estimate of the recoverable amount, an impairment loss is
reversed to net income on the consolidated statement of comprehensive income only to the extent
that the asset’s carrying value does not exceed the carrying value that would have been determined,
net of depreciation, if no impairment loss had been recognized.
u) Current and non-current classification of assets and liabilities
Assets are considered current when expected to be realized within one year of the reporting date.
Liabilities are considered current when expected to be settled within one year of the reporting date.
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The Corporation presents the statement of financial position on basis of liquidity. The
classification of current and non-current assets and liabilities is disclosed in the notes to the
financial statements.
v) Reclassification of prior year balances
In the year ended March 31, 2023, the impairment loss on financial investments and investment
properties is classified as a separate item in the consolidated statement of comprehensive income.
This is to present separately the significant impairment loss from the underwriting results and
insurance operations of the Corporation, in order to provide more relevant, reliable and
understandable financial information to the users of the consolidated financial statements. Subtotal
of net income before impairment loss and total net income (loss) are provided. For comparative
purposes, impairment loss for the year ended March 31, 2022, previously aggregated with
investment income, is also presented in a separate line item in the consolidated statement of
comprehensive income.
3. Critical Accounting Estimates and Judgments
In preparation of the consolidated financial statements, the Corporation makes judgments in
applying the Corporation’s accounting policies. The judgments that have the most significant
effect on the amounts recognized in the consolidated financial statements include the assessment
of impairment indicators in determining the impairment, if any, in the financial investment
portfolio and non-financial investments. In addition, management makes assumptions in
developing estimates in preparing the consolidated financial statements. Estimates subject to
uncertainty include the provision for unpaid claims, the valuation of Level 3 investments, and the
valuation of pension and post-retirement benefit obligations. Management believes its estimates
and judgments to be appropriate; however, due to estimation uncertainty the actual results may be
materially different. Particular sources of estimation uncertainty include the impacts of product
reform and Enhanced Care and the related costs and savings on the provision for unpaid claims
and deferred premium acquisition costs. Other sources of economic uncertainty include the effects
of market economic conditions, including inflation, impacts of the ongoing Russian invasion of
Ukraine, and the abiding effect of the COVID-19 pandemic on the future development of the
Corporation’s assets and liabilities. These areas of judgment and critical accounting estimates are
described below.
Significant accounting estimates and judgments include:
Areas of Judgment
a) Impairment of financial assets
Judgment is required to determine if there is objective evidence of impairment of financial assets
classified as available for sale and amortized cost. The Corporation evaluates, among other factors,
the financial health of the investee, industry and sector performance, changes in technology,
financing and operational cash flows, and the significance of deterioration in the fair value of the
asset below cost. In addition, for equity and other investments, a prolonged decline is considered
objective evidence of impairment (note 11).
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b) Significant influence
The Corporation owns more than 20% of various investment entities. However, the Corporation
does not have significant influence in any of these entities. In determining whether the Corporation
has significant influence over an entity, judgment is applied considering all the facts such as
whether or not it has the power or only protective rights to exert influence over investment
activities.
Estimates Subject to Uncertainty
c) Provision for unpaid claims
The provision for unpaid claims is established according to accepted actuarial practice in Canada.
An unbiased estimate (best estimate) of claims costs is produced and discounted to determine a
present value as of the reporting date, and a PfAD is included based on the uncertainty associated
with the estimate. Methods of estimation have been used which the Corporation believes produce
reasonable results given current information (note 15).
The Corporation’s provision for unpaid claims is an estimate subject to volatility, which could be
material in the near term. The estimation of claims development involves assessing the future
behaviour of incurred claims, taking into consideration changes to the insurance product, as well
as the closure rates, payment patterns, consistency of the Corporation’s claims handling
procedures, the legal representation status of claims, historical delays in reporting of claims, and
the historical and forecasted levels of inflation. In general, the more time required for the
settlement of a group of claims, the more uncertain the estimates will be. Variability can be caused
by receipt of additional information, significant changes in the average cost or complexity of
claims over time, significant changes in the Corporation’s claims operations, the timing of claims
payments, product and legal reforms with limited or no experience, and future rates of investment
return and inflation.
The ultimate cost of claims that settle over a long period of time is particularly challenging to
forecast for several reasons, which include changes in the legal environment, case law or legislative
amendments, and periods of time between the occurrence date of a claim and the date it is reported
to the Corporation. The Corporation is subject to litigation arising in the normal course of
conducting its insurance business, which is taken into account in establishing the provision for
unpaid claims and other liabilities. Provisions for such liabilities are established by examining the
facts of tendered claims and are adjusted in the aggregate to reflect ultimate loss expectations based
upon historical experience patterns, current socio-economic trends and for certain claims,
structured settlements that are provided in the form of consistent periodic payments as opposed to
lump-sum payments.
To recognize the uncertainty in establishing a best estimate of the provision for unpaid claims, and
consistent with the requirements of the Standards of Practice of the Canadian Institute of Actuaries,
the Corporation includes a PfAD, consisting of three elements: an interest rate margin, a
reinsurance margin, and a claims development margin. The interest rate margin reduces the
expected investment rate of return used for discounting to make allowance for i) asset liability
mismatch risk, ii) uncertainty in the timing of claims settlement, and iii) credit risk within the
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investment portfolio. The reinsurance margin makes allowance for the collectability of recoverable
amounts from reinsurers and is a reduction in the expected amount of reinsurance recoverable. The
claims development margin makes allowance for the various factors that can create greater
uncertainty in the estimates of ultimate claims costs, including i) changes in the Corporation’s
operations (e.g., claims practices), ii) the underlying data upon which the unpaid claims estimates
are based, and iii) the nature of the lines of business written. The claims development margin is a
percentage of the unpaid claims, gross of reinsurance, and is larger for injury lines that generally
require more time for claims to settle and close.
The Corporation also assesses the adequacy of its insurance liabilities at the end of each reporting
period to ensure that they are sufficient to capture expected future cash outflows. All changes to
the estimate since the end of the last reporting period are recorded in the current period as a
‘Change in estimates for losses occurring in prior years’ in the consolidated statement of
comprehensive income.
The Corporation has considered the impacts of tort reform and the new Enhanced Care insurance
model in the estimation of the provision for unpaid claims. The impact of these changes creates
additional source of estimation uncertainty, as there is limited historical experience under the tort
reform and the Enhanced Care insurance model.
d) Valuation of pension and post-retirement benefits
The cost of pension and post-retirement benefits earned by employees is actuarially determined
using the Projected Unit Credit Method and management’s best estimate of future compensation
levels and healthcare costs.
The key assumptions used in calculating the cost of pension and post-retirement benefits are the
discount rate, rate of compensation increase, inflation rate, life expectancies and extended
healthcare cost trends. Together with plan member data, these and other assumptions are used to
estimate future benefit eligibility, amount and duration of payments. The rate determined for each
of the key assumptions is disclosed in note 18.
The discount rate is used to calculate the present value of the expected future benefit payments
and to calculate interest on the net liability. The discount rate is based on high-grade corporate
bond yields at the measurement date.
The rate of compensation increase reflects individual job progression, general price level increases,
productivity, seniority, promotion, and other factors.
The inflation rate assumption is based on an assessment of historical data, the Bank of Canada
target inflation range and the inflation expectations implied by the Government of Canada nominal
and real return long-term bond yields.
Life expectancies are based on Canadian mortality tables, and contain a provision for future
longevity improvements.
The extended healthcare trend rate is based on an analysis of plan experience, assumptions about
the trend in total healthcare costs, and the proportion that will be covered by private plans.
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With the exception of the discount rate, which is based on market conditions at the financial
statement date, all other assumptions are management’s best estimate (note 18).
e) COVID-19 economic uncertainty
In March 2020, the World Health Organization declared a global pandemic related to COVID-19.
The magnitude of the impact of the COVID-19 pandemic on local and global commerce continues
to evolve as it depends on future development of measures taken by government and central banks
to stabilize the economy. Hence, there continues to be ongoing uncertainty surrounding the extent
and duration of the impact that COVID-19 might have on the investment portfolio of the
Corporation, claims costs (frequency and severity), premium revenues and receivables, and post-
retirement benefit obligations (fair value of investments and the obligation for pension benefits
and the related funding requirements).
The Corporation has considered the impact of COVID-19 in the estimation of the provision for
unpaid claims. The impact of COVID-19 creates additional sources of estimation uncertainty as
the estimation of claim frequency and severity may be affected by changes in vehicle usage, delays
in vehicle repair services, and inflation of vehicle costs; and as the discount rate may be affected
by changes in investment values and cash flows.
The long-term impact of COVID-19 on the pension and post-retirement benefits assumptions is
also uncertain and introduces additional estimation uncertainty. As a result of the uncertainty,
actual results may differ materially from the Corporation's estimates. The valuation of pension
assets and the discount rate were determined at the reporting date based upon the best available
information. The Corporation has considered if COVID-19 would have an impact on any of the
other assumptions and has concluded, based on the information currently available, that the long-
term assumptions remain appropriate. As new information emerges, assumptions will be updated
as necessary and the consequential impact will be recorded in future reporting periods.
f) Russian invasion of Ukraine
As a result of the Russian invasion of Ukraine, beginning on February 28, 2022, sanctions were
put in place to halt trading of Russian securities in major stock exchanges and major index
providers have removed Russian equities from their indexes. As a result, the Corporation’s
investment manager has fully written off investments with Russian exposure. The Corporation has
determined that there is minimal residual impact on its financial investments. However, there is
ongoing uncertainty surrounding the extent of the potential macroeconomic impact on the
Corporation’s investment portfolio, pension assumptions, and business activities as the war
continues to evolve. The Corporation continues to review business practices to ensure compliance
with the sanctions related to Russia via the Special Economic Measures (Russia) Regulations.
g) 2019 legal-based product reform
Legislation was enacted on May 17, 2018 to reform the Basic insurance product to limit pain and
suffering payouts for minor injuries and create an independent dispute resolution process for injury
claims effective April 1, 2019 (note 23). The product reform significantly decreased claims costs
associated with accidents occurred on or after April 1, 2019. Key factors that contributed to the
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overall reduction in claims cost pressures include: a) the limit on general damages of $5,500 apply
to minor injuries, b) the enhancements in accident benefits coverage, c) other insurance (collateral
benefits) are primary for most medical and wage loss amounts when it is available and, d) bodily
injury claims disputes valued up to $50,000 are resolved by the Civil Resolution Tribunal (CRT)
instead of the Supreme Court of B.C.
The impact of the product reform has been favourable and contributed to improvement in the
Corporation’s financial stability. Given the limited history of the product reform, there is material
estimation uncertainty in the measurement of these costs. Any recognition of additional impact has
been reflected in the change in estimates for losses occurring in prior years.
h) Enhanced Care
On May 1, 2021, the Corporation implemented a new care-based insurance model (note 1). The
impact of the new insurance model has been reflected in the estimate of current year and prior year
claims costs, and affects the estimate of claims costs used in determining the asset associated with
the deferred premium acquisition costs (note 20). Given the limited historical experience under
this model, there is estimation uncertainty in the measurement of these costs.
i) Inflation
Since the beginning of the fiscal year, there has been unusually high inflation, causing significant
deterioration in the global financial markets and unprecedented repricing of interest rate
expectations resulting in significant declines in both equity and fixed income asset prices to date.
Higher inflation has also impacted the cost of claims, and will continue to affect the cost of open
claims. Significant uncertainty remains surrounding the extent and duration of the unusual high
inflation, adding uncertainty due to potential impacts on the Corporation’s investment portfolio,
pension assumptions, and current and prior year claims costs.
j) Material damage supply chain and labour shortage
The COVID-19 pandemic has triggered a global shortage of vehicle parts and computer chips
resulting in extensive delay in vehicle repairs. The delay is further exacerbated by the shortage of
skilled labour in the car repair industry in British Columbia. The situation is not expected to resolve
in the next few years. Delays in vehicle repairs, particularly when combined with the current high
inflation environment, result in estimation uncertainty in the measurement of costs associated with
vehicle damage claims.
k) Valuation of level 3 investments
The fair value of financial instruments where no active market exists or where quoted prices are
not otherwise available are determined by using valuation techniques and relying on significant
unobservable inputs. In these cases, the fair values are estimated from observable data in respect
of similar financial instruments, unobservable data using models or both. Where market observable
inputs are not available, they are estimated based on appropriate assumptions. Where valuation
techniques (for example, models) are used to determine fair values, they are validated and
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periodically reviewed by an external qualified personnel independent of those that sourced them
(note 2i).
Inherently there is significant estimation uncertainty arising from the judgments and assumptions
in determining fair value of these investments.
4. New Accounting Pronouncements
a) Standards and interpretations effective for the year ended March 31, 2023
The Corporation has adopted the standards and interpretations that are relevant to the operations
of the Corporation and effective for the year ended March 31, 2023. There were no material
impacts to the Corporation's consolidated financial statements from the adoption of new standards.
b) Standards and interpretations issued but not yet effective and not early adopted
Standards and interpretations issued that are relevant to the operations of the Corporation, but not
yet effective include:
IFRS 9 Financial Instruments. Effective for annual periods beginning on or after
January 1, 2018; early adoption is permitted. The Corporation has deferred the
implementation of IFRS 9 until its fiscal year beginning April 1, 2023, as allowed under the
amendments to IFRS 4 Insurance Contracts and will be reflected in the Corporation’s
consolidated financial statements for the year ending March 31, 2024. IFRS 9 brings together
the classification and measurement, impairment and hedge accounting to replace IAS 39
Financial Instruments: Recognition and Measurement.
IFRS 9 introduces a principles-based approach to the classification of financial assets
generally based on an entity’s business model and the nature of the cash flows of the asset.
All financial assets are measured at FVTPL, fair value through OCI (FVOCI) or amortized
cost if certain conditions are met. In addition, on initial recognition, an entity may irrevocably
designate a financial asset that otherwise meets the requirements to be measured at amortised
cost, at FVOCI as measured at FVTPL if doing so eliminates, or significantly reduces an
accounting mismatch that would otherwise arise. An entity may also elect certain investments
as FVOCI on an instrument-by-instrument basis.
IFRS 9 also replaces the incurred loss model in IAS 39 for the recognition of impairment with
a forward-looking expected credit loss (ECL) model. This will require considerable judgment
about how changes in economic factors affect the expect credit loss, which will be determined
on a probability-weighted basis. The new impairment model will not have a significant impact
on the Corporation since most financial assets will be valued in FVTPL. For financial assets
that are measured at amortised cost and FVOCI, IFRS 9 requires a loss allowance to be
recognised at an amount equal to either 12-month ECL or lifetime ECL. Lifetime ECL are the
ECL that result from all possible default events over the expected life of the financial
instrument; 12-month ECL are the portion of lifetime ECL that result from default events on
a financial instrument that are possible within the 12 months after the reporting date.
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For financial liabilities, IFRS 9 includes the requirements for classification and measurement
previously included in IAS 39.
In addition, IFRS 9 introduces a new hedge accounting model that aligns the accounting for
hedge relationships more closely with an entity’s risk management activities, permits hedge
accounting to be applied more broadly to a greater variety of hedging instruments and risks
and requires additional disclosures.
The following summarizes the Corporation’s accounting policies including key judgments
and estimates made under IFRS 9 that will become effective as at April 1, 2023:
Financial assets – Classification and measurements
The Corporation elected to designate debt instruments as FVTPL. These are debt
instruments that otherwise meet the criteria to be measured as amortized cost or
FVOCI based on the Corporation’s business model objective of managing these debt
instruments and the characteristics of their cash flows. However, the irrevocable
election to designate these debt instruments as FVTPL was made to eliminate or
significantly reduce an accounting mismatch that would otherwise arise from
measuring assets and insurance liabilities on different basis.
The Corporation will classify all other financial investments as FVTPL as they do not
meet the criteria to be measured at amortised cost or FVOCI based on the
characteristics of their cash flows.
All fair value changes of financial investments will be recorded in investment income
on the consolidated statement of comprehensive income.
Financial assets – Impairment
The Corporation will use the ECL impairment model to recognize a loss allowance
up-front for either expected 12-months credit losses or expected lifetime credit losses
for all instruments carried at amortized cost and FVOCI.
The financial asset subject to the ECL model is other receivables.
Based on the Corporation’s financial investments classification upon transition, none
of the Corporation’s financial investments will be subject to the ECL model since they
are measured at FVTPL.
Financial liabilities – Classification and measurements
IFRS 9 largely retains the existing requirements for the classification and
measurement of financial liabilities as compared to IAS 39 except for financial
liabilities designated as FVTPL.
The Corporation will continue to measure all financial liabilities at amortized cost,
except for the derivatives that are measured at FVTPL, which is the same as the current
classification under IAS 39.
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Transition approach
The Corporation will apply IFRS 9 retrospectively on a look-back basis at the date of
the initial application on April 1, 2023 and will restate prior period from April 1, 2022
to March 31, 2023 as if IFRS 9 had always applied, which includes restating opening
balances as at April 1, 2022.
The Corporation will elect to apply the classification overlay in IFRS 17 to financial
assets derecognized in fiscal year 2022 to present comparative information as if the
classification and measurement (including impairment) requirements of IFRS 9 has
been applied to such financial assets.
Impact assessment
The following summarizes the key changes in the standard that will impact the Corporation
on transition date, April 1, 2022:
Changes from IAS 39
Impact of IFRS 9 on
equity on transition
date
Under IFRS 9, the Corporation’s accounting policy to
recognize most financial assets as FVTPL and any fair value
changes during the period will be recorded as investment
income/losses instead of OCI. Currently, the Corporation
measures directly held mortgages only at amortized cost.
Increase
IFRS 17 Insurance Contracts. Effective for annual periods beginning on or after
January 1, 2023. Early adoption is permitted for entities that apply IFRS 9 and IFRS 15 on
or before the initial application of IFRS 17. The standard establishes the principles of
recognition, measurement, presentation and disclosure of insurance and reinsurance
contracts and supersedes IFRS 4. The standard will be effective for the Corporation on
April 1, 2023, and reflected in the Corporation’s consolidated financial statements for the
year ending March 31, 2024.
IFRS 17 requires an entity to identify and assess whether a set or series of contracts under
the scope of IFRS 17 are classified as a single contract and whether embedded derivatives,
investment components, and goods and services components have to be separated and
accounted for under another standard. For insurance and reinsurance contracts, the
Corporation does not expect significant changes arising from the application of these
requirements as the Corporation only offers single insurance contracts with Basic and
Optional coverages.
Under IFRS 17, insurance contracts are aggregated into groups for measurement purposes.
Groups of contracts are determined by first identifying portfolio of contracts, each
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comprising of contracts subject to similar risks and managed together. Each portfolio is then
divided into annual cohort (i.e. by year of issue) and each annual cohort into three groups:
contracts that are onerous at initial recognition;
contracts that at initial recognition have no significant possibility of becoming
onerous subsequently; and
remaining contracts in the portfolio.
The level of aggregation requirements in IFRS 17 limit the offsetting of profitable contracts
against onerous ones, having regard how insurers manage and evaluate the performance of
their business. However, contracts that would fall into different groups only because law or
regulation specifically constrains the Corporation’s ability to set a different price, may be
grouped in the same group. Compared with the level at which the liability adequacy test is
performed under IFRS 4 (i.e. at an overall entity level rather than group of contracts level),
the level of aggregation under IFRS 17 is more granular and may result in more contracts
being identified as onerous and losses on onerous contracts being recognized sooner.
IFRS 17 also introduces a measurement model based on the estimates of the present value of
future cash flow that are expected to arise as the entity fulfills the contract and an explicit
risk adjustment for non-financial risk. The Premium Allocation Approach (PAA) is an
optional simplified measurement model that is also available for insurance and reinsurance
contracts that meet the eligibility criteria.
The carrying amount of a group of insurance contracts issued at the end of each reporting
period is the sum of the liability of remaining coverage (LRC) and the liability for incurred
claims (LIC)
Under PAA, on initial recognition of a group of contracts, the carrying amount of the LRC
is measured at the premium received to date less any insurance acquisition cash flows paid
and any amounts arising from the derecognition of the prepaid acquisition cash flow asset.
Subsequently, the carrying amount of LRC is increased by any further premium received ,
decreased for insurance acquisition flows paid in the period, increased for the amortization
of insurance acquisition cash flows in the period recognized as insurance service expenses
and decreased by the amount recognized as insurance revenue for insurance services
provided.
If at any time before and during the coverage period, facts and circumstances indicate that a
group of contract is onerous, the entity will recognize a loss in profit or loss and increase
LRC to the extent that the current estimates of the fulfillment cash flow that relate to
remaining coverage exceed the carrying amount of the LRC.
Liability for incurred claims (LIC) of a group of contracts are recognized at the amount of
the fulfillment cash flow related to incurred claims. The fulfillment cash flows, which
comprise:
probability-weighted estimates of future cash flows;
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an adjustment to reflect the time value of money and the financial risks
associated with those future cash flows; and
a risk adjustment for non-financial risk
Significant judgments and estimates are required in estimating the above components.
In addition, IFRS 17 requires extensive new disclosures about amounts recognised in the
financial statements including detailed reconciliations of contracts as well as disclosures
about significant judgments made when applying IFRS 17. Disclosures will generally be
made at a more granular level than under IFRS 4, providing more transparent information
for assessing the effects of contracts on the financial statements.
The following summarizes the Corporation’s accounting policies including key judgments
and estimates made under IFRS 17:
Contract boundary and measurement model
The Corporation will elect to apply the PAA to all groups of insurance and
reinsurance contracts based on the coverage period being one year or less.
For all insurance contracts issued by the Corporation, the contract boundary aligns
with the policy term of each contract and is always one year or less. For all
reinsurance contracts held by the Corporation, the contract boundary aligns with the
reinsurance contracts coverage term of 12 months.
Contract separation
Before the Corporation accounts for an insurance contract based on the guidance in
IFRS 17, it analyses whether the contract contains components that should be
separated. The Basic and Optional coverage contracts cannot be further broken down
due to interdependency of risk between Basic and Optional coverage as well as the
fact that Optional coverage cannot be sold independently.
Level of aggregation and onerous contracts
IFRS 17 requires insurance contracts to be aggregated into portfolios of contracts that
are managed together and share similar risks. The Corporation will include both the
Basic only and Basic and Optional contracts in one portfolio, as these contracts share
similar risks and are managed together. The Basic coverage only or Basic and
Optional coverage contracts cannot be further broken down due to interdependency
of risk between Basic and Optional coverage as well as the fact that Optional
coverage cannot be sold independently.
Contracts are then further disaggregated based on profitability, and each group must
not include contracts issued more than one year apart. The Corporation will group
contracts together in annual cohorts aligning with the Corporation’s fiscal period and
assume that no contracts in the portfolio are potentially onerous at initial recognition
unless facts and circumstances indicate otherwise, in line with PAA requirements.
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Insurance acquisition cash flows
The Corporation will elect to expense, as incurred, all the insurance acquisition cash
flows. Insurance acquisition cash flow arises from the activities of selling,
underwriting and starting a group of contracts that are directly attributable to the
portfolio of contracts, including commissions, premium taxes, and underwriting
expenses.
Risk adjustment for non-financial risk
The Corporation will be using the confidence level approach for adjusting the
estimate of the present value of the future cash flow to reflect the compensation that
the Corporation requires for bearing the uncertainty about the amount and timing of
the cash flows that arises from non-financial risk.
The confidence level approach is in accordance with International Actuarial
Association (IAA) and best assigned with other risk measurement currently used by
the Corporation and most readily enables the disclosure requirements under IFRS 17.
Management will select a confidence level based on the Corporation’s risk appetite
on unexpected adverse claims emergence. After initial implementation, the
confidence level may change from time to time if there is a business justification or
based on the risk appetite of the Corporation.
Discount rate
The Corporation will determine the discount rate using the bottom-up approach to
reflect the characteristics of insurance contract liabilities. The bottom-up approach
adds illiquidity premium to the risk free rate. This approach also uses a reference
portfolio to derive an illiquidity premium curve.
As permitted under IFRS 17, the Corporation will not adjust the liability for
remaining coverage to reflect the time value of money and the effect of financial risk.
The future cash flows within the LIC are discounted (at current rates) since the
insurance contracts issued by the Corporation typically have a settlement period of
over one year.
The effect of discounting will be recognized through the net (loss) income on the
consolidated statement of comprehensive income.
Transition approach
The Corporation will apply the full retrospective approach in transition to IFRS 17
and restate the comparative period from April 1, 2022 to March 31, 2023 as if IFRS
17 had always applied, which includes restating opening balances as at April 1, 2022.
Impact assessment
The following summarizes the key changes in the standard that will impact the Corporation
on transition date, April 1, 2022:
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Changes from IFRS 4
Impact of IFRS 17
on equity on
transition date
Under IFRS 17, the Corporation will use a discount rate that
reflects the characteristics of the insurance liability instead of
its investment portfolio to discount the future cash flow when
measuring LIC.
Increase
IFRS 17 requires the fulfillment cash flow to include a risk
adjustment for non-financial risk. Currently, the Corporation
includes a PfAD to recognize the uncertainty in establishing
best estimate of amounts required to settle all unpaid claims.
Increase
Under IFRS 17, the Corporation’s accounting policy to
expense eligible insurance acquisition cash flow when
incurred differs from current
practice to recognize these
amounts as deferred premium acquisition costs.
Decrease
IAS 1 Presentation of Financial Statements, Classification of Liabilities as Current or Non-
current. Effective for annual periods beginning on or after January 1, 2023; early adoption is
permitted. Amended to clarify that the classification of liabilities as current or non-current
should be based on the rights that are in existence at the end of the reporting period, the
classification is unaffected by expectations of the entity or events after the reporting date, and
the definition of settlement. The standard will be effective for the Corporation on
April 1, 2023, and reflected in the Corporation’s consolidated financial statements for the year
ending March 31, 2024. The adoption of this amendment is not expected to have a material
impact to the Corporation’s consolidated financial statements.
IAS 1 Presentation of Financial Statements, Disclosure of Accounting Policies (Amendment).
Effective for the annual periods beginning on or after January 1, 2023; early adoption is
permitted. Amended to require entities to disclose their material accounting policies rather
than their significant accounting policies. The standard will be effective for the Corporation
on April 1, 2023, and reflected in the Corporation’s consolidated financial statements for the
year ended March 31, 2024. The adoption is not expected to have a material impact to the
Corporation’s consolidated financial statements.
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors, Definition of
Accounting Estimates (Amendment). Effective for the annual periods beginning on or after
January 1, 2023; early adoption is permitted. Amended to clarify the definition of “accounting
policies” and “accounting estimates” by making those two definitions more distinct and
concise. The standard will be effective for the Corporation on April 1, 2023, and reflected in
the Corporation’s consolidated financial statements for the year ended March 31, 2024. The
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adoption is not expected to have a material impact to the Corporation’s consolidated financial
statements.
IFRS 10 Consolidated Financial Statements and IAS 28 Long term Interests in Associates and
Joint Ventures (Amendment). Effective for the annual periods beginning on or after a date to
be determined by IASB; early adoption is permitted. Changes to these standards amend the
accounting for sales or contribution of assets between an investor and its associate or joint
ventures, and accounting guidance for a parent in the loss of control of a subsidiary. The
adoption is not expected to have a material impact on the Corporation’s consolidated financial
statements.
5. IFRS 9 deferral disclosure
The Corporation has elected to defer implementation of IFRS 9 to the fiscal year commencing
April 1, 2023, based on an assessment of the Corporation’s consolidated financial statements as at
December 31, 2015, as permitted by the amendments to IFRS 4 issued on June 25, 2020.
The Corporation qualifies for this deferral as IFRS 9 has not previously been applied and the
carrying amount of its liabilities arising from insurance contracts was significant (greater than
90%) when compared to the total amount of liabilities of the Corporation as at December 31, 2015.
The Corporation’s predominant business activity therefore continues to be in connection with
insurance contracts and the eligibility to defer IFRS 9 implementation remains.
The following table distinguishes the Corporation’s financial assets that give contractual rise to
cash flows that are solely payments of principal and interest (SPPI), excluding those held for
trading, and all other financial assets. The assets are presented at fair value for the year ended
March 31, 2023.
($ T HOUSANDS)
2023 2022
Fair Value Fair Value
Financial assets
SP P I (ex cluding held for t rading)
Cash and cash equivalents 25,957$ 29,654$
Accrued interest 46,717 40,024
Other receivable
1
19,687 528,545
Type 2 structured settlements 14,964 16,099
Money market securities - 6,019
Bonds 6,830,217 7,293,745
Mort gages 61,247 420,743
6,998,789$ 8,334,829$
Other financial assets
Non-SPPI bonds 49,856 146,284
P ooled funds classified as debt inst rument s 10,228,084 10,850,343
Investments held through investment entities 1,988,877 1,055,085
Equit ies - 238,144
12,266,817$ 12,289,856$
1
Given the short-term nature of other receivable, the carrying amount has been used as a reasonable approximation of fair value.
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Credit risk
IFRS 9 will require the Corporation to recognize a loss allowance for expected credit losses on
financial assets that meet the SPPI conditions and are held for the purpose of collecting contractual
cash flows. The credit risk rating for money market securities and bonds in the above table that
meet these conditions (SPPI, excluding held for trading) can be found in note 10b. Mortgages and
other receivables (including type 2 structured settlements) are assessed for significant increases to
credit risk based on past due analyses. All directly held mortgages are current as at March 31, 2023.
See note 10b for an aging table for other receivables.
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6. Investments
a) Financial investments
($ THOUSANDS)
Classification
Investments In Pooled
Funds
Investments Held
Directly
Investments Held
Through Investment
Entities
Total Carrying Value
March 31, 2023
Fixed-income investments
Money market securities AFS 976,655$ -$ -$ 976,655$
Mort gages Loans - 62,753 - 62,753
Mort gage funds AFS 558,705 - 187,962 746,667
Bon d funds AFS 1,888,703 - - 1,888,703
Bonds
Federal AFS - 2,985,409 - 2,985,409
Provincial AFS - 1,179,487 - 1,179,487
Corporate AFS - 2,715,177 - 2,715,177
Total bonds - 6,880,073 - 6,880,073
Total fixed-income investments 3,424,063 6,942,826 187,962 10,554,851
Equity inve stments
Glo bal AFS 4,590,725 - - 4,590,725
Total equity investments 4,590,725 - - 4,590,725
Other financial investments
Domestic real estate AFS 967,175 - - 967,175
Global real estate AFS 1,788 - 596,180 597,968
Global infrastructure AFS 83,208 - 750,772 833,980
Global mezzanine debt FVT P L 119,283 - - 119,283
Global mezzanine debt AFS 73,923 - - 73,923
Private assets AFS 967,919 - 453,963 1,421,882
Total other financial investments 2,213,296 - 1,800,915 4,014,211
Total financial investments 10,228,084$ 6,942,826$ 1,988,877$ 19,159,787$
March 31, 2022
Fixed-income investments
Money market securities AFS 830,283$ 6,019$ -$ 836,302$
Mort gages Loans - 412,125 - 412,125
Mort gage funds AFS 748,063 - 89,986 838,049
Bon d funds AFS 2,216,886 - - 2,216,886
Bonds
Federal AFS - 2,694,798 - 2,694,798
Provincial AFS - 1,817,543 - 1,817,543
Corporate AFS - 2,927,688 - 2,927,688
Total bonds - 7,440,029 - 7,440,029
Total fixed-income investments 3,795,232 7,858,173 89,986 11,743,391
Equity inve stments
Domest ic AFS 326,618 238,144 - 564,762
Glo bal AFS 4,973,595 - - 4,973,595
Total equity investments 5,300,213 238,144 - 5,538,357
Other financial investments
Domestic real estate AFS 855,841 - - 855,841
Global real estate AFS 2,113 - 453,666 455,779
Global infrastructure AFS 36,182 - 338,145 374,327
Global mezzanine debt FVT P L 221,300 - - 221,300
Global mezzanine debt AFS 89,220 - - 89,220
Private assets AFS 550,242 - 173,288 723,530
Total other financial investments 1,754,898 - 965,099 2,719,997
Total financial investments 10,850,343$ 8,096,317$ 1,055,085$ 20,001,745$
Financial Investments
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The Corporation’s investment in pooled funds are denominated 95.8% (2022 – 96.1%) in
Canadian dollars. The Corporation’s investment held through investment entities are denominated
100.0% (2022 – 100.0%) in Canadian dollars. The above equity and other financial investment
disclosure presents the Corporation’s interest in pooled funds and investments held through
investment entities by looking through the funds, and classifying by the type of the underlying
investments, which is consistent with how the Corporation manages risk and monitors
performance.
Money market securities, bonds, bond funds, mortgage funds, equity and other financial
investments are carried at their fair value. The fair value of directly held mortgages is determined
to be consistent with Level 3 investments based on the inputs to the valuation technique used (note
2i). Directly held mortgages are measured at amortized cost and have an estimated fair value of
$61.2 million (2022 – $420.7 million). The fair value of the directly held mortgages is determined
by applying a discount rate ranging from 1.9% to 2.4% (2022 – 1.3% to 4.0%).
Pooled funds and investments held through investment entities
The Corporation invests in pooled funds and investments held through investment entities; the
investment strategies of some of these funds and investments include the use of leverage. As at
March 31, 2023, the Corporation’s interest in pooled funds range from 0.1% to 37.3% (2022 –
1.9% to 36.2%) and investments held through investment entities range from 7.0 % to 100.0%
(2022 – 7.0% to 100%) of the net assets of the respective funds and investments. The funds and
investments are managed by external asset managers. The Corporation has a percentage ownership
in each of the pooled funds and investments that entitle the Corporation to a proportional share in
the respective fund’s net assets. The carrying value of the Corporation’s investments in pooled
funds and investments held through investment entities as at March 31, 2023 is $12.22 billion
(2022 – $11.91 billion).
The change in fair value of each AFS pooled fund is included in the OCI section within the
consolidated statement of comprehensive income in ‘Net change in available for sale financial
assets’. One of the pooled fund investments is designated as FVTPL and as a result, the change in
fair value is recorded in investment income on the consolidated statement of comprehensive
income.
The Corporation’s maximum loss exposure from its interests in the pooled funds and investments
held through investment entities is equal to the total fair value of these investments.
Asset-backed securities
The Corporation purchases bonds that are secured by various assets as part of its investment
strategy. The majority of the bonds are issued by Canadian corporate entities and are secured by
credit card, auto, or equipment receivables. Also, the Corporation invests in AAA rated senior
securities issued by securitization trusts that have a first lien on assets. The weighted-average
duration of the asset-backed securities in the Corporation’s portfolio is 3.0 years (2022 – 1.3 years)
and the coupon interest rates range from 3.8% to 5.0% (2022 – 2.3% to 2.6%).
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As at March 31, 2023, the carrying value of asset-backed securities included in financial
investments in the consolidated statement of financial position is $64.0 million (2022 – $22.4
million). This amount also represents the maximum exposure to losses at that date.
As at March 31, 2022, the Corporation held one mortgage-backed security with a carrying value
of $16.9 million and an estimated fair value of $17.3 million. The mortgage-backed security was
sold in the current fiscal year.
b) Investment properties
The movement in the carrying value of investment properties is as follows:
The fair value of investment properties is $0.43 billion (2022 – $0.40 billion) and based on the
inputs to the valuation technique used, the valuation of these investment properties is Level 3. As
at March 31, 2023 and March 31, 2022, the estimated fair value is based on independent appraisals,
by professionally qualified external valuators or using the income approach to estimate fair value
through the direct capitalization method and/or the discounted cash flow analysis as determined
by an external investment manager.
As at March 31, 2023, four (2022 – four) investment properties remain in assets held for sale.
($ T HOUSANDS)
2023 2022
Cost
Balance, beginning of year 354,705$ 695,017$
Capital improvements 12,122 8,347
Reclassification to assets held for sale (62,185) (252,446)
Reverted from assets held for sale to investment properties 182,697 -
Disposals (62,641) (95,107)
Impairment loss (5,477) (1,106)
Balance, end of year 419,221 354,705
Accumulated depreciation
Balance, beginning of year 99,661 136,684
Depreciation 21,802 19,191
Reverted from assets held for sale to investment properties 31,584 -
Disposals (18,043) (12,188)
Reclassification to assets held for sale (21,574) (44,026)
Balance, end of year 113,430 99,661
Carrying value, end of year 305,791$ 255,044$
Statements and Schedules of Financial Information 2022/23
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c) Lease income
The Corporation leases out its investment properties. As of March 31, 2023, the future minimum
lease cash receipts under non-cancellable leases over the next five years and beyond are as follows:
7. Financial Assets and Liabilities
a) Fair value hierarchy
The following table presents the fair value hierarchy for financial assets and liabilities measured
at fair value in the consolidated statement of financial position. During fiscal years 2023 and
2022, there were no transfers between Level 1, Level 2 and Level 3. The Corporation’s policy is
to recognize transfers into and out of fair value hierarchy levels as of the date of the event or
change in circumstances that caused the transfer.
Cash and cash equivalents (Level 2) is valued using the end of day exchange rates. Level 2 money
market securities within fixed-income investments and equity investments (pooled funds) are
valued using net asset value or pricing matrices derived from yield quotations, or if one does not
exist, cost plus accrued interest. Bonds and money market pooled fund within Level 2 fixed-
($ T HOUSANDS)
Lease Income
Net Present
Value Lease Income
Net Present
Value
Up to 1 year
21,849$ 20,860$ 22,403$ 21,608$
Greater than 1 year, up to 5 years
53,646 46,282 55,518 49,398
Greater than 5 years
22,212 16,824 24,999 20,126
97,707$ 83,966$ 102,920$ 91,132$
2023
2022
($ T HOUSANDS)
Fair Value
Q uoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant Other
O bse rvable Inputs
(Level 2)
Significant
Unobse rvable
Inputs
(Level 3)
March 31, 2023
Cash and cash equivalents 25,957$ -$ 25,957$ -$
Fixed-income investments, excluding directly held mortgages 10,492,098 - 9,745,431 746,667
Equity investments 4,590,725 - 4,590,725 -
Other financial investments 4,014,211 - - 4,014,211
Total financial assets 19,122,991$ -$ 14,362,113$ 4,760,878$
March 31, 2022
Cash and cash equivalents 29,654$ -$ 29,654$ -$
Fixed-income investments, excluding directly held mortgages 11,331,266 - 10,493,217 838,049
Equity investments 5,538,357 238,144 5,300,213 -
Other financial investments 2,719,997 - - 2,719,997
Total financial assets 19,619,274$ 238,144$ 15,823,084$ 3,558,046$
Fair Value Measurements at Reporting Date
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income investments are valued using the quoted market price or dealer quotes for similar
instruments exchanged in active markets.
The table below shows the movement of financial assets where fair value has been determined
based upon significant unobservable inputs (Level 3). Level 3 investments consist of the other
financial investments and the mortgage funds.
The fair values of the real estate pooled investments are provided by the investment managers
and are based on the appraised or calculated market value plus the net assets and liabilities
combined with any cash flows. The global mezzanine debt fund’s valuations are provided by the
investment managers and are based on the discounted cash flow method using yields of assets
with similar characteristics combined with cash flows. The global infrastructure valuations are
provided by the investment manager and are based on various methods such as the discounted
cash flows, appraisals and audited financial statements. The private fixed-income funds and
private equity funds valuations are provided by the investment manager and are based on the
observed external price, if one exists, or if one does not exist, discounted cash flows using the
yields of externally priced comparable private or public fixed-income assets. The consolidated
mortgage fund’s value is provided by the investment manager and is based on a discounted cash
flow that uses a risk-free rate of return and a mortgage credit spread for fixed term mortgages.
For variable mortgages, valuations are based on the principal balance plus accrued interest and
for other mortgage investments, valuations may be based on audited financial statements and
discounted cash flows.
($ T HOUSANDS)
Equities and Other Financial
Investments
March 31, 2023
Balance, beginning of year 3,558,046$
Addit ions 2,124,628
Disposals (1,055,763)
Market value adjustment 133,967
Balance, end of year 4,760,878$
March 31, 2022
Balance, beginning of year 2,598,059$
Addit ions 2,504,708
Disposals (1,635,871)
Market value adjustment 91,150
Balance, end of year 3,558,046$
Fair Value Measurements using
Level 3 Inputs
Statements and Schedules of Financial Information 2022/23
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The fair value of derivative instruments not designated as accounting hedges is as follows:
The Corporation uses foreign exchange forward contracts and swaps to hedge the foreign exchange
risks associated with its foreign currency financial investments. The Corporation entered into an
interest rate swap to naturally hedge the interest rate of one of the investment properties’
mortgages. Other than the interest rate swap associated with one of the investment properties’
mortgages, all forward contracts and swaps have settlement dates within one year.
The non-designated derivative financial instruments are classified as Level 2. Forward contracts
are valued based on the difference between the forward rate at the contract initiation date and the
remaining forward term rate on the reporting date. Swap contracts are valued at the present value
of their expected cash flows on the reporting date.
Other financial assets
Other financial assets include accrued interest, premiums and other receivables, and reinsurance
assets. The fair values of the other financial assets excluding structured settlements and reinsurance
recoverables approximate their carrying values due to their short-term nature. The fair value of the
structured settlements and reinsurance recoverable are based on present value of future cash flows.
The non-current portion of the other financial assets is $51.8 million (2022 – $65.4 million).
Financial liabilities
Financial liabilities include cheques outstanding, accounts payable and accrued charges, provision
for premium rebates/refunds, net bond repurchase agreements, investment-related and other
liabilities, and lease liabilities. All financial liabilities are carried at cost or amortized cost. Except
for lease liabilities, investment-related and other liabilities, the fair values of financial liabilities
approximate their carrying values due to their short-term nature. The estimation of fair value of
investment-related and other liabilities is discussed in note 8, and for lease liabilities in note 9.
As at March 31, 2023, the general ledger bank balances representing deposits in transit were
$159.9 million (2022 – $122.6 million) and the general ledger bank balances representing
outstanding cheques were $375.1 million (2022 – $253.4 million), netting to a cheques outstanding
balance of $215.2 million (2022 – $130.8 million) on the consolidated statement of financial
position.
($ T HOUSANDS)
Notional Notional
Amount Fair Value Amount Fair Value
Non-designated derivative instruments
Assets
Forward contracts -$ -$ 2,187,494$ 24,019$
-$ -$ 2,187,494$ 24,019$
Liabilities
Forward contracts 2,387,682$ 45,598$ -$ -$
Foreign exchange swaps 260,000 357 154,579 1,395
Interest rate swap - investment properties 91,850 747 - -
2,739,532$ 46,702$ 154,579$ 1,395$
2023
2022
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During fiscal year 2022, the Corporation approved the issuance of a Relief Rebate totalling $396.0
million to policyholders who had an active eligible Basic insurance certificate that was in effect at
any time during the month of February 2022. As at March 31, 2022, the Relief Rebate payable of
$396.0 million was presented as a provision for premium rebates/refunds in the consolidated
statement of financial position. As at March 31, 2023, the Relief Rebate had been paid in full.
8. Net Bond Repurchase Agreements, Investment Related and Other Liabilities
Investment-related liabilities are comprised of mortgage payable of $105.7 million (2022 – $121.3
million) with repayment terms ranging from within one year to six years (2022 – one year to seven
years) and interest rates ranging from 4.6% to 7.3% (2022 – 2.9% to 4.6%). The fair value of
investment-related liabilities approximates carrying value. Other liabilities consist of accrued
interest payable and unsettled trades. All of these liabilities are classified as Level 3 under the fair
value hierarchy.
Estimated principal repayments for investment-related and other liabilities are as follows:
9. Lease Liabilities
Lease liabilities are as follows:
($ T HOUSANDS)
2023 2022
Carrying Value Carrying Value
Net bond repurchase agreements 1,772,205$ 1,947,260$
Investment-related liabilities 105,728 121,328
Other liabilit ies 52,103 600,449
Total net bond repurchase agreements, investment-related, and other liabilities 1,930,036$ 2,669,037$
Non-current portion 97,047$ 5,371$
($ T HOUSANDS)
2023 2022
Up to 1 year 60,784$ 716,406$
Greater than 1 year, up to 5 years 92,477 616
Greater than 5 years 4,570 4,755
157,831$ 721,777$
($ T HOUSANDS)
2023 2022
Up to 1 year 11,406$ 13,924$
Greater than 1 year, up to 5 years 34,805 33,312
Greater than 5 years 12,593 12,225
Total undiscounted lease liabilities balance, end of year 58,804$ 59,461$
Total discounted lease liabilities balance, end of year 52,313$ 53,670$
Current 10,784$ 13,445$
Non-current 41,529$ 40,225$
Statements and Schedules of Financial Information 2022/23
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The fair value of lease liabilities is the present value of cash flows over the remaining term of the
leases.
As at March 31, 2023, the Corporation did not have any leases committed to but not yet
commenced. As at March 31, 2023, the Corporation had committed to facilities-related expenses
associated with leased properties, over the next five years and beyond, at a net present value of
$31.6 million (2022 – $36.1 million).
10. Management of Insurance and Financial Risk
As a provider of vehicle insurance products, effective risk management is fundamental in
protecting earnings, cash flow, and ultimately the financial stability of the Corporation. The
Corporation is exposed to various types of insurance and financial risks including risks of
uncertainty resulting from COVID-19, the Russian/Ukrainian invasion and other economic
uncertainties (note 3).
a) Insurance risk
The principal risk that the Corporation faces under its insurance contracts is that the actual claims
and benefit payments exceed the carrying amount of the insurance liabilities. This could occur
when the frequency or severity of claims and benefits are greater than estimated. Insurance events
have an element of randomness and the actual number and amount of claims and benefits will
vary each year from the level established using statistical techniques.
The introduction of the new care-based insurance model has increased the insurance risk as the
insurance liabilities for new injury claims under the care model must be established with only
limited direct historical experience. The Corporation has considered relevant experience from
other jurisdictions with similar products in determining the appropriate amount of the insurance
liabilities. Actual results may be materially different and take many years to emerge.
Frequency is the average number of claims per policy, calculated by dividing the total number of
claims by the total number of policies. Severity is the average cost of a claim calculated by
dividing the total cost of claims by the total number of claims. There are a number of factors that
influence the frequency and severity of claims.
Some factors are affected by the actions of the Corporation and a number of strategies are used
to try and reduce cost pressures created by these factors, including claims operational changes,
road safety programs, programs to influence driver behaviour such as impaired driving and
distracted driving programs, public awareness campaigns, auto crime reduction initiatives, and
fraud detection and investigation.
There are other factors that the Corporation has little or no control over, including weather,
demographics, court issued settlement awards, plaintiff legal fees, pandemic events, and
economic changes, including vehicle parts/repair inflation, supply chain issues and medical
expense inflation that influence the cost of claims.
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Sources of uncertainty in the estimation of the provision for unpaid claims
To manage the uncertainty associated with estimating the provision for unpaid claims, the
Corporation’s Chief Actuary employs standard actuarial methods. The estimation of the provision
for unpaid claims is determined in accordance with accepted actuarial practice in Canada and is
based on reasonable assumptions and appropriate methods that are consistently applied (note 3c),
giving appropriate consideration to relevant changes in circumstances such as the COVID-19
pandemic (note 3e), 2019 legal-based product reform (note 3g) and the new care-based insurance
model (note 3h), high inflation (note 3i) and material damage supply chain issues and labour
shortage (note 3j).
There is an inherent uncertainty regarding the assumptions to estimate the amount and timing of
future claims payments that make up the provision for unpaid claims. The Corporation is liable
for all insured events that occurred during the term of the insurance contract, even if the loss is
reported after the end of the contract term. In addition, injury claims may take a long period of
time to settle.
Injury claims include bodily injury, accident benefits, and enhanced accident benefits, which
account for approximately 40% (2022 – 49%) of current year claims costs, and 93% (2022 – 97%)
of the provision for unpaid claims. The timing of payments of injury claims can be extended due
to delayed reporting, as well as extended recovery time required for severe injuries, and the timing
and amount of injury payments can exhibit considerable uncertainty because of the complex
bodily injury claims environment, including the legal environment.
The Corporation’s provision for unpaid claims can be affected by the frequency and severity of
claims, the discount rate, and actuarial methods and assumptions. The frequency and severity of
claims are discussed above, while the discount rate and the actuarial methods and assumptions
are discussed in notes 3 and 15.
Concentration of insurance risk
The Corporation has a diverse customer base as the sole provider of Basic insurance to all drivers
in British Columbia. The Corporation operates in one provincial jurisdiction and provides vehicle
insurance only, so there is a concentration of insurance risk with respect to geography,
jurisdiction, and product type.
The impact of the concentration of insurance risk is quantified through Catastrophe modeling that
the Corporation’s reinsurance broker updates annually. This testing allows the Corporation to
assess, monitor and manage these risks effectively. The concentration of insurance risk is also
managed through an Automobile property damage catastrophe reinsurance treaty, a casualty
catastrophe reinsurance treaty, and road safety programs such as road improvement strategies, the
graduated licensing program, and the distracted driving campaign. As the sole provider of Basic
insurance, the Corporation invests in and benefits the most from these programs.
Premium pricing risk
The Corporation is the sole provider of Basic insurance and is not subject to competitive risk for
its Basic insurance product. Basic insurance rates are set to cover costs after considering
investment returns. Because the insurance rates are determined based on forward-looking
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estimates of costs, the unfavourable variance in costs, in particular claims costs, may result in
Basic insurance premiums not being sufficient to cover costs.
The Corporation is subject to legislative requirements with respect to Basic insurance and applies
to the BCUC for approval to change its Basic insurance rate. The Corporation is required to make
Basic insurance rate applications and the BCUC is required to approve rates set according to
accepted actuarial practice. These legislated requirements mitigate the underwriting risk
associated with pricing for the Basic insurance product.
For the 2023 policy year, the Corporation has applied to the BCUC for a Basic rate change of
0.0%. The Basic rate application includes a government-directed capital provision equal to an
amount of 7.0% of required premium, which is expected to allow the Corporation to continue to
rebuild its depleted capital over the 24-month term of policy year 2023 (note 24).
The Corporation’s Optional insurance products compete with other insurers and are subject to
underwriting risk and competitive risk.
b) Financial risk
Concentration of financial risk
The Corporation establishes investment portfolio level targets and limits with the objective of
ensuring that portfolios are diversified across asset classes and individual investment risks. The
Corporation reviews investment positions and risk exposures for concentration risk.
As at March 31, 2023, the equity and other financial investments portfolios were 28.6%
(2022 – 22.1%) invested in the real estate sector, 12.9% (2022 – 4.8%) in the information
technology sector, 10.4% (2022 – 13.6%) in the financial sector. The bond portfolio was 50.2%
(2022 – 49.8%) invested in the government sector and 24.1% (2022 – 23.7%) invested in the
financial sector. See credit risk for a discussion of the government bonds.
Concentration of geographical risk
Geographical concentration risk arises when the investments are located in the same geographical
region. The Corporation reduces geographical concentration risk by dispersing the investments in
more than one geographical region. The Corporation is invested in diversified global pooled
funds. As at March 31, 2023, the investment portfolio was 62.1% (2022 – 79.7%) invested in
Canada, 26.0% (2022 – 16.1%) invested in the United States, and 11.9% (2022 – 4.2%) was
invested elsewhere around the world.
Price risk
General economic conditions, political conditions, and other factors affect the equity markets,
thereby also affecting the fair value of the equity securities, fixed income funds, and other
financial investments (including all pooled funds) held by the Corporation. Fluctuations in the
value of these securities impact the recognition of both unrealized and realized gains and losses
on equity securities and on the units of funds held. As at March 31, 2023, the impact of a 10%
change in prices, with all other variables held constant, would result in an estimated corresponding
Insurance Corporation of British Columbia
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change to OCI for AFS equities, fixed income funds and other financial investments of
approximately $1.21 billion (2022 – $1.19 billion) and to profit or loss for FVTPL equities of
approximately $11.9 million (2021 – $22.1 million).
The Corporation holds a widely diversified portfolio, diversified geographically, by sector, and
by company, and has policies in place to limit and monitor total equity exposure and individual
issuer exposure.
Interest rate risk
When interest rates increase or decrease, the market value of fixed-income securities will decrease
or increase respectively with a larger market value impact on instruments with a long duration
compared to instruments with a short duration. Fluctuations in interest rates have a direct impact
on the market valuation of the Corporation’s directly held fixed-income portfolio. The
Corporation is also indirectly exposed to interest rate risk through its investments in fixed-income
pooled funds and fixed-income investments held through investment entities. The Corporation’s
investment yields, which include fixed-income portfolio, are used to derive the discount rate for
the provision for unpaid claims (note 10a); therefore, the change in interest rate will also have an
impact to the provision for unpaid claims.
The Corporation has policies in place to limit and monitor its exposure to interest rate risk in
relation to the duration of its claims liabilities.
The carrying values reported in the consolidated statement of financial position for cash and cash
equivalents, premiums and other receivables, accounts payable and accrued charges, and
provision for premium rebates/refunds approximate their fair values and are not significantly
impacted by fluctuations in interest rates.
In fiscal years 2023 and 2022, the Corporation did not use material derivative financial
instruments to hedge interest rate risk on its investment portfolio.
As at March 31, 2023, a 100 basis point change in interest rates would result in a change of
approximately $178.9 million (2022 – $198.6 million) in fair value of the Corporation’s bond
Average Yield
( %)
Duration
(Ye ars)
Average Yield
( %)
Duration
(Ye ars)
Bonds
Canadian
Federal 3.5 2.8 2.3 2.7
Provincial 3.7 2.8 2.6 2.8
Corporate 4.7 2.6 3.0 3.0
Total bonds 4.1 2.6 2.7 2.7
Mort gages 3.7 1.3 4.0 1.2
T ot al bonds an d mort gages 4.1 2.6 2.8 2.6
2023
2022
Statements and Schedules of Financial Information 2022/23
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portfolio and a corresponding impact of approximately $178.9 million (2022 – $198.6 million) to
OCI. A 100 basis point change in interest rates would result in a change of approximately $0.8
million (2022 – $5.0 million) in fair value of the Corporation’s directly owned mortgages,
however there would be no impact to OCI or net income as the directly owned mortgages are
measured at amortized cost. Interest rate changes would also result in a partial inverse change to
the provision for unpaid claims and the corresponding claims costs (note 10a). With the increase
in uncertainty given the current economic environment, there may be volatility in investment
yields in the future, and any interest rate changes will have an impact on discount rates used by
the Corporation.
Credit risk
Credit risk is the potential for financial loss to the Corporation if the counterparty in a transaction
fails to meet its obligations. Financial instruments that potentially give rise to concentrations of
credit risk include cash and cash equivalents, fixed-income securities, accounts receivable,
reinsurance receivables and recoverables, and structured settlements. The Corporation is also
indirectly exposed to credit risk through its investments in fixed-income pooled funds and fixed-
income investments held through investment entities. The total direct credit risk exposure is $5.67
billion (2022 – $7.30 billion).
Fixed-income securities
Fixed-income securities are comprised of investment grade bonds and corporate bonds, private
debt and mortgages, which are directly held, or in pooled funds. The Corporation mitigates its
overall exposure to credit risk in its fixed-income securities by holding the majority of its fixed-
income portfolio in investment grade bonds, and by limiting fixed income credit investments to a
maximum of 28.0% (2022 – 23.0%) of total investment assets. Credit risk in mortgages is
mitigated by the security of the underlying mortgaged property.
The credit quality of financial assets that are neither past due nor impaired can be assessed by
reference to external credit ratings, where available, or to historical information about
counterparty default rates.
The maximum credit risk exposure for fixed-income securities pertain to directly held bond
investments and to directly held mortgage investments; however, the Corporation considers
Canadian government bonds to be risk-free. Therefore, the total carrying amount is $3.96 billion
(2022 – $5.16 billion). There is minimal credit risk exposure to cash.
The counterparty risk associated with repurchase agreements for 2023 and 2022 is not material.
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The Corporation’s money market securities and bonds by credit quality according to Standard
and Poor’s are as follows:
Premiums and other receivables
The Corporation has a diverse customer base as it is the sole provider of Basic insurance to all
drivers in British Columbia. While there is no significant individual concentration of credit risk,
the Corporation’s premiums and other receivables are comprised of customers with varying
financial conditions.
The credit risk for premiums receivables is mitigated as a customer’s policy may be cancelled if
the customer is in default of a payment. The maximum credit risk for all other receivables equals
their carrying amount. As at March 31, 2023, the Corporation considered $138.0 million
(2022 – $125.4 million) of its premiums and other receivables to be uncollectible and has
provided for them. The allowance was determined by applying a percentage derived from six
years of collection experience by receivable type to the total of current and prior periods’
customer billings.
($ T HOUSANDS)
2023 2022
Money market securities
AAA -$ 6,019$
Bonds
AAA 3,049,389$ 2,717,248$
AA 677,047 730,958
A 2,226,728 2,989,255
BBB 926,909 1,002,568
6,880,073$ 7,440,029$
Statements and Schedules of Financial Information 2022/23
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The following table outlines the aging of premiums and other receivables as at
March 31, 2023 and at March 31, 2022:
The movements in the provision for premiums and other receivables are as follows:
Reinsurance assets
Failure of reinsurers to honour their obligations could result in losses to the Corporation. The
maximum credit risk exposure equals the carrying amount of $34.7 million (2022 – $43.6
million). The Corporation has policies that require reinsurers to have a minimum credit rating of
A-. No single reinsurer represents more than 25% of the total reinsurers’ share of the provision
for unpaid claims and adjusting expenses in a contract year. Both these items mitigate the
Corporation’s exposure to credit risk. No amount owing from the reinsurers was considered
impaired as at March 31, 2023 or March 31, 2022.
($ THOUSANDS)
Current
Past Due
1 – 30 days
Past Due
31 – 60 days
O ve r
60 days
Total
March 31, 2023
Premiums and other receivables 1,589,904$ 4,826$ 3,176$ 189,163$ 1,787,069$
Provision (3,689) (3,755) (3,066) (127,504) (138,014)
Total premiums and other receivables 1,586,215$ 1,071$ 110$ 61,659$ 1,649,055$
March 31, 2022
Premiums and other receivables 2,009,317$ 5,050$ 5,452$ 172,228$ 2,192,047$
Provision (2,885) (2,699) (2,730) (117,059) (125,373)
Total premiums and other receivables 2,006,432$ 2,351$ 2,722$ 55,169$ 2,066,674$
($ THOUSANDS)
2023 2022
Balance, beginning of year (125,373)$ (108,797)$
Charges for the year (42,577) (37,709)
Recoveries 6,416 6,531
Amounts written off 23,520 14,602
Balance, end of year (138,014)$ (125,373)$
($ THOUSANDS)
2023 2022
Reinsurance recoverable (note 15) 32,383$ 41,544$
Reinsurance receivable 2,305 2,052
Reinsurance assets 34,688$ 43,596$
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Liquidity risk
A significant business risk of the insurance industry is the uncertain ability to match the cash
inflows from premiums and the investment portfolio with the cash requirements of the policy
liabilities and operating expenses. The timing of most policy liability payments is not known,
may take considerable time to determine precisely, and may be paid in partial payments.
Liquidity risk is the risk that the Corporation is unable to meet its financial obligations as they
fall due. Cash resources are managed on a daily basis based on anticipated cash flows. The
majority of financial liabilities, except for the provision for unpaid claims, pension and post-
retirement benefits, lease liabilities, and investment-related, are due within one year. The
Corporation generally maintains positive overall cash flows through cash generated from
operations as well as cash generated from its investing activities. Where overall cash flows are
negative, the Corporation maintains sufficient liquid assets to cover any shortfall from operations.
In addition, the Corporation has a netting arrangement with its banks that permits positive bank
balances to be offset against negative bank balances.
Liquidity risk is primarily controlled by holding government bonds and other highly liquid
investments, which can be readily sold. In addition, the Corporation takes into account the overall
historical liability settlement pattern and the historical cash in-flows as a basis to broadly define
diversification and duration characteristics of the investment portfolio. The following table
summarizes the maturity profile of the Corporation’s fixed-income investments by contractual
maturity or expected cash flow dates:
($ T HOUSANDS)
Within
One Year
One Year
to Five Years
After
Five Years Total
March 31, 2023
Bonds
Canadian
Federal -$ 2,985,409$ -$ 2,985,409$
Provincial - 1,179,487 - 1,179,487
Corporate 355,473 2,236,805 122,899 2,715,177
Total bonds 355,473 6,401,701 122,899 6,880,073
Mort gages 7,944 54,809 - 62,753
363,417$ 6,456,510$ 122,899$ 6,942,826$
March 31, 2022
Bonds
Canadian
Federal 81,962$ 2,612,836$ -$ 2,694,798$
Provincial 2 1,817,541 - 1,817,543
Corporate 182,566 2,334,186 410,936 2,927,688
Total bonds 264,530 6,764,563 410,936 7,440,029
Mort gages 174,835 237,290 - 412,125
439,365$ 7,001,853$ 410,936$ 7,852,154$
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Currency risk
Currency risk is the risk that the fair value or future cash flows of a financial instrument will
fluctuate because of changes in foreign exchange rates.
The Corporation has direct foreign exchange risk on its US pooled fund investments. A 10%
change in the US exchange rate as at March 31, 2023 would change the fair value of the US
pooled fund investments and result in a change to OCI of approximately $31.4 million
(2022 – $20.1 million) and to profit or loss of $11.9 million (2022 – $22.1 million). However,
this is mitigated by the use of forward contracts and swaps (note 7a). The Corporation does not
have direct foreign exchange risk on its global equity, global real estate, mortgage funds, and
infrastructure & renewable resources investments; however, the Corporation is exposed to
indirect foreign exchange risk.
The Corporation has policies in place to limit and monitor its exposure to currency risks.
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11. Investment Income and Impairment Loss
As at March 31, 2023, the ‘Net change in available for sale financial assets’ portion of
other components of equity is comprised of $365.6 million (2022 – $387.5 million) in unrealized
gains and $260.1 million (2022 – $520.9 million) in unrealized losses.
($ T HOUSANDS)
2023 2022
Interest
Fixed-income investments 368,350$ 231,792$
Equity investments 16,002 9,049
384,352 240,841
Gains (losses) on investments
Fixed-income investments (280,513) (82,862)
Equity investments 89,749 401,379
Other financial investments (52,005) 37,015
Net unrealized fair value changes
1
(70,934) (449)
(313,703) 355,083
Dividends, distributions and other income
Equity investments 126,580 681,084
Other financial investments 205,603 107,208
Income from investment properties 7,876 17,411
Investment management fees (33,683) (28,582)
Other 23,649 51,180
330,025 828,301
Total investment income 400,674$ 1,424,225$
1
Includes changes in unrealized foreign exchange gains and losses on FVTPL assets
($ T HOUSANDS)
2023 2022
Amounts recognized in investment income for investment properties
Rental income 54,309$ 67,380$
Direct operating expenses that generated rental income (45,541) (47,696)
Direct operating expenses that did not generate rental income (892) (2,273)
Income from investment properties 7,876 17,411
Gain on sale of investment properties 69,567 67,259
Total amount recognized in investment income 77,443$ 84,670$
($ T HOUSANDS)
2023 2022
Impairment loss - financial investments 321,454$ 5,089$
Impairment loss - investment properties 5,477 1,106
Total impairment loss 326,931$ 6,195$
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12. Property and Equipment
The balances in property and equipment include $7.2 million (2022 – $21.6 million) in assets under
development.
($ T HOUSANDS)
Lan d Buildings
Furniture &
Equipme nt
Leasehold
Improvements
Total
March 31, 2023
Cost
Balance, beginning of year 30,699$ 182,518$ 135,901$ 28,001$ 377,119$
Addit ions - 923 10,004 2,058 12,985
Disposals (251) (4,719) (22,581) (8) (27,559)
Balance, end of year 30,448 178,722 123,324 30,051 362,545
Accumulated depreciation
Balance, beginning of year - 156,141 94,155 16,237 266,533
Disposals - (4,311) (22,579) (5) (26,895)
Depreciation charge for the year - 2,304 10,356 2,736 15,396
Balance, end of year - 154,134 81,932 18,968 255,034
Net book value, end of year 30,448$ 24,588$ 41,392$ 11,083$ 107,511$
March 31, 2022
Cost
Balance, beginning of year 30,699$ 181,614$ 119,186$ 27,678$ 359,177$
Addit ions - 904 22,465 735 24,104
Disposals - - (5,750) (412) (6,162)
Balance, end of year 30,699 182,518 135,901 28,001 377,119
Accumulated depreciation
Balance, beginning of year - 153,514 89,307 13,818 256,639
Disposals - - (5,750) (352) (6,102)
Depreciation charge for the year - 2,627 10,598 2,771 15,996
Balance, end of year - 156,141 94,155 16,237 266,533
Net book value, end of year 30,699$ 26,377$ 41,746$ 11,764$ 110,586$
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13. Lease Assets
14. Intangible Assets
($ T HOUSANDS)
Leased
Facilities
Leased
Equi pme n t
Leased
Computer
Hardware
Leased
Computer Software
Intangibles
Total
March 31, 2023
Cost
Balance, beginning of year 62,812$ 2,805$ 4,051$ 28,796$ 98,464$
Addit ions 10,882 65 1,824 - 12,771
Disposals (205) (68) - - (273)
Balance, end of year 73,489 2,802 5,875 28,796 110,962
Accumulated depreciation
Balance, beginning of year 23,953 2,739 1,232 14,334 42,258
Disposals (205) (43) - - (248)
Depreciation charge for the year 7,809 26 889 5,465 14,189
Balance, end of year 31,557 2,722 2,121 19,799 56,199
Net book value, end of year 41,932$ 80$ 3,754$ 8,997$ 54,763$
March 31, 2022
Cost
Balance, beginning of year 60,393$ 2,805$ 1,179$ 28,176$ 92,553$
Addit ions 2,512 - 2,872 1,197 6,581
Disposals (93) - - (577) (670)
Balance, end of year 62,812 2,805 4,051 28,796 98,464
Accumulated depreciation
Balance, beginning of year 15,822 2,669 614 9,164 28,269
Disposals (32) - - (247) (279)
Depreciation charge for the year 8,163 70 618 5,417 14,268
Balance, end of year 23,953 2,739 1,232 14,334 42,258
Net book value, end of year 38,859$ 66$ 2,819$ 14,462$ 56,206$
($ T HOUSANDS)
2023 2022
Cost
Balance, beginning of year 562,455$ 548,278$
Addit ions 15,475 23,553
Disposals (6,568) (9,376)
Balance, end of year 571,362 562,455
Accumulated amortization
Balance, beginning of year 310,288 255,501
Disposals (6,568) (8,482)
Amortization charge for the year 63,445 63,269
Balance, end of year 367,165 310,288
Net book value, end of year 204,197$ 252,167$
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The Corporation’s intangible assets consist of externally purchased software and any
directly
attributable costs required to bring the software to a condition where it is available for use.
The balance of intangible assets includes $10.1 million (2022 – $9.4 million) in assets under
development.
There were no indefinite life intangible assets as at March 31, 2023 and March 31, 2022.
15. Provision for Unpaid Claims
a) Actuarial methods and assumptions
The Corporation typically employs three standard actuarial methods to analyze the ultimate claims
costs, augmented by more in-depth analyses as needed:
The incurred development method;
The paid development method; and
The Bornhuetter-Ferguson method.
The standard methods call for a review of historical loss and count development patterns. As part
of this review, the Corporation calculates loss and count development factors, which represent the
period-to-period changes in a given loss year’s incurred loss amount. Based on an examination of
the loss development factors, the Corporation’s Chief Actuary selects a best estimate of
development factors that forecast future loss development.
A key assumption that the loss and count development factors rely on is a selected baseline. The
baseline for the majority of the coverages is the average of the most recent four loss years. The use
of a baseline helps maintain consistency in the loss and count development factors from one
reserve review to another. Circumstances may arise when the standard methods are no longer
appropriate to use. In these cases, and in accordance with accepted actuarial practice, modifications
to the methods are made or alternative methods are employed that are specific and appropriate to
the circumstances. Circumstances may include a change in the insurance product or claims
settlement environment, a change in the handling or reserving of claims, or an emerging trend in
the statistical data used in the analysis.
Because of the change in insurance coverages provided following the introduction of Enhanced
Care on May 1, 2021, there is limited direct historical information available for some of the
coverages currently provided. Where possible, appropriate historical claims data has been selected
to supplement the data for each coverage, for example by separating claims that occurred within
and outside of British Columbia, and accounting for hit-and-run and non-vehicle damage liability
claims.
An additional method is employed to address the particularly complex injury claims environment,
which includes shifts in the legal representation rate, the frequency mix of claims by severity of
injury, and the settlement rate of claims. This additional method uses legal status and claim severity
to separate bodily injury claims data into segments of similar complexity and is based on the Adler-
Kline claim closure model. It has allowed the Corporation’s Chief Actuary to capture changes in
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the claim settlement rates within each segment, and changes in the mix of claims by segment,
which impacts the bodily injury severity trend rate. Within this segmented analysis, the approach
taken to estimate the number of large bodily injury claims was changed, in order to account for
shifts in the emergence of these claims and an increase in the number of pending claims from older
years. The new approach makes use of assumptions relating to the number of large bodily injury
claims that will emerge as a proportion of the pending legal-based claims at each age. This
represents a change from last year, where the number of large bodily injury claims was estimated
based on a development approach.
The cost of injury claims associated with accidents occurring on or after April 1, 2019 but before
May 1, 2021, are estimated from the methods described above. Severity estimates for bodily injury
represented claims and accident benefits claims also make use of assumptions consistent with the
pricing model used to establish the premium rate for policies in effect at the time, which includes
assumptions about classification of injuries as minor or non-minor, classification of costs by heads
(categories) of damages, and classification of claims by size and legal complexity.
An additional method is used to estimate the severity of enhanced accident benefits claims,
associated with accidents occurring on or after May 1, 2021. These claims fall under a new
insurance model (note 3h), and are therefore expected to follow different patterns from the
historical loss and count development patterns on which the three standard methods rely. The
additional method uses assumptions for the severity of these claims that are consistent with the
pricing model used to establish the premium rate for policies effective May 1, 2021, and with
additional relevant information regarding inflation expectations and claim severity from other
jurisdictions with similar products.
An additional method has been applied to estimate the cost of basic vehicle damage claims and
optional collision and comprehensive claims. The Corporation has observed a high rate of growth
in the average cost of repair and total loss claims in the current fiscal year, concurrent with some
delay in the ability of repair facilities to complete repairs, which affects the timing and
development of losses. The additional method is based on the development of paid severities.
The timing of when the unpaid ultimate claims costs will be paid depends on the line of business.
Injury claims generally take longer to settle than material damage claims and exhibit greater
variability as to the timing and amount ultimately paid to settle a claim. Historical patterns of
claims payment data are used to estimate the future claims payment pattern. Expected future paid
amounts are then discounted, using the discounted cash flow method, to determine a present value
as of the reporting date. The discount rate is based upon the expected return on the Corporation’s
current investment portfolio, the expected asset default risk of its investment portfolio, and
assumptions for interest rates relating to reinvestment of maturing investments. These estimates
are based on current market returns as well as expectations about future economic and financial
developments.
A PfAD is then added to the estimate to recognize sources of uncertainty in the assumptions behind
the provision for unpaid claims (note 3c). The PfAD is calculated according to accepted actuarial
practice in Canada.
Changes in Assumptions
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Discount rate
The Corporation discounts its provision for unpaid claims using a discount rate of 4.7%
(2022 – 3.7%). As a result of the increase in the discount rate, there was a favourable adjustment
to both current and prior years’ unpaid claims provision of $359.8 million (2022 – favourable
adjustment of $403.2 million).
Change in loss development assumptions
Actuarial assumptions pertaining to loss and count development for all coverages were reviewed
and revised in light of an additional year of actual experience. There were several material changes
in development assumptions.
The Corporation has observed an increase in the average time from when a vehicle damage claim
is reported to when the vehicle is repaired, or a total loss settlement is made. A significant factor
in this increase is the disruption in supply chains related to the economic impacts of the COVID-
19 global pandemic. In response, claims development assumptions for vehicle damage claims have
been adjusted to reflect that these claims are expected to be paid out over a longer time period than
has been the case over the baseline period. This represents a change from fiscal year 2022, where
the corresponding development assumptions relied primarily on baseline assumptions. The change
in assumptions to reflect the increased time to pay vehicle damage claims has increased the
provision for unpaid claims by $263.8 million, holding all other assumptions constant.
The number of large bodily injury claims within the bodily injury segmented analysis is now based
on assumptions relating to the number of large bodily injury claims that will emerge as a proportion
of the pending legal-based claims at each age. The initial assumptions established under this
approach reflect that relatively more large claims remain to be recognized in the future, from the
higher level of pending claims from older years. This change in approach for large bodily injury
claims has the effect of increasing the provision for unpaid claims by $782.2 million.
The Corporation continues to gain experience on enhanced accident benefits claims and to assess
to what extent British Columbia claims data may be appropriately used in the loss development
process. In fiscal year 2023, the Corporation has made two significant changes in relation to the
estimation of claims costs under the Enhanced Disability sub-coverage.
The development of Enhanced Disability claim counts occurring in fiscal year 2022 (the first year
under Enhanced Care) was observed to be significantly lower than originally assumed in the period
beyond the end of the year. For current year claims, the development assumption has been revised
to rely on the fiscal year 2022 experience. This change has reduced the provision for unpaid claims
by $61.9 million, holding all other assumptions constant.
The development of Enhanced Disability claim costs relies on an assumption for the amount of
claimants’ benefits that will be paid by other insurers. This assumption was originally estimated
from external information, but has now been established based on recorded claims data. This
change has resulted in lower Enhanced Accident Benefit – Enhanced Disability severities with the
effect of lowering the provision for unpaid claims by $79.7 million, holding all other assumptions
constant.
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A civil claim was filed in April 2019 against the Province of B.C. regarding legislation
amendments over the Corporation’s Basic insurance product that became effective on April 1,
2019 (note 3g). Early on, the plaintiffs bifurcated the challenge of the CRT’s jurisdiction and the
challenge to the minor injury legislation. The legislation providing jurisdiction to the CRT to hear
minor injury claims was ruled unconstitutional in March 2021 but the decision was appealed
successfully in May 2022 which resulted in a favourable impact on the Corporation’s provision of
unpaid claims and recorded in fiscal year 2022. In July 2022, the plaintiffs filed leave to appeal to
the Supreme Court of Canada (SCC). On December 22, 2022, the SCC denied the plaintiff’s leave
to appeal and the Court of Appeal’s decision is final. This means that the CRT is able to determine
whether an injury is a minor injury and, if so, determine liability and damages for minor injury
claims. The dismissal of the appeal by the SCC put an end to the challenge of the CRT’s
jurisdiction. Although the challenge to the minor injury legislation was not resolved, the
Corporation have assessed the likelihood of a remaining challenge to the minor injury legislation
as remote.
b) Sensitivity Analysis
The sensitivity to significant assumptions is outlined below. The analysis is performed for possible
changes in the assumptions with all other assumptions held constant, showing the impact on the
provision for unpaid claims and net income in the table below. Movements in these assumptions
may be non-linear and may be correlated with one another.
($ T HOUSANDS)
2023 2022
Assumption Sensitivity
Discount rate
+ 1ppt
1
(354,400)$ (370,000)$
Discount rate - 1ppt 394,100$ 405,600$
Inflation impact on unpaid claims + 1 ppt 184,300$ 191,900$
Future emergence of large bodily injury claims + 10% 401,300$ 419,400$
Severity of unpaid bodily injury claims + 10% 936,900$ 1,071,600$
Severity of unpaid Enhanced Accident Benefit claims + 10% 223,300$ 128,500$
Severity of unpaid Material Damages claims + 10% 85,000$ 41,600$
1
ppt = percentage point
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c) Provision for Unpaid Claims
The movements in the provision for unpaid claims and reinsurance recoveries and their impact on
claims incurred for the year are as follows:
($ T HOUSANDS)
Gross
Reinsurance
Recoverable
Net Gross
Reinsurance
Recoverable
Net
Notified claims 7,689,689$ (41,544)$ 7,648,145$ 9,138,114$ (25,963)$ 9,112,151$
Incurred but not reported
1
6,014,465 - 6,014,465 6,382,140 - 6,382,140
Balance, beginning of year
13,704,154 (41,544) 13,662,610 15,520,254 (25,963) 15,494,291
Change in liabilities (assets):
Provision for claims incurred in the
current year
3,701,763 - 3,701,763 2,931,474 (9,393) 2,922,081
Change in estimates for losses
incurred in prior years:
Prior years' claims adjustments 646,166 (3,821) 642,345 (28,952) (8,064) (37,016)
Prior years' changes in discounting
provision
(224,134) 833 (223,301) (393,320) 399 (392,921)
422,032 (2,988) 419,044 (422,272) (7,665) (429,937)
Net claims incurred per consolidated
statement of comprehensive income
4,123,795 (2,988) 4,120,807 2,509,202 (17,058) 2,492,144
Cash (paid) recovered for claims
settled in the year for:
Claims incurred in current year (1,858,518) - (1,858,518) (1,625,583) - (1,625,583)
Recoveries received on current year
claims
148,127 - 148,127 145,999 - 145,999
(1,710,391) - (1,710,391) (1,479,584) - (1,479,584)
Claims incurred in prior years (3,146,258) - (3,146,258) (2,888,132) - (2,888,132)
Recoveries received on prior years'
claims
62,075 12,149 74,224 42,414 1,477 43,891
(3,084,183) 12,149 (3,072,034) (2,845,718) 1,477 (2,844,241)
Total net payments (4,794,574) 12,149 (4,782,425) (4,325,302) 1,477 (4,323,825)
Balance, end of year
13,033,375$ (32,383)$ 13,000,992$ 13,704,154$ (41,544)$ 13,662,610$
Notified claims 6,917,567$ (32,383)$ 6,885,184$ 7,689,689$ (41,544)$ 7,648,145$
Incurred but not reported
1
6,115,808 - 6,115,808 6,014,465 - 6,014,465
Balance, end of year
13,033,375$ (32,383)$ 13,000,992$ 13,704,154$ (41,544)$ 13,662,610$
1
Includes future development on known claims and loss adjustment expenses
2023
2022
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The following table shows the effect of discounting and PfADs on the provision for unpaid claims:
d) Claims development table
The top half of the table illustrates how the Corporation’s estimate of total undiscounted claims
costs for each loss year has changed at successive year-ends. The bottom half of the table
reconciles the cumulative claims to the amount appearing in the consolidated statement of financial
position.
As a result of the change in year-end in fiscal 2017, there are two claims development tables: one
as at March 31, 2023 and one as at December 31, 2015. The Corporation changed from a
December 31 to a March 31 year end in fiscal 2017, and therefore there are seven years of historical
data in the first table as at March 31, 2023.
Claims development table as at March 31, 2023:
($ T HOUSANDS)
Undiscounted
Effect of
Present Value
PfADs Discounted
March 31, 2023
Provision for unpaid claims, net 13,205,534$ (1,904,245)$ 1,699,703$ 13,000,992$
Reinsurance recoverable 31,593 (3,636) 4,426 32,383
Provision for unpaid claims, gross 13,237,127$ (1,907,881)$ 1,704,129$ 13,033,375$
March 31, 2022
Provision for unpaid claims, net 13,386,331$ (1,421,594)$ 1,697,873$ 13,662,610$
Reinsurance recoverable 39,924 (2,905) 4,525 41,544
Provision for unpaid claims, gross 13,426,255$ (1,424,499)$ 1,702,398$ 13,704,154$
($ THOUSANDS)
Fiscal Loss Year* 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Total
Estimate of undiscounted
ultimate claims costs:
- At end of fiscal loss year - - - 4,372,966$ 4,968,820$ 5,208,101$ 4,524,433$ 3,376,605$ 3,382,219$ 3,865,616$
- One y ear later - - 4,037,775$ 4,529,126 5,229,618 5,312,311 4,155,162 3,169,382 3,298,887 -
- Two years later - 3,695,574$ 4,184,489 4,762,695 5,490,881 5,326,839 4,118,627 2,895,013 - -
- Three y ears lat er 3,313,949$ 3,757,390 4,450,883 5,015,000 5,483,201 5,410,875 3,864,190 - - -
- Four y ears lat er 3,432,710 3,960,331 4,595,394 4,948,037 5,516,400 5,771,575 - - - -
- Five y ears later 3,591,481 4,072,014 4,581,417 4,964,606 5,905,928 - - - - -
- Six years later 3,633,106 4,047,419 4,627,181 5,213,142 - - - - - -
- Seven years later 3,625,490 4,045,981 4,734,545 - - - - - - -
- Eight y ears later 3,647,116 4,094,782 - - - - - - - -
- Nine y ears later 3,688,575 - - - - - - - - -
Current estimate
of cumulative claims
3,688,575 4,094,782 4,734,545 5,213,142 5,905,928 5,771,575 3,864,190 2,895,013 3,298,887 3,865,616 43,332,253
Cumulative
pay ments to date
(3,550,997) (3,799,777) (4,223,514) (4,251,505) (4,056,127) (3,262,903) (2,373,237) (1,808,775) (2,130,825) (1,710,391) (31,168,051)
Undiscounted provision for
unpaid claims
137,578$ 295,005$ 511,031$ 961,637$ 1,849,801$ 2,508,672$ 1,490,953$ 1,086,238$ 1,168,062$ 2,155,225$ 12,164,202$
258,482$
814,443
13,237,127$
Discounting and PfAD adjustment (203,752)
Total discounted provision for unpaid claims (gross) 13,033,375$
*Fiscal Loss Year refers to the year ended March 31
Total undiscounted provision for unpaid claims
Undiscounted provision for unpaid claims in respect of 2013 and prior years
Undiscounted unallocated loss adjustment expense reserve
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The table above reflects the total discounted provision for unpaid claims of $13.03 billion (2022
– $13.7 billion) before the amount for reinsurance recoverable. The total discounted provision for
unpaid claims after the amount for reinsurance recoverable of $0.03 billion
(2022 – $0.04 billion) would be $13.00 billion (2022 – $13.66 billion). The cumulative payments
of fiscal loss year 2023 for the year ended March 31, 2023 are $1.71 billion (2022 – $1.48 billion).
The history for three prior periods ending December 31 is shown in the below claims development
table as at December 31, 2015 due to the Corporation’s change in year end in fiscal 2017:
The expected maturity of the provision for unpaid claims is analyzed below (undiscounted and
gross of reinsurance):
The unpaid claims for future payment years except for the current year is $8.94 billion
(2022 – $9.62 billion).
The weighted-average term to settlement of the discounted provision for unpaid claims as at
March 31, 2023 is 2.8 years (2022 – 2.8 years).
16. Unearned Premiums
All unearned premiums are earned within 12 months of the reporting date. The movements in
unearned premiums net of reinsurance and the impact on premiums earned for the year are as
follows:
($ T HOUSANDS)
Accident Year
2013 2014 2015
Estimate of undiscounted
ultimate claims costs:
- At end of accident year 3,146,388$ 3,372,304$ 3,765,040$
- One year later 3,194,080 3,518,858 -
- T wo years later 3,200,324 - -
($ T HOUSANDS)
Less than
O ne Ye ar
One to
Two Years
Tw o t o
Three Years
Three to
Four Years
Four to
Fi ve Ye a rs
O ve r Fi ve
Years
Total
March 31, 2023
4,298,305$ 2,632,441$ 1,821,372$ 1,157,010$ 701,802$ 2,626,197$ 13,237,127$
March 31, 2022
3,804,457$ 2,852,081$ 2,186,462$ 1,508,783$ 929,311$ 2,145,161$ 13,426,255$
($ T HOUSANDS)
2023 2022
Balance, beginning of year 2,443,055$ 2,396,658$
Premiums written net of premium rebates/refunds during the year 5,428,854 4,830,110
Premiums earned net of premium rebates/refunds during the year (5,290,171) (4,783,713)
Balance, end of year 2,581,738$ 2,443,055$
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Net premium written before rebates/refunds (note 7) includes $10.0 million (2022 – $10.7 million)
of temporary operation permit policy, $37.6 million (2022 – $36.9 million) of garage policy and
$647.8 million (2022 – $586.0 million) of fleet policy.
17. Reinsurance
The Corporation maintains casualty and catastrophe reinsurance to protect against significant
losses.
The Corporation entered into one year casualty and catastrophe reinsurance contracts beginning
January 1, 2023 and 2022 as follows:
a) For individual catastrophic occurrences, portions of losses up to $275.0 million (2022 –
$275.0 million) in excess of $50.0 million (2022 – $25.0 million); and
b) For individual casualty loss occurrences, portions of losses up to $44.0 million
(2022 – $44.0 million) in excess of $6.0 million (2022 – $6.0 million).
These reinsurance arrangements do not discharge the Corporation’s obligation as primary insurer.
The Corporation evaluates the financial condition of its reinsurers to minimize the exposure to
significant loss from reinsurer insolvency.
18. Pension and Post-Retirement Benefits
Plan information
The Corporation sponsors a defined benefit registered pension plan for its current and former
management and confidential employees (the Management and Confidential Plan). Subject to the
terms of the plan, the Management and Confidential Plan provides benefits to members based on
their length of service and eligible earnings in the best five years of plan membership. Employees
are required to contribute to the Management and Confidential Plan. Effective January 1, 2019, all
Management and Confidential employees contribute 50% of the current cost benefits.
In addition, the Corporation sponsors two supplemental pension plans for certain employees. The
Corporation is the legal administrator of the Management and Confidential Plan and the two
supplemental pension plans. Subject to the terms of the plans, pensions are indexed in line with
increases in the Consumer Price Index (CPI) up to fixed or sustainable maximums for certain
periods of service.
The Corporation also contributes to two other defined benefit pension plans for which it is not the
sole sponsor. Current and former employees of the Corporation who are or were members of the
Movement of United Professionals are members of the MoveUP/Insurance Corporation of British
Columbia Pension Plan (MoveUP Plan). Half of the Trustees of the MoveUP Plan are appointed
by the Corporation and the other half by MoveUP. The Board of Trustees of the MoveUP Plan is
the legal plan administrator. The MoveUP Plan provides benefits to members based on their length
of service and eligible earnings in the best five years of plan membership. MoveUP employees are
required to contribute 50% of the cost of benefits to the MoveUP Plan. Subject to the terms of the
plan, pensions are indexed in line with increases in the CPI. The Corporation’s former Motor
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Vehicle Branch employees participate in the BC Public Service Pension Plan. The Corporation has
no fiduciary responsibility for, or role in the governance of, the MoveUP Plan or the BC Public
Service Pension Plan.
The Management and Confidential Plan, MoveUP Plan, and the BC Public Service Pension Plan
are subject to the statutory requirements (including minimum funding requirements) of the
British Columbia Pension Benefits Standards Act (PBSA) and the Income Tax Act (Canada). Each
plan’s pace of funding is set out in their respective funding policies.
The Corporation pays life insurance premiums, extended healthcare, and dental costs as post-
retirement benefits for its qualifying retirees. The benefits are not prefunded. Benefit entitlements
differ for management and confidential and bargaining unit employees, as stated within the terms
of the plans.
The Corporation measures its defined benefit obligations and the fair value of plan assets for
accounting purposes at the end of the Corporation’s fiscal year. Defined benefit obligations are
extrapolated from the most recent actuarial valuation date for each of the plans. The Management
and Confidential Plan and the MoveUP Plan actuarial valuations are as at December 31, 2021 and
the post-retirement benefits actuarial valuation is as at January 1, 2022. Updated actuarial
valuations for the Management and Confidential Plan and the MoveUP Plan are expected to be no
later than December 31, 2024. These results will be reflected in the financial statements in the year
immediately following their preparation.
On its consolidated statement of financial position, the Corporation does not recognize its portion
of any surplus assets held by the MoveUP Plan because it cannot realize a future economic benefit
in respect of those assets.
An additional liability may be recognized in some instances if minimum future funding
requirements are expected to generate a future surplus. These instances are ones where the
Corporation would not be able to access or realize a future economic benefit from the future
surplus. The Corporation has determined that no additional liability is required to be recognized in
respect of solvency funding payments made to the Management and Confidential Plan. This is
because the British Columbia PBSA permits the Corporation to secure these payments with a letter
of credit in lieu of cash solvency payments or to deposit them in the Plan’s Solvency Reserve
Account (SRA), for which any surpluses in this account would ultimately be refundable to the
Corporation. Furthermore, the Corporation may realize an economic benefit related to future
current service cost, in respect of the Corporation, exceeding minimum funding requirements.
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The weighted-average durations of the pension plans and post-retirement benefits are shown
below, along with the approximate proportions of the defined benefit obligation by membership
category:
Since pensions are adjusted to changes in the CPI, the pension plans are exposed to changes in
levels and volatility in Canada’s inflation rate.
In addition, the plans’ obligations are exposed to interest rate risk and changes in the life
expectancy for pensioners. As the plan assets include significant investments in quoted equity
shares, the Corporation is also exposed to equity market risk.
Contributions to all pension and post-retirement benefit plans
Total contributions for employee future benefits for 2023, consisting of cash contributed by the
Corporation to all of the funded pension plans and in respect of benefits paid from its unfunded
pension and post-retirement benefits, were $44.1 million (2022 – $43.3 million). Estimated
employer contributions for the year ending March 31, 2024 are $48.1 million. The estimate is
based on the plans’ most recent actuarial funding valuations.
As at March 31, 2023, the Corporation secured certain solvency funding requirements through
payments made into the SRA totalling $0.2 million (2022 – $ 0.5 million). The SRA is a separate
account, established to hold solvency and transfer deficiency payments made under a defined
benefit component of a pension plan. The only funds that may be deposited to the SRA are
payments made in respect of a solvency deficiency.
2023 2022 2023 2022
Weighted-average duration
18 years 20 years 13 years 14 years
Proportion of obligation in respect of:
- Active members
44.2% 48.3% 40.8% 38.4%
- Deferred members
6.9% 7.5% 0.0% 0.0%
- Retired members
48.9% 44.2% 59.2% 61.6%
Pension Plans
Post-Retirement Benefits
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Financial information
These consolidated financial statements include the assets and liabilities of all plans, excluding the
BC Public Service Pension Plan, sponsored by the Corporation. The amounts recorded on the
statement of financial position are as follows:
One of the pension plans is in a net asset position and, as a result, that plan is required to be reported
as an asset on the consolidated statement of financial position. The net total asset for all of the
Corporation’s pension plans and post-retirement benefits as at March 31, 2023 is $39.5 million
(2022 – $59.0 million asset), which is reflected in the consolidated statement of financial position
as a $202.7 million asset and a $163.2 million liability as illustrated in the table above.
($ T HOUSANDS)
2023 2022 2023 2022 2023 2022
Asse ts
Accrued pension benefits 202,685$ 245,213$ -$ -$ 202,685$ 245,213$
Liabilities
Pension and post-retirement benefits (24,977) (37,958) (138,184) (148,223) (163,161) (186,181)
Net total asset (liability)
177,708$ 207,255$ (138,184)$ (148,223)$ 39,524$ 59,032$
Pension Plans
Post-Retirement Benefits
Total
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Information regarding the pension plans and post-retirement benefits is as follows:
The net total expense for the pension plans and post-retirement benefits is $66.4 million
(2022 – $101.1 million). In addition, the Corporation contributed $0.3 million in 2023 (2022
– $0.3 million) to the BC Public Service Pension Plan.
($ T HOUSANDS)
2023 2022 2023 2022
Plan assets
Fair value, beginning of year 2,847,487$ 2,736,804$ -$ -$
Interest on plan assets
116,606 90,200 - -
Actuarial (loss) gain on assets
(124,188) 41,403 - -
Employer contributions
38,175 37,838 5,922 5,432
Employee contributions
36,687 36,249 - -
Benefits paid
(103,414) (94,407) (5,922) (5,432)
Non-investment expenses
(900) (600) - -
Fair value, end of year
2,810,453 2,847,487 - -
Defined benefit obligation
Balance, beginning of year
2,640,232 2,922,394 148,223 182,612
Current service cost
94,679 115,569 7,428 6,268
Interest cost
110,486 98,935 6,214 6,143
Remeasurements on obligation
- due to changes in financial assumptions
(228,890) (402,341) (20,058) (41,368)
- due to changes in demographic assumptions
- - (1,343) -
- due to participant experience
28,743 82 3,642 -
Benefits paid
(103,414) (94,407) (5,922) (5,432)
Balance, end of year
2,541,836 2,640,232 138,184 148,223
Funded status – plans in deficit
(24,977) (37,958) (138,184) (148,223)
Funded status – plan in surplus
293,594 245,213 - -
Funding surplus (deficit)
268,617 207,255 (138,184) (148,223)
Impact of surplus derecognition
(90,909) - - -
Net total asset (liability)
177,708$ 207,255$ (138,184)$ (148,223)$
Pension Plans
Post-Retirement Benefits
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Assets
The pension plans’ assets consist of:
All bonds have quoted prices in active markets and all bonds are rated from BBB to AAA, based
on rating agency ratings. All equity securities other than infrastructure, real estate and mezzanine
debt funds have quoted prices in active markets.
Pension plan assets generated a return of -0.3% (2022 – 4.8%) for the year ended March 31, 2023.
For the Management and Confidential Plan, the administrator compares the investment
performance of the fund against the median investment performance of a peer group of comparable
pension funds at least quarterly. In addition, there are monthly and quarterly asset allocation
reviews performed to ensure compliance with investment policies. For the MoveUP Plan, the long-
term objective is to obtain an investment return that will exceed the investment return assumption
used in the actuarial valuation and to provide positive real growth. The Trustees have outsourced
the Chief Investment Officer (CIO) who reviews the fund managers’ performance on a quarterly
basis. The outsourced CIO invests funds based on the Trustees’ approved Statement of Investment
Policy.
As at March 31, 2023 and March 31, 2022, the Corporation’s pension plans did not hold any of
the Corporation’s securities or assets nor were any of the plans’ assets used by the Corporation
during these years.
2023 2022
Cash, cash equivalent and accrued interest 1.5% 0.3%
Fixed-income investments
Money market securities 1.0% 0.8%
Bond funds
7.5% 6.7%
Government bonds 10.7% 11.4%
Corporate bonds 6.5% 7.6%
Mort gage funds
0.2% 0.0%
Mort gages 0.3% 0.3%
Equity investments
Domest ic 5.3% 7.5%
Glo bal 36.0% 38.5%
Other financial investments
Domestic real estate 8.6% 8.6%
Global real estate 7.7% 7.3%
Global infrastructure 4.7% 4.0%
Global Mezzanine debt 1.0% 1.5%
Private assets 9.0% 5.5%
100.0% 100.0%
Percentage of Plan Assets
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Assumptions
The significant actuarial assumptions adopted in measuring the Corporation’s defined benefit
obligation are as follows (weighted-average assumptions):
Mortality assumptions are significant in measuring the obligations under the defined benefit plans.
Future longevity improvements have been considered and included where appropriate. The
following table summarizes the life expectancy for members, in years, based on the mortality
assumption used:
As at March 31, 2023, the extended healthcare trend rate is assumed to be 4.7% per annum for the
first year, changing over seventeen years to 4.1% per annum thereafter. As at March 31, 2022, the
extended healthcare trend rate is assumed to be 6.0% per annum for the first year, decreasing
linearly over six years to 4.5% per annum thereafter.
The Plans’ sensitivity to significant assumptions is shown below:
The sensitivity to the significant assumptions has been determined assuming all other assumptions
remain unchanged. If multiple assumptions were to change at the same time, there may be
correlations between assumptions that could result in different impacts than simply adding the
individual sensitivities above.
2023 2022 2023 2022
Discount rate 5.04% 4.11% 4.99% 4.07%
Rate of compensation increase 3.02% 2.77% n/a n/a
Pension inflation rate 2.00% 1.75% n/a n/a
Pension Plans
Post-Retirement Benefits
24.0
25.3
23.9
25.3
2023
2022
Life expectancy at 65 for a member currently
Life expectancy at 65 for a member currently
Age 65
Age 45
Age 65
Age 45
($ T HOUSANDS)
2023 2022 2023 2022
Estimated increase in defined benefit obligation - end of year due to:
1ppt
1
decrease in discount rate $ 452,415 $ 518,442
17,824$ 21,296$
1ppt increase in salary increase rate $ 70,087 $ 84,888
n/a n/a
1ppt increase in pension inflation rate $ 345,824 $ 385,089
n/a n/a
1ppt increase in healthcare trend rate n/a n/a
7,308$ 8,651$
1 year increase in life expectancy $ 69,090 $ 76,872
2,506$ 2,909$
1
ppt = percentage point
Pension Plans
Post-Retirement Benefits
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19. Operating Expenses by Nature
($ T HOUSANDS)
2023 2022
Operating expenses – by nature
Premium taxes and commission expense (note 20) 666,345$ 690,890$
Employee benefit expense:
Compensation and other employee benefits 519,360 496,670
Pension and post-retirement benefits (note 18) 66,719 101,397
Professional and other services 40,447 44,785
Road improvements and other traffic safety programs 31,125 33,624
Building operating expenses 26,905 24,166
Merchant and bank fees 42,879 39,424
Office supplies and postage 22,717 24,041
Computer costs 36,066 35,218
Depreciation and amortization (notes 12 and 14) 78,841 79,265
Depreciation for leased assets (note 13) 14,189 14,268
Interest expense on lease liabilities 2,053 1,924
Other 34,736 36,332
1,582,382$ 1,622,004$
Operating expenses – consolidated statement of comprehensive income
Premium taxes and commissions – insurance 629,476$ 654,393$
Claims services 431,813 448,885
Operating expenses – insurance 300,203 302,425
Operating expenses – non-insurance 134,551 124,500
Road safety and loss management services 49,470 55,304
Commissions – non-insurance 36,869 36,497
1,582,382$ 1,622,004$
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20. Deferred Premium Acquisition Costs and Prepaids
The premium tax and commission expenses reflected in the consolidated statement of
comprehensive income are as follows:
21. Related Party Transactions
ICBC is a wholly-owned Crown corporation of the Province of B.C.
All transactions with the Province of B.C.’s ministries, agencies, and Crown corporations occurred
in the normal course of providing insurance, registration, and licensing for motor vehicles, which
is representative of fair value unless otherwise disclosed in these notes. The Corporation has
($ T HOUSANDS)
2023 2022
Deferred premium acquisition costs, beginning of year 285,383$ 340,542$
Acquisition costs related to future years 306,555 285,383
Amortization of prior year acquisition costs (285,383) (340,542)
Deferred premium acquisition costs, end of year
306,555$ 285,383$
Deferred premium acquisition costs 306,555$ 285,383$
Prepaid expenses 47,422 45,473
Deferred premium acquisition costs and prepaids
353,977$ 330,856$
($ T HOUSANDS)
Commissions Premium Taxes Total
March 31, 2023
Amount payable 443,421$ 244,096$ 687,517$
Amortization of prior year deferred premium acquisition costs 177,889 107,494 285,383
Deferred premium acquisition costs (192,958) (113,597) (306,555)
Premium taxes and commission expenses $ 428,352 $ 237,993 $ 666,345
Represented as:
Insurance $ 391,483 237,993$ 629,476$
Non-insurance 36,869 - 36,869
$ 428,352
237,993$ 666,345$
March 31, 2022
Amount payable 418,348$ 217,383$ 635,731$
Amortization of prior year deferred premium acquisition costs 235,089 105,453 340,542
Deferred premium acquisition costs (177,889) (107,494) (285,383)
Premium taxes and commission expenses $ 475,548 $ 215,342 $ 690,890
Represented as:
Insurance $ 439,051 215,342$ 654,393$
Non-insurance 36,497 - 36,497
$ 475,548
215,342$ 690,890$
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elected to apply the exemption for government-related entities under IAS 24 Related Party
Disclosures.
All transactions with the Corporation’s subsidiary companies occurred in the normal course of
investing in investment properties (note 2k), pooled funds and investment entities (note 6a).
The Corporation acts as an agent for the Ministry of Finance regarding the collection of provincial
taxes on imported and privately sold used vehicles and motor vehicle-related debts. The
Corporation is the sole provider of Basic insurance (note 1) in the Province of B.C. and, therefore,
insures, at market rates, vehicles owned or leased by the Province of B.C. and its controlled
entities. As a consequence of these relationships, the Corporation has, at any time, amounts owing
to or from various government departments or ministries in the ordinary course of business.
The Corporation is also responsible for collecting and remitting in full to the Province of B.C. all
driver license fees as well as vehicle-related fees for acquiring and distributing licence plates and
decals including permits and other fees and fines. These collections are not revenue to the
Corporation. The costs associated with the licensing and compliance activities conducted on behalf
of the Province of B.C. are borne by the Corporation. These collections on behalf of and payments
to the Province of B.C. are disclosed in the consolidated statement of comprehensive income under
non-insurance operations.
The Corporation has defined key management as members of the Board of Directors and
management employees at the Senior Director and equivalent level and above. The compensation
for key management is shown below:
As at March 31, 2023, $0.5 million (2022 – $0.6 million) was payable to key management.
The Corporation contributes to several defined benefit pension and post-retirement plans.
Transactions with these entities are disclosed in note 18. During the year ended March 31, 2023,
the Corporation incurred $2.5 million (2022 – $2.5 million) in administrative expenses and
investment governance fees on behalf of these plans interest-free. In addition, the Corporation
provides certain administrative and office services to the plans at no charge. As at March 31, 2023,
$1.4 million (2022 – $1.2 million) was payable to these plans for employer contributions.
22. Capital Management
The Corporation’s capital is comprised of retained earnings and other components of equity. The
Corporation’s objectives for managing capital are to maintain financial strength, including the
management of ongoing business risks and protection of its ability to meet the obligations to
policyholders and others.
($ T HOUSANDS)
2023 2022
Key management compensation
Compensation and other employee benefits 4,925$ 5,418$
Pension and post-retirement benefits 537 609
5,462$ 6,027$
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The Corporation operates two lines of insurance business, Basic and Optional. As prescribed in
Special Direction IC2 to the British Columbia Utilities Commission (Special Direction IC2) for
Basic insurance, and in line with federally regulated insurers competing for Optional insurance,
the Corporation has established capital targets based upon the capital management framework of
the Office of the Superintendent of Financial Institutions Canada (OSFI), and OSFI’s Guideline
for the minimum capital test (MCT). The MCT is a ratio of capital available to capital required,
and utilizes a risk-based formula to assess the capital adequacy, including financial risk and long-
term financial stability, of an insurance company. For the Basic insurance business, Special
Direction IC2 requires the Corporation to determine capital targets in accordance with a capital
management plan approved by the BCUC (note 24).
On February 26, 2018, the Province of B.C. amended Special Direction IC2 to suspend the
requirement for BCUC to fix rates to allow the Corporation to maintain at least 100% Basic MCT
up to and including fiscal year 2022 (or policy year 2021). In December 2020, the Province of
B.C. amended Special Direction IC2 to suspend the rate smoothing framework to allow a rate
decrease and enable a capital build provision for policy year 2021.
On December 12, 2022, Special Direction IC2 was amended to introduce a capital provision
requirement equal to 7.0% of required premium and to extend the suspension of the requirement
to maintain a Basic MCT ratio of at least 100%. Additionally, the rate smoothing framework was
repealed except for the requirement for the BCUC to fix rates in a manner that does not decrease
existing rates.
Accordingly, on December 15, 2022, the Corporation filed a revenue requirement application
proposing a 0.0% rate change for policy year 2023, which included a capital provision amount
equal to 7.0% of required premium.
For the Optional insurance business, the Corporation determined a capital management target that
is calculated based on the MCT guideline and the Guideline on Regulatory Capital and Internal
Targets issued by OSFI.
In fiscal year 2023, the Corporation’s capital was under pressure due to deteriorating investment
income and impairment of asset values. Claims costs also contributed unfavourably due to high
inflationary pressure, as well as adverse emergence of prior year bodily injury claims costs under
the legal-based model. The Corporation continues to benefit from product reforms (notes 3g and
3h) that contribute to the financial stability of the insurance system, and anticipates Basic capital
levels to be rebuilt over time as a result of the capital provision included in Basic rates.
23. Contingencies and Commitments
a) Structured settlements
Certain injury claims are settled through the use of various structured settlements which require
the Corporation to provide the claimant with periodic payments.
The Corporation purchases an annuity from an approved life insurance company to make these
payments. In the event the life insurance company fails in its obligation, the risk to the Corporation
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is mitigated as the claimant will continue to receive payments, up to certain limits, from a not-for-
profit organization that is funded by the insurance industry and designated by the Federal
Government under the Insurance Companies Act (Canada). The Corporation is only responsible
for making payments for the excess, if any, between the claimant’s annuity payments and the
payment from the not-for-profit organization. At present, three federally licensed life insurance
companies are used by the Corporation. The present value of these structured settlements as at
March 31, 2023 is approximately $0.94 billion (2022 – $1.08 billion), which are not recorded in
the consolidated financial statements of the Corporation. Management does not believe any
provision for credit risk is required in relation to these annuities as at March 31, 2023, as all utilized
life insurance companies are rated investment-grade and outstanding balances are backed by the
not-for-profit organization. The not-for-profit organization provides guarantees of up to $2,000 a
month or 85% of the promised monthly income benefit, whichever is higher. The Corporation’s
exposure to credit risk beyond the guarantee is insignificant. To date, the Corporation has not
experienced any losses resulting from these arrangements.
b) Other
The Corporation has committed to participating in the future funding of multiple investment
programs and the timing of the funding and related acquisition of investments is uncertain, as it is
dependent on appropriate investing opportunities identified by the investment manager:
In 2023, the Corporation is committed to invest $1.14 billion (2022 – $859.9 million) to a
global real estate program. As at March 31, 2023, $660.3 million (2022 – $544.8 million)
of the commitment was funded.
In 2023, the Corporation is committed to invest $915.1 million (2022 – $427.7 million) to
a renewable resources and infrastructure program. As at March 31, 2023, $811.1 million
(2022 – $388.7 million) of the commitment was funded.
In 2023, the Corporation is committed to invest $925.1 million (2022 – $321.8 million) to
a private debt pooled fund. As at March 31, 2023, $677.9 million (2022 – $140.7 million)
of the commitment was funded.
In 2023, the Corporation is committed to invest $1.11 billion (2022 – $661.8 million) to a
private equities program. As at March 31, 2023, $408.2 million (2022 – $174.6 million) of
the commitment was funded.
In 2023, the Corporation is committed to invest in $1.12 billion (2022 – $1.27 billion) to a
mortgage program. As at March 31, 2023, $796.0 million (2022 – 850.7 million) of the
commitment was funded.
In 2017, the Corporation made a commitment to invest $150.0 million USD in a limited partnership
for mezzanine debt over a period of 10 years. As at March 31, 2023, $92.0 million USD (2022 –
$90.3 million USD) of the commitment was funded.
In 2019, the Corporation committed to a five-year software services agreement totalling
$16.0 million, which was fully funded as at March 31, 2023 (2022 – $12.7 million of the
commitment was funded).
c) Pending Litigation
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A notice of civil claim was filed in March 2020 against the Corporation and the Province of B.C.
The proposed class action alleges the Corporation has been making payments to the provincial
Medical Services Plan contrary to law. It is further alleged that the payments have cost ratepayers
hundreds of millions of dollars, driving up insurance costs and have also caused accident victims
to receive fewer benefits. A certification hearing took place on April 26 to 28, 2021 and June 28
to 30, 2021. The presiding judge reserved the decision. During the hearing, the Judge was advised
of Bill 12, which has received Royal Assent and as a result, the Insurance (Vehicle) Act now
requires the Corporation to reimburse the government for costs of health-related services arising
out of vehicle accidents. These legislative amendments provide retroactive authorization to the
existing agreements. Despite this, the plaintiffs are taking the position that these amendments do
not prevent them from pursuing their allegation that
the agreements/legislation is an
unconstitutional tax.
The continuation of the certification hearing was heard on February 11, 2022.
The Court dismissed the application for certification of the ratepayer claim, but certified the class
action for the accident victim claim. In May 2022, both parties filed appeals. At this stage of the
proceedings, the probability of success on the accident victim claim cannot be determined and the
financial impact can vary depending on the outcome.
On August 13, 2021, a Petition was filed by the Trial Lawyers Association and individual plaintiffs
(who have personal injury actions against ICBC insureds) against the Attorney General of British
Columbia. The Corporation was not named in the Petition but the Corporation has standing on
behalf of our named insureds in the personal injury actions. The Petitioners sought to overturn the
provisions of the Disbursements and Expert Evidence Regulation, which placed restrictions on
recovery of disbursements in vehicle injury actions at 6% of a settlement or court award, subject
to limited exceptions. On July 8, 2022, the B.C. Supreme Court struck down section 5 of the
Disbursements and Expert Evidence Regulation. As a result of this decision, the Corporation has
included no savings in the provision for unpaid claims on account of the affected regulation in
fiscal year 2022. On July 12, 2022, the Attorney General of B.C. filed a notice of appeal of the
B.C. Supreme Court’s decision and the appeal was heard in January 2023 (Note 26).
On July 4, 2022, a claim was filed against the Attorney General of B.C. challenging Enhanced
Care. The claimants argue that the Enhanced Care legislation is a violation of equality rights under
s. 15 of the Canadian Charter of Rights and Freedoms and grants the CRT power that violates the
jurisdiction of the B.C. Supreme Court and as a result is unconstitutional. At this stage of the
proceeding, the probability of success cannot be determined.
24. Regulation over Basic Insurance
As discussed in note 1, the Corporation is subject to regulation by the BCUC. The BCUC has
jurisdiction over the Corporation’s rates and services for Basic insurance, and responsibility for
ensuring that the Basic insurance business does not subsidize the Corporation’s Optional insurance
business.
For the regulation of the Corporation’s Basic insurance rates, the BCUC is required to ensure that
the rates are just, reasonable, not unduly discriminatory, and not unduly preferential, including
that, rates are not based on age, gender or marital status.
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The BCUC is required to approve rates set on the basis of accepted actuarial practice, in a manner
that allows the Corporation to collect sufficient revenue to pay for costs allocated to the Basic
insurance line of business, to ensure that the Corporation has sufficient Basic insurance capital,
and to ensure that increases or decreases in rates are phased in, in a stable and predictable manner.
The BCUC initiates regulatory processes upon application by the Corporation but may also do so
on its own initiative. It may make use of a written proceedings, oral hearings, or negotiated
settlement processes to review applications and subsequently issue legally binding decisions. The
Corporation is required to reimburse a portion of the BCUC’s general operating expenses as well
as costs associated with each proceeding. The BCUC can also order the Corporation to reimburse
other proceeding participants for specified costs such as legal and expert witness fees.
As required by the regulatory framework, the Corporation maintains a Basic insurance capital
management plan that is reviewed and approved by the BCUC. Certain sections of the Basic
insurance capital management plan were superseded by the December 2022 amendments to
Special Direction IC2. The amendments defined the 2023 policy year as 24 months (April 1, 2023
to March 31, 2025), continued the suspension of the requirement for the BCUC to fix rates
necessitating the Corporation to maintain at least 100% Basic MCT for years up to and including
fiscal year 2025. The definition of the capital management plan was amended to remove the capital
build or release and maintenance provisions and replaced with a capital provision equal to an
amount of 7.0% of required premium. Further, the rate smoothing framework has been repealed,
except for the requirement for the BCUC to fix rates in a manner that does not decrease existing
rates.
Accordingly, on December 15, 2022, the Corporation filed a revenue requirements application
with BCUC for the policy year (PY) 2023 proposing a rate change of 0.0% in Basic insurance
rates, that is, the rates for PY 2023 will remain unchanged from PY 2021. BCUC had previously
approved a 15.0% decrease in Basic insurance rates for PY 2021.
Allocation of Basic and Optional amounts
The Corporation operates its business using an integrated business model. The majority of
premium revenues and costs are specifically identifiable as Basic or Optional (see note 1).
The Corporation also delivers non-insurance services on behalf of the Province of B.C.
Non- insurance activities include driver licensing, vehicle registration and licensing, violation
ticket administration and government fines collection all of which are reported as Basic costs.
BCUC requires the Corporation to follow an approved financial allocation methodology with
respect to allocating costs between the Basic insurance business, the Optional insurance business,
and non-insurance services. For those revenues and costs that are not specifically identified, a pro-
rata method is used to allocate to each line of business based on the drivers of those revenues and
costs, the degree of causality, and any BCUC directives.
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($ THOUSANDS)
2023 2022 2023 2022 2023 2022
Net premiums written 3,216,153$ 2,800,397$ 2,212,701$ 2,029,713$ 5,428,854$ 4,830,110$
Revenues
Net premiums earned 3,183,804$ 2,753,668$ 2,106,367$ 2,030,045$ 5,290,171$ 4,783,713$
Service fees and other insurance income 80,850 74,027 54,198 46,032 135,048 120,059
Total revenues 3,264,654 2,827,695 2,160,565 2,076,077 5,425,219 4,903,772
Claims and operating expenses
Provision for claims incurred in the current year (note 15) 2,160,542 1,848,937 1,541,221 1,073,144 3,701,763 2,922,081
Change in estimates for losses incurred in prior years (note 15) (64,298) (156,452) 483,342 (273,485) 419,044 (429,937)
Claim services, road safety and loss management services 314,891 331,287 166,392 172,902 481,283 504,189
2,411,135 2,023,772 2,190,955 972,561 4,602,090 2,996,333
Operating expenses – insurance (note 19) 137,950 137,930 162,253 164,495 300,203 302,425
Premium taxes and commissions – insurance (notes 19 and 20) 213,228 193,845 416,248 460,548 629,476 654,393
2,762,313 2,355,547 2,769,456 1,597,604 5,531,769 3,953,151
Underwriting income (loss) 502,341 472,148 (608,891) 478,473 (106,550) 950,621
Investment income (note 11) 265,102 985,848 135,572 438,377 400,674 1,424,225
Income (loss) – insurance operations
767,443 1,457,996 (473,319) 916,850 294,124 2,374,846
Loss – non-insurance operations (161,938) (152,042) - - (161,938) (152,042)
Net income for the year before impairment loss 605,505 1,305,954 (473,319) 916,850 132,186 2,222,804
Impairment loss (notes 2 and 11) (216,311) (4,288) (110,620) (1,907) (326,931) (6,195)
Net income (loss) for the year 389,194$ 1,301,666$ (583,939)$ 914,943$ (194,745)$ 2,216,609$
Net income (loss) attributable to:
Non-controlling interest 1,581$ 100$ 808$ 45$ 2,389$ 145$
Owner of the corporation 387,613 1,301,566 (584,747) 914,898 (197,134) 2,216,464
389,194$ 1,301,666$ (583,939)$ 914,943$ (194,745)$ 2,216,609$
Equ i ty
Retained earnings, beginning of year 2,021,911$ 720,345$ 1,325,487$ 410,589$ 3,347,398$ 1,130,934$
Net income (loss) for the year, owner of the corporation 387,613 1,301,566 (584,747) 914,898 (197,134) 2,216,464
Retained earnings, end of year 2,409,524 2,021,911 740,740 1,325,487 3,150,264 3,347,398
Other comp onents of equity , beginning of year 248,291 503,462 112,712 226,039 361,003 729,501
Net change in available for sale assets 158,066 (590,812) 80,835 (262,716) 238,901 (853,528)
Pension and post-retirement benefits remeasurements (note 18) 1,919 335,641 890 149,389 2,809 485,030
Other comp onents of equity , end of year 408,276 248,291 194,437 112,712 602,713 361,003
Total equity attributable to owner of the corporation 2,817,800 2,270,202 935,177 1,438,199 3,752,977 3,708,401
Non-controlling interest, beginning of year 4,245 4,450 2,509 2,594 6,754 7,044
Change in net assets for the year, non-controlling interest (2,077) (305) (858) (130) (2,935) (435)
Net income for the year, non-controlling interest 1,581 100 808 45 2,389 145
Total equity attributable to non-controlling interest, end of year 3,749 4,245 2,459 2,509 6,208 6,754
Total Equity 2,821,549$ 2,274,447$ 937,636$ 1,440,708$ 3,759,185$ 3,715,155$
($ THOUSANDS)
2023 2022 2023 2022 2023 2022
Liabilities
Unearned premiums (note 16) 1,519,928$ 1,487,580$ 1,061,810$ 955,475$ 2,581,738$ 2,443,055$
Provision for unpaid claims (note 15) 8,995,291$ 9,748,114$ 4,038,084$ 3,956,040$ 13,033,375$ 13,704,154$
Basic Coverage
Optional Coverage
Total
Basic Coverage
Optional Coverage
Total
Statements and Schedules of Financial Information 2022/23
79
Insurance Corporation of British Columbia
80/81
25. Indirect Method Cash Flow Details
The following table illustrates the details of the consolidated statement of cash flows:
The table below details the changes in the Corporation’s liabilities arising from financing
activities, including both cash and non-cash changes. Liabilities arising from financing are those
for which cash flows were, or future cash flows will be, classified in the Corporation’s consolidated
statement of cash flows as cash flows from financing activities.
($ T HOUSANDS)
March 31
2023
March 31
2022
a) Items not requiring the use of cash
Bad debt expense 9,993$ 8,116$
Pension and post-retirement benefits (notes 18 and 19) 66,719 101,397
Amortization and depreciation of:
Investment properties (note 6) 21,802 19,191
Property, equipment and intangibles (notes 12 and 14) 78,841 79,265
Lease assets (note 13) 14,189 14,268
Retirement of property, equipment and intangibles 167 (1,023)
Impairment loss on equity investments (note 6 and 11) 321,454 5,089
Impairment loss on investment properties (notes 6 and 11) 5,477 1,106
Interest on lease liabilities 2,053 1,921
Interest on mortgages payable (158) 458
Unrealized loss on foreign currency investments 66,066 972
Gain on sale of investment properties (note 11) (69,567) (67,259)
Loss (gain) on financial investments 129,588 (342,765)
646,624$ (179,264)$
b) Changes in non-cash working capital
Accrued interest (6,693)$ 19,919$
Derivative financial instrument liabilit y 1,104 (984)
Premium and other receivables (91,751) (43,541)
Reinsurance assets 8,908 (15,155)
Accrued pension benefits (13,265) (12,994)
Deferred premium acquisition costs and prepaids (23,120) 47,502
Accounts payable and accrued charges 21,788 22,087
Net bond repurchase agreements and other liabilities 5,081 (3,348)
Premiums and fees received in advance 7,092 (10,385)
Unearned premiums 138,683 46,397
Pension and post-retirement benefits (31,137) (30,607)
Provision for unpaid claims (670,778) (1,816,101)
Provision for premium rebates/refunds (396,000) (790,062)
(1,050,088)$ (2,587,272)$
Insurance Corporation of British Columbia
80
Insurance Corporation of British Columbia
81/81
26. Subsequent Event
On May 17, 2023, the B.C. Court of Appeal dismissed the appeal on section 5 of the Disbursements
and Expert Evidence Regulation. As a result of this decision, the Corporation continues to exclude
savings from the provision for unpaid claims for the fiscal year 2023.
($ T HOUSANDS)
March 31, 2022
Financing cash
f lo ws
Non-cash
changes
March 31, 2023
Net bond repurchase agreements (note 8) 1,947,260$ (136,037)$ (39,018)$ 1,772,205$
Lease liabilities (note 9)
53,670 (15,480) 14,123 52,313
2,000,930$ (151,517)$ (24,895)$ 1,824,518$
($ T HOUSANDS)
March 31, 2021
Financing cash
f lo ws
Non-cash
changes
March 31, 2022
Net bond repurchase agreements (note 8) 2,097,612$ (150,307)$ (45)$ 1,947,260$
Lease liabilities (note 9) 60,502 (14,800) 7,968 53,670
2,158,114$ (165,107)$ 7,923$ 2,000,930$
Statements and Schedules of Financial Information 2022/23
81
Schedule of Guarantees and Indemnities
As at March 31, 2023
There were no guarantee or indemnity agreements provided by the Corporation during the scal year
2023.
Insurance Corporation of British Columbia
82
Schedule of Debts
As at March 31, 2023
There were no long term debts secured by the Corporation at March 31, 2023.
Statements and Schedules of Financial Information 2022/23
83
Amounts paid per Financial Information Schedules
Total Remuneration
– Board of Directors $ 280
Total Remuneration
– Employees 492,873
Total Remuneration Paid 493,153
Reconciling items:
Amounts paid to Board of Directors $ (280)
Amounts capitalized or recovered (19,045)
Severance 1,048
Benefits paid on behalf of employees 32,145
Timing and other differences 12,339
26,207
Total Compensation and Other Employee Benefits per Note 19 (page 71)
$ 519,360
Note: A reconciliation of amounts reported in the Financial Information Act Return and the audited
consolidated nancial statements has not been prepared for amounts paid to suppliers for goods and
services due to the signicant volume and complexity of reporting for supplier payments. ICBC prepares
its nancial statements on an accrual basis while amounts reported in the Financial Information Act
Return are based on cash payments in the year. This results in timing differences between amounts
recorded in the nancial statements and amounts paid in the year. In addition to timing differences, the
operating expenses in the nancial statements differ from the amounts paid to suppliers for goods and
services due to non-operating and capital payments, and amounts paid to claims suppliers for goods and
services.
Financial Information Reconciliation
For the year ended March 31, 2023
($ THOUSANDS)
Insurance Corporation of British Columbia
84
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
ABALLINI R. 81,575 2,384
ABBOTT F. 79,965 567
ABBOTT M. 94,595 8,186
ABDUL QADER A. 81,751 0
ABEL E. 95,612 0
ABELENDA P. 81,241 6,432
ABID R. 84,889 191
ABI-SAAD M. 121,924 212
ABOOD H. 86,973 120
ACHADINHA D. 82,737 689
ACKER N. 142,514 4,742
ACKERMANN D. 117,392 1,384
ADAM S. 93,070 0
ADAMICK E. 140,508 4,282
ADAMS C. 92,193 611
ADAMS L. 101,728 3,674
ADAMS R. 122,285 534
ADAMS S. 102,588 98
ADDISON D. 147,034 2,296
ADDISON T. 101,727 0
ADDISON Y. 85,315 20
ADLEM B. 157,976 3,671
AFSHARI S. 76,942 50
AGA S. 94,973 191
AGBONMWANDOLOR A. 81,218 18
AHIRA D. 95,282 0
AIELLO C. 103,945 63
AIMERS K. 270,871 9,904
AINDLA R. 92,534 107
AKDOGU H. 94,683 0
AKIZUKI M. 92,160 0
AKTAS N. 90,992 34
AL MAGEDI M. 84,743 0
ALAMAR C. 86,624 0
ALBAN E. 94,241 50
ALBAN M. 111,231 0
ALBANESE V. 325,499 4,778
ALCOS C. 75,790 155
AL-HAJJAR L. 177,611 431
ALI R. 97,531 0
ALIKPALA A. 75,600 0
ALLEN C. 76,969 0
ALMEIDA A. 80,470 0
ALONZO C. 76,454 30
ALVES DE SOUZA M. 76,759 0
AMABA C. 86,914 0
AMAZA P. 119,204 1,710
AMBARUKHANA Y. 101,803 521
AMBROSIO R. 89,808 176
AMINI P. 80,948 0
ANAM M. 124,443 1,511
ANDERSEN C. 104,616 2,093
EMPLOYEE NAME REMUNERATION EXPENSES
ANDERSON B. 107,707 0
ANDERSON C. 121,800 897
ANDERSON C. 139,707 5,628
ANDERSON J. 75,860 0
ANDERSON J. 103,114 0
ANDERSON J. 81,602 25
ANDERSON K. 83,287 0
ANDERSON L. 98,845 0
ANDREWS N. 88,740 0
ANG S. 81,575 0
ANNESS G. 122,777 4,151
ANTAO S. 91,312 0
ANTHONY D. 88,363 0
ANTILLE K. 93,242 0
ANTONIO M. 86,770 214
ANWAR A. 81,543 2,248
APPADOO G. 77,491 0
APSEY J. 76,731 591
AQUINO A. 87,819 0
AQUINO C. 89,237 0
ARAI B. 109,400 138
ARARSO T. 96,881 0
ARAUJO L. 90,946 0
ARCHER L. 83,489 0
ARCHER R. 90,828 2,028
ARCHIBALD J. 143,305 2,296
ARCHIBALD M. 78,135 0
ARDANAZ T. 95,983 281
ARMITAGE S. 82,004 0
ARMSTRONG C. 129,869 1,407
ARNDT E. 131,209 2,973
ARNDT J. 108,957 0
ARNETT W. 105,774 0
ARORA V. 88,414 0
ARRIETA C. 89,675 2,800
ARRUDA R. 89,781 0
ARTEMENKO R. 121,245 177
ARTHUR J. 92,684 0
ASHLEY A. 81,524 0
ASTLES L. 115,445 2,668
ATKER J. 115,363 0
ATKINS P. 105,546 364
ATTWELL T. 85,025 0
ATWAL A. 107,081 1,307
ATWAL A. 84,570 0
ATWAL H. 77,642 0
ATWAL H. 105,831 154
ATWAL S. 89,303 191
AU E. 87,088 90
AUGUSTINE B. 117,474 0
AUJLA S. 157,363 1,391
AURINI J. 88,107 3,918
Statements and Schedules of Financial Information 2022/23
85
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
AUSTAD O. 81,306 0
AUVACHE C. 116,601 412
AU-YEUNG S. 103,725 3,222
AWAN A. 94,281 191
AWAN S. 87,519 191
AYLING C. 88,552 0
AYLING T. 78,337 40
AZIZ H. 88,742 0
BABATUNDE J. 96,369 191
BABYUK A. 98,761 0
BACCHUS J. 84,489 191
BADANIC D. 102,162 234
BAE J. 88,715 0
BAGHERI P. 94,943 8,908
BAGRI R. 75,904 0
BAINS B. 89,752 3,604
BAINS J. 146,958 191
BAINS S. 222,128 4,835
BAJWA A. 84,447 191
BAJWA P. 91,404 46
BAJWA W. 92,299 0
BAKSHI A. 87,994 0
BALASUBRAMANIAN H. 119,358 0
BALDWIN A. 89,132 3,212
BALITAAN V. 119,889 22
BALLA T. 115,603 315
BALLANCE S. 100,590 719
BALLANTYNE G. 78,876 0
BALLARIN C. 75,467 0
BALRAJ S. 138,373 0
BALY M. 99,893 292
BAN I. 140,864 5,814
BANCOSTA F. 104,788 0
BANMEN D. 78,568 0
BARDUA B. 111,683 613
BARICHELLO A. 89,569 36
BARNAMEH N. 89,002 0
BARNES C. 91,648 0
BARNES J. 118,124 2,296
BARNES J. 126,957 0
BARRATO E. 80,583 0
BARRETT W. 76,784 0
BARRON K. 89,605 0
BARROW J. 93,015 1,257
BARUAH U. 99,917 0
BARUFFA A. 119,997 445
BASARM N. 83,403 0
BASRAN B. 94,988 92
BASSI G. 113,628 2,296
BASTILLO G. 80,770 0
BASTILLO G. 81,819 932
BATAGHVA SHAHBAZ M. 114,600 0
EMPLOYEE NAME REMUNERATION EXPENSES
BATCHELOR D. 120,711 3,391
BATES P. 75,800 0
BATH A. 75,288 0
BATRA N. 77,056 0
BATTAGLIA F. 97,653 1,068
BATTER C. 81,709 4,086
BATTISTA S. 77,066 0
BAUER T. 78,941 0
BAXTER H. 92,788 0
BEACH R. 81,877 41
BEASLEY V. 89,537 0
BEATON K. 104,074 70
BEATTY D. 116,990 607
BEAUDET L. 87,603 0
BEAULIEU M. 88,874 44
BEAULIEU Z. 88,793 1,065
BEAUREGARD G. 172,173 2,778
BECK K. 91,401 0
BECKER B. 97,120 242
BECKER C. 93,613 191
BEESLEY J. 206,058 2,920
BEG F. 113,040 198
BEJA T. 103,166 0
BELL K. 83,947 184
BELL S. 93,227 4,333
BELL S. 91,903 0
BELL-ELLIOTT R. 100,738 187
BENTLEY L. 118,190 0
BERETTA A. 85,577 0
BERGLIND T. 97,913 0
BERGMAN J. 85,390 3,077
BERNTSEN C. 76,569 0
BERRY D. 93,879 191
BERRY G. 101,937 326
BEST L. 156,218 1,209
BEST L. 105,171 191
BETKER J. 104,953 658
BETTLES E. 102,554 0
BEVAN A. 146,838 2,364
BHANGU H. 79,673 796
BHARDWAJ D. 77,421 0
BHARGAVA S. 79,710 645
BHINDER K. 79,003 60
BHULLAR A. 83,132 0
BIEBER B. 80,973 0
BIEG A. 88,333 2,911
BINNIE A. 121,525 2,554
BIRD W. 75,106 0
BISHOP C. 127,806 340
BISHOP P. 104,047 44
BLACK G. 75,773 70
BLACK J. 96,332 0
Insurance Corporation of British Columbia
86
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
BLACK M. 91,495 0
BLACKLOCK J. 148,718 9,361
BLACKMORE R. 79,307 0
BLAIR C. 93,248 1,355
BLAIR L. 88,570 0
BLAIS J. 138,663 2,610
BLANCO D. 79,618 0
BLANCO M. 263,071 1,117
BLEAKNEY K. 111,992 0
BLODGETT G. 107,605 15
BLUNDELL C. 102,162 1,089
BOAL J. 106,906 1,278
BOAL M. 114,314 0
BOAL S. 85,899 428
BOAN D. 161,456 2,459
BOATENG J. 93,419 236
BOCHKE K. 76,737 0
BOFFO E. 104,631 0
BOGDANOVIC S. 99,049 0
BOGLARI S. 193,687 2,818
BOGNAR C. 141,770 3,348
BOLA R. 76,380 16
BOLD T. 76,466 0
BOM C. 75,730 1,871
BOMBHI D. 84,697 534
BONG E. 80,420 0
BONNEAU O. 89,569 208
BONNETT B. 88,882 6,032
BOOTH B. 79,871 74
BOOTH B. 105,494 299
BOOTH C. 98,441 303
BOOTH D. 92,098 0
BOOTH K. 77,497 686
BOOTH L. 87,707 17
BOOTY J. 92,745 1,468
BOPARAI A. 80,269 1,029
BOPARAI S. 110,237 2,084
BORELLI N. 82,761 1,669
BORGES J. 106,988 0
BORTIGNON B. 127,338 2,166
BOTT M. 81,239 4,046
BOUBILA J. 106,609 0
BOUCHARD E. 132,961 4,706
BOUCHARD J. 92,616 305
BOUILLON K. 98,647 680
BOURDAGES M. 113,006 2,068
BOURDIN E. 203,166 1,436
BOURDON J. 92,127 191
BOWCOTT B. 122,391 8,115
BOWE R. 78,280 0
BOWYER C. 81,741 0
BOYAL M. 86,384 96
EMPLOYEE NAME REMUNERATION EXPENSES
BOYCE S. 104,806 565
BOYD K. 82,298 393
BOYLAN J. 97,314 0
BRADFORD D. 98,865 94
BRADFORD S. 89,402 1,871
BRADLEY S. 102,685 0
BRADSHAW K. 99,010 0
BRADSHAW L. 82,995 0
BRAICH R. 93,415 0
BRAICH S. 83,172 43
BRAKOP I. 88,061 8,341
BRAR N. 84,990 0
BRAR P. 76,885 74
BRAY A. 77,299 3,176
BREARLEY A. 121,756 1,075
BREGEDA K. 144,551 4,626
BRENNAN E. 90,845 612
BRES A. 105,536 3,019
BREWSTER C. 105,050 281
BREWSTER D. 94,588 0
BRIERLEY A. 102,265 0
BRIGGS B. 80,989 0
BRIGGS S. 84,363 191
BRINO-TARASOFF J. 77,174 1,638
BROCKMAN J. 149,126 3,513
BRODZIAK S. 116,596 345
BROMMELAND S. 94,883 2,126
BROOKE A. 152,023 19,746
BROWN A. 93,373 426
BROWN J. 91,687 0
BROWN K. 118,789 798
BROWN M. 92,090 59
BROWNE M. 121,884 0
BROZIC B. 85,791 0
BRUCE K. 84,041 0
BRYAN M. 181,468 12,124
BRYANT J. 79,735 191
BUCHANAN A. 127,625 3,235
BUCKLAND J. 89,948 1,057
BUCKMAN P. 80,923 0
BUI D. 93,150 0
BULHOES G. 85,879 0
BULJUBASIC M. 91,195 0
BUNTING B. 95,921 123
BURGESS S. 81,482 0
BURNETT A. 162,032 2,973
BURRILL S. 106,090 35
BURTON S. 81,734 0
BUSSANICH L. 85,919 30
BUTER B. 82,008 0
BUTLER G. 77,706 0
BUTTAR R. 77,429 296
Statements and Schedules of Financial Information 2022/23
87
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
BYCHKOV B. 120,753 533
CABALFIN G. 94,504 4,401
CABIGAS R. 76,421 0
CABRERA I. 88,449 0
CACATIAN L. 94,232 30
CADER S. 98,048 0
CAHOON C. 83,925 0
CALBICK L. 123,017 863
CALLANDER S. 99,375 191
CALLISON C. 105,005 191
CAMARA C. 81,734 0
CAMPBELL K. 94,223 3,273
CAMPBELL S. 139,731 1,909
CAMPBELL S. 89,986 0
CAMPBELL S. 90,065 0
CAMPBELL T. 138,978 1,185
CANIC C. 83,989 131
CANNON R. 110,705 0
CANOFARI S. 123,324 442
CARINO M. 89,373 350
CARLOS R. 78,226 467
CARLSON D. 84,297 87
CARMONT T. 89,354 40
CARPENETTI A. 95,817 96
CARPENTER W. 331,946 8,277
CARR B. 81,714 0
CARR K. 140,784 0
CARRIER H. 81,734 191
CARSTENS N. 115,543 0
CARTER E. 81,067 0
CARTER S. 95,843 0
CARTWRIGHT K. 94,851 0
CARUSI A. 93,303 0
CARUSI J. 128,238 6,161
CASIO E. 85,067 80
CASTEL S. 95,835 285
CASTELLAN A. 103,272 366
CAUSTON C. 96,413 17
CENNON B. 85,689 0
CHABEN N. 99,108 0
CHAFE C. 86,477 138
CHAGGER G. 97,490 86
CHAGLANI A. 84,286 0
CHAHAL K. 88,809 19
CHAMBA S. 107,550 1,902
CHAMBERS C. 86,323 0
CHAN A. 109,386 86
CHAN A. 75,121 47
CHAN A. 150,188 745
CHAN A. 116,332 4,328
CHAN A. 112,337 0
CHAN B. 90,808 0
EMPLOYEE NAME REMUNERATION EXPENSES
CHAN C. 98,264 0
CHAN D. 76,084 0
CHAN D. 99,007 328
CHAN F. 90,708 31
CHAN G. 94,409 763
CHAN G. 78,638 125
CHAN G. 82,401 1,116
CHAN H. 93,924 0
CHAN H. 86,482 0
CHAN J. 78,475 0
CHAN J. 95,982 652
CHAN K. 81,744 4,162
CHAN K. 77,771 0
CHAN K. 115,374 11
CHAN L. 110,750 152
CHAN M. 105,431 0
CHAN M. 77,181 0
CHAN S. 104,194 1,806
CHAN S. 92,101 1,950
CHAN T. 173,587 2,927
CHAN V. 136,300 707
CHAN W. 113,116 2,452
CHAN Y. 79,872 766
CHAN Y. 94,302 2,195
CHAND A. 90,878 4,210
CHAND H. 89,603 0
CHAND N. 84,486 45
CHANDI S. 80,247 0
CHANDOLA H. 89,437 0
CHANDRA J. 105,177 963
CHANDRA L. 85,793 191
CHANDRA R. 93,043 0
CHANDRA S. 164,164 2,973
CHANDRA V. 80,658 0
CHANG A. 94,370 0
CHANG J. 93,645 0
CHANG P. 81,494 183
CHANG R. 135,794 0
CHANG Z. 102,208 0
CHAO OU R. 124,711 139
CHAPMAN S. 97,588 0
CHARLESON A. 82,643 0
CHARPENTIER J. 83,768 49
CHAU V. 113,876 1,081
CHAWLA T. 117,642 5,387
CHEEMA P. 101,190 1,682
CHEEMA S. 98,711 826
CHELA S. 127,285 284
CHEMITIGANTI S. 84,373 0
CHEN J. 93,020 402
CHENG C. 91,728 1,161
CHENG S. 87,354 2,238
Insurance Corporation of British Columbia
88
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
CHENG W. 123,635 110
CHERRILLE J. 81,066 0
CHEUNG C. 83,839 50
CHEUNG D. 96,130 216
CHEUNG D. 145,198 227
CHEUNG E. 94,537 907
CHEUNG H. 114,570 1,000
CHEUNG K. 95,713 3,019
CHEUNG K. 94,784 1,240
CHEUNG N. 99,327 0
CHEUNG P. 137,203 0
CHEUNG R. 129,601 1,497
CHEUNG W. 101,887 15
CHEUNG Y. 96,916 1,060
CHIA N. 77,527 240
CHIANG C. 94,628 0
CHIANG D. 79,241 0
CHIN R. 99,933 0
CHING J. 99,272 191
CHIN-SHUE N. 77,466 0
CHIU A. 85,628 350
CHIU A. 76,863 0
CHIU C. 139,696 565
CHIU G. 96,553 0
CHIVU M. 81,734 0
CHOI G. 82,969 999
CHOKSHI J. 97,833 0
CHORNEY L. 131,694 680
CHORNEY T. 106,525 2,135
CHOU J. 103,327 123
CHOUINARD J. 88,570 205
CHOW J. 94,576 0
CHOW K. 81,527 20
CHOW L. 87,998 25
CHOW L. 109,831 3,814
CHOW M. 120,152 1,191
CHOW W. 81,108 0
CHOW W. 108,161 87
CHOY A. 88,072 0
CHRISTENSEN K. 104,727 788
CHRISTENSEN M. 96,176 92
CHRISTENSEN M. 92,739 0
CHRISTOFFERSON G. 152,710 2,296
CHU B. 92,986 1,000
CHU H. 83,450 0
CHU R. 101,186 0
CHU S. 91,075 87
CHU T. 87,234 834
CHUI W. 86,118 2,199
CHUKA K. 90,004 3,017
CHUNG D. 95,798 0
CHUNG J. 76,175 0
EMPLOYEE NAME REMUNERATION EXPENSES
CHURCHILL A. 85,540 2,479
CHURCHILL-BROWNE R. 106,378 453
CHURNEY C. 125,700 2,273
CHUTE L. 75,419 191
CIAMPELLETTI J. 123,612 0
CILLO A. 82,017 0
CIOLFITTO T. 104,591 5,512
CLARK C. 79,004 0
CLARK T. 102,536 12
CLARKE C. 98,292 0
CLARKE D. 89,848 191
CLARKE-SHERMAN C. 84,173 76
CLEGG K. 95,222 0
CLIPSHAM A. 84,595 0
CLOUGH R. 92,884 0
CLUNK L. 77,690 0
CO S. 96,578 0
COATES H. 75,953 3,736
COBURN B. 79,251 172
COLENBRANDER G. 128,448 963
COLINS S. 81,591 0
COLLIN R. 92,508 0
COLLINGS N. 85,846 0
COLLINS K. 116,851 134
COMEAU S. 116,395 1,009
COMMINS B. 109,387 0
CONNELL M. 76,887 56
CONNOLLY A. 97,967 0
CONSTABLE C. 99,743 405
COOK B. 92,610 0
COOK C. 93,571 0
COOKEY-GAM S. 95,875 0
COOLEN B. 132,847 3,273
COOMBS C. 85,120 0
COOPER D. 131,951 4,706
COOPER S. 94,836 105
COPELAND C. 88,031 0
CORAY M. 97,592 191
CORREIA D. 92,716 0
CORTESE M. 92,320 0
CORTEZ C. 76,063 0
COSMAN N. 82,088 0
COSTA M. 148,027 3,798
COSTA R. 82,647 0
COULTHARD R. 106,561 0
COWIE K. 95,631 0
COWIE T. 79,368 0
COX C. 115,906 1,024
COX M. 184,792 7,260
CRAIG B. 93,595 2,235
CRAIGIE A. 89,884 0
CRAVER S. 106,531 2,498
Statements and Schedules of Financial Information 2022/23
89
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
CRAWFORD L. 116,167 1,483
CRAWFORD N. 93,844 0
CRAWFORD T. 92,222 0
CRIPPS L. 92,258 0
CROSBY A. 98,436 330
CROSS T. 116,616 1,112
CSIKOS M. 89,609 0
CUI X. 79,873 191
CULOS E. 129,266 969
CULVER G. 78,877 3,664
CUMBERBATCH M. 85,730 0
CURLL S. 99,360 0
CURRAN P. 100,152 6,019
CURRIE C. 91,487 1,030
CURTIS H. 119,704 427
CUTAIA D. 98,192 2,060
CUTHBERT B. 106,651 0
CVACI R. 88,543 0
DA ROCHA JUNIOR S. 91,407 76
DADIVAS C. 86,501 0
DAIGLE C. 78,129 1,559
DAILLY P. 84,231 0
DALLA PACE G. 101,586 0
DALLA VALLE H. 82,447 101
DALMAN S. 81,749 34
DALUPANG R. 105,784 0
DAME R. 76,320 0
DAMON C. 102,273 191
DANARD S. 76,105 855
D’ANDRADE C. 106,522 1,000
DANG M. 90,512 0
DANTU P. 83,504 0
DARGAHI M. 110,593 0
DARKE M. 123,761 155
DAROUGH B. 98,551 226
DASIKA H. 89,513 804
DASILVA S. 101,347 54
DASSANI V. 93,859 259
DATT B. 101,871 0
DAVIDSON B. 94,173 1,247
DAVIES P. 107,089 3,385
DAVIS K. 115,197 4,404
DAY C. 78,698 0
DAY T. 100,560 2,561
DE BEAUPRE J. 109,559 0
DE CICCO A. 86,139 232
DE GOEDE T. 98,206 0
DE GUZMAN N. 111,476 0
DE LEENHEER B. 96,696 0
DE LEON S. 97,832 0
DE LEUR P. 139,242 26,669
DE OLIVEIRA MOURA NETO A.
79,013 3,019
EMPLOYEE NAME REMUNERATION EXPENSES
DEACON G. 130,443 2,003
DEAN D. 122,285 22,632
DEAN T. 94,399 240
DEGROOT J. 110,977 471
DEISINGER L. 99,408 307
DEKERF J. 116,666 0
DELA CRUZ C. 81,734 95
DELA CRUZ F. 88,363 191
DELANEY D. 84,307 20
DELLA-COLETTA B. 93,533 392
DEMBICKI P. 89,310 0
DEMEO K. 99,870 0
DEMREN M. 116,762 0
DENG Q. 85,046 12,859
DENG Y. 98,976 0
DENNIS M. 77,385 0
DEPOURCQ J. 115,600 1,116
DER K. 126,180 1,751
DER W. 75,662 0
DERBY L. 118,866 2,043
DERINZY M. 87,239 1,897
DESAI S. 81,542 0
DESBIENS M. 117,679 97
DHALIWAL A. 96,173 4,195
DHALIWAL A. 88,611 0
DHALIWAL K. 156,707 3,457
DHALIWAL R. 92,953 375
DHALIWAL S. 91,914 875
DHANANI S. 91,813 0
DHANANI Z. 84,672 0
DHANDA A. 97,631 70
DHANJI J. 76,431 0
DHARI A. 84,473 2,207
DHARIWAL K. 91,660 2,353
DHAWAN M. 94,589 130
DHILLON K. 95,352 0
DHILLON K. 79,987 86
DHILLON M. 87,638 0
DHILLON N. 82,858 0
DHILLON S. 82,336 3,326
DHULKU H. 75,520 40
DI SPIRITO J. 77,872 0
DIAL G. 89,243 0
DIAZ M. 79,701 0
DICDIQUIN C. 108,976 0
DICKINSON J. 109,006 7,180
DIGGENS B. 136,896 347
DIMAYUGA JUNG S. 88,553 191
DIN F. 82,337 0
DITTY L. 77,892 0
DIXON C. 100,010 0
DJOENAIDI F. 76,248 0
Insurance Corporation of British Columbia
90
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
DOAN A. 88,914 457
DOBELL K. 80,240 659
DOBROVOLNY J. 93,869 191
DOBSON J. 111,957 173
DODGSHON T. 90,134 1,388
DODIG S. 111,755 2,488
DOE A. 77,258 310
DOELL L. 95,871 105
DOLBY K. 100,373 0
DOLGIN J. 81,803 0
DOLHANTY J. 99,274 1,495
DOLLARD R. 90,440 101
DONALDSON I. 83,508 3,595
DONALDSON S. 96,520 2,369
DORADEA-CABRERA D. 111,303 968
DORE R. 87,460 53
DORICIC J. 167,833 3,822
DOSANJH H. 89,455 0
DOUGAN D. 82,895 100
DOUGLAS C. 83,927 0
DOUGLAS S. 82,615 401
DOURNOVO P. 88,479 0
DOUTHWAITE J. 82,896 1,171
DOWDING A. 81,804 308
DOWE A. 81,138 0
DOWNEY M. 98,550 5,123
DOYLE C. 96,345 0
DOYLE M. 92,644 0
DRESKAI E. 82,899 804
DREW J. 111,743 4,487
DREXLER S. 104,602 31
DREYER P. 186,548 2,296
DRUMMOND J. 116,013 0
D’SOUZA A. 81,120 88
DUDLEY A. 165,355 470
DUGAS R. 92,277 0
DUMENCU G. 108,762 0
DUMONCEAUX M. 95,647 0
DUNATOV M. 110,393 135
DUNBAR A. 87,433 0
DUNFORD M. 81,110 0
DUNN K. 91,098 0
DUONG D. 98,101 14
DUPUY C. 78,055 0
DUSSEAULT T. 92,925 1,690
DYCK J. 124,792 2,316
DYKSTRA J. 88,570 0
DYNOWSKI R. 81,523 0
EASTWOOD G. 326,522 5,343
EDGEWORTH J. 283,152 4,304
EDWARDS B. 146,194 5,343
EDWARDS C. 105,070 206
EMPLOYEE NAME REMUNERATION EXPENSES
EDWARDS R. 114,524 126
EEUWES J. 153,425 252
EGAN S. 135,710 1,296
EGELI D. 87,472 0
EINARSON E. 88,256 146
ELDEHIMI H. 95,678 0
ELIOPOULOS N. 95,433 48
ELLIOTT D. 99,521 372
ENG K. 76,272 135
ENG M. 146,906 1,206
ENGELBRECHT J. 93,406 5,875
ERICKSON D. 116,984 619
ESLAMI R. 94,049 32
ESPIN T. 77,239 855
ESTRADA L. 77,489 424
ESTRADA M. 87,174 0
EUSTACE A. 137,379 2,973
EVANS C. 95,769 211
EVANS E. 98,431 1,117
EVANS H. 81,802 0
EVANS T. 89,814 191
EVEN A. 120,457 246
EWASIUK W. 93,854 4,495
FAFARD N. 127,024 1,765
FAGG K. 91,370 0
FAIRBAIRN C. 92,922 142
FAIRBAIRN K. 81,437 240
FAIRBRIDGE C. 166,067 2,365
FAIRFAX D. 106,835 0
FAIRWEATHER C. 95,732 334
FAKHIMTALEBINIA A. 139,483 0
FANE M. 148,133 3,757
FANG A. 80,233 0
FANG M. 107,075 759
FANTINIC N. 95,612 191
FARLOWE M. 75,544 0
FARMER M. 89,140 0
FARRELL S. 85,616 1,277
FAULCONER R. 94,869 668
FAY G. 95,490 0
FAYERS K. 80,715 6,915
FEARNCOMBE D. 102,145 3,068
FEBBRAIO M. 82,123 0
FEDOSEEV E. 102,104 0
FEELY A. 81,711 0
FEIST T. 90,287 191
FENG H. 89,348 2,440
FENG J. 114,189 2,922
FENG K. 92,729 0
FENG Y. 84,226 0
FENGLER B. 85,002 103
FEOKTISTOVA M. 122,985 3,516
Statements and Schedules of Financial Information 2022/23
91
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
FERGUSON C. 92,065 0
FERGUSON E. 94,008 148
FERGUSON M. 76,630 2,104
FERRABY S. 146,494 4,848
FERRARI R. 81,150 24,166
FERRERAS J. 105,348 0
FERRETTI P. 75,449 0
FIALA P. 94,941 0
FIGUEROA A. 91,536 0
FILIPCHUK D. 108,825 105
FILTNESS S. 121,994 2,191
FINCH S. 117,720 799
FINDLAY S. 104,618 1,918
FINK S. 89,713 86
FINLAY S. 186,292 4,254
FINNAMORE E. 97,318 10
FINSTAD B. 84,802 227
FISCHER P. 93,340 0
FISHER R. 158,121 942
FLETCHER R. 87,003 437
FLOEN R. 136,048 9,908
FLOOD N. 94,061 3,103
FODOR K. 87,576 47
FOERSTER P. 84,798 0
FOLEY J. 148,945 18,271
FOLEY M. 90,832 250
FOORT A. 113,010 741
FOOT D. 81,856 191
FORD D. 102,663 4,396
FORMAN B. 100,946 2,380
FORMAN J. 163,980 2,079
FORREST D. 98,249 822
FORRESTER E. 90,891 118
FORSTER D. 105,015 208
FORSTER M. 78,239 973
FORSYTH S. 180,963 3,322
FOWLER A. 81,485 1,544
FOWLER J. 110,011 292
FOWLER M. 90,614 191
FOWLES S. 94,951 0
FRANCU R. 93,520 0
FRANGOLIAS J. 106,366 249
FRANK K. 84,549 0
FRANKLIN R. 103,664 5,369
FRANSSEN H. 95,835 168
FRASER K. 123,159 2,198
FRASER S. 105,718 191
FREMPONG A. 113,544 3,094
FRENCH C. 90,134 0
FRITZ J. 129,261 1,862
FRY N. 81,797 0
FU C. 83,655 0
EMPLOYEE NAME REMUNERATION EXPENSES
FU M. 91,556 0
FUCHS C. 75,498 7,057
FULLER R. 81,575 0
FUNG D. 93,973 0
FUNG E. 124,152 274
FUNG L. 114,759 2,991
FUNG P. 108,802 191
FUNK C. 80,782 2,317
FURTULA K. 90,612 3,538
GAIM K. 90,898 39
GAJJAR D. 89,220 0
GALANO TAN C. 85,253 1,000
GALI J. 87,051 998
GALLANT M. 79,481 12,993
GALUSKA J. 94,760 2,122
GAMBHIR G. 88,959 1,107
GANDHI P. 97,334 0
GARAY SANCHEZ P. 83,674 1,923
GARCIA P. 89,225 434
GARDNER J. 131,830 1,110
GARES T. 88,122 0
GARLOUGH L. 127,823 529
GARNEAU T. 205,333 3,910
GARRETT L. 94,301 385
GARRETT R. 99,926 70
GARRETT R. 84,163 1,409
GAUCHER R. 84,135 323
GAULEY K. 187,940 7,383
GAUTAM N. 101,137 163
GAVIN C. 82,508 55
GAVRILA D. 99,307 422
GAYLER R. 95,820 0
GEE W. 95,832 0
GELIN K. 118,938 598
GELINAS S. 103,801 520
GELLARD J. 80,581 0
GEORGE L. 86,415 939
GERAK S. 92,953 1,592
GERMANN B. 97,570 106
GERRY S. 95,892 40
GHAG S. 135,053 0
GIBBS M. 120,981 5,795
GIESBRECHT L. 94,537 987
GIGLIO D. 96,024 6,713
GILES B. 86,790 0
GILES J. 158,160 903
GILL A. 101,433 3,188
GILL A. 90,758 0
GILL B. 84,895 0
GILL C. 91,989 0
GILL D. 75,379 0
GILL G. 89,463 0
Insurance Corporation of British Columbia
92
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
GILL H. 93,632 0
GILL J. 76,895 20
GILL J. 79,096 0
GILL J. 85,719 0
GILL J. 119,324 0
GILL K. 75,251 60
GILL M. 101,077 2,839
GILL N. 95,918 0
GILL S. 105,152 0
GILL S. 77,441 0
GILL S. 87,277 135
GILL S. 82,309 25
GILL S. 88,019 0
GILL T. 75,995 0
GILLICH C. 116,867 4,300
GINTER G. 159,450 2,973
GIRARD M. 160,367 3,165
GIRARD R. 93,248 0
GODMAIRE L. 78,011 0
GODWIN- A HART S. 127,533 2,609
GOEL R. 95,337 0
GOLD T. 91,564 191
GOLDBERG A. 79,396 0
GOLDSWORTHY K. 117,007 934
GOLUZA J. 95,872 285
GONZALEZ A. 115,414 84
GONZALEZ N. 114,062 626
GOODMAN N. 99,169 1,856
GOODMAN P. 87,848 881
GOSAL K. 87,101 0
GOSAL P. 75,914 20
GOSAL S. 75,725 1,249
GOSAL T. 118,682 291
GOUDY V. 79,357 0
GOUGH G. 77,295 0
GRACE M. 127,744 175
GRAHAM L. 111,256 191
GRAHAM S. 142,704 0
GRANGER B. 99,386 0
GRANT C. 89,229 285
GRANT D. 98,198 285
GRANT M. 99,104 0
GRASS T. 104,624 3,302
GRATTON A. 117,600 435
GRAVEL J. 114,560 108
GRAVELLE D. 99,868 421
GRAY J. 90,397 1,388
GRAY T. 96,143 64
GRAYSON G. 80,830 0
GRAZIANO M. 83,639 411
GREEN E. 75,106 42
GREENFIELD A. 128,641 7,493
EMPLOYEE NAME REMUNERATION EXPENSES
GREER C. 116,581 732
GREGOIRE J. 117,505 0
GREGOR R. 90,038 0
GREGOV V. 93,899 261
GRENIER L. 142,668 2,296
GREWAL B. 90,048 0
GREWAL C. 143,429 356
GREWAL D. 91,425 148
GREWAL K. 77,516 0
GREWAL R. 106,952 361
GREWAL R. 82,770 0
GREWAL R. 80,536 0
GREWAL S. 78,455 0
GREWAL S. 91,442 0
GRISEDALE M. 86,855 0
GROBOWSKY R. 80,557 163
GROSSMAN A. 139,522 0
GROVER R. 89,378 191
GRYB N. 87,699 0
GUADAGNO V. 97,804 0
GUERRA L. 99,541 374
GUEST J. 119,321 2,973
GUI Y. 97,164 0
GULLETT L. 160,437 3,031
GUNN A. 120,662 0
GUNN D. 125,483 76
GUNNARSON S. 92,861 2,188
GUPTA V. 142,675 5,505
GURUNG B. 96,890 0
GUTIERREZ D. 82,002 0
GUVEN S. 83,648 0
HAAF C. 101,463 0
HAAF S. 106,704 34
HABIB B. 104,786 6,227
HADDON M. 94,097 219
HAGHIGHI S. 112,247 2,296
HAIG I. 82,676 1,065
HALCROW S. 127,739 0
HALE K. 110,461 1,795
HALL K. 163,766 2,399
HALLIDAY K. 75,621 1,254
HAM J. 80,284 0
HAMADE D. 99,134 0
HAMILTON A. 111,244 105
HAMILTON E. 88,370 0
HAMILTON S. 82,968 0
HAMPSON A. 89,798 0
HAN A. 81,514 2,877
HAN J. 81,765 1,307
HANCOCK A. 96,513 369
HANCOCK S. 117,182 0
HANDE T. 156,616 2,973
Statements and Schedules of Financial Information 2022/23
93
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
HANEEF A. 91,294 0
HANER C. 107,389 210
HANLEY T. 80,178 0
HANNA R. 100,540 191
HANSOM A. 94,011 0
HANSON B. 84,736 191
HARDEN M. 76,666 0
HARDER T. 78,100 15
HARDMAN G. 100,560 0
HARDY C. 89,479 1,276
HARDY K. 77,091 0
HARDY P. 105,325 166
HARGRAVE M. 97,384 6,271
HARMSE W. 80,551 0
HARPER G. 85,012 0
HARRINGTON S. 196,423 1,358
HARRIS S. 80,691 3,974
HARRISON J. 128,276 47
HART A. 93,661 191
HARTLEY R. 95,454 191
HARVEY H. 76,470 191
HARVEY S. 78,469 507
HARWOOD M. 110,300 0
HATCH T. 83,355 5,836
HATCHER J. 105,573 128
HATTON K. 151,509 0
HAUSCH R. 111,080 0
HAVERLAND C. 141,427 1,965
HAWKINS M. 79,064 0
HAWS T. 77,924 0
HAYES R. 83,932 2,206
HAYRE G. 81,781 20
HAYWARD S. 120,461 2,032
HAZLETT C. 139,877 54
HAZLETT K. 100,379 520
HE M. 124,017 2,658
HECIMOVIC M. 86,101 0
HEDSTROM D. 95,477 2,121
HEER A. 81,102 0
HEER G. 76,726 22
HEERSAHOTA S. 121,583 1,995
HEGINBOTTOM J. 188,918 236
HEIDNER J. 88,451 0
HEINZEMANN C. 120,411 1,267
HEISKANEN B. 107,157 0
HEITMAN D. 104,198 163
HENDER N. 91,564 191
HENDERSON D. 171,746 425
HENDESSI M. 85,245 0
HENDRICKSON A. 88,992 128
HENDRIKSEN L. 124,436 358
HENG D. 133,210 573
EMPLOYEE NAME REMUNERATION EXPENSES
HEPPLE D. 132,425 436
HERRERA RIVEROS J. 92,247 498
HERTSLET B. 75,746 0
HERTSLET D. 144,397 239
HEUCHERT T. 175,477 3,874
HIBBERT L. 144,555 2,296
HICKMORE C. 95,703 301
HICKS C. 106,966 191
HIEBERT G. 93,132 0
HIEBERT J. 109,383 1,824
HIEBERT K. 126,443 2,659
HIGGINS C. 97,549 1,125
HILDER L. 93,169 0
HILDER M. 118,615 262
HILL D. 122,300 8,939
HILL D. 96,224 191
HILL G. 78,288 0
HINTON M. 146,394 2,959
HITT R. 91,062 1,980
HIZON E. 173,939 400
HO A. 77,021 0
HO C. 116,329 0
HO C. 99,202 96
HO F. 96,356 28
HO I. 95,765 0
HO M. 79,795 1,839
HO M. 115,441 0
HO S. 91,606 2,009
HOBBS K. 88,919 0
HOBBS K. 88,421 0
HOBSON A. 93,070 778
HODACSEK S. 92,326 601
HOFFARD N. 75,326 0
HOFFMANN K. 86,772 0
HOGG K. 81,645 303
HOHLBEIN L. 96,277 382
HOLBROOK J. 94,384 8,202
HOLDING J. 79,873 25
HOLISKO S. 94,824 0
HOLLEFREUND G. 146,384 7,525
HOLLEFREUND K. 75,561 0
HOLLOWAY R. 95,037 944
HOLMES G. 90,581 446
HOOVER R. 102,511 906
HOPKINS D. 120,632 191
HOPKINSON T. 103,070 763
HORVATH J. 99,443 0
HOSKINS B. 104,930 0
HOSKINS J. 104,830 754
HOSKINS L. 98,842 220
HOSSEINI S. 79,504 369
HOU J. 77,763 0
Insurance Corporation of British Columbia
94
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
HOUBEN J. 97,739 2,326
HOWARD A. 105,494 299
HOWARD D. 84,229 0
HOWARD P. 81,734 0
HRUDEY C. 100,447 3,356
HSU A. 92,472 181
HSU S. 93,921 0
HU X. 88,411 3,692
HUANG A. 133,949 1,011
HUANG F. 89,261 86
HUANG J. 76,842 6,630
HUBER J. 97,469 2,150
HUGHES B. 89,144 1,168
HUGHES K. 92,936 2,781
HUI D. 84,599 56
HUI J. 97,844 0
HUI K. 99,645 191
HUI M. 79,353 0
HUI M. 160,314 2,696
HUI M. 88,726 0
HUI P. 104,623 0
HULSTEIN J. 121,963 2,296
HUNDAL K. 121,181 230
HUNDAL S. 78,035 3,547
HUNDAL S. 88,636 0
HUNT S. 90,659 0
HUR K. 84,377 351
HURZIN B. 92,436 195
HUSSAIN B. 76,081 0
HUXLEY K. 126,282 1,669
HYDE H. 77,797 0
IDLER K. 80,333 0
IERACI M. 94,291 0
IGNACIO B. 94,947 0
IHEMANMA S. 91,028 0
IKEDA M. 93,161 0
ILCHUK D. 75,040 191
ILICI A. 92,658 554
INVENTO A. 82,756 0
IP S. 108,883 307
IP V. 112,832 403
IRVING L. 91,377 219
ISBISTER R. 103,739 0
ISMAGILOVA J. 105,439 233
ITAKURA R. 95,933 0
IVAN N. 91,454 500
IVANOV D. 86,193 0
IVES C. 88,560 0
JACKSON D. 101,840 0
JACKSON G. 83,357 0
JACKSON G. 124,383 2,312
JACKSON K. 92,139 191
EMPLOYEE NAME REMUNERATION EXPENSES
JACKSON M. 80,144 562
JACKSON S. 87,809 0
JACOB M. 75,879 0
JACOB W. 88,366 589
JACOBS D. 89,150 0
JACOBSON C. 123,939 997
JACOBY M. 98,562 8
JACQUART D. 91,726 452
JAGPAL R. 84,819 0
JAHN R. 81,734 0
JALDIN T. 87,168 0
JAMES S. 94,945 847
JANDAY S. 88,874 0
JANG C. 83,568 0
JANG H. 76,079 0
JANG S. 92,027 0
JANSEN A. 116,572 3,527
JARDINE P. 85,751 3,979
JASSAL M. 87,142 0
JAYASUNDARA P. 80,586 0
JEET J. 93,287 30
JEFTIC M. 148,724 2,973
JEFTIC M. 154,521 3,022
JEHANGIR I. 82,031 0
JENKINS M. 91,148 0
JEONG M. 82,541 30
JEPSON D. 76,225 0
JESSA K. 92,600 191
JEWELL K. 88,406 0
JHIM U. 92,572 0
JHUTTI B. 96,256 0
JIA J. 102,238 0
JIA N. 111,704 248
JILANI S. 92,233 0
JIMENEZ N. 459,306 28,778
JOHAL C. 94,991 1,984
JOHAL G. 162,018 558
JOHAL I. 96,188 0
JOHAL R. 140,091 76
JOHAL S. 76,788 0
JOHNSON C. 100,270 616
JOHNSON C. 90,084 191
JOHNSON D. 100,903 0
JOHNSON L. 109,808 0
JOHNSON L. 81,734 0
JOHNSON R. 103,025 0
JOHNSTON T. 75,486 0
JOHNSTONE B. 75,551 21
JOIYA S. 82,419 217
JONES B. 91,204 0
JONES D. 125,000 75
JONES L. 127,621 2,644
Statements and Schedules of Financial Information 2022/23
95
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
JONES R. 89,040 2,590
JORGE C. 111,920 2,818
JOSAN N. 83,227 0
JOSEPH-NIDUA J. 92,971 191
JOSEPHS R. 80,260 191
JOSHI P. 91,752 106
JOW A. 108,708 2,296
JOYCE S. 122,012 572
JUCO M. 100,092 128
JUDGE J. 140,712 1,236
JUDGE N. 79,580 0
JUMA A. 77,446 191
JUN S. 75,996 0
JUNG R. 99,624 191
JUNG T. 93,974 361
JURIC I. 97,352 0
JUTLA H. 166,073 420
JUTRAS M. 99,855 0
KAHLON M. 88,676 20
KAHLON R. 169,454 616
KAHLON S. 91,736 0
KAILA G. 82,120 0
KAILA K. 80,709 0
KAILA N. 154,022 202
KAILA N. 81,417 0
KAILA-GREWAL I. 107,215 2,504
KAILEY H. 82,224 0
KAJIWARA D. 111,226 231
KALETA J. 83,586 0
KALISCH G. 84,805 0
KALNINS L. 88,956 163
KAMAU E. 83,690 0
KAMBOH C. 94,474 784
KAN J. 91,616 1,356
KANANI R. 84,355 0
KANCHARLA J. 90,942 26
KANG S. 112,729 2,380
KAPOOR A. 86,939 735
KAPUR S. 85,959 20
KARPINSKI L. 91,019 253
KASHI PRAHALLADARAO S. 111,368 0
KATARIA H. 91,927 27
KATILA S. 91,670 0
KATINIC A. 83,076 918
KAUR J. 91,769 0
KAUR J. 79,346 0
KAUR M. 80,882 0
KAUR S. 98,088 0
KAVANAUGH N. 78,100 11,914
KAYSER M. 120,280 366
KEAN R. 133,200 372
KEEPENCE T. 89,823 86
EMPLOYEE NAME REMUNERATION EXPENSES
KEKS L. 88,809 0
KELCH K. 85,481 0
KELENY R. 114,302 3,775
KELLEPPAN A. 82,366 0
KELLER S. 86,961 168
KELLETT T. 119,354 0
KELLINGTON S. 89,061 0
KELSO S. 78,936 40
KEMP P. 239,091 7,124
KENNEDY E. 89,808 2,049
KENNELLY-MOHR B. 83,877 7,073
KEOUGH D. 126,619 10,241
KERK G. 92,142 0
KEW K. 91,987 0
KHAKH G. 108,705 0
KHALIL S. 79,465 0
KHAN R. 76,139 191
KHAN S. 106,929 0
KHAN S. 89,277 175
KHATAMI A. 75,636 1,111
KHIYANI M. 82,574 0
KIDD C. 81,754 72
KILBRAI T. 81,734 0
KILPATRICK A. 90,578 0
KILPATRICK J. 159,190 2,245
KIM D. 77,839 0
KIM H. 85,985 0
KIM H. 115,335 68
KIM J. 84,763 0
KIM K. 76,892 0
KIM M. 84,054 0
KIM M. 75,853 1,685
KIM S. 154,913 248
KIM S. 87,710 1,538
KIMBLE M. 100,467 55
KIMURA D. 137,403 107
KINAMORE T. 85,859 1,864
KING J. 96,307 529
KINNEY S. 92,016 0
KINSEY W. 96,908 0
KIRBY C. 90,059 3,905
KIRKHAM P. 117,686 0
KIRKHAM R. 173,629 4,908
KIRKPATRICK K. 89,286 2,914
KIRTON W. 93,014 3,103
KITCHEN T. 117,317 0
KLAR A. 76,752 2,973
KLEEFSTRA Z. 164,684 3,207
KLEIN K. 86,032 1,889
KLER K. 108,317 14
KLOOSTERMAN G. 75,649 0
KNAPE P. 75,817 0
Insurance Corporation of British Columbia
96
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
KNECHTLE A. 91,646 71
KNIPPELBERG S. 84,202 321
KO J. 76,003 0
KOCHHAR R. 78,851 0
KOENEN A. 117,277 170
KOIVUKANGAS A. 81,749 0
KOKOT A. 77,941 100
KOLE D. 93,166 5,268
KOLODZINSKI G. 122,727 1,168
KON D. 90,257 191
KONG J. 142,842 259
KONG K. 80,047 1,152
KONG S. 98,418 0
KOONAR H. 89,357 0
KOONER A. 96,336 0
KOONER H. 88,219 3,255
KOPCHUK K. 103,903 0
KOROLEV M. 88,726 0
KOSTASCHUK J. 93,283 2,609
KOSTUR S. 110,346 0
KOTANI H. 83,900 0
KOTHIWALA N. 94,248 0
KOTSABOIKIDIS H. 153,613 2,296
KOUDI N. 103,423 411
KOZAR J. 140,700 3,359
KRAVAC M. 80,123 0
KRIMMER J. 78,518 2,170
KRISTOPAITIS A. 79,987 0
KUEHN A. 90,163 0
KULAKOV O. 86,506 20
KULLAR J. 75,527 0
KULLMAN N. 107,264 0
KUMAR D. 94,115 3,302
KUMAR P. 77,166 0
KUMAR R. 100,426 0
KUMARAN S. 96,894 0
KUNG J. 130,086 353
KUTTETH HARIHARAN H. 115,381 33
KWAN A. 117,767 340
KWAN J. 92,888 194
KWOK C. 105,083 1,092
KWOK M. 85,915 0
KWOK M. 95,838 0
KWON T. 95,509 0
LABOUCAN K. 79,813 0
LAC H. 98,092 5,918
LACHANAS M. 94,609 0
LADNER P. 145,477 4,073
LAFORTUNE M. 77,245 0
LAI A. 89,566 0
LAI R. 82,901 0
LAI S. 117,951 614
EMPLOYEE NAME REMUNERATION EXPENSES
LAINCHBURY D. 82,789 0
LAING L. 104,611 884
LAL N. 78,156 610
LAL S. 96,983 1,541
LAM B. 88,374 0
LAM C. 120,323 273
LAM C. 137,871 516
LAM M. 88,478 0
LAM R. 106,738 4,827
LAM T. 100,756 1,698
LAM V. 90,372 0
LAM V. 81,155 0
LAM Y. 75,260 0
LAMIEL F. 88,853 3,139
LANE T. 123,091 374
LANG G. 96,633 352
LANGILLE L. 101,534 191
LANGRANA N. 122,969 3,358
LANGTRY P. 109,051 0
LAPAIRE D. 116,223 1,470
LAPLUME T. 80,590 3,279
LARSSON K. 91,246 0
LAU E. 103,691 0
LAU F. 89,158 2,325
LAU J. 91,873 0
LAU R. 97,904 86
LAUDADIO S. 154,102 4,008
LAUGUICO K. 99,648 12
LAUPRECHT H. 107,595 172
LAVIE E. 113,849 400
LAW S. 87,859 1,155
LAWAL A. 93,314 0
LAWRENCE J. 109,840 2,428
LAZARUS P. 103,291 248
LAZENBY K. 93,883 81
LE D. 76,246 0
LEARNED D. 115,618 631
LEBRUN D. 166,617 6,160
LEBRUN M. 75,573 78
LEDUC B. 79,003 50
LEDUC E. 76,109 0
LEE A. 140,502 829
LEE A. 119,671 478
LEE A. 89,150 0
LEE B. 89,817 0
LEE C. 87,920 0
LEE D. 82,580 191
LEE D. 79,484 70
LEE E. 85,828 0
LEE F. 85,611 0
LEE F. 88,608 0
LEE G. 96,073 0
Statements and Schedules of Financial Information 2022/23
97
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
LEE H. 75,888 0
LEE J. 137,048 5,090
LEE J. 85,254 0
LEE K. 90,166 0
LEE K. 87,725 1,000
LEE M. 116,990 0
LEE M. 167,960 2,960
LEE M. 145,072 2,999
LEE M. 123,481 232
LEE M. 84,221 0
LEE M. 79,561 0
LEE P. 134,991 0
LEE R. 125,571 18
LEE R. 122,341 2,067
LEE S. 86,124 0
LEE S. 92,414 630
LEE V. 105,502 4,048
LEESON J. 78,366 540
LEE-YOUNG D. 95,835 0
LEE-YOUNG G. 86,043 0
LEGGETT K. 99,781 0
LEIGHTON K. 86,276 76
LENCH B. 77,386 0
LENCOVIC C. 124,065 2,973
LEONG P. 319,979 3,681
LESPERANCE J. 148,475 215
LESSARD E. 111,087 919
LESTON L. 97,505 191
LEUNG C. 94,040 0
LEUNG E. 103,405 3,626
LEUNG E. 89,335 0
LEUNG H. 81,199 2,770
LEUNG P. 96,040 0
LEUS C. 85,620 0
LEWIS A. 128,847 1,337
LEWIS C. 114,805 100
LEWIS D. 106,693 0
LEWIS D. 102,252 0
LEWIS N. 88,445 206
LEZICA M. 119,471 757
LI A. 210,443 8,464
LI A. 106,196 1,000
LI C. 110,936 738
LI E. 157,341 654
LI G. 84,047 0
LI J. 99,590 0
LI R. 153,313 1,681
LI Y. 79,160 4,516
LI Y. 133,753 265
LI Z. 102,662 3,826
LI Z. 86,951 402
LI Z. 83,878 0
EMPLOYEE NAME REMUNERATION EXPENSES
LIANG Y. 102,670 30
LIANG Y. 90,475 402
LIGUORI T. 91,677 30
LIM K. 101,447 0
LIM T. 88,429 20
LIN C. 86,675 30
LIN M. 120,974 25
LIN R. 93,779 0
LIN X. 84,915 2,210
LIN Y. 91,810 0
LINDEN M. 93,613 0
LINDEN R. 101,355 297
LINDEQUE L. 134,200 0
LINDESAY M. 102,361 1,306
LINTON N. 174,389 4,651
LINZMEIER J. 105,829 0
LIOW K. 75,774 0
LIPKEWICH R. 93,073 0
LIPPELT M. 106,748 5,531
LISE R. 75,707 0
LIU A. 99,644 0
LIU C. 91,606 0
LIU D. 75,621 798
LIU H. 91,990 101
LIU J. 79,142 804
LIU K. 112,262 1,475
LIU S. 79,691 2,053
LIU T. 121,777 0
LIU Y. 84,819 30
LIU Y. 109,705 6,374
LIU Y. 76,146 4,551
LO F. 140,547 0
LO K. 102,035 285
LO M. 86,811 0
LOACH A. 236,992 4,745
LOCHRIE L. 108,200 0
LOCK M. 106,514 95
LOISELLE S. 115,814 1,438
LONDON S. 94,960 646
LONDONO G. 97,193 346
LONG S. 77,314 0
LOO A. 88,570 0
LOO I. 79,066 3,326
LOOS R. 111,251 0
LOPEZ-DEE M. 115,770 3,543
LORE R. 94,949 0
LOUCAKOS S. 92,564 0
LOUGHLIN J. 80,582 0
LOUIE W. 105,024 86
LOW Y. 81,966 0
LOWE K. 86,193 0
LOZANO J. 77,350 0
Insurance Corporation of British Columbia
98
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
LU B. 77,727 0
LU C. 94,131 0
LU Q. 83,524 0
LU T. 85,661 228
LU T. 80,807 353
LUCHIES J. 104,557 0
LUDDU M. 99,414 0
LUDWIG T. 75,655 191
LUI L. 107,677 0
LUM MIN S. 89,151 0
LUM S. 83,084 0
LUM W. 88,552 0
LUND J. 94,357 0
LUNDELL M. 75,094 0
LUO J. 98,329 1,160
LUONG S. 95,113 0
LUU J. 90,931 250
LUU M. 103,245 101
LY J. 76,748 77
MA A. 97,520 132
MA B. 131,077 0
MA K. 90,839 25
MA S. 116,502 1,319
MA V. 99,866 0
MA W. 100,597 0
MABEY T. 93,586 2,195
MAC DONALD D. 95,876 12,361
MAC DONALD S. 83,149 0
MACALINO R. 75,802 432
MACAPINLAC R. 127,726 2,478
MACBURNIE M. 86,758 206
MACDONALD A. 110,619 2,205
MACDONALD C. 84,792 188
MACDONALD K. 82,759 0
MACDONALD N. 78,610 1,002
MACEK S. 90,736 191
MACFARLANE E. 79,954 0
MACGILLIVRAY L. 88,994 0
MACGREGOR B. 81,765 0
MACHTMES M. 82,522 0
MACK D. 80,552 184
MACKAY B. 81,734 0
MACKAY K. 131,463 323
MACKAY M. 113,293 881
MACLEAN V. 101,924 60
MACLEOD S. 118,585 1,083
MACMEEKIN C. 90,106 145
MACNEIL C. 107,952 0
MACRI S. 83,628 0
MADAN P. 91,625 128
MADANAYAKE U. 89,027 1,638
MADDALA R. 111,236 0
EMPLOYEE NAME REMUNERATION EXPENSES
MADSEN K. 79,569 1,397
MAFRAJI A. 82,114 211
MAGANA M. 75,115 0
MAGILL A. 100,690 1,828
MAH J. 142,213 3,111
MAH S. 91,177 26
MAHAJAN A. 92,394 0
MAHARAJ S. 91,886 2,957
MAHDAVIANI D. 99,752 127
MAI V. 89,712 0
MAIER B. 115,807 16,247
MAIN J. 94,672 2,679
MAIO A. 93,316 0
MAK J. 77,089 578
MAK J. 85,027 0
MAK L. 198,311 509
MAK Y. 102,186 323
MAKAN R. 85,687 0
MAKULAVICIUS P. 90,895 1,338
MALAEB M. 78,820 216
MALAWIYA R. 83,366 464
MALEKAR S. 107,644 34
MALIK S. 77,073 803
MALLARI L. 79,670 2,195
MALLEK A. 138,630 2,888
MALM A. 80,233 0
MALVANKAR A. 80,783 0
MAN L. 147,487 63
MAN M. 164,210 1,004
MANCHANDA S. 75,323 22
MANDAIR J. 113,864 422
MANDER S. 80,043 0
MANGAT P. 108,371 2,356
MANHAO R. 98,916 1,240
MANKUZHI SUDHA M. 77,479 0
MANN P. 94,541 2,053
MANN S. 140,956 373
MANSELL S. 83,578 212
MANUEL H. 102,829 0
MANUEL J. 76,856 556
MANUEL K. 82,709 17
MAO Y. 111,964 0
MAPLE T. 133,818 3,524
MARA C. 90,394 191
MARBELLA C. 92,094 191
MARCHI J. 174,065 3,789
MARCOTTE L. 80,878 75
MARIA V. 97,009 0
MARINI M. 107,422 0
MARINOV I. 80,858 0
MARION C. 107,716 2,473
MARLES K. 97,299 90
Statements and Schedules of Financial Information 2022/23
99
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
MARQUES DA SILVA S. 85,817 0
MARSHALL L. 118,051 434
MARTE A. 106,293 4,833
MARTENS B. 75,080 0
MARTIN D. 91,162 0
MARTIN J. 83,066 0
MARTIN M. 118,397 42
MARTIN M. 117,289 1,074
MARTIN S. 103,081 0
MARTINS J. 96,578 32
MARTON F. 120,562 11,542
MARVEL D. 117,581 52
MASERA B. 85,024 3,759
MASHHADI AVAZ TEHRANI H.
134,967 0
MASON D. 88,535 219
MASSULLO C. 109,605 30
MATHARU H. 89,212 0
MATHESON C. 106,764 1,812
MATHEW A. 78,555 1,558
MATHIESON D. 108,475 877
MATIBAG E. 76,037 0
MATTAMEL D. 96,061 110
MATTHEWS L. 300,592 9,015
MATTHEWS R. 136,821 2,048
MATTHEWS S. 84,337 1,189
MATTIELLO L. 79,237 337
MATTU B. 92,477 0
MAUGER R. 90,320 0
MAURO J. 90,003 0
MAURO L. 85,114 191
MAURO L. 134,120 102
MAW P. 101,360 0
MAXWELL W. 76,383 0
MAYEDE G. 84,988 0
MAYHEW D. 85,975 0
MCARTHUR T. 86,467 0
MCAULEY A. 93,630 0
MCAVANY S. 93,420 7,058
MCBAIN M. 82,220 378
MCCALL K. 76,268 698
MCCARTHY G. 81,065 0
MCCARTHY S. 80,546 0
MCCAULEY L. 98,256 2,850
MCCONNELL A. 109,992 1,725
MCCORMACK C. 81,300 0
MCCORMICK S. 109,446 394
MCCORMICK T. 109,829 2,296
MCCREERY L. 157,972 2,983
MCCULLOUGH R. 168,056 3,350
MCCUNE J. 96,833 17
MCCUTCHEON D. 75,222 0
MCDANIEL J. 317,432 8,654
EMPLOYEE NAME REMUNERATION EXPENSES
MCDONALD B. 128,595 93
MCDONALD D. 81,734 0
MCDONALD S. 99,735 0
MCEVOY E. 97,814 836
MCGILVERY T. 142,525 9,280
MCGREGOR S. 86,288 0
MCKAY D. 91,875 0
MCKAY F. 91,491 2,007
MCKENZIE L. 91,486 1,267
MCKERNAN C. 130,270 0
MCLEAN S. 95,835 0
MCLELLAN J. 98,653 676
MCMAHON D. 85,268 96
MCMANN M. 79,303 471
MCMANUS E. 84,341 31
MCMANUS P. 77,675 0
MCMILLAN P. 98,044 0
MCMILLAN P. 138,597 90
MCMINN T. 79,694 0
MCNAMARA S. 102,023 32
MCRAE G. 75,702 0
MCWILLIAMS R. 118,581 380
MEADE A. 146,085 2,334
MEHMI-KHELLA S. 79,057 0
MEHTA V. 78,981 0
MEHTA V. 79,711 0
MEILI S. 138,714 0
MELNIKOVA A. 105,954 25
MELO DA SILVA T. 84,973 0
MENARD D. 191,213 4,630
MENDEZ V. 87,315 0
MENDONCA L. 76,014 3,329
MERALI K. 87,630 0
MERCHANT D. 148,866 6,773
MERESA L. 83,704 13,533
MESZAROS J. 93,539 0
MEYER C. 125,910 164
MEYER T. 97,003 1,718
MICHAEL D. 77,585 0
MICHEL S. 81,875 191
MIGUEL CAVALCANTE LIMA A.
83,053 0
MIKE K. 75,873 2,236
MIKITCHUK A. 122,744 129
MIKKELSEN B. 96,183 0
MILES J. 76,772 0
MILLER A. 82,003 479
MILLER L. 112,387 0
MILLER L. 88,645 191
MILLER R. 95,821 1,046
MILLER R. 111,264 2,977
MILLS D. 90,094 2,172
MILNER M. 120,990 255
Insurance Corporation of British Columbia
100
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
MIM D. 96,617 0
MING Z. 80,984 0
MIRCHANDANI C. 89,085 0
MISE P. 96,610 869
MISKO L. 81,163 0
MISRA N. 140,992 0
MISTRY N. 90,608 2,951
MITUTA M. 103,303 845
MIYASHITA A. 102,985 1,270
MOEN R. 147,477 1,145
MOFFITT B. 86,227 2,609
MOGER K. 78,727 1,739
MOHAMMED J. 97,433 191
MOHAMMED P. 82,269 0
MOHAN A. 77,738 0
MOIZUMI T. 104,382 109
MOK M. 78,025 149
MOLEMA M. 129,380 716
MOLINELLI S. 102,874 461
MOLNAR B. 119,281 302
MONIZ M. 78,120 0
MONTEIRO K. 77,541 1,849
MONTGOMERY M. 89,480 0
MOONEY R. 94,056 3,317
MOORE C. 77,853 0
MOORE K. 75,926 0
MOORE S. 85,497 0
MORAN N. 95,642 901
MORAN T. 75,018 833
MOREHOUSE S. 82,325 0
MORGAN J. 90,855 52
MORIN D. 124,801 0
MORIN S. 135,207 0
MORLEY L. 97,329 0
MORNEAU R. 90,359 892
MORO D. 93,662 55
MORRALL G. 105,543 2,063
MORRIS J. 75,768 0
MORRIS S. 111,990 427
MORRIS T. 98,510 33
MORTIMER B. 82,278 754
MORTIMER M. 80,343 1,499
MOUSTAKAS S. 84,813 81
MRAKIC M. 86,471 27
MUGHAL A. 104,950 5,627
MULLIGAN W. 96,413 253
MUNG D. 87,793 38
MUNIAN R. 75,066 0
MUNN K. 159,107 4,082
MUNT K. 88,932 191
MURPHY M. 176,022 3,468
MURPHY S. 92,726 0
EMPLOYEE NAME REMUNERATION EXPENSES
MURRAY R. 111,545 12,617
MVUNDURA O. 212,435 28,618
MWENDWA A. 104,433 0
MYSHKO T. 79,207 0
NADALIN K. 85,766 43
NADURAK K. 75,259 0
NAGANDLA S. 134,741 920
NAGY C. 114,947 0
NAICKER R. 94,294 0
NAIDU L. 76,656 0
NAIDU N. 89,173 59
NAMANYA R. 87,579 191
NAMDJOO D. 75,634 21
NANOS L. 88,145 0
NAQVI A. 99,115 0
NARAINA K. 80,847 0
NARANG A. 83,897 0
NARAYAN R. 80,756 0
NARESH K. 125,323 6,336
NARWAL J. 93,405 39
NASH A. 78,634 0
NASIRIAN L. 76,413 0
NATHAN V. 142,965 1,022
NAVA C. 102,381 2,835
NAVARRO M. 84,129 56
NEAL P. 97,128 1,949
NEARING T. 76,232 329
NEESE N. 127,598 518
NEGYAL W. 112,838 3,004
NELSON J. 83,085 0
NELSON K. 112,871 3,185
NEMATIFAR M. 118,902 118
NEPOMUCENO J. 111,704 2,482
NETTO A. 88,239 583
NEUFELD M. 96,732 191
NEWBERY R. 89,456 0
NEWMAN B. 116,920 77
NEWMAN T. 95,956 0
NG A. 118,455 1,081
NG C. 124,244 416
NG C. 89,340 0
NG E. 97,143 0
NG J. 124,191 1,194
NG J. 95,171 0
NG J. 123,371 544
NG L. 91,041 0
NG P. 102,212 0
NG P. 93,063 86
NG T. 91,726 0
NG Y. 116,627 0
NGAI C. 106,226 318
NGAI F. 80,012 0
Statements and Schedules of Financial Information 2022/23
101
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
NGAN G. 78,025 86
NGAN J. 79,052 0
NGO H. 119,277 0
NGUYEN D. 134,935 179
NGUYEN J. 188,663 1,579
NGUYEN L. 112,485 0
NGUYEN Q. 75,548 525
NGUYEN Q. 138,555 173
NGUYEN T. 97,023 100
NGUYEN T. 79,066 0
NGUYEN T. 83,874 0
NIBBELINK A. 138,233 164
NICKASON N. 165,556 2,973
NIEWELER E. 93,210 0
NIJJER R. 94,061 0
NIMI D. 89,746 0
NIP C. 107,099 4,796
NISHI K. 104,619 0
NISHI L. 102,805 199
NITA A. 77,867 0
NIU Y. 117,793 1,000
NOBLE V. 76,859 0
NOEL T. 92,774 0
NOMURA K. 93,174 0
NOORI F. 106,400 593
NORMAN B. 110,291 0
NORMAND C. 86,054 0
NORRIE E. 80,904 0
NOUJAIME R. 118,289 217
NOVENO M. 81,074 17
NOWACZEK J. 99,861 237
NOWAK M. 90,266 222
NUNN J. 115,184 7,474
NUSCHE M. 108,974 1,888
NUTLAND K. 85,409 191
NYAMANDI V. 98,245 1,566
OCHIGBANO E. 84,907 728
O’CONNOR M. 78,268 0
ODDY E. 93,791 849
ODEYALE T. 84,487 0
O’FLAHERTY M. 98,755 0
OH S. 114,339 1,411
OKAFIEMHIN L. 85,561 0
O’KEEFFE P. 104,777 0
OKOYE P. 89,327 0
OLABANJI O. 76,106 0
OLAR N. 90,815 0
OLEYNIK S. 80,516 0
OLIVER J. 101,536 0
OLOVSON-CLEVELAND E. 91,556 0
OLSON D. 78,072 5,197
OMULE K. 90,107 412
EMPLOYEE NAME REMUNERATION EXPENSES
O’NEILL J. 81,486 0
ONG J. 76,054 0
ONG S. 122,803 413
ONO Y. 96,250 53
OOI S. 185,265 1,306
OPDAHL C. 110,650 3,318
OPENSHAW S. 93,731 3,064
OR V. 88,964 2,195
OREA R. 102,557 0
O’REGAN K. 105,687 0
ORENC F. 75,996 30
ORENDAIN G. 91,077 0
ORIEUX C. 75,456 0
O’ROURKE D. 76,971 0
ORR J. 95,949 4,674
OSADCZUK S. 106,870 1,252
OSEMWINGIE J. 123,001 3,042
O’SHEA L. 75,750 76
OSOBIK I. 129,285 4,180
OSTROWKA K. 105,751 44
O’TOOLE T. 115,397 1,453
OTWAY K. 76,938 0
OUELLETTE J. 102,239 445
OUELLETTE L. 97,420 0
OWEN-BLAS M. 121,159 182
OWEN-KING K. 148,870 3,501
PABLO C. 96,426 0
PACHINI R. 93,137 211
PADDOCK S. 116,619 1,960
PAEZ J. 155,595 3,088
PAGALA F. 75,832 0
PAHWA S. 88,067 0
PAISLEY R. 102,970 0
PAL A. 76,960 0
PAL E. 79,302 200
PALACIOS N. 86,597 649
PALANISAMY C. 79,713 0
PALEN R. 82,387 814
PALIA K. 76,780 0
PALK S. 109,601 0
PALTIEL C. 128,177 363
PANCHENKO L. 94,535 0
PANG C. 94,592 25
PANG W. 105,437 0
PANNU J. 98,016 0
PANOV S. 96,034 3,993
PANTUSA A. 80,083 0
PANTUSA S. 112,073 60
PAPAIYA R. 83,848 4,269
PARFENIUK T. 88,020 0
PARHAT R. 92,877 0
PARILLA C. 90,833 423
Insurance Corporation of British Columbia
102
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
PARK J. 94,050 191
PARK J. 87,192 0
PARK S. 131,852 3,358
PARKER T. 102,858 455
PARKES M. 145,568 2,992
PARKHOR J. 79,740 1,214
PARKIN T. 105,419 8,750
PARMAR M. 79,431 25
PARROTT C. 83,442 0
PARRY J. 101,961 179
PASCUAL S. 76,822 0
PASKALIDIS K. 79,328 0
PATEL D. 102,941 2,205
PATEL S. 112,820 0
PATEL S. 99,336 0
PATEL Y. 75,225 0
PATERSON C. 87,406 1,079
PAU M. 95,835 0
PAUL J. 117,504 540
PAULIC M. 82,043 0
PEERS K. 93,881 2,260
PEMKOWSKI D. 164,298 5,441
PENG B. 83,619 54
PENN J. 105,569 4,295
PEREIRA M. 81,411 0
PEREIRA S. 115,629 785
PEREZ DE LEON M. 76,567 14
PEREZ E. 97,582 4,735
PEREZ J. 81,746 0
PERRY E. 88,535 191
PERSCHONKE K. 158,832 1,826
PETERS S. 106,420 0
PETERSEN E. 91,928 470
PETRIE C. 80,684 1,218
PETRIE M. 132,602 2,558
PETTIT A. 98,071 738
PHAM K. 75,144 754
PHILLEY A. 95,306 0
PHILLIPS C. 98,621 420
PHILLIPS T. 82,691 0
PIASTA K. 84,799 0
PICCHIONI C. 89,071 191
PICILLO M. 87,787 77
PICKERING N. 78,637 160
PIERCE M. 105,031 0
PILLAI S. 93,159 0
PINIACH P. 145,307 415
PITEAU T. 83,592 120
PITT C. 89,151 155
PITZMAN M. 131,968 2,916
PLOMP R. 96,546 9,835
PLUMMER M. 152,071 2,540
EMPLOYEE NAME REMUNERATION EXPENSES
POERNOMO C. 81,977 0
POIRIER R. 109,138 0
POLLARD G. 80,407 0
POOLE D. 104,884 3,499
POOLE K. 157,835 144
POP T. 96,384 0
POPA T. 95,817 0
PORT C. 140,372 604
PORTERFIELD B. 98,912 420
POSTNIKOFF B. 91,311 1,353
POTTERY J. 122,376 2,666
POTTS F. 101,450 191
POTTS L. 79,470 209
POULSON L. 103,647 1,082
POWERS R. 117,365 1,461
PRABHAKAR K. 112,675 925
PRAIN L. 105,295 609
PRASATH A. 78,036 0
PREDDY I. 93,631 2,248
PREDEAUX D. 81,765 437
PREFONTAINE N. 79,490 753
PREISSLER S. 77,969 0
PRELLWITZ J. 142,428 5,761
PREMACK C. 89,661 2,220
PROCKIW K. 188,711 6,387
PRZYBYLSKI M. 171,194 232
PULKO M. 115,072 659
PURCELL J. 108,226 394
PUREWAL C. 119,000 3,457
PURI T. 90,390 0
PUTERMAN D. 122,526 577
QI F. 97,648 3,287
QIAO K. 99,439 0
QIU D. 116,435 19
QIU X. 78,508 0
QU S. 78,063 86
QUAN M. 96,826 191
QUENNEVILLE M. 89,718 0
RACHAMADUGU P. 112,201 401
RADOSEVIC D. 80,442 519
RAFFARD D. 90,326 191
RAI H. 106,885 0
RAI K. 119,327 220
RAI S. 78,839 0
RAI S. 113,365 409
RAI V. 145,909 698
RAJAN JACOB A. 136,105 5,979
RALPH A. 75,702 56
RAM A. 81,680 0
RAMACHANDRAN N. 84,456 183
RAMACHANDRAN R. 90,379 0
RAMESHA R. 78,692 73
Statements and Schedules of Financial Information 2022/23
103
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
RAMLU A. 79,468 0
RAMSAY L. 96,855 0
RANDHAWA K. 80,210 185
RANDHAWA S. 81,450 0
RANIGA B. 93,550 0
RANIGA L. 89,737 0
RAPOSO M. 94,451 0
RATHBONE J. 90,813 1,514
RE F. 146,699 1,994
READ C. 127,803 1,070
READ L. 115,074 42
REDILA B. 81,575 0
REGNIER R. 90,942 0
REGUSH H. 135,360 2,994
REID A. 96,710 2,168
REID E. 88,842 680
REID T. 95,141 191
REILLY J. 104,214 568
REIMER D. 162,008 2,612
REINHARDT K. 76,578 191
REITER M. 94,586 0
REITER S. 78,568 566
REMATORE M. 89,588 0
REMPEL E. 92,699 0
REMPEL T. 106,374 0
RESTALL K. 84,781 318
REYNOLDS A. 148,206 2,872
REYNOLDS J. 83,476 0
REZNIK N. 105,783 45
RHIM H. 100,337 0
RIASAT W. 83,932 0
RIBEIRO D. 115,600 669
RICHARDSON D. 201,472 11,488
RIDDLE A. 101,032 691
RIDLEY N. 149,261 4,707
RIGOLO V. 75,439 0
RISHI S. 94,127 100
RISPIN M. 111,821 17,040
RIVA T. 85,377 0
RIVARD C. 98,520 0
RIVERA P. 95,654 0
ROBERTSON B. 89,379 0
ROBERTSON J. 136,533 757
ROBERTSON M. 117,513 0
ROBINSON C. 137,306 770
ROBINSON C. 85,562 7,316
ROBINSON K. 124,390 776
ROBIRTIS D. 88,535 0
ROBSON A. 116,387 1,495
RODDICK K. 116,050 2,700
RODRIGUES PIRES D. 80,995 2,489
RODRIGUEZ E. 89,937 78
EMPLOYEE NAME REMUNERATION EXPENSES
ROEST C. 85,084 879
ROGERS L. 77,765 0
ROHNE A. 93,441 0
ROJEN M. 88,191 0
ROKKAM S. 104,527 353
ROLFSEN C. 92,179 191
ROMANIUK L. 87,672 1,000
ROMARD T. 92,832 1,087
ROMERO DA CRUZ D. 114,375 0
ROOT A. 167,205 4,834
ROSALES R. 77,074 202
ROSENBERG T. 102,524 0
ROSSETTI M. 85,635 129
ROSTAM S. 118,324 0
ROWLEDGE L. 81,507 1,400
ROY C. 76,404 829
RUBY W. 75,108 65
RUDKOWSKI A. 90,036 0
RUDOLPH S. 87,324 0
RUEST N. 95,334 1,151
RUGGLES R. 81,765 0
RUGGLES S. 117,020 3,145
RUMBLE G. 190,538 5,774
RUSSELL B. 76,820 2,535
RUSSELL S. 89,012 0
RYAN C. 141,487 1,839
RYE K. 202,438 3,117
SAADEH T. 102,219 180
SAALFELD S. 85,608 0
SABET F. 75,366 0
SADGROVE L. 97,620 191
SADRA M. 145,919 2,652
SAFARI Z. 78,845 0
SAFRUIK G. 88,523 6,210
SAGER C. 81,610 0
SAHOTA M. 88,131 2,794
SAHOTA R. 114,056 554
SAILOR S. 90,034 168
SAINI S. 87,918 0
SAKAI K. 78,334 1,170
SAKULER C. 93,903 111
SALAVER Z. 81,670 0
SALVADOR J. 78,056 20
SAMA N. 92,110 64
SAMANIEGO C. 77,265 0
SAMRITI S. 81,571 30
SAN J. 105,247 1,521
SANDALL G. 135,473 1,178
SANDHER G. 81,109 1,234
SANDHU H. 87,869 24
SANDHU J. 82,562 0
SANDHU K. 110,989 0
Insurance Corporation of British Columbia
104
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
SANDHU L. 177,448 5,390
SANDHU M. 80,979 6,186
SANDHU P. 100,158 0
SANDHU P. 94,199 235
SANDHU P. 80,051 0
SANDHU R. 78,068 0
SANDHU S. 88,570 0
SANDHU S. 129,371 0
SANDHU T. 89,894 0
SANDOVER S. 77,626 0
SANDRIN F. 104,242 0
SANGHA H. 85,606 0
SANGHA S. 97,310 0
SANTILLAN B. 75,973 0
SANTOS C. 105,380 0
SANTOS M. 79,186 0
SARAN S. 90,215 1,078
SARANCHUK L. 107,458 2,034
SARGENT D. 206,836 5,286
SARKESSIAN A. 79,052 0
SAROA J. 91,026 0
SARTORE J. 147,666 508
SAUNDRY R. 88,570 191
SAVINO B. 84,386 0
SAWHNEY J. 98,379 1,104
SAWHNEY K. 92,529 0
SAYERS T. 148,971 0
SCALI A. 93,639 0
SCHAEFER K. 97,128 0
SCHAER K. 116,035 2,973
SCHANZENBACH V. 82,496 0
SCHARF M. 76,992 0
SCHEDEL V. 148,731 13,234
SCHICK R. 81,734 191
SCHMIDT M. 98,563 0
SCHMIDT P. 96,663 670
SCHNEIDER K. 98,396 191
SCHOEMAN H. 133,551 1,807
SCHORNAGEL S. 94,117 3,259
SCHROEDER T. 89,009 0
SCHULTZ A. 137,245 1,984
SCHUURMAN P. 96,502 881
SCHWARTZ C. 77,031 0
SCLATER R. 126,301 0
SCOTLAND J. 77,230 0
SCOTT A. 96,010 414
SCOTT M. 94,404 2,205
SCOTT V. 104,355 104
SCOVELL M. 86,914 0
SCUDELLER A. 87,707 0
SCULLION L. 82,001 89
SEAH H. 81,734 0
EMPLOYEE NAME REMUNERATION EXPENSES
SEHGAL A. 85,486 238
SELINE K. 99,843 26
SELVER B. 122,311 17,329
SENFT D. 80,410 181
SENGHERA J. 90,519 86
SENGHERA S. 139,669 1,432
SEOW S. 97,038 2,310
SEPULVEDA MAGALHAES F. M.
93,128 299
SERBAN D. 92,922 0
SESSIONS S. 82,607 42
SETTICASI P. 180,140 3,075
SEVILLA G. 93,309 191
SHAH K. 95,956 75
SHAIKH T. 86,161 0
SHANMUGAM T. R. 103,431 778
SHANNON K. 115,761 813
SHAPTON S. 115,794 933
SHARAN S. 94,687 0
SHARMA A. 88,024 0
SHARMA G. 88,982 0
SHARMA H. 95,704 0
SHARMA N. 79,093 390
SHARMA S. 119,070 304
SHARMA S. 83,067 0
SHARMA V. 93,123 0
SHARP L. 81,601 23
SHAYEGAN J. 152,906 317
SHEARER B. 125,566 234
SHEPPARD D. 92,116 0
SHETTY V. 87,782 0
SHEW W. 80,922 0
SHI J. 133,853 0
SHIBATA A. 121,264 0
SHIGEMATSU A. 85,095 0
SHIN L. 79,391 573
SHING A. 99,706 0
SHIRVANI A. 76,682 556
SHOKAR S. 97,892 191
SHOTBOLT C. 79,148 0
SI P. 157,028 3,047
SIDDIQUI A. 103,206 0
SIDHU A. 89,063 0
SIDHU D. 106,330 0
SIDHU M. 120,250 872
SIDHU N. 91,710 0
SIDHU P. 87,311 0
SIDHU P. 77,463 0
SIDHU R. 81,688 0
SIDHU R. 79,258 20
SIEMENS B. 123,878 281
SIEMENS S. 81,734 0
SIGURDSON E. 89,213 212
Statements and Schedules of Financial Information 2022/23
105
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
SILVEIRA P. 167,516 0
SIM D. 119,556 2,628
SIMISTER J. 127,455 8,533
SIMMONS B. 86,907 0
SIMPSON B. 83,701 0
SIMPSON P. 95,762 1,158
SIMS C. 98,283 0
SIM-SIM DAVID M. 92,435 0
SINCLAIR E. 156,720 4,094
SINGH A. 80,427 18
SINGH A. 87,089 0
SINGH G. 101,259 0
SINGH P. 118,182 2,024
SINGH R. 131,877 1,444
SINGH S. 138,912 2,987
SINGH S. 89,478 0
SINGH S. 83,649 0
SINGHERA J. 79,550 0
SINHA P. 93,961 402
SINITSIN C. 83,272 0
SIRIPURAPU D. 83,946 0
SISON N. 92,997 0
SIT E. 97,021 0
SIU B. 95,775 0
SIU T. 84,278 0
SIVALINGAM J. 94,112 0
SIWINSKI B. 81,126 0
SKJERPEN K. 84,451 46
SMATANOVA D. 81,575 0
SMITH A. 92,905 0
SMITH H. 102,584 0
SMITH J. 120,096 0
SMITH J. 124,612 2,611
SMITH J. 108,962 1,279
SMITH L. 76,844 0
SMITH P. 117,501 4,450
SMITH P. 89,126 0
SMITH R. 79,143 0
SMITH R. 89,495 0
SMITH S. 122,791 0
SMITH T. 85,516 0
SNOOK D. 95,290 0
SO R. 78,210 0
SOAMES B. 82,403 0
SOETISNA S. 79,026 0
SOHIER A. 174,236 10,400
SOLEIMANIAN A. 94,420 0
SOMANI S. 75,591 163
SOMERS I. 100,612 0
SOND J. 98,328 1,156
SONG M. 83,351 0
SONI R. 94,063 50
EMPLOYEE NAME REMUNERATION EXPENSES
SOO T. 103,665 191
SOON L. 103,854 0
SOORAM R. 91,601 402
SOUSA F. 98,540 191
SOUTHWORTH M. 100,408 107
SOUVERYN C. 79,098 0
SPECHT J. 91,147 3,129
SPENCER S. 118,177 115
SPENCER S. 77,181 0
SPINDOR A. 115,179 311
SPITALE J. 76,707 491
SPONAGLE D. 80,449 0
SPRATT M. 108,581 0
SPYKER M. 78,100 7,697
ST DENIS J. 77,465 69
ST. DENNIS L. 123,079 0
STANLEY C. 85,326 191
STAPELMANN M. 111,263 191
STAPLETON K. 99,818 1,046
STARK M. 95,643 500
STATTON D. 93,164 0
STATTON G. 131,091 3,123
STEDING E. 78,646 0
STEEL K. 81,565 0
STEELE B. 90,813 446
STEEN K. 86,439 2,916
STEIN P. 91,265 18
STEINBERG W. 152,239 2,973
STEIRO C. 134,681 12,888
STEPHENSON D. 95,940 0
STEVENS P. 83,288 0
STEVENS V. 107,399 2,126
STEVENSON T. 76,024 0
STEVENSON T. 92,079 0
STEWART A. 80,269 775
STEWART A. 100,640 931
STEWART C. 90,195 0
STEWART J. 102,719 0
STOCKLEY S. 89,172 753
STRAMPE A. 88,535 0
STRATYCHUK K. 82,493 232
STRAUSS P. 236,242 5,078
STUKEL J. 98,153 0
SU D. 97,444 0
SUBASIOGLU H. 97,598 0
SUGATHAN J. 93,942 2,676
SUM A. 75,145 0
SUMNER L. 88,552 0
SUN H. 93,529 0
SUN K. 90,790 0
SUN M. 92,863 1,134
SUN W. 121,172 636
Insurance Corporation of British Columbia
106
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
SUNG A. 96,885 1,000
SURINE R. 113,593 0
SUTANTO K. 106,171 0
SUTHERLAND C. 146,226 3,110
SUTHERLAND M. 106,998 0
SUTHERLAND P. 86,637 0
SUTHERLAND R. 83,361 0
SUTHERLAND S. 92,869 3,693
SWAN C. 77,031 0
SWEENEY J. 86,076 0
SWEETING A. 88,355 0
SZETO C. 134,459 233
SZETO T. 83,048 0
SZKICA M. 79,062 15
SZOLADI R. 87,983 1,095
TAAMS E. 75,668 2,205
TADEY C. 98,429 2,702
TAHERI P. 90,163 0
TAKHAR A. 83,678 87
TAKHAR P. 79,079 0
TALBOT-BOYLE M. 108,508 0
TAM C. 83,138 363
TAM K. 154,143 0
TAM M. 98,307 0
TAMBER H. 242,054 1,645
TAN J. 81,754 0
TAN J. 293,950 12,565
TAN J. 89,476 0
TAN J. 89,801 0
TAN L. 90,509 0
TAN V. 75,713 2,204
TAN Z. 114,202 712
TANG C. 87,707 0
TANG H. 85,179 0
TANG K. 91,099 0
TANG K. 81,793 3,306
TANG M. 86,978 0
TANG M. 126,734 2,296
TANG P. 79,437 4,183
TANG S. 93,936 1,245
TANG W. 94,141 30
TANG W. 146,882 220
TANG Y. 82,553 0
TANKE R. 90,676 326
TARANTINO J. 132,584 2,973
TARUN E. 82,670 0
TARUN G. 77,794 0
TASCON A. 117,302 998
TASH A. 93,672 914
TAY T. 119,870 0
TAYLOR A. 117,651 486
TAYLOR A. 88,363 0
EMPLOYEE NAME REMUNERATION EXPENSES
TAYLOR D. 77,464 101
TAYLOR G. 103,338 3,819
TAYLOR K. 132,298 277
TAYLOR N. 83,429 86
TAYLOR S. 83,642 0
TAYLOR T. 108,336 237
TAZELAAR T. 128,915 534
TEHRANI-KIA F. 90,800 0
TEIXEIRA T. 84,816 191
TENTES S. 96,392 38
TERAGUCHI L. 159,869 0
TERAO H. 120,940 403
TERMUENDE R. 125,372 2,128
TERRILLON P. 88,195 0
TETZEL R. 77,187 183
THANGAVELU H. 112,374 756
THAYYIL R. 90,548 0
THAZHE PURAYIL S. 81,784 0
THIND R. 102,901 158
THIND R. 92,971 2,638
THIYAGARAJAN S. 125,592 0
THOMAS K. 92,127 0
THOMAS M. 92,388 0
THOMPSON A. 95,246 9,295
THOMPSON K. 83,547 1,052
THOMPSON M. 81,845 191
THOMPSON W. 133,345 314
THOMPSON Y. 75,471 0
THOMSON B. 123,962 1,951
THOMSON D. 97,547 915
THOMSON M. 92,589 2,248
THORNLEY J. 131,664 5,116
THREATFUL J. 95,756 0
THUMBOLI S. 124,419 0
THUNDATHIL J. 77,459 0
TIAN G. 106,870 116
TILLYER E. 114,626 254
TITHECOTT C. 87,195 0
TIWANA R. 131,928 2,973
TKACHUK C. 103,159 4,657
TODD M. 104,285 849
TOEWS-KAUFMAN H. 110,550 0
TOKARYK N. 84,020 0
TOLLEFSON S. 79,488 31
TOMANEK N. 76,893 182
TOMAS E. 99,227 2,845
TOMAS J. 75,472 0
TONELLO M. 90,946 256
TOOR P. 91,877 1,156
TOOR S. 169,949 3,145
TOOR S. 91,385 0
TOPIC S. 90,813 0
Statements and Schedules of Financial Information 2022/23
107
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
TOPSY R. 82,907 2,875
TORRES D. 125,809 1,285
TRAN B. 93,583 377
TRAN C. 79,448 20
TRAN L. 85,570 221
TRAN N. 91,979 0
TRAN P. 87,085 0
TRASK M. 92,007 1,642
TREMBLAY S. 87,669 0
TRENAMAN K. 85,814 3,364
TRINIO R. 81,765 0
TRIONFI S. 75,338 20
TSANG A. 96,662 0
TSANG W. 115,752 0
TSAO C. 99,022 93
TSE C. 103,004 508
TSE J. 80,954 211
TSE L. 174,954 927
TSENG T. 75,918 56
TSUI J. 194,419 1,564
TSUNG J. 97,030 25
TSUNG S. 93,091 0
TUAZON E. 127,629 593
TULI T. 83,744 0
TUNG W. 93,423 404
TUPPER C. 192,137 29,511
TURMAWAN P. 89,713 0
TURNER K. 95,631 0
TURNER M. 87,126 191
TWIBILL V. 82,492 0
TYLLER A. 94,125 191
UDALOVA I. 91,096 0
UKARDI S. 76,337 0
ULVETEG C. 116,931 638
UPPAL M. 97,433 78
UPPAL R. 78,048 545
URMENETA E. 93,890 2,381
VAAGEN E. 174,923 3,513
VAGNARELLI S. 76,485 713
VAKHSHOURI K. 152,576 0
VALENTINE M. 94,270 681
VALLE B. 95,725 191
VALLE J. 94,436 0
VAN C. 100,909 0
VAN DYK K. 77,496 191
VAN GRONDELLE A. 125,190 243
VAN HERK K. 92,271 990
VAN MARCK L. 98,237 463
VAN SCHAIK C. 101,178 0
VAN SICKLE M. 92,887 191
VANDEN-EYKEL L. 78,758 0
VARONA V. 104,210 0
EMPLOYEE NAME REMUNERATION EXPENSES
VASS C. 96,397 0
VASSEL BOVE S. 76,538 176
VASWANI G. 82,718 0
VEFGHI S. 160,892 2,973
VELLESCIG M. 147,191 962
VENDITTI M. 89,165 26
VENDITTI P. 93,353 0
VENDRAMETTO R. 94,287 0
VERGARA M. 80,037 282
VERGES K. 98,338 135
VERMETTE K. 104,651 191
VERMEULEN J. 93,248 191
VERSTER A. 92,789 0
VERWEY S. 93,810 1,170
VETATH V. 119,112 764
VETTER E. 79,366 191
VIDAM G. 94,474 0
VIDEH V. 80,230 0
VIEIRA J. 77,002 272
VIERNEZA M. 86,823 303
VIJAYACHANDRA KUMAR A. 83,239 0
VILLAMIL L. 84,260 191
VINCENT B. 114,686 0
VINCENZI S. 95,888 0
VIRDI Y. 107,579 697
VIRK G. 80,496 191
VIRK P. 102,892 212
VO D. 77,609 105
VO R. 88,007 402
VO T. 78,469 3,095
VOHRADSKY G. 106,235 3,974
VOIGHT M. 115,284 262
VOROS M. 154,679 3,062
VUKIC N. 88,570 0
VUKOVIC H. 97,405 48
WAGNER C. 91,800 25
WAI D. 98,900 0
WAI J. 93,458 191
WAKELIN R. 95,473 0
WALJI S. 78,451 583
WALKER J. 117,810 2,531
WALKER M. 117,754 475
WALLACE D. 79,937 191
WALLS J. 103,510 11
WALSH K. 125,095 788
WALTERS J. 98,173 26
WALTON M. 95,103 2,061
WAN R. 98,747 0
WANG E. 75,942 0
WANG F. 88,587 0
WANG G. 97,062 0
WANG H. 107,433 1,670
Insurance Corporation of British Columbia
108
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
WANG J. 89,040 1,501
WANG Y. 83,457 0
WANG Y. 75,898 0
WARD S. 100,865 297
WARD T. 78,626 851
WARKENTIN D. 81,697 75
WARNER G. 92,926 90
WARNER R. 200,905 8,745
WARNER S. 85,004 0
WASSERMAN A. 78,230 1,470
WATERMAN N. 117,566 127
WATERS A. 143,862 163
WEBSTER T. 85,797 285
WEEKS K. 91,138 649
WEINERT B. 97,712 1,433
WEIST G. 104,851 386
WELFORD P. 118,632 879
WELLS H. 77,172 0
WENDLAND S. 93,062 0
WERK J. 104,263 0
WESSNER T. 82,369 0
WEST A. 98,588 0
WEST J. 91,712 0
WEST K. 95,537 1,438
WESTHAVER K. 96,214 0
WHEATLEY K. 110,080 55
WHELDON M. 93,827 526
WHITE D. 94,994 784
WHITE R. 75,663 0
WHITE S. 111,552 0
WHITEHEAD S. 76,645 179
WHITING J. 97,359 221
WHITTAL M. 78,555 225
WIEBE T. 76,105 0
WIENS M. 93,568 0
WIENS R. 87,374 191
WIGARD C. 80,751 0
WIJESINGHE R. 148,829 3,130
WILKINS L. 85,429 0
WILLIAMS H. 76,150 0
WILLIAMS L. 92,934 191
WILLIAMS M. 120,940 2,276
WILLIAMS P. 122,284 212
WILLIAMS P. 92,826 0
WILLIAMS W. 84,976 0
WILLIAMS W. 89,046 0
WILSON J. 101,684 1,014
WILSON J. 94,282 401
WILSON P. 94,112 0
WILSON S. 95,798 191
WILSON S. 86,333 0
WILSON-JONES A. 92,953 2,917
EMPLOYEE NAME REMUNERATION EXPENSES
WINDELS W. 97,527 0
WITT G. 96,149 2,531
WOJTASZEK M. 111,610 95
WOLFE J. 85,305 1,822
WOLFE S. 79,296 0
WONG A. 93,109 0
WONG A. 86,943 143
WONG B. 139,691 2,617
WONG B. 167,977 4,058
WONG B. 89,843 48
WONG B. 77,999 0
WONG C. 86,692 17
WONG C. 96,495 0
WONG C. 113,436 306
WONG C. 83,209 0
WONG C. 75,485 108
WONG D. 126,822 225
WONG D. 80,659 694
WONG D. 215,821 4,629
WONG D. 75,098 1,082
WONG E. 77,581 48
WONG G. 87,067 211
WONG G. 76,290 813
WONG I. 145,679 657
WONG J. 125,260 25
WONG J. 94,129 41
WONG K. 126,248 300
WONG K. 94,992 354
WONG K. 112,515 606
WONG L. 113,172 0
WONG L. 76,540 0
WONG L. 75,942 0
WONG L. 94,487 0
WONG M. 133,526 0
WONG N. 137,770 0
WONG P. 106,683 1,742
WONG P. 94,743 45
WONG P. 146,679 6,325
WONG R. 79,861 0
WONG S. 79,640 0
WONG T. 102,348 32
WONG T. 139,809 594
WONG T. 118,977 388
WONG T. 215,029 8,699
WONG Y. 76,156 128
WOO C. 77,000 0
WOO M. 121,549 0
WOO S. 98,699 1,258
WOOCHUK K. 85,803 2,015
WOOD B. 77,531 0
WOOD J. 99,530 2,549
WOODGER L. 84,328 3,855
Statements and Schedules of Financial Information 2022/23
109
Remuneration and expenses paid to employees
for the year ended March 31, 2023
EMPLOYEE NAME REMUNERATION EXPENSES
WOODS B. 137,424 2,973
WOODSKE J. 75,086 0
WOODWARD M. 76,339 177
WRIGHT A. 78,764 62
WRIGHT D. 80,733 191
WU Q. 103,143 0
WYLIE L. 96,613 718
WYLLIE S. 89,046 0
WYLLIE T. 115,573 0
WYNHOVEN K. 104,763 2,755
XAVIER A. 97,241 0
XIE S. 106,621 7,274
XU B. 115,256 0
YAMAMOTO R. 84,838 0
YAN F. 75,609 0
YANG A. 78,141 90
YANG D. 99,404 92
YANG L. 141,453 1,371
YANG X. 92,130 402
YANGA G. 84,535 583
YAP K. 145,112 0
YARDLEY C. 97,935 460
YASAYKO J. 95,202 0
YATASI I. 92,140 0
YATHAGIRI VENKATA B. 105,252 1,170
YAU J. 76,495 3,659
YE J. 91,645 0
YEE K. 93,961 0
YEE M. 93,587 205
YEE W. 79,311 10
YEN C. 109,768 0
YERXA T. 114,334 0
YEUNG C. 149,616 249
YEUNG C. 107,957 0
YEUNG C. 89,043 0
YEUNG C. 90,491 120
YEUNG E. 155,527 3,026
YIK T. 91,047 0
YIP C. 85,342 0
YIP J. 85,018 0
YOUNG C. 125,695 15
YOUNG D. 96,463 9
YOUNG J. 99,968 0
YOUNG M. 148,931 3,716
YOUNG S. 106,485 1,804
YOUNG T. 119,679 4,763
EMPLOYEE NAME REMUNERATION EXPENSES
YPENBURG R. 90,655 0
YU D. 86,046 0
YU G. 107,317 5,051
YU R. 154,695 1,218
YU W. 93,889 0
YU X. 116,044 289
YUAN Y. 167,750 1,774
YUAN Y. 99,365 0
YUE M. 110,614 691
YUEN I. 81,649 0
YUEN S. 104,862 806
YUEN T. 108,420 0
YUK D. 96,370 0
ZACHARIAS R. 102,711 1,848
ZAFAR S. 95,058 0
ZAI A. 101,681 311
ZANIC L. 85,939 0
ZANNIS F. 91,555 0
ZARE S. 91,962 722
ZARYSKI T. 94,064 0
ZENG C. 77,129 0
ZENG Q. 78,940 0
ZENONE V. 91,816 140
ZERBINOS P. 89,005 0
ZEREBESKI J. 75,006 35
ZHANG G. 95,383 0
ZHANG J. 93,754 191
ZHAO B. 102,169 0
ZHENG T. 96,291 51
ZHERKA T. 86,646 1,995
ZHONG J. 102,369 9
ZHOU J. 121,866 20,872
ZHOU W. 80,770 1,245
ZHOU X. 100,322 0
ZIELINSKI S. 76,592 0
ZILKOWSKY J. 153,969 3,864
ZINGER K. 93,376 3,505
ZOOD S. 76,070 0
ZORN P. 90,214 0
RECEIVER GEN. OF CANADA
27,398,977 0
TOTAL FOR OVER $75,000 $
297,938,157 2,577,420
OTHER UNDER $75,000 $
194,935,156 1,179,831
GRAND TOTAL $
492,873,313 3,757,251
There were 18 severance agreements made between ICBC and its non-unionized employees during scal
year 2022/23. These agreements represent from 2 months to 18 months compensation.
Insurance Corporation of British Columbia
110
Remuneration and expenses paid to the members of
the board of directors for the year ended March 31, 2023
NAME POSITION
MEETINGS
ATTENDED
1
RETAINERS
MEETINGS
FEES
2
TOTAL
REMUNERATION
3
EXPENSES
3
BELL, J.
BOARD OF DIRECTORS
5 of 8
15,000 5,250 23,250 26
INVESTMENT COMMITTEE, CHAIR
3 of 4
3,000
AUDIT COMMITTEE
2 of 4
FLAMOND, P.
BOARD OF DIRECTORS
7 of 8
15,000 7,219 22,219 4,981
HUMAN RESOURCES & COMPENSATION
COMMITTEE
4 of 4
GOVERNANCE & TECHNOLOGY COMMITTEE
4 of 4
HOLT, C.
4
BOARD OF DIRECTORS, CHAIR
8 of 8
26,250 17,157 43,407 8,792
AUDIT COMMITTEE
4 of 4
GOVERNANCE & TECHNOLOGY COMMITTEE
4 of 4
INVESTMENT COMMITTEE
4 of 4
OPERATIONS & PLANNING COMMITTEE
4 of 4
HUMAN RESOURCES & COMPENSATION
COMMITTEE
4 of 4
CEO RECRUITMENT
1 of 3
KHATAR, R.
BOARD OF DIRECTORS
8 of 8
15,000 7,875 22,875 0
INVESTMENT COMMITTEE
4 of 4
GOVERNANCE & TECHNOLOGY COMMITTEE
4 of 4
LEVERSAGE, J.
BOARD OF DIRECTORS
8 of 8
15,000 8,625 23,625 455
AUDIT COMMITTEE
4 of 4
INVESTMENT COMMITTEE
4 of 4
MACPHAIL, J.
5
BOARD OF DIRECTORS, CHAIR 2 of 2 7,500 4,500 12,000 19
HUMAN RESOURCES & COMPENSATION
COMMITTEE
2 of 2
INVESTMENT COMMITTEE 2 of 2
OPERATIONS & PLANNING COMMITTEE 2 of 2
GOVERNANCE & TECHNOLOGY COMMITTEE 2 of 2
AUDIT COMMITTEE 2 of 2
MCLAY, C. BOARD OF DIRECTORS 6 of 8 15,000 7,734 27,734 123
AUDIT COMMITTEE, CHAIR 4 of 4 5,000
OPERATIONS & PLANNING COMMITTEE 3 of 4
MOUSHOS, J.
BOARD OF DIRECTORS
8 of 8
15,000 9,422 27,422 764
OPERATIONS & PLANNING COMMITTEE, CHAIR
4 of 4
3,000
INVESTMENT COMMITTEE 4 of 4
HUMAN RESOURCES & COMPENSATION
COMMITTEE
1 of 1
CEO RECRUITMENT 3 of 3
PEARSON, B BOARD OF DIRECTORS 8 of 8 15,000 9,000 27,000 5,395
HUMAN RESOURCES & COMPENSATION
COMMITTEE, CHAIR
4 of 4 3,000
OPERATIONS & PLANNING COMMITTEE 4 of 4
INVESTMENT COMMITTEE 1 of 1
CEO RECRUITMENT 3 of 3
ROBINSON, A.
6
540 94 634 0
SECKEL, A. BOARD OF DIRECTORS 7 of 8 15,000 8,625 23,625 0
OPERATIONS & PLANNING COMMITTEE 4 of 4
HUMAN RESOURCES & COMPENSATION
COMMITTEE
4 of 4
INVESTMENT COMMITTEE 1 of 1
CEO RECRUITMENT 3 of 3
Statements and Schedules of Financial Information 2022/23
111
Remuneration and expenses paid to the members of
the board of directors for the year ended March 31, 2023
NAME POSITION
MEETINGS
ATTENDED
1
RETAINERS
MEETINGS
FEES
2
TOTAL
REMUNERATION
3
EXPENSES
3
WOOD, J. BOARD OF DIRECTORS 8 of 8 15,000 8,016 26,016 449
GOVERNANCE & TECHNOLOGY COMMITTEE,
CHAIR
4 of 4 3,000
HUMAN RESOURCES & COMPENSATION
COMMITTEE
4 of 4
INVESTMENT COMMITTEE 1 of 1
GRAND TOTAL
7
$186,290 $93,517 $279,807 $21,004
1
Meetings attended reflects the total number of meetings paid to each Director on the Board or Committee in the year ended March 31, 2023.
2
Board and Committee meeting fees are $375 per half day and $750 per full day.
3
Includes payment of remuneration for services and expenses in the year ended March 31, 2023, regardless of when those services were provided
or expenses incurred. Total Remuneration includes meetings other than Board and Committee meetings and/or work undertaken attending to
the business of the board.
4
Catherine Holt became Chair of the Board of Director’s as of July 1, 2022.
5
Joy MacPhail resigned/retired from being Chair of the Board of Director’s as of July 1, 2022.
6
Andrew Robinson was appointed September 29, 2022 and resigned as of January 11, 2023.
7
Bill Tilford, Chris Lewis, Len Boggio and Salima Remtulla were appointed to the Board of Director’s as of March 13, 2023 but no remuneration was
paid to them in the year ended March 31, 2023.
Insurance Corporation of British Columbia
112
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
A & A WONG’S INSURANCE SERVICES LTD 169,732
A & J BODY SHOP (1983) LTD 908,131
A & S INSURANCE SERVICES LTD 338,567
A & T INSURANCE BROKER LTD 310,334
A AND T PROJECT DEVELOPMENTS INC 244,222
A ANITA VERGIS DISPUTE RESOLUTION SERVICE 180,401
A BETTER WAY HOME CARE (XENNIA MGMT) 525,019
A C & D (COQUITLAM) INSURANCE SERVICES 366,976
A C & D (PRINCE RUPERT) INSURANCE SERVICE 337,070
A C & D (QUESNEL) INSURANCE SERVICES 577,757
A C & D INSURANCE SERVICES LTD 411,296
A J TOWING INC 551,905
A JETWAY AUTOBODY REPAIR LTD 1,030,133
A L SOTT FINANCIAL (88th) INC 643,527
A M FORD SALES LTD 122,391
A M STEVENS CONSULTING 58,891
A PACIFIC AUTO TRIM AND GLASS (2014) LTD 527,984
A PLUS AUTOMOTIVE REPAIR 42,178
A PLUS CHAMPLAIN AUTOPRO 45,239
A R S ASSESSMENT REHABILITATION SERVICES 48,436
A TO Z EUROPE AUTO CARE (1984) LTD 944,020
A W JONES INSURANCE SERVICE LIMITED 235,350
A WEISER COUNSELLING & CONSULTING 57,418
A 1 AUTO BODY LTD (CALGARY) 59,944
A 1 AUTO BODY LTD (LANGLEY) 1,066,604
A-BEST AUTOBODY & FRAME LTD 1,498,869
A-CLASS AUTO BODY & PAINT LTD 2,408,544
A-PLUS RENT-A-CAR COMPANY LIMITED 108,217
A-1 PAUL’S TRAILER REPAIR LTD 600,968
AA TOWING AND AUTO WRECKING 33,529
AA-1 WINDSHIELD & GLASS (UVEG INDUSTRIES) 406,281
AAA AUTO COLLISION INC 2,289,383
AAA BRIAN’S TOWING LTD 280,172
AAIM ADJUSTERS LTD 133,092
AALL GLASS LTD 429,408
AB REHAB CLINIC LTD 124,539
ABAWN AUTO TOWING LTD 25,811
ABBEY COLLISION LTD 2,493,072
ABBEY MEDICAL SUPPLIES LTD 44,054
ABBOTSFORD CHRYSLER LTD 71,508
ABBOTSFORD HYUNDAI 67,543
ABBOTSFORD SPINE CENTRE 66,910
ABBOTSFORD SPORTS & ORTHOPAEDIC PHYSIO 124,558
ABBOTSFORD SPORTS AND ORTHOPAEDIC PHYSIO
257,044
ABBOTSFORD TRUCK & TRAILER REPAIR LTD 67,162
ABBOTSFORD VILLAGE MEDICAL CLINIC 27,472
ABBOTSFORD VOLKSWAGEN (AUTOCANADA) 30,060
ABBOTSFORD-MISSION TAXI LTD 159,316
ABBOTSFORD’S MAXIMUM COLLISION LTD 2,970,623
ABC AUTO & WINDOW GLASS LTD 883,757
ABC AUTOBODY LTD 1,142,568
ABC AUTOMOTIVE CENTRE LTD 31,441
ABC HOME SUPPORT LTD 405,749
SUPPLIER NAME AMOUNTS
ABCDEE NURSING SERVICES LTD 242,247
ABLE AUTO BODY (SURREY) LTD 2,778,698
ABLE AUTO BODY NEWTON (60806 BC LTD) 911,979
ABLE AUTO GLASS LTD 469,874
ABLE IN GROVE COLLISION (WALNUT GROVE) 1,678,139
ABLE TOWING 45,171
ABOUGOUSH COLLISION INC (BOYD-KELOWNA) 2,404,205
ABOUGOUSH COLLISION INC (BOYD-MERRITT) 324,593
ABOUGOUSH COLLISION INC (BOYD-PENTICTON) 756,093
ABOUGOUSH COLLISION INC (BOYD-RUTLAND) 1,113,253
ABOUGOUSH COLLISION INC (BOYD-WESTSIDE) 1,510,390
ABS COLLISION INC 55,210
ABS TRUCK REPAIR SOLUTION LTD 32,157
ABSOLUTE AUTO LTD 542,865
ABSOLUTE PHYSIOCARE AND SPORTS REHAB 632,813
ABSOLUTE THERAPY INC 48,409
ABSTRACT GLASS LTD 738,552
ABU O R DR INC 99,938
ABUGHARBIYEH OLA 58,023
AC TAXI LTD 50,893
ACACIA HEALTH LTD 128,942
ACCELERATED SPORT & SPINE PHYSIOTHERAPY 112,695
ACCELL AUTOGLASS LTD 535,157
ACCENT GLASS WORLD LTD 35,141
ACCENTURE INC 2,002,110
ACCESS COMMUNITY THERAPISTS LTD 143,868
ACCESS DRIVER REHAB SPECIALISTS 29,245
ACCESS INFORMATION MANAGEMENT OF CANADA
32,622
ACCESS RV PARTS & SERVICE 37,196
ACCOST INSURANCE & FINANCIAL CENTRE 894,351
ACCURATE AUTO BODY AND PAINT LTD 3,903,320
ACE TRUCK & EQUIPMENT REPAIRS LTD 1,769,271
ACE WELLNESS CLINIC INC 47,506
ACERA INSURANCE SERVICES LTD 10,069,999
ACHIEVE HEALTH CHIROPRACTIC 73,181
ACKROYD INSURANCE AGENCIES LTD 465,595
ACKROYD PHYSIOTHERAPY CENTRE 585,951
ACR GLASS INC 568,677
ACTESON CONSULTING LTD 44,752
ACTION AUTO GLASS INC 280,633
ACTION ORTHOTICS & PROSTHETICS 30,965
ACTION TRAILER SALES INC 55,868
ACTIVE CARE HEALTH LTD 114,370
ACTIVE INSURANCE & FINANCIAL MANAGEMENT 1,138,090
ACTIVE KINETICS INC 187,837
ACTIVE LIVING CHIROPRACTIC INC 82,743
ACTIVE LIVING PHYSIOTHERAPY (CAMPBELL RV) 82,444
ACTIVE SOLUTIONS HEALTH AND SPORT 174,007
ACTIVE8 PHYSIOTHERAPY AND MASSAGE 227,989
ACURA OF LANGLEY 48,977
ADMIRAL INSURANCE SERVICES (VANCOUVER) 188,195
ADMIRAL INSURANCE SERVICES INC 285,915
ADOBE INC 221,984
Statements and Schedules of Financial Information 2022/23
113
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
ADRIAN’S RV REPAIRS LTD 126,380
ADVANCE COLLISION AUTO CENTRE LTD 66,038
ADVANCE COLLISION LTD 4,554,317
ADVANCE CONCUSSION CLINIC (NEUROADVANCE)
407,555
ADVANCE CONCUSSION CLINIC INC 692,550
ADVANCE ENGINEERED PRODUCTS LTD-EDMONTON
40,133
ADVANCE HEALTH AND WELLNESS CENTRE 223,047
ADVANCE TANK CENTRES LTD 128,195
ADVANCE TECH AUTOBODY & PAINT 854,610
ADVANCE TOWING (FARMAND TRANSPORT) 176,188
ADVANCED NURSINGCARE INC 34,572
ADVANCED PHYSIOTHERAPY 81,969
ADVANCED REHABILITATION CONCEPTS INC 95,058
ADVANTAGE AUTO LTD 104,228
ADVANTAGE COLLISION (2022) LTD 368,524
ADVANTAGE COLLISION CO LTD 2,076,202
ADVANTAGE INSURANCE SERVICES LTD 201,555
ADVANTAGE SPEECH-LANGUAGE PATHOLOGY LTD
33,913
ADVENTURE RV CENTER LTD 123,688
AES ENGINEERING LTD 37,670
AFFINITY FAMILY WELLNESS INC 446,676
AFFINITY INSURANCE SERVICES 66,789
AFFINITY MASSAGE THERAPY 29,792
AFFINITY STAFFING INC 1,554,252
AFFLECK HRABINSKY BURGOYNE LLP 1,554,232
AFFORDABLE AUTOGLASS LTD 311,626
AGGRESSIVE AUTO TOWING LTD 289,665
AGGRESSIVE TOWING AND RECOVERY 196,871
AGILE INTEGRATED HEALTH LTD 46,566
AGRI FIX TRACTOR REPAIR 58,915
AGS AFFORDABLE GLASS SERVICES LTD 680,444
AIM ATHLETIC LTD 48,040
AIM AUTO GLASS LTD 92,715
AIM CEDAR WORKS LTD 193,611
AK AUTOWORKS (AK AUTOBODY & REPAIR LTD) 1,894,519
AKIN CONSTRUCTION INC 47,755
ALAIA PHYSIOTHERAPY SPORTS AND WELLNESS 63,802
ALASKA HI WAY AUTO BODY 2004 LTD 3,369,386
ALASKA HI WAY AUTO GLASS LTD 136,286
ALBERNI TOWING LTD 296,238
ALBERTSON NICOLE 34,857
ALBRICH ALEX RMT 40,700
ALCOTT BUILDING MAINTENANCE 109,432
ALDER STREET AUTO BODY LTD 961,540
ALDERGROVE PHYSIOTHERAPY AND REHAB CENTRE
647,702
ALDERSON CHAD L DR CHIROPRACTIC INC 28,664
ALEXANDER HOLBURN BEAUDIN & LANG LLP 7,157,322
ALFRED PREMNATH DR 42,968
ALIGN HEALTH PROFESSIONALS INC 243,445
ALIVE SPORTS TREATMENT CENTRE LTD 158,869
ALL ACCESS AUTO GLASS INC 381,863
ALL CARE PHYSIO (PURI PHYSIOTHERAPIST) 1,474,875
ALL COLLISION SERVICES LTD 333,533
SUPPLIER NAME AMOUNTS
ALL PRO PHYSIO (THAKUR PHYSIO CORP) 129,155
ALL RISK INSURANCE AGENCIES LIMITED 546,064
ALL SEASONS AUTO GLASS LTD 219,801
ALL TECH TRANSPORT LTD (BUSTERS TOWING) 4,234,681
ALL WRITE INSURANCE AGENCIES LTD 3,662,647
ALL-WAYS TOWING (KUSTOM TOWING 2009 LTD) 210,823
ALL-WEST GLASS BURNS LAKE LTD 220,811
ALL-WEST GLASS CHETWYND LTD 113,608
ALL-WEST GLASS FT ST JOHN LTD 310,599
ALL-WEST GLASS HAZELTON LTD 86,830
ALL-WEST GLASS HOUSTON LTD 227,409
ALL-WEST GLASS KITIMAT LTD 360,416
ALL-WEST GLASS PRINCE GEORGE LTD 569,108
ALL-WEST GLASS PRINCE RUPERT LTD 207,465
ALL-WEST GLASS QUESNEL LTD 268,710
ALL-WEST GLASS SMITHERS LTD 557,882
ALL-WEST GLASS TERRACE LTD 504,986
ALL-WEST GLASS VANDERHOOF LTD 307,152
ALL-WEST HERITAGE GLASS LTD 172,542
ALLAN MCGAVIN SPORTS MEDICINE CENTRE 124,413
ALLAN MCGAVIN SPORTS MEDICINE PHYSIO 122,566
ALLAN MCGAVN SPORTS PHYSIOTHERAPY PLAZA 201,866
ALLENA CHONG INSURANCE AGENCIES LTD 173,831
ALLIANCE MOBILITY SOLUTIONS LTD-RICHMOND 238,769
ALLIANCE WELLNESS CORP 314,712
ALLIED COAST THERAPY COQUITLAM 348,174
ALLIED COAST THERAPY MAPLE RIDGE 882,216
ALLIED COAST THERAPY PORT COQUITLAM 472,630
ALLIED COAST THERAPY PORT MOODY 467,403
ALLIED INSURANCE SERVICES INC 2,646,937
ALLSET AUTO GLASS LTD 640,361
ALLSTAR COLLISION SERVICES LTD 1,673,794
ALLWELD MANUFACTURING 31,987
ALLWEST INSURANCE SERVICES LTD 20,873,821
ALLWEST REPORTING LTD 72,002
ALLWYO STATE TOWING 31,962
ALMIGHTY PHYSIOTHERAPY AND SPORTS CLINIC 30,023
ALOHA WELLNESS MASSAGE THERAPY 26,963
ALOUETTE TRANSIT SYSTEMS LTD 87,049
ALPINE ATHLETICS 34,181
ALPINE AUTO BODY LTD 987,452
ALPINE COUNSELLING CLINIC LTD 227,640
ALPINE GLASS WINDOWS & DOORS LTD 778,066
ALPINE INSURANCE AGENCIES LTD 389,443
ALPINE PHYSICAL THERAPY CORPORATION 46,047
ALPINE PHYSIOTHERAPY 179,498
ALPORT INSURANCE AGENCIES INC 452,054
ALTEA PHYSIOTHERAPY AND WELLNESS CORP 82,370
ALTEC INDUSTRIES LTD 225,553
ALTIS HUMAN RESOURCES VANCOUVER INC 40,275
ALTIS RECRUITMENT 1,005,028
ALTURA MASSAGE THERAPY AND WELLNESS INC 99,018
ALTUS CHIROPRACTIC LTD 146,405
Insurance Corporation of British Columbia
114
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
ALVARIA INC 322,014
AMACO ENTERPRISES LTD 64,596
AMANDA RICHMOND INC 32,254
AMARI MEDICAL PRACTICE 36,161
AMARI PHYSIO AND MASSAGE 143,434
AMBROSIO PHYSIOTHERAPY 69,820
AMC CASSELLS INSURANCE SERVICE INC 407,445
AMC EAGLERIDGE INSURANCE SERVICES (2012) 439,231
AMC INSURANCE SERVICE (2008) LTD 511,249
AMC INSURANCE SERVICE LTD 1,890,595
AMC INSURANCE SERVICES (2011) LTD 310,640
AMC INSURANCE SERVICES (2015) LTD 283,848
AMC MCPHERSON INSURANCE AGENCIES LTD 163,822
AMC VILLAGE INSURANCE SERVICES (2019) 681,907
AMERESCO 36,006
AMERICAN AG (CANADIAN BRANCH) 74,063
AMERICAN ASSOC OF MOTOR VEHICLE ADMIN 27,060
AMERICAN FAMILY CONNECT PROP & CAS 140,313
AMEX AUTO BODY LTD 933,231
AMIRI ALI DR 51,366
AMJ AUTO GROUP (RAPID AUTOBODY LTD) 1,900,280
AMJ LAW 2,740,431
AMPCO MANUFACTURERS INC 361,334
AMY KIMBERLY MARSHALL COUNSELLING 29,660
ANATOMY PRO HEALTH CENTRE INC 165,841
ANCHOR INSURANCE AGENCIES LTD 400,180
ANCILE SOLUTIONS INC 59,378
ANDERKO FRANTISEK 29,901
ANDERSON ROBERT EDMUND 38,101
ANDRE’S COLLISION REPAIRS LTD 484,375
ANDY SORENSEN AUTOBODY & FRAME LTD 1,168,366
ANEW OT CONSULTING AND REHAB LTD 90,904
ANGEL HEART HEALTH CARE INC 41,968
ANGELA PALLAN SURREY DELTA FAMILY COUNSEL 66,290
ANGELS THERE FOR YOU HOME AND HEALTH CARE
45,926
ANSON PHYSIOTHERAPY CLINIC 70,862
ANTHEM REHAB INC 49,954
ANTHONY’S AUTO CRAFT 34,362
ANTLE TOWING LTD 45,024
ANTON TRUCK BODY REPAIR LTD 83,542
AON REED STENHOUSE INC 1,667,314
AON SOLUTIONS CANADA 220,896
AP INSURANCE SERVICES LTD 442,489
APAC AUTO GLASS (WESPAC AUTO GLASS LTD) 508,895
APAC AUTO GLASS BURNABY LTD 292,454
APEX COLLISION (SHUTTLEWORTH HOLDINGS) 805,528
APEX GLASS LTD 467,724
APEX INSURANCE SERVICES LTD 481,274
APEX PERFORMANCE AND REHAB INC 195,885
APEX PHYSIO & HEALTH CLINIC (SURREY) 414,330
APEX PHYSIOTHERAPY AND HEALTH CLINIC 836,028
APEX PREMIER PROPERTY SERVICES LTD 33,240
APNA CHIROPRACTIC AND WELLNESS CENTRE INC
103,907
SUPPLIER NAME AMOUNTS
APNA LAW LLP 1,170,542
APOLLO CLINIC CHILLIWACK LTD (THE) 662,783
APOLLO CLINIC INC (THE) 900,230
APPLE AUTO GLASS (ABBOTSFORD) 646,973
APPLE AUTO GLASS (CHILLIWACK) 430,769
APPLE AUTO GLASS (KAMLOOPS) 734,190
APPLE AUTO GLASS (NANAIMO) 707,038
APPLE AUTO GLASS (VERNON) 713,370
APPLE INSURANCE & FINANCIAL SERVICES 337,284
APPLEWOOD AUTOBODY TOWING & GLASS 976,278
APPLEWOOD KIA (APPLEWOOD MOTORS INC) 134,092
APPLEWOOD LANGLEY KIA (APPLEWOOD MOTORS)
58,967
APPLEWOOD MITSUBISHI (1201934 BC LTD) 142,822
APPLEWOOD NISSAN INC (SURREY) 43,284
APPLEWOOD NISSAN RICHMOND (APPLEWOOD MOT)
51,074
AQUARIUS CHIROPRACTIC 66,353
AQUARIUS KINESIOLOGY 94,742
AQUATIC CENTRE ORTHOPAEDIC AND SPORTS 227,553
ARA TRUCK AND TRAILER REPAIR LTD 49,312
ARBOR BODY SHOP (1980) LTD 770,673
ARBUTUS PHYSIOTHERAPY AND HEALTH CENTRE 158,932
ARBUTUS RV & MARINE SALES LTD 209,786
ARCADIA WELLNESS LTD 78,668
ARCH REINSURANCE CANADA 384,018
ARCHIPELAGO REHAB CORP 191,185
ARCTIC MANUFACTURING LTD 27,875
ARETE PERFORMANCE AND REHABILITATION 228,161
ARI FINANCIAL SERVICES INC 723,405
ARIA HEALTH AND WELLNESS CLINIC 80,451
ARIA TOWING LTD 174,752
ARIAN HOMECARE CORPORATION 78,355
ARISE CHIROPRACTIC WELLNESS CORPORATION 64,403
ARISTA REHABILITATION INC 149,598
ARMATA STERLING DR 27,082
ARMSTRONG COLLISION LTD 1,844,605
ARMSTRONG PHYSIOTHERAPY CLINIC 52,657
ARNOLD TSE 48,204
ARROW PHYSIOTHERAPY 127,743
ARROWSMITH AUTOMOTIVE & TOWING LTD 119,452
ARROWSMITH FENCE CO 42,066
ARTHUR J GALLAGHER CANADA DBA CHRISTIE 86,074
ARTHUR J GALLAGHER CANADA LIMITED 139,391
ARUKAH REHAB CORPORATION 291,332
ARVAY FINLAY LLP 29,579
AS NEW AUTOBODY AND GLASS LTD 686,619
ASC COLLISON REPAIR 2,301,560
ASCENT PHYSIOTHERAPY (KENDRA MULLIGAN PT) 48,777
ASHES TO ANSWERS FIRE INVESTIGATION INC 76,998
ASP TEAM HOLDINGS LTD 35,913
ASSA ABLOY ENTRANCE SYSTEMS CANADA INC 97,897
ASSESSMED INC 558,778
ASSOCIATED ECONOMIC CONSULTANTS 2017 LTD
88,847
ASSURED HEALTH GROUP 143,161
Statements and Schedules of Financial Information 2022/23
115
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
ASTER WELLNESS INC 35,862
ASTROGRAPHICS INDUSTRIES LTD 87,047
ATI TRUCK REPAIR LTD 2,486,117
ATKINSON JESSICA RMT 40,159
ATLAS AUTO BODY LTD 2,614,700
ATLAS HEALTH THERAPY 31,191
ATLAS PHYSIOTHERAPY (PT HEALTH) 302,778
ATS MECHANICAL INC 31,103
ATTACHMATE CORPORATION 121,381
ATWAL’S INSURANCE & FINANCIAL CENTRE 698,570
ATWATER INSURANCE AGENCY LTD 296,703
AUDI BOUNDARY (OPENROAD AUTO GROUP LTD) 78,995
AUDI DOWNTOWN VANCOUVER 33,258
AUDI RICHMOND 80,573
AUDY AUTOBODY VICTORIA INC 1,574,228
AUJLA KARENDEEP (KAREN) 25,445
AUJLA LAUREN PRIYA 47,199
AURA HEALING AND BEAUTY CENTRE 72,919
AURORA HEALTH AND WELLNESS INC 246,344
AURORA INTEGRATIVE MEDICAL LTD 26,973
AURORA TOWING LTD 62,480
AUSTIN AVE PHYSIO & WELLNESS 88,645
AUTO PLUS INSURANCE AGENCY INC 322,813
AUTO SENSE COLLISION LTD 1,794,260
AUTO WEST BMW (MTK AUTO WEST LTD) 130,146
AUTO-COM REFINISHING (B & H VENTURES LTD) 50,780
AUTOBODY ONE (CR7 PERFORMANCE LTD) 152,696
AUTOBODY ONE INC 665,772
AUTOFOCUS GLASS INC 372,541
AUTOMALL AUTOBODY LTD 2,895,553
AUTOMASTER AUTOBODY LTD 1,014,987
AUTOMATION ANYWHERE 278,868
AUTOMIND COLLISION REPAIR (BURNABY) 2,035,700
AUTOMIND COLLISION REPAIR (COQUITLAM) 3,043,644
AUTOMIND COLLISION REPAIR (RICH-OLAFSEN) 1,181,949
AUTOMIND COLLISION REPAIR (RICH-VULCAN) 3,528,606
AUTOMIND COLLISION REPAIR (SQUAMISH) 1,406,699
AUTOMIND COLLISION REPAIR (VANCOUVER) 2,806,369
AUTOMOTIVE INDUSTRIES ASSOC OF CANADA 97,813
AUTOMOTIVE TRAINING & TECHNICAL 115,018
AUTOSONIC AUTOBODY & REPAIR 897,766
AUTOWEAR ACCESSORIES (BLONDE HLDGS LTD) 26,135
AUTOWEST AUTOBODY LTD 1,116,324
AVENUE ALIGNMENT & BODY SHOP LTD 1,563,807
AVENUE AUTO GLASS LTD 540,448
AVERSON CONSULTING LTD 43,956
AVICENNA CENTRE FOR BRAIN HEALTH INC
59,301
AVIDA WELLNESS AND CHIROPRACTIC INC 73,641
AVIO COACH CRAFT INC 60,534
AVISCAR INC 61,283
AVITA HEALTH AND MASSAGE THERAPY CENTER 305,195
AXIS INSURANCE MANAGERS INC 883,689
AXIS REINSURANCE 422,534
SUPPLIER NAME AMOUNTS
AZALEA PHYSIOTHERAPY 217,435
AZI COUNSELLING AND CONSULTING 47,448
AZORCAN AUTOBODY REPAIR & PAINTING 1,657,080
A1 BULLER AUTO COLLISION LTD 509,235
B & D AUTO BODY LTD 5,755,243
B & M AUTO-CRAFT COLLISION LTD 1,897,888
B D MITCHELL PROSTHETIC & ORTHOTICS 56,433
BABINE TRUCK & EQUIPMENT LTD (SMITHERS) 79,050
BACK AND BODY WELLNESS CENTRE INC 1,284,197
BACK IN ACTION 30,245
BACK IN BALANCE FAMILY CHIROPRACTIC CORP 113,059
BACK IN MOTION REHAB INC (ABBOTSFORD) 301,121
BACK IN MOTION REHAB INC (BURNABY) 453,287
BACK IN MOTION REHAB INC (COQUITLAM) 234,191
BACK IN MOTION REHAB INC (RICHMOND) 98,679
BACK IN MOTION REHAB INC (SURREY) 215,500
BACK IN MOTION REHAB INC (VANCOUVER) 272,710
BACK TO WELLNESS CENTRE INC 93,641
BACKS IN ACTION WELLNESS CENTRE 785,439
BACKSTREAM PHYSIOTHERAPY INC 127,003
BADRY COLLISION REPAIRS INC 878,565
BAE SYSTEMS APPLIED INTELLIGENCE CANADA 801,413
BAHRI ARVIN DR 109,753
BAJA AUTOBODY LTD 488,945
BAKER AUTO INC 48,785
BAKER NEWBY LLP 1,761,583
BAKER VALLEY TOWING INC 42,684
BALANCE IN MOTION 89,000
BALANCE POINT ACUPUNCTURE & INTEGRATIVE 64,850
BALFOUR AUTOBODY & MECHANICAL LTD 375,073
BALLISAGER OT AND CONSULTING INC 70,154
BAMKO MERCH INC 26,583
BANK OF MONTREAL 184,969
BANNISTER ALL MAKES COLLISION AND GLASS 2,657,742
BANNISTER COLLISION AND GLASS 2,780,426
BANNISTER FORD LTD 51,099
BANWAIT DATINDER DR CHIROPRACTIC INC 96,930
BARE’S PAINT & BODYWORKS 1,333,134
BARNES HARLEY-DAVIDSON BUELL 93,617
BARNES HARLEY-DAVIDSON KAMLOOPS 57,266
BARNES HARLEY-DAVIDSON VICTORIA 119,757
BARRIERE AUTO & TRUCK TOW 98,473
BARTLETT TREE EXPERTS 35,740
BASELINE HEALTH AND WELLNESS INC 48,289
BASRA JASKARANPAL (BASRA CHIROPRACTIC) 192,255
BAUMANN GANT AND KEELEY 65,379
BAVARO AUTOBODY (ROCKNEST INVESTMENTS) 765,049
BAY CITY INSURANCE SERVICES LTD 827,293
BAYSHORE HEALTHCARE LTD 551,986
BAYSIDE CHIROPRACTIC CORPORATION 99,528
BAYVIEW AUTO TOWING (2000) LTD 270,767
BAYWOOD GLASS INC 413,167
BC AUTO GLASS LTD 157,734
Insurance Corporation of British Columbia
116
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
BC BACK CLINIC (SURREY-NO 10 HWY) 559,320
BC BACK CLINIC (SURREY-152 ST) 67,400
BC CASE MANAGEMENT LTD 183,404
BC COLLISIONS LTD 1,490,688
BC HYDRO 918,650
BC INJURY CARE AND EXERCISE INC 496,151
BC INSURANCE AGENCIES INC DBA INSURELINE 896,461
BC MEDEQUIP HOME HEALTHCARE LTD 1,273,104
BC PROFESSIONAL LEGAL INTERPRETERS INC 118,046
BC PROSTHETIC & ORTHOTIC SERVICES 45,860
BC TIRE 26,113
BC TRAILER GUY 35,369
BC UTILITIES COMMISSION 744,063
BCA CLAIMS & CONSULTING LTD 173,864
BCAA INSURANCE AGENCY 13,417,064
BCRV SALES 2022 LTD 46,027
BEAR CREEK MEDICAL CLINIC 42,433
BEAR CREEK PLAZA PHYSIOTHERAPY 833,442
BEARCREEK PHYSIOTHERAPY 161,824
BECK ROBINSON & COMPANY 2,287,383
BEE CLEAN BUILDING MAINTENANCE INC 80,092
BEE JAY AUTO WRECKING & TOWING LTD 210,739
BEE JAY’S SERVICES INC 82,780
BEGBIE GLASS CO LTD 163,277
BEGGS FRED RMT 59,291
BEHAVIOURAL HEALTH CARE 87,399
BEIJING TONG RAN TANG VANCOUVER HEALTH 27,064
BEISEL DIETER 30,835
BEKKERING YORK BARRISTERS LLP 3,380,110
BEL AIR TAXI LTD 116,156
BELL TRAILER SALES 49,414
BELLROCK HEALTH LTD 160,153
BELMONT COLLISION (1975) LTD 2,852,218
BELMONT PHYSIOTHERAPY AND HEALTH CLINIC 241,637
BEN CHATTERSON PHYSIOTHERAPIST 57,381
BEN’S TOWING & AUTO WRECKING (REVELSTOKE) 169,665
BEN’S TOWING & AUTO WRECKING (SALMON ARM) 322,059
BENJAMIN TOWING CORP 51,116
BENNETT DUNLOP FORD 27,569
BENSON BRANDON 26,041
BENTALLGREENOAK CANADA LP 236,233
BERK’S INTERTRUCK LTD 41,313
BERMUDA AUTO GLASS LTD 303,854
BERNARD LLP 957,888
BERNHAUSEN SPECIALTY AUTOMOTIVE 49,126
BERRY CONDREN R DR CHIROPRACTIC INC 39,693
BERTSCHI ORTH SOLICITORS & BARRISTERS LLP 899,146
BESSE GORDON EDWARD 36,244
BEST AUTO BODY & PAINT LTD 669,802
BEST CHOICE COLLISION LTD 568,474
BEST SELECT INSURANCE SERVICES 2018 INC 621,616
BEST TOWING 171,899
BEST-VALU GLASS 2001 INC 476,196
SUPPLIER NAME AMOUNTS
BETA AUTO BODY SERVICES LTD 987,328
BETA THERAPEUTICS INC 53,846
BETTER BODIES HEALTH SOLUTIONS INC 26,976
BETTER CHOICE STAFFING LTD 54,390
BETTY’S ACUPUNCTURE & WELLNESS 28,545
BEYOND CARE WELLNESS LTD 85,588
BEYOND PHYSIOTHERAPY 74,588
BEYONDREHAB LANGLEY LTD 401,616
BF COLLISION (BRUTE FORCE ENTERPRISES) 1,665,641
BFL CANADA RISK AND INSURANCE SERVICES 2,083,030
BG ACUPUNCTURE INC 52,963
BG REHAB GROUP INC
254,534
BGMEDIATE INC 190,984
BHALLA RISHI DR INC 83,520
BHANGU KULJOT 38,023
BHOPAL REHABILITATION CONSULTING 31,665
BIG CITY’S AUTO BODY LTD 1,421,553
BIG COUNTRY CUSTOMS 44,496
BIG HEARTS HOME HEALTHCARE SERVICES INC 189,493
BIG ISLAND BUILDING SERVICES LTD 30,257
BIG RIG COLLISION (EDMONTON) 108,746
BIG RIG COLLISION GRANDE PRAIRIE LTD 94,624
BIG RIG TOWING AND RECOVERY (CALGARY) 103,927
BILKEY LAW CORP 4,933,522
BILKO TOWING 54,136
BILL HOWICH CHRYSLER LTD 60,897
BILL’S HEAVY DUTY ENTERPRISES 2004 LTD 827,420
BING ZHAOYAN 51,739
BIORECON ENGINEERING INC 138,162
BISMARK COLLISION FACILITY (SRAG HLDGS) 2,036,561
BLACK & WHITE AUTOBODY LTD 2,063,358
BLACKBIRD PHYSIO HAND TO SHOULDER CENTRE 29,732
BLACKSTAR TRUCK AND TRAILER REPAIRS LTD 71,251
BLAIR MACKAY MYNETT VALUATIONS INC 177,314
BLASKOVICH WHIPLASH AND INJURY CLINIC INC 70,801
BLOCK 81 HOLDINGS LTD 505,267
BLOOMBERG FINANCE LP 71,819
BLOOMQUIST LORY R RMT 25,901
BLUE CHIPS COLLISION REPAIR 2,544,451
BLUE PRISM SOFTWARE INC 788,931
BLUE SKY PHYSIOTHERAPY AND REHAB CENTRE 411,304
BLUEBIRD CABS LTD 26,836
BLUECHIP AUTOGLASS & DETAILING 47,347
BLUEWHITE HEALTH INC 35,213
BMC SOFTWARE CANADA INC 824,978
BMT GROUP SERVICES LTD 622,810
BMW LANGLEY (LANGLEY LUXURY AUTOMOTIVE) 263,450
BMW NANAIMO / MINI NANAIMO 45,684
BMW STORE (OPENROAD AUTO GROUP LTD) 80,737
BMW VICTORIA / AUDI VICTORIA 41,104
BODO MOTORS AUTOMOTIVE SERVICES LTD 1,768,532
BODY BALANCE HEALTH AND WELLNESS 88,636
BODY OPTION CLINIC INC 48,449
Statements and Schedules of Financial Information 2022/23
117
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
BODY SMART HEALTH INC 99,194
BODY WORKS SPORTS PHYSIOTHERAPY 117,161
BODYMIND WELLNESS CENTRE INC 263,473
BODYPLUS COLLISION REPAIR LTD 1,411,479
BODYWORX PHYSIO ACUPUNCTURE PILATES 30,215
BOE’S TRAILER SALES LTD 73,354
BONALIFE ACUPUNCTURE & HERBAL MED (BBY) 110,229
BONALIFE ACUPUNCTURE & HERBAL MED (RICH) 66,586
BONFIRE INTERACTIVE LTD 68,622
BONIFACE GIOVANNA 55,975
BONNY’S TAXI LTD 42,069
BORDEN LADNER GERVAIS LLP 2,047,640
BOTTOMLINE TECHNOLOGIES (CANADA) INC 1,013,100
BOUMAN & ASSOCIATES CONSULTING & COACHING
34,125
BOURNE PT (MITCHELL BOURNE) 39,969
BOW MAC TRUCK RENTAL (K MILLER ENT LTD) 32,279
BOWEN ISLAND INSURANCE AGENCIES LTD 161,291
BOWIE PHYSIOTHERAPIST CORP 159,327
BOX PHYSIOTHERAPIST CORP 186,696
BOYD AUTO BODY & GLASS (ABBOTSFORD) 835,671
BOYD AUTO BODY & GLASS (BURNABY) 745,819
BOYD AUTO BODY & GLASS (LANGFORD) 1,173,799
BOYD AUTO BODY & GLASS (LANGLEY) 885,899
BOYD AUTO BODY & GLASS (MAPLE RIDGE) 1,720,165
BOYD AUTO BODY & GLASS (NANAIMO)
767,641
BOYD AUTO BODY & GLASS (NEW WESTMINSTER) 1,158,613
BOYD AUTO BODY & GLASS (PARKSVILLE) 665,162
BOYD AUTO BODY & GLASS (RICHMOND) 1,377,926
BOYD AUTO BODY & GLASS (SAANICHTON) 856,706
BOYD AUTO BODY & GLASS (SOUTH VANCOUVER) 1,371,068
BOYD AUTO BODY & GLASS (SURREY) 1,774,717
BOYD AUTO BODY & GLASS (VICTORIA) 1,878,109
BOYD AUTO BODY & GLASS (WINNIPEG) 438,433
BOYDEN VANCOUVER INC 61,761
BOYLEY AUTO BODY 35,674
BRABY MOTORS LTD 31,964
BRADBURY SIPPEL LAW CORPORATION 1,430,019
BRANCH MACMASTER LLP 178,324
BRANDT TRACTOR LTD 195,910
BRC (BIODYNAMIC RESEARCH) 48,935
BRC GROUP 286,295
BRIAN HUA PHYSIOTHERAPIST CORPORATION 177,877
BRIAN JESSEL BMW PRE-OWNED 96,827
BRIAN JESSEL BMW/SUBARU 286,041
BRIAN MCLEAN CHEVROLET LTD 32,238
BRIAN’S GLASS LTD 593,901
BRICKYARD PHYSIOTHERAPY 286,835
BRIDGE LAKE TOWING 191,874
BRIDGEPORT COLLISION 1,028,769
BRIGHTSIDE PHYSIOTHERAPY 26,205
BRIJ MOHAN & ASSOCIATES 83,512
BRITANNIA AGENCIES (1986) LTD 223,925
BRITE’N UP AUTO CLEANING COMPANY 96,952
SUPPLIER NAME AMOUNTS
BROADMEAD ORTHOPAEDIC PHYSIOTHERAPY 81,596
BROADMOOR CHIROPRACTIC INC 25,327
BROADWAY AT YEW CHIROPRACTIC 83,367
BROADWAY STATION PHYSIOTHERAPY & WELLNESS 228,199
BROCO AUTO GLASS & UPHOLSTERY (BURNABY) 764,292
BROCO AUTO GLASS & UPHOLSTERY (LANGLEY) 1,977,042
BROCO AUTO GLASS & UPHOLSTERY (RICHMOND) 997,997
BROCO AUTO GLASS MAPLE RIDGE 710,602
BROCO GLASS (PORT KELLS) 693,816
BROCO GLASS (WHITE ROCK) 991,399
BROOKS KEVIN 38,056
BROTHERS AUTOBODY REFINISHERS LTD 1,601,894
BROWN BROS FORD SALES (TEB ENTERPRISES) 128,722
BROWN RICHARD DONALD 29,578
BROWNRIDGE & COMPANY INSURANCE SERVICES 628,092
BRUCE SHERRI DR 27,863
BRUCE TATTRIE LAW CORPORATION 56,330
BRUNETTE INSURANCE AGENCIES LTD 806,039
BRYAN’S AUTO BODY (SQUAMISH) LTD 783,347
BRYN SHARKEY PROFESSIONAL CORPORATION 39,060
BUCKNELL JASON DR 27,421
BUDGET BRAKE & MUFFLER (KELOWNA) 35,450
BUDGET BRAKE & MUFFLER (LANGLEY) 144,307
BUDGET BRAKE & MUFFLER (PRINCE GEORGE) 27,741
BUDGET BRAKE & MUFFLER (VANC-SW MARINE) 37,483
BUDGET BRAKE & MUFFLER (VANC-2ND AVE) 63,030
BUDGET BRAKE & MUFFLER AUTO CENTRES (SUR) 407,474
BUDGET GLASS LTD 715,496
BUDGET TOWING AND AUTO REPAIR 51,710
BUDHWANI CHIROPRACTIC WELLNESS INC
29,520
BULKLEY VALLEY INSURANCE SERVICES LTD 887,116
BULLET AUTO GLASS LTD 351,414
BULLFROG POWER INC 27,717
BUMP PHUSIO AND CO (LANGLEY) 68,981
BUMP PHYSIO AND CO (PORT MOODY) 56,953
BUNTAIN INSURANCE AGENCIES LTD
1,590,894
BURKE HEATHER 37,122
BURNABY AUTO BODY (1986) LTD 129,506
BURNABY CHIROPRACTIC CLINIC INC 61,209
BURNABY COUNSELLING GROUP 28,837
BURNABY DIESELTECH SERVICES INC 38,447
BURNABY HEALING ACUPUNCTURE & HERB CLINIC 50,847
BURNABY HEALING SENSE CHIROPRACTIC 111,215
BURNABY HEIGHTS PHYSIOTHERAPY CORP 240,915
BURNABY KAWASAKI RETAIL LTD 57,315
BURNABY PHYSIO & WELLNESS 171,482
BURNABY WELLNESS (GAZAWI CHIROPRACTIC) 41,599
BURNS AMANDA 39,042
BURNS FITZPATRICK LLP 2,306,527
BURQUITLAM KINESIOLOGY 205,244
BURQUITLAM PHYSIOTHERAPY (PRECISIONCARE) 452,551
BURRARD AUTOSTRASSE COLLISION LTD 5,639,358
BURRARD PHYSIO (KERRY MAXWELL PHYSIO) 214,136
Insurance Corporation of British Columbia
118
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
BURTON MCKINNON PHYSIOTHERAPIST CORP 155,028
BUSINESS COUNCIL OF BC 28,350
BUZZ’S AUTOBODY LTD 3,437,573
C & C INSURANCE AGENCIES (RICHMOND) LTD 286,874
C & C INSURANCE AGENCIES LTD 936,060
C & K COLLISION (CHANG KWONG AUTO BODY) 1,466,860
C & L INSURANCE SERVICES INC 1,088,146
C & R TRUCK WEST LTD 2,090,758
C G COYLE & ASSOCIATES INC 937,602
C ME PEDESTRIAN REFLECTORS (C & M DIST) 110,396
C R COASTLINE TOWING & TRANSPORT LTD 308,636
C&D INSURANCE SERVICES LTD 175,019
CACTUS COLLISION & PAINT INC 1,536,893
CALEA LTD 50,839
CALEDONIAN CLINIC LTD 34,826
CALGARY HEAVY TOWING INC 102,761
CALIFORNIA TOWING AND TRANSPORT 32,096
CALMONT TRUCK CENTRE LTD 25,194
CALSTAR AIR MEDICAL SERVICES LLC 58,514
CAM CLARK FORD AIRDRIE
58,675
CAM CLARK FORD LINCOLN LTD 1,536,572
CAM CLARK FORD RICHMOND LTD 82,911
CAMBIE COUNSELLING SERVICES INC 136,955
CAMBIE PHYSIO & HEALTH CENTRE (RICHMOND)
43,757
CAMBIE PHYSIO & HEALTH CENTRE (SURREY) 639,261
CAMBIE PHYSIOTHERAPY & HEALTH CLINIC INC 69,758
CAMERON DONALD ALEXANDER 35,448
CAMPBELL SAUNDERS & CO 47,358
CAMPUS HONDA VICTORIA 30,473
CAMPUS NISSAN VICTORIA 75,676
CANADA KANGTAI HEALTHCARE CO LTD 294,831
CANADA POST CORPORATION 10,032,391
CANADA WEST BRAKE & MUFFLER LTD 33,037
CANADIAN BLACK BOOK INC 106,527
CANADIAN CAR AND TRUCK RENTAL LTD 138,978
CANADIAN COUNCIL OF MOTOR TRANSPORT ADMIN
95,664
CANADIAN PAIN AND REGENERATIVE 240,320
CANADIAN TRUCK AND TRAILER REPAIR INC 71,956
CANADIAN 4X4 AUTO BODY REPAIR 41,848
CANDY AUTOBODY INC 646,070
CANTALK CANADA INC 1,213,813
CANTRUST 4S AUTOBODY SERVICE 1,203,034
CANUCK TOWING & SERVICES LTD 80,554
CAO BIN 44,553
CAPITAL AUTOGLASS & UPHOLSTERY (SIDNEY) 731,518
CAPITAL AUTOGLASS & UPHOLSTERY (VICT) 954,915
CAPITAL GLASS COURTENAY (AJ’S GLASS CTR) 461,777
CAPITAL WEST INSURANCE AGENCIES INC 198,535
CAPITAL WEST INSURANCE SERVICES (SURREY) 264,810
CAPITAL WEST INSURANCE SERVICES LTD 748,483
CAPSTONE INSURANCE SERVICES LTD 1,153,531
CAPTURE FUNCTION CONSULTING INC 95,238
CAR AID AUTO COLLISION CENTRE INC 63,261
SUPPLIER NAME AMOUNTS
CAR-PART.COM (USED CAR PARTS COM INC) 151,667
CARE AND CURE PHYSIOTHERAPY AND MASSAGE 303,688
CARE AT HOME SERVICES ADVANCIA SOLUTIONS 541,187
CARE PLACE WELLNESS CENTRE 29,497
CARE PLUS ACUPUNCTURE AND REHAB 149,373
CARE POINT MEDICAL CENTRE 33,345
CAREMART MEDICAL 30,979
CARES COUNSELLING SOCIETY 47,264
CARFAX CANADA ULC 700,841
CARFRA LAWTON LLP 4,544,878
CARIBOO CHEVROLET BUICK GMC LTD 58,795
CARING TOUCH HEALTH CARE SERVICES INC 30,529
CARL’S TOWING SERVICE & REPAIR INC 53,878
CARMAC DIESEL LTD 62,075
CARPENTER JUSTIN (JC KINESIOLOGIST) 27,494
CARRAIG LAW GROUP LLP 2,267,463
CARRUTHERS DUPLESSIS LAW CORP 5,096,824
CARSTAR CHILLIWACK (WALLYS AUTO BODY) 1,740,005
CARTER CHEV CADILLAC BUICK GMC 866,733
CARTER CHEV CADILLAC BUICK GMC BBY 30,786
CARTER CHEV CADILLAC BUICK GMC N SHORE 148,879
CARTER MOTORSPORTS (CARTER MOTOR CARS) 152,187
CASCADE CHIROPRACTIC (FERENCE CHIRO INC) 25,156
CASCADE INSURANCE AGENCIES (BURNABY) INC 340,116
CASCADE PHYSIOTHERAPY AND CHIROPRACTIC 246,353
CASCADES CONTAINERBOARD PACKAGING 31,157
CASCADIA SHADING DESIGN 44,820
CASE GORDON DR 31,416
CASEY LAW OFFICES 1,264,506
CASMAN INSURANCE AGENCY & FINANCIAL GROUP 555,496
CASSADY & COMPANY 1,786,304
CASSIAN COMMERCIAL SERVICES INC 924,108
CATALYST KINETICS BC LTD 809,353
CATCH WELLNESS INC 130,270
CATHAY PACIFIC INSURANCE AGENCY LTD 119,252
CAVE CURE AND THERAPIES INC 99,188
CAVEMAN TOWING INC 30,310
CBI FRASER VALLEY LIMITED 69,858
CBI HEALTH CENTRE CAMPBELL RIVER 169,037
CBI HEALTH CENTRE CHILLIWACK (CORBOULD) 150,108
CBI HEALTH CENTRE CHILLIWACK (KEITH WILS) 172,099
CBI HEALTH CENTRE CRANBROOK 80,771
CBI HEALTH CENTRE EAGLE CREEK VICTORIA 34,441
CBI HEALTH CENTRE GOLDEN EARS 43,275
CBI HEALTH CENTRE GUILDFORD 272,894
CBI HEALTH CENTRE KELOWNA 25,321
CBI HEALTH CENTRE LANGFORD 49,396
CBI HEALTH CENTRE NANAIMO 55,513
CBI HEALTH CENTRE NANAIMO AQUATICS 367,839
CBI HEALTH CENTRE PORT COQUITLAM 55,961
CBI HEALTH CENTRE SARDIS 43,578
CBI HEALTH CENTRE SURREY FLEETWOOD 97,730
CBI LANGLEY (CANADIAN BACK INSTITUTE) 27,114
Statements and Schedules of Financial Information 2022/23
119
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
CBI LIMITED 37,165
CBI LIMITED (JR REHAB) 2,122,806
CBI OT SERVICES FRASER VALLEY 308,674
CBI OT SERVICES NANAIMO 328,173
CBI OT SERVICES VICTORIA 140,015
CBI REHAB IN MOTION CAMPBELL RIVER 66,518
CBI REHAB IN MOTION COURTENAY 45,744
CBI REHAB IN MOTION PORT ALBERNI 72,994
CBRE LIMITED 2,761,329
CCR RE (CANADA BRANCH) 717,589
CDW CANADA CORP 844,931
CECOT JAN RMT 40,064
CEDAR AND SAGE PHYSIOTHERAPY 25,977
CEDAR CHIROPRACTIC AND PHYSIOTHERAPY 264,540
CEDAR HILLS CHIROPRACTIC CENTER 37,412
CEDAR SKY CHIROPRACTIC INC 66,759
CEDAR VALLEY PHYSIOTHERAPY & PAIN CLINIC 376,844
CEDARS AT COBBLE HILL 56,306
CEFIRO PAPER SUPPLY AND PACKAGING INC 45,087
CELLTEX COLLISION REPAIRS LTD 422,145
CELTIC SYSTEMS (CELTIC CROSS HLDGS INC) 1,153,270
CENTER MEDICAL MASSAGE THERAPY CLINIC 54,623
CENTRAL AGENCIES LTD 927,366
CENTRAL CHIROPRACTIC LTD (THE) 337,144
CENTRAL CITY INSURANCE SERVICES INC 365,538
CENTRAL ISLAND TOWING LTD 108,994
CENTRAL PARK CHIROPRACTIC INC 117,391
CENTRAL PARK PHYSIOTHERAPY 900,140
CENTRAL VALLEY CHIROPRACTIC CORP 42,202
CENTRAL VALLEY INSURANCE SERVICES LTD 1,355,046
CENTRAL VALLEY TAXI LTD 32,733
CENTURY CHIROPRACTIC CLINIC (RICHMOND) 36,136
CENTURY CHIROPRACTIC CLINIC (VAN-NANAIMO) 261,995
CENTURY CHIROPRACTIC CLINIC (VAN-16TH) 188,079
CENTURY COLLISION (DAI SUN AUTO GROUP) 2,622,694
CEP FORENSIC INC 307,941
CERNA COLLISION LTD 1,800,917
CERTIFIED AUTOSOUND & SECURITY 56,783
CERTIFIED PROSTHETICS & ORTHOPEDICS CO 37,109
CERVO BRIAN DR 38,216
CF VENTURES BUILDING SERVICES INC 42,945
CHAIR STUFF SALES LTD 132,653
CHAIRLINES (CANADA CHAIRLINES LTD) 180,533
CHAMBERS OLSON LTD 343,227
CHAMPION CHEVROLET LTD 272,004
CHAMPION COLLISION CENTRE LTD 1,590,375
CHAMPION TOWING LTD 324,672
CHAMPLAIN HEIGHTS PHYSIO & MASSAGE CLINIC 102,300
CHAMPLAIN SQUARE PHYSIO (KER WELLNESS) 717,013
CHAN FREDRICK 51,963
CHAN KIN ON 25,867
CHAN SIU TUNG BELLA 28,263
CHAN VIVIAN 54,769
SUPPLIER NAME AMOUNTS
CHAN WINNIE 34,073
CHANGEPAIN CLINIC INC 50,951
CHANGEPAIN COLLABORATIVE INC 315,587
CHANOR TRUCK & AUTO REPAIRS LTD 33,109
CHAP’S CRAFTSMAN COLLISION 1,610,097
CHARAKA REHAB INC 74,287
CHAREST LEGAL SOLUTIONS INC 297,236
CHARLESWORTH INSURANCE SERVICES LTD 650,510
CHARLIE’S AUTO BODY (CHARLIE’S COLLISION) 1,076,798
CHARMAINE TO PHYSIOTHERAPISTS CORP 108,987
CHAS & ASSOCIATES CONSULTING INC 529,430
CHASE AUTO & WINDOW GLASS (MOR ENT LTD) 197,457
CHD HOLDING LTD 34,069
CHEAM WELLNESS GROUP (JJ ALLAN HLDGS LTD) 224,194
CHEMO RV SALES & SERVICE (QUESNEL) 90,247
CHEMO RV SALES & SERVICE (150 MILE HOUSE) 108,975
CHEN BIN 42,808
CHEN CHIH MEI 36,298
CHEN HUAN WEI 147,939
CHEN VINCENT 36,457
CHEN-SEE SABRINA FAYE 40,317
CHENRUIS ACUPUNCTURE AND HERB CLINIC LTD 38,424
CHETWYND AUTO BODY 1994 LIMITED 1,141,351
CHETWYND GLASS (2017) LTD 65,525
CHEUNG GORDON DR 75,250
CHEUNG LISA 339,072
CHIANG LI HUA DORIS 31,730
CHILLIWACK AUTO GLASS & UPHOLSTERY LTD 374,963
CHILLIWACK COUNSELLING 77,505
CHILLIWACK FORD 67,165
CHILLIWACK INSURANCE AGENCIES LTD 589,318
CHILLIWACK KIA 31,936
CHILLIWACK PRO AUTOCARE LTD 40,631
CHILLIWACK TAXI LTD 80,629
CHILLIWACK VOLKSWAGEN (AUTOCANADA) 27,270
CHIPPERFIELD PHYSIOTHERAPY 209,048
CHIROPRACTIC LIFE CENTRE 86,568
CHOHAN GURJIT 76,326
CHOICE INSURANCE SERVICES INC 979,546
CHONG DAVID 38,379
CHOO IVAN DR INC 53,088
CHORNA NATALIYA CLINICAL COUNSELLOR 26,729
CHRIS BOLAN LAW 674,177
CHRIS BOYD COUNSELLING AND CONSULTING 30,214
CHRISTENSEN COLLISION & AUTO DETAIL 39,073
CHRISTENSEN COLLISION LTD 1,085,626
CHU KEVIN 36,295
CHUAN FU WEN 40,076
CIBC-GLOBAL TRANSACTION BANKING 56,732
CINGA LEADERSHIP AND LEARNING INC 92,000
CIRA HEALTH SOLUTIONS LP 35,725
CIRA MEDICAL SERVICES 94,891
CIRCUIT COLLISION AND AUTO GLASS 2,246,325
Insurance Corporation of British Columbia
120
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
CIS INSURANCE BROKERS LTD 351,603
CITATION RV AND TRAILERS LTD 40,083
CITISTAR INSURANCE AGENCIES LTD 255,900
CITRIX SYSTEMS INC 263,600
CITY GLASS & WINDSHIELD SHOP LTD 155,044
CITY MOTORS (1981) LTD 39,845
CITY OF ABBOTSFORD 621,066
CITY OF BURNABY 503,657
CITY OF CAMPBELL RIVER 82,363
CITY OF CHILLIWACK 358,073
CITY OF COQUITLAM 874,361
CITY OF COURTENAY 104,995
CITY OF CRANBROOK 35,151
CITY OF DELTA 302,584
CITY OF GREENWOOD 90,872
CITY OF KAMLOOPS 347,664
CITY OF KELOWNA 424,983
CITY OF LANGFORD 382,836
CITY OF LANGLEY 185,303
CITY OF MAPLE RIDGE 174,971
CITY OF MISSION 93,956
CITY OF NANAIMO 231,811
CITY OF NEW WESTMINSTER 1,102,744
CITY OF NORTH VANCOUVER 1,274,258
CITY OF PARKSVILLE 71,400
CITY OF PENTICTON 346,683
CITY OF PORT COQUITLAM 234,592
CITY OF PORT MOODY 28,875
CITY OF PRINCE GEORGE 210,949
CITY OF RICHMOND 795,200
CITY OF SURREY 1,210,906
CITY OF TERRACE 47,630
CITY OF TRAIL 57,592
CITY OF VANCOUVER 1,366,172
CITY OF VERNON 45,041
CITY OF VICTORIA 397,980
CITY OF WEST KELOWNA 107,600
CITY PHYSIOTHERAPY CLINIC 261,199
CITYLAW GROUP 213,359
CITYLINE AUTO GLASS (SKYLINE MOTORS LTD) 616,168
CJR ACUPUNCTURE 29,123
CJS TOWING UNLIMITED INC 29,247
CLAIMSPRO INC 1,071,459
CLARE BEARY KINESIOLOGY 40,448
CLARE FAULKNER PHYSIOTHERAPIST CORP 31,385
CLARK AUTO BODY LTD 745,890
CLARK HILL STRASBURGER 329,324
CLARK WILSON LLP 520,173
CLASSIC COLLISION LTD 408,946
CLASSIC COLLISION MEDFORD 26,613
CLASSIC GLASS & AUTO (R & I HOLDINGS LTD) 722,962
CLASSIC IMAGE AUTO BODY LIMITED 775,824
CLASSIC LIFECARE LTD 62,738
SUPPLIER NAME AMOUNTS
CLASSIC TOWING COMPANY 348,532
CLASSIC 7 COLLISION CENTRE INC 35,812
CLAYMORE COLLISION LTD (BOYD AUTO-POCO) 3,529,962
CLAYTON HEIGHTS CHIROPRACTIC 108,835
CLAYTON HEIGHTS MEDICAL CLINIC 34,689
CLAYTON HEIGHTS SPORTS AND THERAPY 1,156,659
CLAYTON HEIGHTS 188ST PHYSIO AND SPORTS 511,996
CLAYTON TOWING 110,682
CLEANOLOGY SERVICES LTD 90,524
CLEAR ADJUSTING (KELOWNA) 44,157
CLEAR VIEW GLASS & UPHOLSTERY LTD 407,354
CLEAR-VIEW GLASS 366,153
CLEARBROOK CHIROPRACTIC & MASSAGE CLINIC 457,969
CLEARWATER GLASS LTD 172,726
CLEARWATER PHYSICAL THERAPY BC LTD 38,139
CLEARWATER TOWING LTD 59,854
CLEARWAY RENTALS INC 42,192
CLENLAW INVESTIGATION AND ADJUSTING INC 233,402
CLOVER HILLS REHABILITATION INC 494,465
CLOVER TOWING 2015 LTD 7,179,738
CLOVERDALE AUTO METAL (1979) LTD 1,246,953
CLOVERDALE INSURANCE SERVICES LTD 574,372
CLOVERDALE LEE’S ACUPUNCTURE 44,304
CLOVERDALE PHYSIOTHERAPY & SPORTS CLINIC 761,569
CLR HEALTHCARE INC 68,379
CLUB TOWING AND HEAVY RECOVERY LTD 346,329
CN ACUPUNCTURE (MULBERRY HEALTH CARE INC)
95,921
CNJ AUTO GLASS AND WINDOW TINTING LLC 29,171
CNTCM ACUPUNCTURE 25,992
CO-OPERATORS INSURANCE AGENCIES LIMITED 5,946,429
CO-UP AUTO BODY REPAIRS 3,178,135
COACHE COLLISION LTD 4,213,648
COACHWERKS RESTORATION 93,898
COAL HARBOUR MEDICAL CLINIC 30,510
COAST CLAIMS SERVICE LTD 798,261
COAST MOUNTAIN CHEVROLET BUICK GMC LTD 112,159
COAST PERFORMANCE REHAB KITSILANO INC 138,576
COAST PERFORMANCE REHABILITATION INC (NV) 172,913
COAST PHYSIOTHERAPY SECHELT INC 39,986
COAST REPORTING SERVICES INC 198,136
COASTAL COMMUNITY INSURANCE SERVICES 2,955,409
COASTAL FORD SALES LTD (BURNABY) 87,521
COASTAL FORD SALES LTD (VANCOUVER) 39,552
COASTAL HAND CLINIC 59,484
COASTAL PHYSIOTHERAPY & SPORTS REHAB LTD 87,100
COASTAL ROOTS HEALTH CENTRE LTD (SOOKE) 60,940
COASTAL ROOTS HEALTH CENTRE LTD (VICT) 25,073
COASTAL WELLNESS CENTER (BKG CHIRO INC) 31,848
COASTLINE GLASS LTD 63,387
COASTLINE HEALTH AND PERFORMANCE LTD 80,182
COASTLINE MAZDA (KAWEN HOLDINGS LTD) 38,060
COCHRANE IMAGE AUTO BODY 34,178
COCKWELL LUKE RMT 36,436
Statements and Schedules of Financial Information 2022/23
121
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
COGNI CARE INC 38,286
COLEBROOK FAMILY PRACTICE 27,920
COLLIBRA INC 290,049
COLLINGWOOD INSURANCE CENTRE INC 407,348
COLLINGWOOD INSURANCE CENTRE 2014 INC 67,195
COLLINGWOOD MEDICAL CLINIC 33,804
COLLINS MANUFACTURING COMPANY LTD 305,799
COLLISION ANALYSIS LTD 74,550
COLLISION CRAFT 695,396
COLORWORKS TOM’S CUSTOM AUTOBODY (COQ) 2,529,803
COLORWORKS TOM’S CUSTOM AUTOBODY (POCO) 1,789,945
COLOUR PERFECTION AUTO COSMETIC LTD 1,002,308
COLUMBIA COLLISION REPAIRS LTD 3,800,438
COLUMBIA GLASS (1972) LTD 408,074
COLUMBIA INTEGRATED HEALTH CENTRE 486,724
COLUMBIA PACIFIC CONSULTING GROUP LTD 2,153,495
COLUMBIA SPEECH AND LANGUAGE SERVICES INC 301,518
COLWOOD BACK TO BACK CHIROPRACTIC 242,060
COMEWEALTH ACUPUNCTURE & CHINESE MEDICINE
25,404
COMFORT KEEPERS (NORTH VANCOUVER) 30,949
COMFORT KEEPERS (WHITE ROCK) 54,375
COMFORT ZONE MOBILITY AIDS (THE) 36,152
COMMIT AUTOBODY AND REPAIR (2012) LTD 456,212
COMMUNITY THERAPISTS 1998 INC 1,986,189
COMOX PHYSIOTHERAPY CLINIC 77,891
COMOX VALLEY BOBCAT AND EXCAVATING 32,165
COMPASS OCCUPATIONAL THERAPY INC 39,120
CONCEPT PHYSIOTHERAPY 222,595
CONCORD CONCRETE PUMPS INTERNATIONAL LTD 90,489
CONCUSSION CARE KELOWNA 120,488
CONNECT COMMUNITIES 148,257
CONNECT INSURANCE BROKERS INC 103,747
CONNELL D G DR 32,779
CONNELL GAELAN 85,302
CONNELL JOAN ELLEN 65,234
CONNEXION INDUSTRIES 41,163
CONNING INC 29,250
CONTENTFUL INC 84,550
CONWAY-JONES JEFFREY 33,066
COOPER’S TOWING LTD 63,838
COPELAND STAIR KINGMA AND LOVELL 88,584
COPPER MOUNTAIN CENTRE FOR CHINESE MED 43,477
COQUITLAM AGENCIES (1982) LTD 337,068
COQUITLAM EXPRESS AUTOBODY LTD 1,406,933
COQUITLAM TOWING & STORAGE CO 1,409,169
COQUITLAM WELLNESS CENTRE 277,188
CORAL INTERNATIONAL TRUCK EQUIPMENT LTD 59,385
CORE AUTOBODY & REPAIR LIMITED 2,152,010
CORE CHIROPRACTIC (TROY TATER CHIRO INC) 26,903
CORE CONNECTION MOBILE PHYSIOTHERAPY 41,959
CORE FITNESS AND REHAB INC 50,351
CORE FOCUS TRAINING (MARK ERICO SALGADO) 170,344
CORE KINESIS PHYSIOTHERAPY 141,431
SUPPLIER NAME AMOUNTS
CORNERSTONE ADJUSTERS INC 118,381
CORNISH MARGOLIS BOYD MEDIATION 63,360
CORPORATE COURIERS LOGISTICS ULC 97,714
CORPORATE EXPRESS CANADA INC 1,226,653
CORTEX CLINICAL COUNSELLING 62,404
CORVETTE SPECIALTIES AUTO GROUP INC 170,823
CORVUS LAW CORPORATION 643,507
CORWIN COLLISION CENTER 43,436
COSMOS AUTOCARE (COSMIC COLLISION LTD) 1,059,817
COSMOS COLLISION LTD (CALGARY) 30,043
COTTONWOOD AUTO BODY LTD 955,044
COTTONWOOD AUTO GLASS INC 280,639
COTTONWOOD RV SALES & SERVICE LTD 99,540
COUNTRY CAMPING LEISURE PRODUCTS 87,684
COUNTRY RV (FRASERWAY RV GP LTD) 60,885
COURTENAY COLLISION SERVICES LTD 1,189,619
COURTENAY RV SPECIALISTS 54,064
COUVE HEALTH CORP 113,000
COWELL MOTORS LTD 26,178
COWICHAN ACTIVE REHABILITATION CORP 55,827
COWICHAN COLLISION LTD 1,663,439
COWICHAN EYECARE OPTOMETRISTS 26,437
COWICHAN TOWING 2020 LTD 43,609
COX & PALMER 38,880
COZENS WIENS LLP 1,023,841
CR LAWYERS LLP 797,636
CR+ CROSS ROADS CLINICS 25,781
CRAFTSMAN COLLISION ABBOTSFORD CENTRAL 2,930,316
CRAFTSMAN COLLISION ABBOTSFORD WEST 2,344,819
CRAFTSMAN COLLISION AUTO GLASS KELOWNA 122,559
CRAFTSMAN COLLISION AUTO GLASS SURREY 713,459
CRAFTSMAN COLLISION BOUNDARY & 1ST AVE 1,950,158
CRAFTSMAN COLLISION BRENTWOOD 742,037
CRAFTSMAN COLLISION BRIDGE ST VICTORIA 2,166,941
CRAFTSMAN COLLISION CAMBIE & MARINE 3,191,703
CRAFTSMAN COLLISION CHILLIWACK 2,659,137
CRAFTSMAN COLLISION COLWOOD 2,190,061
CRAFTSMAN COLLISION COQUITLAM 2,216,009
CRAFTSMAN COLLISION ESQUIMALT 1,440,362
CRAFTSMAN COLLISION GT DUNCAN 3,585,406
CRAFTSMAN COLLISION KAMLOOPS 2,548,494
CRAFTSMAN COLLISION KELOWNA CENTRAL 2,314,032
CRAFTSMAN COLLISION LANDMARK WAY 2,074,681
CRAFTSMAN COLLISION LANGLEY BYPASS 3,282,986
CRAFTSMAN COLLISION MAIN & 3RD 2,978,116
CRAFTSMAN COLLISION MAPLE RIDGE 3,881,719
CRAFTSMAN COLLISION METROTOWN 2,838,522
CRAFTSMAN COLLISION NEWTON 2,206,334
CRAFTSMAN COLLISION NORTH NANAIMO 2,098,864
CRAFTSMAN COLLISION NORTH VAN EAST 3,297,647
CRAFTSMAN COLLISION NORTH VAN WEST 4,745,879
CRAFTSMAN COLLISION PENTICTON 780,583
CRAFTSMAN COLLISION PORT COQUITLAM 2,853,420
Insurance Corporation of British Columbia
122
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
CRAFTSMAN COLLISION PORT MOODY 1,875,149
CRAFTSMAN COLLISION POWELL EAST VAN 1,994,554
CRAFTSMAN COLLISION QUESNEL 3,295,495
CRAFTSMAN COLLISION RICHMOND 2,914,464
CRAFTSMAN COLLISION RUTLAND 1,173,149
CRAFTSMAN COLLISION SURREY SCOTT RD 3,286,562
CRAFTSMAN COLLISION USA LONG BEACH 43,261
CRAFTSMAN COLLISION VERNON 2,692,902
CRAFTSMAN COLLISION WALNUT GROVE 3,256,399
CRAFTSMAN COLLISION WEST KELOWNA 2,294,297
CRAFTSMAN COLLISION WHITE ROCK/S SURREY 4,027,680
CRAIG WILLIAM HENRY DR 92,252
CRANBROOK DODGE (DCG HOLDINGS LTD) 38,349
CRANBROOK GLASS & WINDSHIELD 416,772
CRAWFORD AND COMPANY (CANADA) INC 146,187
CREATIVE COACH COLLISION REPAIR 50,622
CREATIVE MOBILITY PRODUCTS INC 41,574
CREATIVE THERAPY CONSULTANTS (CASTLEGAR) 69,485
CREATIVE THERAPY CONSULTANTS (KAMLOOPS) 133,974
CREATIVE THERAPY CONSULTANTS (KELOWNA) 434,702
CREATIVE THERAPY CONSULTANTS (NANAIMO) 64,890
CREATIVE THERAPY CONSULTANTS (PENTICTON) 809,191
CREATIVE THERAPY CONSULTANTS (PR GEORGE) 124,564
CREATIVE THERAPY CONSULTANTS (TERRACE) 87,710
CREATIVE THERAPY CONSULTANTS (VERNON) 104,508
CREATIVE THERAPY CONSULTANTS (WMS LAKE) 26,512
CREEKSIDE CHIROPRACTIC LTD 56,042
CREEKSIDE PHYSIOTHERAPY 196,088
CREEKSTONE CARE CENTRE 29,715
CRESTON CLASSIC GLASS & TRIM (DALLET ENT) 68,837
CRESTON PHYSIOWORKS AND MORE 38,457
CRESTON VALLEY ADAPTATIONS 133,715
CRITERION WELLNESS CLINIC INC 223,299
CROCKETTS INTERSTATE TOWING 29,126
CRONK RICHARD ROBERT 27,638
CROSS LANGLEY PHYSIOTHERAPY & PAIN CLINIC 38,717
CROSSROADS COLLECTIVE LLP 105,973
CROSSROADS PHYSIOTHERAPY AND MASSAGE 25,220
CROWE MACKAY LLP 88,836
CROWN DIAMOND WELLNESS CENTER LTD 204,500
CRUX CHIROPRACTIC INC 42,944
CRYSTAL GLASS CANADA LTD (BURNABY) 227,443
CRYSTAL GLASS CANADA LTD (CHILLIWACK) 191,201
CRYSTAL GLASS CANADA LTD (CRANBROOK) 336,084
CRYSTAL GLASS CANADA LTD (KAMLOOPS) 786,553
CRYSTAL GLASS CANADA LTD (KELOWNA) 218,434
CRYSTAL GLASS CANADA LTD (LANGLEY) 264,744
CRYSTAL GLASS CANADA LTD (MAPLE RIDGE) 424,870
CRYSTAL GLASS CANADA LTD (PRINCE GEORGE) 561,280
CRYSTAL GLASS CANADA LTD (QUESNEL) 279,494
CRYSTAL GLASS CANADA LTD (SALMON ARM) 257,326
CRYSTAL GLASS CANADA LTD (VERNON) 307,363
CRYSTAL GLASS CANADA LTD (WEST KELOWNA)
364,678
SUPPLIER NAME AMOUNTS
CRYSTAL GLASS CANDADA LTD (EDMONTON) 33,284
CSA INVESTIGATIONS 72,931
CSN ADVANCE COLLISION (LIFT AUTO GROUP) 1,086,963
CSN BM COLLISION (LIFT AUTO GROUP) 36,533
CSN CASCADE COLLISION SERVICES LTD 53,253
CSN CB’S AUTO TECH (LIFT AUTO GROUP) 929,194
CSN DAYTON (LIFT AUTO GROUP)
2,980,447
CSN FRANK’S (LIFT AUTO GROUP) 2,106,382
CSN KELOWNA PERFORMANCE (LIFT AUTO GROUP) 3,559,925
CSN KUSTOM AUTO BODY 30,264
CSN MARK V (LIFT AUTO GROUP) 1,792,399
CSN MCCURDY (LIFT AUTO GROUP) 1,493,818
CSN MERRITT (LIFT AUTO GROUP) 872,511
CSN PENTICTON (LIFT AUTO GROUP) 1,121,761
CSN SPRINGFIELD (LIFT AUTO GROUP) 2,259,850
CSN TOP GUN (LIFT AUTO GROUP) 1,176,156
CSN WEST KELOWNA (LIFT AUTO GROUP) 2,312,395
CUNDARI SEIBEL LLP 5,907,984
CUSTOM VAC SERVICES LTD 159,525
CUTBANKS AUTOBODY & GLASS LTD 977,604
CYGNUS DESIGN GROUP INC (THE) 165,920
CYPRESS PHYSIOTHERAPY AND HEALTH LTD 98,449
D & D DISABILITY MANAGEMENT 2,140,187
D & K BODY SHOP CO LTD 434,880
D G LEE PHYSICAL THERAPIST CORPORATION 85,304
D J’S PAINT AND BODY (1987) LTD 1,355,528
D R REHAB INC 80,904
D’ARCY’S GLASS (2010) LTD 590,087
DA CHANG JIN CHINESE MEDICAL & HEALTHCARE 26,713
DADSON CONSULTING SERVICES INC 50,693
DAKOTA TOWING INC 160,084
DALE CHARLES PHYSIOTHERAPY 145,789
DALES ALIGNMENT & BRAKE SERVICE LTD 186,988
DAMAR TOWING CORP 40,990
DAMINI PHYSIOTHERAPY AND SPORTS INJURY 114,449
DAMON’S DUNN RIGHT TOWING & RECOVERY 134,289
DAMS FORD LINCOLN SALES LTD (LANGLEY) 2,776,224
DAMS FORD LINCOLN SALES LTD (SURREY) 179,623
DAN HANSEN AUTO REPAIR INC 34,764
DAN THE MAN’S AUTOBODY AND GLASS LTD 1,430,000
DAN’S KAMLOOPS COLLISION CENTRE LTD 2,750,201
DANA J BROMLEY INC 44,481
DARWIN WONG MASSAGE THERAPY LTD 103,730
DARYL KINDRATSKY PHYSIOTHERAPIST CORP 56,357
DATA REPRO COM LTD 31,507
DAUPHIN FORD LTD 49,088
DAVE DALE INSURANCE AGENCIES LTD 593,086
DAVE MOORE TRANSPORT AND RECOVERY 36,373
DAVID A BUSCH LAW CORPORATION 1,325,403
DAVID A JOYCE LAW CORPORATION 713,761
DAVID P YEREMA LAW CORPORATION 818,810
DAVID THOMPSON MASSSAGE THERAPY LTD 138,095
DAVIE AND ASSOCIATES 1,703,979
Statements and Schedules of Financial Information 2022/23
123
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
DAVIES HOME HEALTHCARE LTD 38,252
DAVIS LYRIS 70,956
DAWN COX COUNSELLING 25,584
DAWSON CREEEK COLLISION (PACE) 1,856,049
DAWSON INTERNATIONAL TRUCK CENTERS LTD 34,278
DAWSON TRUCK REPAIRS LTD 53,327
DAY & NITE TOWING & AUTOWRECKING 88,447
DAYTONA MOTORSPORTS VANCOUVER 110,452
DE PAOLI LORIS G 63,975
DEAN NEUMANN PLC 949,121
DEARBORN MOTORS LTD 105,906
DECO PLUS PAINTING AND CONTRACTING LTD 60,105
DEE MOTORS LTD (NEWTON SERVICE) 64,798
DEEP PHYSIO (S & J MOXON PHYSIOTHERAPIST) 94,481
DEEPAK BHASIN PHYSICAL THERAPIST CORP 37,397
DEL ORO TOWING LTD 551,602
DELOITTE LLP 3,148,084
DELTA SUNSHINE TAXI (1972) LTD 89,340
DEN’S LADYSMITH COLLISION CENTRE INC 574,288
DEPENDABLE COLLISION LTD 1,067,892
DERAKHSHANFAR SHIMA 25,087
DERRICKS SANDBLASTING 97,504
DESAI SHAILESH MANOHARLAL 28,530
DESIGN ROOFING AND SHEET METAL LTD 77,106
DESIGNER COACHWORKS LTD 28,104
DESLAURIERS CHIROPRACTIC GROUP INC 105,408
DESTINATION HONDA BURNABY (HAPPY AUTO) 322,939
DESTINATION TOYOTA BURNABY 4,583,644
DEVON TRANSPORT LTD (BUDGET RENT-A-CAR) 1,165,021
DG CHIROPRACTIC INC 25,392
DHILLON BHUPINDER RMT 34,203
DIAMOND AUTO & WINDOW GLASS 114,059
DIAMOND AUTO GLASS LTD 916,916
DICK’S TOWING & TRANSPORT 26,092
DICKSON BRAD DR CHIROPRACTIC CORP 34,034
DIGITAL MESSAGING TECHNOLOGIES SOLUTIONS 36,960
DILIGENT CANADA INC 44,289
DIMENSION HEALTH AND WELLNESS LTD 62,237
DIONNE GLASS LTD 167,560
DIRECT IME CORP 1,507,062
DISCOVERY CHIROPRACTIC 28,044
DISCOVERY CLAIMS SERVICES LTD 495,863
DISCOVERY HONDA (DISCOVERY MOTORS LTD) 29,638
DISTRICT OF CLEARWATER 168,605
DISTRICT OF HUDSON’S HOPE 118,758
DISTRICT OF LAKE COUNTRY 61,635
DISTRICT OF NEW HAZELTON 352,001
DISTRICT OF NORTH COWICHAN 33,100
DISTRICT OF NORTH SAANICH 32,000
DISTRICT OF NORTH VANCOUVER 335,819
DISTRICT OF PORT HARDY 47,385
DISTRICT OF SAANICH 310,435
DISTRICT OF SOOKE 36,750
SUPPLIER NAME AMOUNTS
DISTRICT OF SQUAMISH 48,356
DISTRICT OF WEST VANCOUVER 38,562
DITTMANN KATRINA 67,309
DIVERSIFIED HEALTH CLINIC 171,097
DIVINE CARE PHYSIO SPORTS INJURY & NEURO 76,856
DL ADJUSTERS LTD 439,506
DLL CONTRACTING 37,012
DMAC AUTO GLASS LTD 34,790
DN AUTO CORP 36,982
DOBSON’S GLASS LTD 1,022,164
DOC’S AUTO BODY (2012) LTD 3,260,290
DOCKSIDE PHYSIOTHERAPY 62,447
DOLDEN WALLACE FOLICK LLP 507,352
DOMENICO MEDIATION INC 185,583
DOMINION GOVLAW LLP 371,718
DON WOTHERSPOON & ASSOCIATES (FLEETWOOD)
432,903
DON WOTHERSPOON & ASSOCIATES (POCO) LTD 227,837
DON WOTHERSPOON & ASSOCIATES LTD 148,192
DON’S AUTO BODY & PAINT SHOP LTD 258,816
DON’S AUTO TOWING LTD 1,203,202
DONG LIU 25,697
DONNA BAIN AND ASSOCIATES INC 47,408
DONOVAN TERESSA 72,126
DOSANJH GURINDER (NOVA HEALTH GROUP) 105,865
DOT LYN SALES AND SERVICE LTD 68,440
DOUG’S PLACE STRATHCONA 31,256
DOUGLAS R SODERLAND LAW OFFICES 154,328
DOWNTOWN HEALTH INC 269,009
DR HOOK TOWING SERVICES LTD 34,808
DR JACQUELINE PIERCE MD INCORPORATED 92,012
DR KIM’S COUNSELING CLINIC 29,804
KALIRAY P DR INC 54,647
SAINI RAJAN DR INC 40,047
DR SHERRY MODERN TCM CLINIC LTD 50,424
DR YU’S ACUPUNCTURE CLINIC 39,201
DRAKE CHIROPRACTIC SERVICES INC 38,925
DRAKE TOWING SERVICES LTD 127,602
DRAKE TOWING 2018 LTD 231,601
DRIFT AUTOBODY & PAINT LTD 537,228
DRIFTWOOD SPORT AND WELLNESS INC 143,536
DRIVEN ISLAND AGENCIES LTD DBA INSURELINE 1,350,950
DRIVING FORCE INC (THE) 26,558
DRUMMOND LAW CORPORATION 644,482
DUBOIS DANIEL S DR 62,445
DUECK CHEVROLET BUICK CADILLAC GMC LTD 1,167,441
DUECK DOWNTOWN CHEVROLET BUICK GMC LTD
100,311
DUECK RICHMOND CHEV BUICK CADILLAC GMC 1,634,612
DUKE REFRIGERATION AND HVAC LTD 364,247
DULAY PAVDEEP 236,168
DUMOULIN BOSKOVICH LLP 6,079,865
DUNBAR PHYSIO (CURTAIN PHYSIOTHERAPIST) 112,657
DUNCAN CHRYSLER DODGE JEEP RAM LTD 104,623
DUNSMUIR IAN ROBERT 25,979
Insurance Corporation of British Columbia
124
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
DWIGHTS HOMES & GARDENS LTD 38,422
DYE & DURHAM COMPANY INC 63,233
DYE & DURHAM CORPORATION 1,343,087
DYNAMIC BALANCE PHYSIO & VESTIBULAR REHAB
89,359
DYNAMIC FACILITY SERVICES LTD 64,056
DYNAMIC SPECIALTY VEHICLES LTD 126,578
DYNATRACE CORPORATION OF CANADA LTD 543,488
E-SQUARE AUTOWORKS LTD 1,893,401
EAGLE AUTOMOTIVE CENTER (LARRY’S SERVICE) 1,224,525
EAGLE PROFESSIONAL RESOURCES INC 28,114
EAGLE RIDGE PHYSIOTHERAPY 437,550
EAGLE ROCK TOWING (ARMSTRONG) 162,981
EAGLE ROCK TOWING (SALMON ARM) 62,161
EAST END AUTO AND TRUCK PARTS INC 28,595
EAST END AUTO BODY SHOP LTD 1,056,499
EAST VANCOUVER SPORTS AND REHAB CLINIC 171,266
EASTHILL PHYSIO AND ACUPUNCTURE CLINIC 331,617
EASTSIDE: PHYSIOTHERAPY & REHAB CLINIC 98,052
EASY ALLIED HEALTH CORPORATION 946,091
EASY THERAPY (DRAGUTINOVIC PHYSIO CORP) 498,671
EBRAHIM SALIM DR INC 87,150
ECATERINA UNGUREANU LAW CORP 435,899
ECKLER LTD 336,479
ECLIPSE PHYSIO AND SPORTS INJURY CLINIC 154,319
ECONO GLASS LTD 35,599
ECONOMY GLASS SUPPLIER LTD 312,699
EDMONTON DIESEL DOCTOR LTD 141,151
EDMONTON KENWORTH LTD 66,178
EDMONTON TOWING SERVICES LTD 385,113
EFFECTIVE AUTO BODY REPAIR LTD 1,400,601
EFM TOWING 53,148
EIGEN DEVELOPMENT LTD 506,178
EISENKREIN SERVICES LTD 40,714
EKAM AUTO COLLISION CENTRE LTD 50,281
ELAN DATA MAKERS 41,830
ELC TOWING DISPATCH SOLUTIONS 618,530
ELECTRA HEALTH INC 1,404,360
ELEVATION REHAB INC 128,081
ELITE BODY SHOP LTD 3,213,366
ELITE HEALTH AND WELLNESS LTD 156,462
ELITE PHYSICAL THERAPY AND REHAB CENTRE 205,454
ELITE PHYSIOTHERAPY (D ABENANTE PT) 39,614
ELITE RV ROOF AND COLLISION 29,547
ELITE XPRESS COLLISION SERVICES 3,453,860
ELK VALLEY GLASS LTD 223,866
ELLIOTT BAUER FINANCIAL LTD 50,185
ELLIOTT T D DR INC 128,520
ELLIS CREEK AUTOBODY 287,576
ELSERI YAFA DR LTD 246,549
ELU WELLNESS LTD 118,128
ELYSIAN HEALTH TECHNOLOGIES LTD 178,116
EMBARCADERO TECHNOLOGIES INC 26,293
EMBER CANADA INC 150,593
SUPPLIER NAME AMOUNTS
EMPATHY CLAIMS 29,904
EMPOWER PHYSIOTHERAPY (MAEDEL PHYSIO) 135,701
ENCORE TOWING & SERVICE 132,554
ENDERBY AUTO BODY LTD 774,715
ENIGMA GROUP INC (THE) 30,509
ENNS NAOMI 29,280
ENTEGRAL HOLDINGS LLC 102,081
ENTERPRISE RENT A CAR CANADA COMPANY 41,785,980
ENTRUST LIMITED 39,564
ENVIROMETAL TOWING LTD 69,306
ENVISION EYE HEALTH CLINIC 29,843
ENVISION PHYSIOTHERAPY 77,717
EPA ENTERPRISE PROTECTION ASSOCIATES LTD 31,776
EPIC INVESTMENT SERVICES BC INC 39,957
EPOCH INTEGRATED HEALTH INC 87,514
EQUILIBRIUM MASSAGE THERAPY INC 139,098
EQUILIBRIUM THERAPEUTICS EAGLE CREEK LTD 170,941
EQUILIBRIUM THERAPEUTICS INC 294,110
EQUITE ASSOCIATION 93,960
ERGO REHABILITATION INC 42,051
ERNST & YOUNG LLP 4,376,232
ES AUTO SALES LTD 104,431
ESIT ADVANCED SOLUTIONS INC 3,737,603
ESPOSITO MASSAGE 49,720
ESSENTIAL AUTO COLLISION LTD 378,809
ESSENTIAL CHIROPRACTIC CORP 215,777
ESSEX COLLISION SERVICES LTD 3,102,520
ESSEX INSURANCE AGENCY (1ST AVE) INC 412,541
EURO-CAN BUILDING SERVICES LTD 87,932
EUROSPEC AUTOBODY (2001) LTD 561,238
EVANS HD 38,562
EVANS STEPHANIE 27,380
EVEREST REINSURANCE COMPANY (CANADIAN) 2,624,481
EVERGREEN CHIROPRACTIC INC (COQUITLAM) 1,789,335
EVERGREEN CHIROPRACTIC INC (SURREY) 785,955
EVERGREEN CHIROPRACTIC LANGLEY INC 765,915
EVERGREEN NATURAL MEDICINE CLINIC INC 110,098
EVERGREEN NURSING SERVICES LTD 488,068
EVERGREEN SPORTS AND PHYSICAL THERAPY 30,904
EVERYBODY WELLNESS CLINIC INC 213,592
EVOKE WELLNESS CENTRE & MASSAGE THERAPY 133,377
EVOLUTION SPORT THERAPY INC 241,334
EVOLVE MOVEMENT CORP 87,237
EVOLVE NURTURING VITALITY 38,039
EVOLVE THERAPEUTIC MASSAGE INC 308,528
EVOSPORT KERRISDALE INC 110,006
EWING BROS 71,261
EXCEL AUTOBODY LTD 787,937
EXCELLENCE AUTO GLASS LTD 374,544
EXCEPTIONAL TOWING & RECOVERY LTD 235,758
EXHALE CENTRE (EX PHYSIOLOGY INC) 258,872
EXHALE CENTRE HOLISTIC HOUSE OF HEALING 37,355
EXPERT AUTO GLASS LTD 198,122
Statements and Schedules of Financial Information 2022/23
125
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
EXPERT COLLISION (2002) LTD 965,063
EXPERT PHYSIO (DARIN JAY COHEN PHYSIO) 571,580
EXPERT VOCATIONAL GROUP 142,375
EXPLICO ENGINEERING 30,439
EXPRESS LANE AUTOBODY LTD 1,789,210
EXPRESSIONS COUNSELLING LTD 147,318
EYELAB DOCTORS OF OPTOMETRY 41,064
EYFORD PARTNERS LLP 7,670,192
F & W TOWING LTD 77,898
F ADAMS & ASSOCIATES INSURANCE SERVICES 828,859
F F R GLASS SERVICE LTD 617,797
F KARA HOLDINGS LOWER LTD 32,029
FABRIS MCIVER HORNQUIST & RADCLIFFE 619,187
FACTORY FINISH COLLISION CENTER LP 30,570
FADDEN HELEN DC 28,620
FAIRLANE COLLISION REPAIRS LTD 1,117,341
FAIRWARE PROMOTIONAL PRODUCTS LTD 101,571
FAIRWEATHER COLLISION LTD 28,016
FAIRWEATHER DAVID R DR INC 72,494
FALCON BEACH AUTO 113,163
FALCON EQUIPMENT LTD 96,975
FALL LINE FITNESS (DANIELLE ROBSON) 30,755
FALSE CREEK COLLISION (FC COLLISION LTD) 1,340,351
FAMILY CHOICE CHIROPRACTIC 49,183
FAMILY GLASS LTD 1,245,567
FANG GUINU 73,425
FARBROOK AUTO WRECKING (1979) LTD 71,509
FARIZHENDI PHYSIOTHERAPY CORP 261,062
FASKEN MARTINEAU DUMOULIN LLP 2,019,329
FAST AUTO GLASS SURREY LTD 914,546
FAST TRACK INVESTIGATIONS LTD 655,016
FASTPLOW CONSTRUCTION INC 73,364
FASTRACK AUTOBODY LTD 2,015,558
FASTRACK GLASS LTD (MAPLE RIDGE) 101,127
FASTRACK GLASS LTD (MISSION) 313,355
FAWCETT INSURANCE AGENCY LTD 313,848
FEDERAL EXPRESS CANADA LTD 58,424
FENDER’S AUTO BODY & PAINT LTD 157,486
FENG LI NATURAL HEALING LTD 150,140
FENG YUN 78,391
FERNIE PHYSIOTHERAPY 32,511
FERNY’S AUTO BODY SHOP LTD 1,373,929
FERRARI MASERATI OF VANCOUVER 63,987
FERREIRA COLLISION CENTRES LTD (S C) 866,565
FERREIRA COLLISION CENTRES LTD (VANC) 2,218,517
FEY CONSULTING LLC 46,307
FH&P LAWYERS LLP 2,360,341
FHC REACTIVE INJURY MANAGEMENT LTD 1,034,764
FIB R FX 25,677
FIJI ISLAND AUTO REPAIRS LTD. 854,332
FILIPETTI BRITTANY DR CHIROPRACTIC INC 184,466
FINNING CANADA 124,855
FIRST CHOICE COLLISION 56,180
SUPPLIER NAME AMOUNTS
FIRST CHOICE TOWING (2007) LTD 249,510
FIRST CLASS AUTO BODY LTD 952,000
FIRST RESPONSE GLASS LTD 353,006
FIRST TRUCK CENTRE (EDMONTON) 80,945
FIRST TRUCK CENTRE BC NORTH INC 35,155
FIRST TRUCK CENTRE VANCOUVER INC 3,948,503
FIRST TRUCK COLLISION CENTRE LTD 717,369
FIRST WESTERN INSURANCE SERVICES INC 354,896
FISKCO HEALTH AND PERFORMANCE INC 72,437
FIT BODY ATHLETICS & REHABILITATION INC 349,275
FIT NATION FITNESS INC 202,311
FIT TO TRAIN HUMAN PERFORMANCE SYSTEMS 67,620
FIX AUTO ABBOTSFORD EAST (H & R COLL) 5,091,525
FIX AUTO ABBOTSFORD WEST (RENASCENT AUTO)
2,443,259
FIX AUTO BURNABY SOUTH (BC AUTOBODY) 1,742,955
FIX AUTO CANADA INC 1,799,199
FIX AUTO CHILLIWACK (RENASCENT COLLISION) 3,020,717
FIX AUTO KAMLOOPS (KAMLOOPS FORD LINCOLN)
3,026,230
FIX AUTO KELOWNA (D2 AUTO BODY KELOWNA) 1,008,202
FIX AUTO MILLSTREAM (AUDY AUTOBODY INC) 2,241,932
FIX AUTO PITT MEADOWS (EXTREME AUTOBODY) 1,879,790
FIX AUTO PORT MOODY (0923986 BC LTD) 1,318,627
FIX AUTO POWELL RIVER (AQUA STAR HLDGS) 970,260
FIX AUTO QUESNEL (PETE RENYARD AUTO BODY) 3,049,438
FIX AUTO VANCOUVER EAST (0982774 BC LTD) 864,935
FIX AUTO VERNON CENTRAL (STAR AUTOBODY) 2,649,214
FIX AUTO WEST SHORE (AUDY AUTOBODY INC) 2,089,795
FIX HEALTHCARE LTD (VICTORIA-JOHNSON ST) 167,578
FIX HEALTHCARE LTD (VICTORIA-JUTLAND RD) 108,746
FIXMAN AUTO GLASS REPAIR LTD 882,421
FLEET BRAKE 57,875
FLEET WORKS 65,092
FLEETWOOD CHIROPRACTIC (AFFINITY CHIRO) 85,191
FLOW SPEECH AND COMMUNICATION 35,489
FLOYD’S TRUCK CENTER 48,482
FOCUS PHYSIOTHERAPY AND WELLNESS INC 165,338
FOCUS REHABILITATION AND CONSULTING INC 141,746
FOOTBRIDGE CENTRE FOR INTEGRATED ORTHO 116,869
FOOTBRIDGE PHYSIOTHERAPY 45,847
FOR THE ONE YOU LOVE 36,349
FORBES JENNIFER DR CHIROPRACTIC INC 68,306
FOREMAN AUTOMOTIVE SERVICES LTD 28,820
FORENSIC DYNAMICS INC 220,898
FOREST GATE CONSTRUCTION & MAINTENANCE 74,277
FORGE INTEGRATED HEALTH INC 751,810
FORM HEALTH CLINIC 2015 INC 59,267
FOROUZ SADEGHI PHYSICAL HEALTH CORP 32,732
FORRESTER RESEARCH LIMITED 66,000
FORT FABRICATION & WELDING LTD 122,060
FORT GARRY INDUSTRIES (WINNIPEG) 64,879
FORT MCMURRAY AUTOBODY 38,518
FORT MOTORS LTD 109,087
FORT NELSON AUTOBODY (1999) 218,816
Insurance Corporation of British Columbia
126
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
FORT SPORT AND FAMILY PHYSIO 167,084
FORT ST JOHN PHYSIOTHERAPY CLINIC 89,261
FORTE SPORTS & ORTHOPAEDIC PHYSIOTHERAPY 153,207
FORTISBC 671,158
FORWARD CARE MEDICAL CLINIC 32,764
FORWARD REHABILITATION 39,046
FOUL BAY PHYSIOTHERAPY 86,147
FOUNDATION BODY LAB INC 107,970
FOUNDATION CHIROPRACTIC INC 178,466
FOUNDATION NV CHRYSLER DODGE JEEP RAM 32,199
FOWLER AUTO & LIGHT TRUCK LTD 40,383
FOX FLIGHT INC 46,800
FRAN GOLDBERG 36,545
FRASER CANYON GLASS LTD 247,828
FRASER CHIROPRACTIC GROUP AND MASSAGE 70,214
FRASER FAMILY CHIROPRACTIC 55,528
FRASER HEALTH AUTHORITY 455,944
FRASER RIVER PAINT & BODY LTD 3,055,631
FRASER VALLEY AQUATIC REHABILITATION 59,172
FRASER VALLEY AUTO GLASS & DETAILING LTD 252,067
FRASER VALLEY CRANE TRAINING 39,690
FRASER VALLEY FIRE PROTECTION LTD 38,063
FRASER VALLEY HEALTH AND WELLNESS CENTRE 42,172
FRASER VALLEY PROSTHETICS LTD 51,606
FRASER’S TOWING AND RECOVERY 36,245
FRASERLIFE WILLOWBROOK PHYSIO & REHAB INC 373,031
FRASERVIEW COLLISION REPAIR LTD 1,701,043
FRASERWAY RV GP LTD (ABBOTSFORD) 148,413
FRASERWAY RV GP LTD (KAMLOOPS) 60,082
FRASERWAY RV GP LTD (PRINCE GEORGE) 83,695
FRASERWEST LAW GROUP LLP 227,234
FRED GOWER AUTOBODY & PAINT 1,646,934
FRED’S AUTOMOTIVE LTD 25,764
FREE MOTION CHIROPRACTIC & WELLNESS CORP 41,807
FREEDOM PHYSIOTHERAPY 75,718
FREEWAY MAZDA (FREEWAY IMPORTS LTD) 191,328
FREIGHTLINER NORTHWEST 97,253
FREIGHTLINER OF CRANBROOK LTD 167,846
FRENCH CREEK PHYSIOTHERAPY CORP 38,581
FRENCH KRISTA 29,972
FRESH TRACKS PHYSIOTHERAPY 68,599
FRESNO TRUCK CENTER 29,770
FRIESEN KENT (NORTHERN OT SERVICES) 60,518
FSG - FOCUS SOLUTIONS GROUP INC 74,588
FSJ GLASS HOUSE 1998 LTD 90,364
FULCRUM THERAPY LTD 77,011
FULL THROTTLE ENTERPRISES BC LTD 194,833
FUNCTION FIRST OT AND REHAB SERVICES 32,879
FUNCTION FOCUS 32,431
FUNCTIONABILITY REHABILITATION SERVICES 1,152,659
FUSION PHYSIO (HINLOPEN PHYSIO CORP) 363,833
G & A AUTOBODY REPAIRS LTD 179,059
G DUNCAN AUTO BODY LIMITED 1,116,911
SUPPLIER NAME AMOUNTS
G&G AUTO BODY REPAIR & SALES LTD 1,068,999
GAGE BRADLEY W DR CHIROPRACTIC CORP 33,648
GAGE COLIN DR 39,346
GAGNON ANDREW THOMAS 25,723
GAGNON MICHAEL A DR CHIROPRACTIC SERVICES
47,920
GAIN COLLISION 35,181
GALAXY RV SALES AND SERVICE 51,050
GALLAGHER VOCATIONAL SERVICES LTD 43,588
GAME DAY PHYSIOTHERAPY (M YAMALI P T) 39,021
GAO JIANYING 40,073
GARDAWORLD CASH SERVICES CANADA CORP 190,888
GARLINGTON LOHN AND ROBINSON 87,872
GARRICK AUTOMOTIVE LTD 81,954
GARRISON INSURANCE SERVICES INC 213,097
GARTNER CANADA CO 243,915
GARY’S TOWING EQUIPMENT XPRESS 66,680
GARYS WESTSIDE TOWING LLC 41,377
GASPARIN MORRIS DR 53,869
GATEWAY GLASS LTD 64,676
GATEWAY HEALTH AND WELLNESS CENTRE 59,010
GATEWAY TOWING AND RECOVERY INC 33,956
GATEWAY TRAILER REPAIRS LTD 76,094
GATOR AUTO GLASS 145,516
GAUTAM & ASSOCIATES LAW CORPORATION 2,289,756
GAYA CANADA ENTERPRISE LIMITED 28,251
GB GLASS EXPRESS 486,073
GBG INSURANCE SERVICES LTD 304,877
GBM TRAILER SERVICE LTD 123,561
GD ASSESSMENTS INC 539,705
GEE TANYA 41,270
GEMINI ADJUSTERS LTD 216,126
GEMM DIESEL LTD 28,143
GEO H HEWITT CO LTD (THE) 48,980
GEOMETRY INTEGRATED HEALTH LTD 180,949
GEORGE WASHINGTON TOWING 29,645
GEORGE’S BODY SHOP LTD 975,048
GEORGIA STRAIGHT COLLISION LTD 1,184,708
GEORGIA STRAIGHT TOWING AND RECOVERY 209,519
GEORGIAVIEW HEALTH AND WELLNES 31,013
GERMAINE CHIROPRACTIC CORP 68,416
GERTZ GORDON DR CHIROPRACTIC CORP 100,070
GET WELL PHYSIO & SPORTS INJURY (ABBOTS) 232,634
GET WELL PHYSIOTHERAPY (SURREY) 385,382
GET-AWAY RV CENTRE LTD 154,064
GHD CONTRACTORS LTD 238,193
GIBSON TARYN 34,233
GIBSONS WAY AUTO REPAIR INC 30,602
GIESBRECHT RONALD 30,504
GILBOY’S TOWING (GTR INC) 36,930
GILL MANDEEP SINGH 36,025
GILLESPIE & COMPANY LLP 2,622,345
GILMAY RV (GILMAY ENTERPRISES LTD) 112,818
GILMORE DOCULINK (DOCU LINK INT’L INC) 489,510
Statements and Schedules of Financial Information 2022/23
127
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
GISCOME CONTRACTING LIMITED 42,617
GLACIER GLASS PG LTD 410,509
GLACIER MOBILE GLASS LTD 788,160
GLACIER TOYOTA (BULKLEY AUTOMOTIVE LTD) 100,102
GLACIER VIEW GLASS LTD 349,449
GLASS DOCTOR OF SUNSHINE COAST 273,946
GLASSCO AUTO & WINDOW LTD 986,489
GLASSWORKS REFINISHING AND AUTOBODY 155,518
GLEE HEALTHCARE INC 31,313
GLENDA HART PHYSICAL THERAPY 27,754
GLENMORE CHIROPRACTIC INC 30,900
GLENMORE MEDICAL CLINIC LTD 33,722
GLENN MOUNTAIN ORTHOPAEDIC & SPORTS PHYSI
210,506
GLENN’S RV INC 246,723
GLOBAL INSURANCE AGENCY (2007) LTD 254,566
GLOBAL INSURANCE AGENCY (2008) LTD 379,910
GLOBAL INSURANCE AGENCY LTD 185,017
GLOBAL KNOWLEDGE NETWORK CANADA INC 29,026
GLOBAL ROADWAY MAINTENANCE INC 95,371
GLOBALSCAPE 79,078
GLOVER ROAD CHIROPRACTIC AND MASSAGE 62,008
GMR ADVANCED AUTOWORKS (ROB’S AUTO CARE)
1,324,165
GN INSURANCE AGENCY LTD 855,612
GNK INSURANCE SERVICES INC DBA WAYPOINT 376,005
GO AUTO SURREY CHRYSLER DODGE JEEP RAM 2,438,317
GO LANGLEY MITSUBISHI 234,207
GO NORTH SURREY CHEVROLET BUICK GMC 738,734
GO PHYSIOTHERAPY SPORTS & WELLNESS 59,319
GO PRO SHINE AUTOBODY LTD 194,540
GOAL DIRECTED OCCUPATIONAL THERAPY INC 264,361
GODOY & VERVERGAERT INSURANCE ONLY INC 425,840
GODOY’S INSURANCE ONLY (LANGLEY) INC 409,691
GODOY’S INSURANCE ONLY INC 239,967
GOLD KEY COLLISION CENTRE 2,316,772
GOLD KEY INSURANCE SERVICES LTD 2,503,037
GOLD MEDAL HEALTH CENTER (RICHMOND) 185,029
GOLD MEDAL HEALTH CENTER (SURREY) 312,308
GOLDEN EARS INSURANCE SERVICES LTD 3,083,787
GOLDEN ELEMENT THERAPEUTICS AND WELLNESS
32,641
GOLDEN HEART INTEGRATED HEALTH INC 183,470
GOLDEN SHIELD ADJUSTERS LTD 351,050
GOLDLEAF INSURANCE SERVICES INC 423,889
GOLDMINE INSURANCE SERVICES (ABBOTSFORD) 966,368
GOLDMINE INSURANCE SERVICES LTD 1,174,739
GOMES KEVIN (NEW LEAF PSYCHOLOGICAL) 31,023
GORDON & REES LLP 434,953
GOTCARE (A2B DIRECTCARE INC) 85,066
GOVERNMENT AGENT - ATLIN 52,047
GOVERNMENT AGENT - BELLA COOLA 126,845
GOVERNMENT AGENT - DEASE LAKE 78,743
GOVERNMENT AGENT - STEWART 49,381
GOVERNMENT OF ALBERTA 117,468
GOWLING WLG CANADA LLP 258,707
SUPPLIER NAME AMOUNTS
GRACE PHYSIOTHERAPY 157,372
GRAMPA’S RV LTD 235,924
GRAND FORKS GLASS LTD 254,200
GRAND FORKS PHYSIO & ACTIVE WELLNESS 85,302
GRAND PERFORMANCE AUTO CENTRE INC 1,705,961
GRANDCITY AUTOBODY (RICHMOND) LTD 4,396,367
GRANDCITY AUTOBODY LTD 4,417,501
GRANDE REHABILITATION CENTRE 42,437
GRANICUS CANADA HOLDINGS ULC 42,446
GRANT KOVACS NORELL 7,419,075
GRANTON MOTORS LTD 52,339
GRANVILLE TOYOTA (FRASER ST) 41,174
GRANVILLE TOYOTA (41ST AVE) 30,761
GRASS CREEK VENTURES 119,410
GRAY MIKE 32,507
GREAT WEST EQUIPMENT 44,211
GREATWEST KENWORTH LTD 124,964
GREEN LEAF ACUPUNCTURE & HERB CLINIC LTD 107,773
GREENHILL TURNER PARTNERS INC 73,437
GREENLEAF INVESTMENTS LTD DBA C&N INSUR 1,598,311
GREGSON CHIROPRACTIC INC 111,152
GREWAL HARSIMAR 54,874
GRIFFITH BROS SERVICE CENTRE LTD 31,475
GROUNDWORKS ATHLETICS INC 73,748
GROWTH FINANCIAL CORP DBA HG INSURANCE 504,541
GROWTH FINANCIAL CORP DBA WHITLOCK INS 244,244
GROWTH FINANCIAL DBA CRESTON VALLEY INS 712,874
GROWTH FINANCIAL DBA KELOWNA VALLEY INS 632,156
GSOFT TECHNOLOGIES INC 26,135
GUAN ZHEN 27,418
GUARD STEVEN LANCE 29,676
GUIDANCE ENGINEERING AND APPLIED RESEARCH
49,768
GUIDEWIRE SOFTWARE INC 6,740,957
GUILD YULE LLP 300,269
GUILDFORD CAB (1993) LTD 101,964
GUILDFORD PHYSIOTHERAPY & SPORTS CLINIC 992,015
GUILLEVIN INTERNATIONAL CO 38,162
GUISACHAN PHYSIOTHERAPY & SPORTS INJURY 61,898
GULATI HARMAN 56,785
GULF ISLANDS INSURANCE AGENCIES LTD 146,658
GUO JIA PING 38,752
GUO YUGUANG 39,107
GUPTA SHAHNAZ 237,394
GURKIRAT MASSAGE THERAPY INC 57,393
GUSTAFSONS AUTO SERVICE LTD 1,103,406
GYROSCOPE COLLISION SERVICES 67,953
H & L GLASS (2022) LTD 117,704
H A MECHANICAL & WELDING LTD 29,933
H P MENTAL HEALTH COUNSELLING 29,949
HABASH SALAH 84,689
HABITAT HEALTH 100,173
HABITAT INSURANCE AGENCIES LTD 145,270
HAFIZI BOBAK DR CHIROPRACTIC INC 42,846
Insurance Corporation of British Columbia
128
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
HAGER ORTHOPAEDICS LTD 27,404
HAIGHT BROWN & BONESTEEL LLP 1,254,590
HALCO GLASS LTD 1,084,401
HALCYON WELLNESS (MSR MASSAGE THERAPY) 43,375
HALEY SC CHRYSLER DODGE JEEP RAM 69,069
HAMILTON DUNCAN LAW CORPORATION 6,235,526
HAMMER COLLISION & GLASS 1,530,315
HAN HYUNG CHUL 68,420
HAN SEONG SOO 25,991
HANEY PHYSIOTHERAPY 93,697
HANIN INSURANCE SERVICES INC 536,056
HANKS WELDING AND REPAIRS 28,255
HANNOVER RUCK SE (CANADIAN BRANCH) 2,064,647
HANSER’S ENVIRONMENTAL AND REMEDIATION 108,642
HANSER’S WRECKER CO 38,073
HANSSON ANN DR INC 92,851
HAPPY AGING HOME CARE LTD 75,642
HAPPY CAMPERS RV SERVICE (HC RV SERVICE) 33,898
HAPPY LIFE HEALTH CENTRE 29,292
HARBORD INSURANCE SERVICES LTD 2,080,493
HARBORVIEW MEDICAL CENTER 29,893
HARBOUR INSURANCE AGENCIES LTD 146,539
HARBOUR INTERNATIONAL TRUCKS LTD 49,569
HARBOUR-VIEW COLLISION LTD 1,743,923
HARBOURVIEW AUTOHAUS LTD 67,627
HARBOURVIEW REHABILITATION 94,792
HARE JASON (PURE CHIROPRACTIC) 36,780
HARLEY DAVIDSON OF CHILLIWACK 257,907
HARMONY CHIROPRACTIC AND WELLNESS CLINIC
90,492
HARMONY HEALTH CARE LTD 64,766
HARNEY DISTRICT HOSPITAL 31,206
HARPER GREY LLP 1,462,810
HARRIS & BRUN LAW CORPORATION 8,221,691
HARRIS & LEIB INSURANCE BROKERS LTD 484,754
HARRIS AND COMPANY 394,258
HARRIS INSURANCE SERVICES (RICHMOND) LTD 510,025
HARRIS INSURANCE SERVICES (VANCOUVER) LTD 289,589
HARRIS KIA 41,194
HARRIS VICTORIA CHRYSLER DODGE JEEP RAM 84,798
HARTSHORNE & MEHL 7,167,463
HARTWELL THERAPY & WELLNESS INC 233,156
HARTWELL THERAPY & WELLNESS SW MARINE INC
291,895
HARTWELL THERAPY & WELLNESS VICTORIA INC 174,062
HASEGAWA TOSHIHIKO 36,669
HASSAN HARON AL 31,333
HATTER THOMPSON SHUMKA & MCDONAGH 2,395,087
HAYER HEALTH AND PHYSIOTHERAPY INC 120,671
HAYMACK AUTO GLASS (BURNABY) 364,484
HAYMACK AUTO GLASS (LANGLEY) 551,887
HAYMACK AUTO GLASS & UPHOLSTERY LTD 828,484
HD HOME CARE LIMITED 396,399
HEAL YOUR SELF MASSAGE THERAPY & WELLNESS
46,383
HEALING SPACES MENTAL HEALTH SERVICES INC 36,045
SUPPLIER NAME AMOUNTS
HEALINGPRO THERAPEUTICS 115,132
HEALTH CRAFT CLINIC CORP 92,747
HEALTH ONE PHYSIO & HAND CLINIC (MISSION) 452,057
HEALTH ONE PHYSIO & HAND CLINIC (SURREY) 246,713
HEALTHLAND CLINIC LTD (NEW WESTMINSTER) 30,212
HEALTHLAND CLINIC LTD (SURREY) 97,460
HEALTHVUE MEDICAL CLINIC 53,874
HEALTHX PHYSICAL THERAPY 373,876
HEALTH4YU WELLNESS CORP 67,787
HEATH LAW LLP 1,646,808
HEMLOCK HARLING DISTRIBUTION INC 495,552
HEMMERLING & ASSOCIATES LAW OFFICE 2,008,359
HENDRY SWINTON MCKENZIE INSURANCE SERVICE
248,851
HENKE KEVIN DR 31,165
HERALD STREET HEALTH 26,648
HERBERS AUTOBODY REPAIR INC 50,503
HERITAGE OFFICE FURNISHINGS LTD 1,105,510
HERO HOME CARE (NORTH SHORE HOME CARE) 107,727
HERTZ CANADA LIMITED 1,533,789
HETTIE DE BEER, OT 45,880
HEWITT ASSOCIATES PARTNERSHIP 249,061
HEWLETT PACKARD ENTERPRISE CANADA CO 475,980
HI-LIGHT AUTOBODY 2003 LTD 1,770,459
HICKS PACIFIC CENTRE INSURANCE SERVICES 172,930
HIDDEN TREASURE RESTORATION COURTENAY LTD
238,112
HIGH CALIBER AUTO COLLISION & REPAIR LTD 2,036,257
HIGH CLASS AUTOBODY AND PAINT LTD 917,180
HIGH IMPACT LAB INC 315,901
HIGH ROAD VANCOUVER 31,152
HIGHROADS MEDICAL CLINICS 82,173
HIGHWAY THREE SOLUTIONS 2013 LTD 83,366
HILLCREST PHYSIOTHERAPY 521,748
HILLTOP AUTO BODY (KOSMINO HOLDINGS LTD) 434,285
HILLTOP AUTO GLASS (KOSMINO HOLDINGS LTD) 129,872
HILLTOP MEDICAL CLINIC 62,879
HILLTOP TOYOTA (KAIZEN HOLDINGS LTD) 137,060
HILTOP BODY SHOP LTD 1,102,746
HINO CENTRAL FRASER VALLEY 97,364
HIPPOCRATES MEDICAL ASSESSMENTS 118,906
HIRA ROWAN LLP 216,748
HIRSCH GABRIEL DR 82,302
HISAR TOWING INC 35,400
HITACHI SYSTEMS SECURITY INC 241,315
HKG HOLDINGS INC DBA SUSSEX INSURANCE 809,596
HME MOBILITY AND ACCESSIBILITY (RICHMOND) 327,320
HME MOBILITY AND ACCESSIBILITY (SURREY) 26,791
HME MOBILITY AND ACCESSIBILITY (VICTORIA) 39,141
HNC ALLIANCE HOLDINGS INC DBA SUSSEX INS 400,539
HODGSON ORTHOPEDIC GROUP 84,965
HODONG KWON 38,886
HOEPPNER JORDAN COLE 41,230
HOGIES TOWING 35,720
HOLACO CONSTRUCTION (1997) LTD 391,004
Statements and Schedules of Financial Information 2022/23
129
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
HOLDOM CHIROPRACTIC AND WELLNESS CENTRE
147,359
HOLLEY JODIE 33,261
HOLLYBURN PHYSIOTHERAPY 37,495
HOLM’S MECHANICAL LTD 81,455
HOLMES STEWART VON ANTAL 1,702,709
HOLT WOODS AND SCISCIANI LLP 285,061
HOME INSTEAD PORT COQUITLAM 38,753
HOME INSTEAD SENIOR CARE BURNABY 110,593
HOME IS BEST CAREGIVER SERVICE LTD 25,003
HOMESTEAD INSURANCE AGENCIES LTD 252,449
HONDA WAY (THE) 32,892
HONEY AND GARLIC HEALTH STUDIO INC 187,179
HONOUR TOP CLEANING SERVICES LTD 131,922
HOOTSUITE INC 78,286
HOPE AUTO BODY LTD 1,067,795
HOPE TAXI 43,486
HOPE TOWING LTD 192,963
HORIZANT INC 145,714
HORIZON AUTOBODY COLLISION LTD 1,083,109
HORIZON WEST INSURANCE SERVICES LTD 315,296
HORIZON WEST INSURANCE SERVICES VANCOUVER
93,638
HORNBY EQUIPMENT 62,000
HOSKINS FORD SALES LTD 239,204
HOTHI SANGHERA PHYSIOTHERAPIST CORP 334,875
HOULE ELECTRIC LIMITED 974,129
HSJ LAWYERS LLP 1,694,626
HSU YIN JEN 71,782
HUANG HAI XIN (PREEMINENT WELLNESS) 39,635
HUANG QING LIN 112,225
HUANG TING SHUN 25,458
HUB CITY MOTORS & EQUIPMENT LTD 132,604
HUB FIRE ENGINES & EQUIPMENT LTD 46,676
HUB INTERNATIONAL (BRENTWOOD) LTD 698,581
HUB INTERNATIONAL (RICHMOND AUTO MALL) 3,707,360
HUB INTERNATIONAL CANADA WEST ULC 4,245,762
HUB INTERNATIONAL INSURANCE BROKERS 42,204,016
HUB INTERNATIONAL INSURANCE BROKERS (HCW)
559,296
HUBER BANNISTER COLLISION CENTRE 675,041
HUGHES LAURA JANE 27,267
HUMHEJ DEANNA 97,100
HUNDZA MICHAEL WAYNE 46,446
HUTCH’S RV SERVICE LTD 26,133
HYDE PARK INSURANCE AGENCIES LTD 1,056,377
IANSON KEVIN EDWARD 27,707
IBARRA MARIO LUIS 89,398
IBM CANADA LTD 9,533,422
IC FINANCIAL CORP DBA INSUREBC PARKSVILLE 37,610
IC FINANCIAL CORP DBA INSUREBC SURREY 86,701
IC FINANCIAL CORP DBA INSUREBC VICTORIA 178,158
ICARE HEALTH AND WELLNESS INC 192,079
ICARE INSURANCE BROKERS LTD 1,114,811
ICON LAW GROUP 1,313,041
IGNISOC ORIGIN AND CAUSE INVESTIGATIONS 205,503
SUPPLIER NAME AMOUNTS
IMA SOLUTIONS INC 5,873,722
IMC IMPERIAL MEDICAL CLINIC 46,323
IMC MOTORCYCLES LTD (VICTORIA) 46,748
IMIMOBILE CANADA INC 36,279
IMPACT AUTO AUCTIONS LTD 3,141,149
IMPACT HEALTH (MCB STRATEGIC) 31,847
IMPACT KINESIOLOGY AND SPORTS INJURY 78,419
IMPACT RECRUITMENT INC 35,619
IMPERIAL AUTOBODY (JKT AUTO BODY LTD) 1,468,017
IMPERIAL MOTORCYCLES LTD 33,443
IMPERIAL PARKING CANADA CORP 179,817
IMPERIAL SIGN CORPORATION 459,267
IMPULSE HEALTH AND WELLNESS 125,527
IMPULSE HEALTHCARE GROUP INC 136,839
IMPULSE SPORT THERAPEUTICS INC 216,662
IN INSURANCE AGENCY LIMITED 461,035
IN JOY LIFE CHIROPRACTOR AND LASER CARE 30,312
IN MOTION PHYSIO & WELLNESS MORGAN CREEK 57,570
IN MOTION PHYSIO & WELLNESS WHITE ROCK 156,960
IN TOUCH CHIROPRACTIC (AHREN J ROY CORP) 111,718
INBALANCE WELLNESS CARE LTD 30,383
INDEED CANADA CORP 112,623
INDIGO PARK CANADA INC 95,161
INDIGO PHARMACY 59,348
INDUSTRIAL ALLIANCE (EPIC INVESTMENT) 2,456,882
INFINITY HEALTH LLP 3,869,250
INFINITY INSURANCE SERVICES (SCOTTSDALE) 173,755
INFOCUS WELLNESS INC 25,894
INFORMATICA LLC 855,150
INLAND KENWORTH LTD (CRANBROOK) 131,842
INLAND KENWORTH LTD (LANGLEY) 3,410,872
INLAND KENWORTH LTD (PENTICTON) 81,869
INLAND KENWORTH LTD (PRINCE GEORGE) 1,832,194
INLAND KENWORTH LTD (QUESNEL) 27,764
INLAND KENWORTH LTD (VERNON)
48,650
INLAND PACIFIC TRAILER SALES 44,709
INLET WELLNESS GALLERY INC 43,377
INLINE HEALTH PROFESSIONALS INC 166,456
INNOVA THERAPY INC 69,499
INNOVATIVE FITNESS ABBOTSFORD 135,368
INNOVATIVE FITNESS WHITE ROCK 33,708
INS CLAIMS SERVICES LTD 1,568,618
INSIGHT DRIVING SOLUTIONS INC 39,447
INSIGHT OPTOMETRY & OCCUPATIONAL THERAPY 84,508
INSPINE THERAPY (COQUITLAM) 742,749
INSPINE THERAPY (PORT MOODY) 614,229
INSPIRE CHIROPRACTIC AND WELLNESS STUDIO 58,248
INSPIRED EYES CREATIVE WEAR 33,326
INSTA GLASS (ABBOTSFORD) 176,157
INSTA GLASS (CHILLIWACK) 1,195,177
INSTA GLASS (SECHELT) 310,565
INSURANCE BROKERS ASSOCIATION OF BC 28,424
INSURANCE BUREAU OF CANADA 260,779
Insurance Corporation of British Columbia
130
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
INSURANCE SERVICES DEPT OF LONDON DRUGS 6,508,734
INSUREBC (ABBOTSFORD) INSURANCE SERVICES 465,519
INSUREBC (ARBUTUS) INSURANCE SERVICES LTD 279,263
INSUREBC (DEEP COVE) INSURANCE SERVICES 221,815
INSUREBC (LANGLEY) INSURANCE SERVICES LTD 252,530
INSUREBC (LANSDOWNE) INSURANCE SERVICES 420,037
INSUREBC (LEE & PORTER) INSURANCE SERVICE 256,205
INSUREBC (MARPOLE) INSURANCE SERVICES LTD 155,247
INSUREBC (MEADOWTOWN) INSURANCE SERVICES 392,602
INSUREBC (MISSION) INSURANCE SERVICES LTD 151,656
INSUREBC (OLYMPIC VILLAGE) INS SERVICES 302,858
INSUREBC (QUEENSBOROUGH) INS SERVICES LTD 209,787
INSUREBC (SARDIS) INSURANCE SERVICES LTD 260,941
INSUREBC (SQUAMISH) INSURANCE SERVICES 826,445
INSUREBC (UNIVERSITY) INSURANCE SERVICES 305,503
INSUREBC (VANCOUVER DOWNTOWN) INS SERVICE 74,633
INSUREBC (WEST END) INSURANCE SERVICES 249,443
INSUREBC (WESTVIEW) INSURANCE SERVICES 280,190
INSUREBC (WILLOWBROOK) INSURANCE SERVICES 751,268
INSUREBC (YALETOWN) INSURANCE SERVICES 368,800
INSURELINE BROKERS INC 344,904
INSYNC PHYSIOTHERAPY BURNABY HEIGHTS 75,990
INSYNC PHYSIOTHERAPY VANCOUVER 64,305
INTECH ENGINEERING LTD 53,658
INTEGRA MEDICAL CONSULTING INC 2,901,973
INTEGRA PHYSIO (MULLER CIRILLO PHYSIO) 159,982
INTEGRAL HEALTH AND WELLNESS INC
28,048
INTEGRATED FUNCTIONAL HEALTH GROUP INC 492,386
INTEGRIS INSURANCE SERVICES LTD 1,173,735
INTERACTIVE COUNSELLING LTD 54,155
INTERACTIVE SPORTS CLINIC CORP 25,231
INTERCITY EQUITY CORP DBA CAULFEILD INS 400,826
INTERCITY EQUITY CORP DBA LEADERS INS 171,744
INTERCITY EQUITY CORP DBA PORT MOODY INS 454,111
INTERCONTINENTAL TRUCK BODY (BC) INC 67,213
INTERIOR HEALTH 486,925
INTERIOR HEAVY EQUIPMENT OPERATOR SCHOOL
25,550
INTERIOR HOMECARE SOLUTIONS (KAMLOOPS) 89,490
INTERIOR HOMECARE SOLUTIONS (VERNON) 156,719
INTERIOR MEDICAL TRANSPORT AMBULANCE 34,055
INTERIOR MOBILE GLASS INC 278,981
INTERIOR SAVINGS INSURANCE SERVICES INC 4,234,966
INTERIOR TRUCK & TRAILER SERVICE 39,488
INTERNATIONAL DENT KING 1,452,262
INTERNATIONAL MOTORCYCLE BROKERS (LANG) 34,647
INTERNATIONAL MOTORCYCLE BROKERS (VANC) 35,124
INTERNATIONAL WORD EXCHANGE LTD 125,154
INTRACOASTAL HEALTH AND WELLNESS CENTRE 86,721
INTREPID INVESTIGATIONS INC 459,712
INTUITIVE INDEPENDENCE REHAB SERVICES INC 1,047,791
INVERMERE GLASS LTD 183,318
INVERMERE PHYSIOTHERAPY CLINIC 53,277
INVESTIGATIVE TRAINING SERVICE LLC 33,508
SUPPLIER NAME AMOUNTS
IP AUTO SERVICES LTD 1,725,027
IP PHYSIOTHERAPIST CORP 30,067
IPROSPECT CANADA INC 1,561,101
IPSOS LP 1,779,046
IRISH ROBERT H RMT 25,896
IRON HORSE TOWING INC 26,681
IRON MOUNTAIN CANADA OPS ULC 416,482
IRON TREE COUNSELLING (CAMERON GRUNBAUM)
30,645
IRONWOOD INSURANCE AGENCIES LTD 934,041
IRWIN & BILLINGS 216,918
ISCOPE CONCUSSION AND PAIN CLINICS INC 5,846,675
ISHA SANGHA CLINICAL COUNSELLING INC 33,519
ISHERWOOD BODY & FENDER LTD 3,123,400
ISIDORE LANDSCAPES INC 52,419
ISLAND FORD (DFS MOTORS LTD) 83,913
ISLAND INSURANCE AGENCY LTD 1,234,812
ISLAND MEDIQUIP - COURTENAY 28,680
ISLAND MEDIQUIP - NANAIMO 34,872
ISLAND MEDIQUIP - VICTORIA 31,670
ISLAND OPTIMAL HEALTH AND PERFORMANCE INC
47,514
ISLAND PRO OCCUPATIONAL THERAPY INC 344,315
ISLAND THUNDER TOWING 62,421
ISLAND TRUCK & AUTO COLLISION LTD 1,937,044
ISLAND VISION THERAPY AND REHABILITATION 54,524
ITEX INC 347,205
ITF 2272807 ONTARIO LTD 29,541
ITI SOLUTIONS CANADA INC 235,956
IVAN’S AUTO BODY LTD 2,009,372
IVANHOE CAMBRIDGE II INC 434,743
IVES BURGER 118,852
IWAMOTO THERAPEUTIC MASSAGE CLINIC 45,482
J A ORIENTAL MEDICINE 2020 LTD 33,384
J ADAMS AUTOBODY LTD 120,264
J AND N BODY SHOP 96,592
J AND S THERAPEUTIC MASSAGE THERAPY CORP 178,547
J D TOWING INC 36,501
J F VISION AUTOGLASS BURNABY LTD 1,121,916
J F VISION AUTOGLASS LTD (RICHMOND) 931,071
J F VISION AUTOGLASS VANCOUVER LTD 487,210
J VON MEDICAL CLINIC 30,943
J&H ALEXANDER LTD 435,694
J&J HEALING CENTER 72,370
JACK C K YOUNG AND ASSOCIATES INC 63,642
JACK NATHAN FUNCTIONAL HEALTH 38,522
JACK W CHOW INSURANCE SERVICES LTD 180,403
JACK’S TOWING 2010 LTD 1,226,805
JACOBSON FORD SALES LTD 137,359
JAG MEDIATION CORPORATION 246,588
JAGDEEP DHALIWAL CHIROPRACTIC INC 88,326
JAGUAR LAND ROVER RICHMOND 37,963
JAGUAR LAND ROVER VICTORIA 32,735
JAKOBSZE JEREMY RMT 30,372
JAMES TRUCK AND TRAILER REPAIR LTD 37,709
Statements and Schedules of Financial Information 2022/23
131
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
JAMIE DAVIS TOWING & STORAGE LTD (GOLDEN) 287,048
JAMIE DAVIS TOWING & STORAGE LTD (HOPE) 647,062
JAN-PRO CLEANING SYSTEMS OF VANCOUVER 128,434
JAN-PRO VANCOUVER 31,305
JAN’S PRECISION AUTO BODY (MOGUL HLDGS) 6,083,729
JANE ACUPUNCTURE CLINIC 27,188
JANI KING OF NORTHERN BC 78,645
JANI KING OF SOUTHERN BC (GRYPHON ENT) 42,415
JANICE HANSEN MEDIATION SERVICES LTD 46,668
JANKE PAUL DR 254,830
JANMOHAMED AFSHIN DR 36,850
JANZEN INSURANCE BROKERS LTD 204,909
JASPER TOWING 99,296
JASSAL CHIROPRACTIC INC 77,528
JC PRO AUTO REPAIR LTD 370,412
JEEVA PHYSIO 29,362
JENKINS SARAH 52,406
JERICHO COUNSELLING 55,475
JERRY L WARD CHIROPRACTIC SERVICES LTD 34,273
JESSON MELODY DR 27,914
JH MOTORS INC 60,751
JIM PATTISON CHRYSLER JEEP DODGE NSHORE 2,187,080
JIM PATTISON HYUNDAI COQUITLAM 179,053
JIM PATTISON HYUNDAI SURREY 417,678
JIM PATTISON LEXUS NORTHSHORE 31,119
JIM PATTISON LEXUS VICTORIA 54,176
JIM PATTISON SUBARU VICTORIA 37,993
JIM PATTISON TOYOTA DUNCAN 49,106
JIM PATTISON TOYOTA NORTH VANCOUVER 34,209
JIM PATTISON TOYOTA SURREY 4,751,942
JIM PATTISON TOYOTA VICTORIA 63,808
JIMCO TOWING LTD 38,790
JINS MASSAGE THERAPY INC 32,551
JJ SPAPLUS FAMILY SPA LTD 37,213
JJB INSURANCE AGENCIES INC 585,472
JKM FINANCIAL CORP 297,550
JMI AGENCIES (LANGLEY) LTD DBA JOHNSTON 64,728
JOCK’S RESTORATION 28,202
JOE’S AUTOBODY REPAIR LTD 1,442,776
JOHN BARBER PROSTHETICS CLINIC INC 43,515
JOHN CAMPBELL’S TOWING 60,380
JOHN D WADDELL LAW CORPORATION 66,262
JOHN FLEMING AUTO INSURANCE AGENCY LTD 254,540
JOHN ROSS INSURANCE SERVICE LTD 177,299
JOHN’S THISTLE AUTO LTD 39,997
JOHNSON’S TOWING 64,140
JOHNSTON MEIER INSURANCE AGENCIES LTD 18,912,890
JOHNSTON MEIER INSURANCE BROKERS (1996) 305,032
JOINT EFFORT REHAB AND PERFORMANCE LTD 57,225
JOINT PHYSIO & SPORTS INJURY CENTRE (THE) 136,107
JOINTWORKS CHIROPRACTIC INC 85,460
JONES EMERY HARGREAVES SWAN 1,742,026
JONES KELSEY 31,950
SUPPLIER NAME AMOUNTS
JONKER HONDA (JONKER AUTO LTD) 42,155
JOSEPH DAWN 49,672
JOURNEYS RV REPAIR INC 63,183
JP TOWING SERVICE AND STORAGE LTD 51,705
JUAN KIM 58,479
JUBILEE RV CENTRE (JUBILEE ENTERPRISES) 33,682
JUILLET ORIENTAL MEDICAL CLINIC 145,226
JUNG CHUCK H DR INC 991,500
JUNG WOO SUK 37,325
JUST LIKE FAMILY HOME CARE (LGH HLDGS) 353,200
JUST LIKE FAMILY HOME CARE (VICTORIA) 99,180
JUSTICE INSTITUTE OF BC 38,432
K & S AUTO REPAIR 36,218
K TURNBULL AND COMPANY LTD 29,306
K-LINE TRAILERS LTD 336,393
KA ACTIVE REHAB RX LTD 111,114
KAINE LAW CORP 345,283
KAKAKHEL PHYSIOTHERAPIST CORP 852,342
KAL TIRE 29,337
KALAMALKA PHYSIOTHERAPY CLINIC 55,405
KALAWSKY COLLISION CENTRE LTD 1,527,966
KAMI CABS LTD 27,978
KAMI INSURANCE AGENCIES LTD 131,139
KAMLOOPS ACTIVE HEALTH 102,185
KAMLOOPS HONDA (BAYFIELD PLACE HLDGS LTD)
44,640
KAMLOOPS HYUNDAI 82,901
KAMLOOPS INSURANCE SERVICES INC 773,794
KAMLOOPS PHYSIOTHERAPY AND SPORTS INJURY 362,989
KAMLOOPS RAM (KAMLOOPS CHRYSLER DODGE) 54,512
KAMLOOPS VISION THERAPY OPTOMETRY 35,480
KANE SHANNON AND WEILER 6,629,295
KANES HARLEY DAVIDSON 32,096
KANG JINHO 31,607
KARP PERSONAL TRAINING (LIFEMARK HEALTH) 2,094,543
KASIAN ARCHITECTURE INTERIOR DESIGN 25,127
KASTELEIN STOUT INSURANCE AGENCIES INC 209,430
KAUSHAL PHYSIOTHERAPIST CORPORATION 411,709
KBL ENVIRONMENTAL LTD
35,083
KBM AUTOWORKS / LUMBY TOWING 65,784
KC REHAB INC 35,775
KDM WELDING & MANUFACTURING LTD 238,762
KDR CONSTRUCTION 66,768
KEEGZ SOUTH COUNTRY TOWING LTD 302,758
KELLERMAN TODD DR 27,575
KELLOGG’S SERVICE 34,429
KELLY BRIANA 29,569
KELOWNA AUTOBODY (DFC AUTO LTD) 2,754,648
KELOWNA BMW / MINI KELOWNA 112,136
KELOWNA CABS (1981) LTD 59,851
KELOWNA CHRYSLER DODGE LTD 903,309
KELOWNA GLASS (SUNKO HOLDINGS LTD) 1,124,955
KELOWNA HONDA POWERHOUSE 33,425
KELOWNA KIA 25,473
Insurance Corporation of British Columbia
132
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
KELOWNA MERCEDES-BENZ 43,406
KELOWNA NISSAN LTD 56,021
KELOWNA PHYSIOTHERAPY ASSOCIATES 29,981
KELOWNA PSYCHOLOGISTS GROUP 206,295
KELOWNA TOYOTA 81,309
KELOWNA TRUCK & RV LTD (KELOWNARVS.COM) 47,663
KELOWNA YAMAHA 32,882
KELVIN PHYSIOTHERAPY CLINIC 169,840
KEMP ROBERT 52,908
KEN HAUCK TOWING 36,199
KEN’S LANDSCAPING LTD 93,281
KENNEDY RUSSELL & CO (VANCOUVER) LTD 74,200
KENSINGTON INSURANCE SERVICES LTD 454,901
KENSINGTON MEDICAL CLINIC 62,696
KENZIE WELLNESS CENTRE 118,455
KERRISDALE KINESIOLOGY 84,537
KESHIKI GARDENING 43,003
KESHVARI HENGAMEH 33,666
KEY LEGAL GROUP LLC 36,991
KEY REHABILITATION SERVICES
39,189
KEY WEST FORD SALES LTD 64,786
KEYSTONE ENVIRONMENTAL LTD 121,899
KEYSTONE HEALTH (F J SPRIGINGS PT CORP) 62,256
KEYSTONE INSURANCE BROKERS LTD 882,410
KHALSA PHYSIOTHERAPY CLINIC 550,858
KHAN LIAQUAT DR INC 30,671
KIA WEST (WEST AUTO SALES) 126,170
KIDSTON AND COMPANY LLP 4,016,176
KIELY NAUSHINA 71,132
KILGANNON SEAN T DR INC 194,081
KILLARNEY THERAPEUTIC HEALTH INC 44,577
KIM DAEHAN 86,607
KIM JI YOUNG 26,464
KIM JOO JA 41,520
KIM KYUNG NAM 56,165
KIM YEONG RAN CHO 30,300
KIM’S KUSTOM AUTOBODY 1,444,102
KIN LAB ACTIVE REHAB SPECIALISTS INC 969,431
KINCOAST PHYSIOTHERAPY 122,544
KINECTIV SPORT AND HEALTH 544,914
KINEMATICS SPORTS MEDICINE AND REHAB INC 268,970
KINETIC ENERGY HEALTHCARE & WELLNESS CTR 209,509
KINETIC EVOLUTION LTD 132,630
KINETIX MEDICINE INC 107,423
KINEXIONS HEALTH INC 53,180
KING ALIGNMENT AND TRUCK REPAIRS LTD 29,306
KING INSURANCE SERVICES (2015) LTD 82,237
KINGSWAY HONDA (DESTINATIONA AUTO ENT) 114,761
KINGSWAY PHYSIOTHERAPY REHABILITATION CTR 138,138
KINHQ ACTIVE REHAB INC 31,013
KINITRO PHYSIOTHERAPY AND SPORTS CLINIC 66,990
KINNECT ACTIVE REHAB 31,546
KIRBY INSURANCE AGENCIES LTD 998,035
SUPPLIER NAME AMOUNTS
KIRKWOOD CAROLYN M-BLOOD ALCOHOL CONSULT
47,250
KIRMAC COLLISION & AUTOGLASS (COQUITLAM) 2,978,518
KIRMAC COLLISION & AUTOGLASS (EDMONDS) 1,975,658
KIRMAC COLLISION & AUTOGLASS (LANGLEY) 2,965,346
KIRMAC COLLISION & AUTOGLASS (MR-DEWDNEY)
1,923,701
KIRMAC COLLISION & AUTOGLASS (MR-227TH) 2,528,527
KIRMAC COLLISION & AUTOGLASS (NEW WEST) 1,981,411
KIRMAC COLLISION & AUTOGLASS (NEWTON) 4,216,559
KIRMAC COLLISION & AUTOGLASS (NORTH RICH) 2,941,572
KIRMAC COLLISION & AUTOGLASS (NORTH VANC)
2,340,140
KIRMAC COLLISION & AUTOGLASS (PORT COQ) 4,038,840
KIRMAC COLLISION & AUTOGLASS (RIDGE MEAD) 1,990,429
KIRMAC COLLISION & AUTOGLASS (ROYAL OAK) 1,396,134
KIRMAC COLLISION & AUTOGLASS (SCHOOLHOUS)
3,201,580
KIRMAC COLLISION & AUTOGLASS (SOUTH RICH) 2,033,694
KIRMAC COLLISION & AUTOGLASS (VANCOUVER) 3,679,700
KIRMAC COLLISION & AUTOGLASS (WALNUT GR) 3,763,589
KITIMAT INSURANCE SERVICES LTD 169,292
KITSILANO PHYSIOTHERAPY CLINIC 136,173
KITT EQUIPMENT LTD 124,737
KKBL NO 348 VENTURES LTD 782,567
KLASSEN BRENDON DR 104,118
KLIMKO INSURANCE BROKERS LTD 453,179
KLINEDINST PC 55,775
KMB AUTOBODY 255,088
KNIGHT EASTON & ASSOCIATES 119,058
KOASTAL THERAPY (KEANE MASSAGE THERAPIST) 39,477
KOCH B & Y INS SERVICES (CHILLIWACK) LTD 390,231
KOKANEE PHYSIO & SPORTS MEDICINE CLINIC 71,330
KOMAR TOWING (KOMAR ENTERPRISES LTD) 41,821
KOO GRACE 36,869
KOOL COUNTRY AUTO PARTS 39,560
KOOTENAY CAR CARE INC 1,365,996
KOOTENAY COLUMBIA HOME MEDICAL EQUIPMENT
133,552
KOOTENAY GLASS & MIRROR LTD 147,350
KOOTENAY HEALTH SERVICES INC 165,953
KOOTENAY INS SERVICES LTD DBA MCBAIN 552,610
KOOTENAY INSURANCE SERVICES LTD 1,704,277
KOOTENAY INTEGRATED (CASTLEGAR CHIRO) 104,231
KOOTENAY LAW CORPORATION 277,759
KOOTENAY THERAPY CENTER 33,570
KORN FERRY CANADA INC 191,792
KORNELSEN TAMARA DR 63,676
KORVA WORLD CLASS COLLISION LTD 2,611,414
KOZUBACK LARRY DR 39,742
KP’S AUTO AUT BODY SHOP (PKP ENTERPRISES) 1,310,749
KPMG LLP 579,507
KRA HEALTH SOLUTIONS 29,529
KRELL WELLNESS CENTRE (KRELL CHIRO LTD) 211,740
KRG INSURANCE BROKERS (WESTERN) INC 235,892
KROEKER TIM RMT - NICOLA VALLEY MASSAGE 41,813
KROSCHINSKY KEVIN 32,396
KRUGER NEURO-REHABILITATION INC 137,680
Statements and Schedules of Financial Information 2022/23
133
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
KRULL KEITH 52,620
KTOWN CUSTOM AUTO 47,556
KUEHNE REAL ESTATE CANADA LTD 377,073
KUMAR NEIL 38,942
KURTAKIS STELLA MELINA 41,993
KUSIC AND KUSIC LTD 1,015,894
KWAN MAN 32,402
KYLA KLEANING AND CONTRACTING LTD 67,699
L C U INSURANCE AGENCIES LTD 565,280
LAB HEALTH SERVICES LTD 150,130
LADNER AUTO BODY LTD 1,252,792
LADNER INSURANCE SERVICES INC 109,419
LADNER VILLAGE PHYSIOTHERAPY INC 205,055
LADYSMITH AUTO GLASS LTD 143,249
LAIRD WHEATON CHEVROLET BUICK GMC 2,034,081
LAKE CITY COLLISION CENTRE 1,393,845
LAKE CITY GLASS LTD 201,327
LAKE COWICHAN CHIROPRACTIC INC 25,191
LAKES WHYTE LLP 381,185
LAKESHORE PHYSIOTHERAPY 125,309
LAKESIDE HEALTH 75,750
LAKESIDE HEARING LTD (KELOWNA) 30,682
LAKESIDE HEARING LTD (LAKE COUNTRY) 32,366
LAKESIDE MEDICAL SUPPLIES 44,223
LAKESIDE PHYSIO & SPORTS INJURY CLINIC 77,844
LALACH BOBBI 26,269
LAM BRIAN OT 122,300
LAM LEGAL TRIAL LAWYERS 2,455,100
LAMBDA SOLUTIONS INC 203,623
LAMBERT LAW (WM RORY LAMBERT LAW CORP) 1,350,791
LAMBERTS TOWING AND RECOVERY 58,231
LAMBORGHINI VANCOUVER 31,209
LANCE CHONG & COMPANY LTD 82,484
LANDMARK INSURANCE SERVICES LTD 427,510
LANDMARK WELLNESS INC 68,443
LANGEDYK SHELDON LEE 45,304
LANGFAB FABRICATORS LTD 79,079
LANGLEY CHRYSLER LTD 84,322
LANGLEY FAMILY CHIROPRACTIC INC 36,732
LANGLEY FRASER REHABILITATION INC 64,612
LANGLEY HYUNDAI (LANGLEY MOTOR SPORT) 334,957
LANGLEY PAIN RELIEF ACUPUNCTURE 79,145
LANGLEY PHYSIOTHERAPIST CORPORATION 667,100
LANGLEY SPORTS & REHAB (IRVING CHIRO) 347,769
LANGLEY SPORTS MEDICINE CLINIC LTD 80,982
LANGLEY TOYOTA 55,010
LANSDOWNE PHYSIOTHERAPY CLINIC 122,969
LANTZVILLE WELLNESS CENTRE 70,223
LASERS EDGE TRUCK & TRAILER 65,125
LAUNCH REHAB INC 69,996
LAUNCH REHAB NORTH BURNABY (KRK WELLNESS)
499,600
LAVANCO BUILDING MAINTENANCE LTD 404,676
LAWN FATHERS’ LANDSCAPING 36,373
SUPPLIER NAME AMOUNTS
LAWNWOOD REG MED CENTER 62,649
LAWSON LUNDELL 167,258
LAZAR SUSAN FAYE DR INC 39,030
LE PAGE J DR 86,240
LE PAGE TONY DR 29,932
LE PHYSIQUE PERSONAL TRAINING 25,033
LEADING EDGE GLASS LTD 688,806
LEADING HEALTH PHYSIO AND SPORTS CLINIC 321,144
LEAH CHANG LEARNING INC 86,914
LEAVITT MACHINERY 39,819
LEE CHANGSOO 39,894
LEE CHIROPRACTIC CLINIC 31,744
LEE DAVID 29,697
LEE KYU MIN 54,755
LEE LYDIA 30,324
LEE MIN 36,343
LEE SUN 43,138
LEE TRINA ANNE 26,480
LEE YOUNG SIK 42,310
LEE YUN HEE 41,865
LEE’S AUTOPRIDE COLLISION LTD 3,431,402
LEE’S PHYSIOTHERAPY 412,273
LEECH JESSE TANNER 32,346
LEES ILCHIM ACUPUNCTURE CLINIC LTD 34,720
LEES MOVEMENT AND ARTS LTD 46,040
LEGACIES HEALTH CENTRE LTD (NORDEL WAY) 1,559,490
LEGACIES HEALTH CENTRE LTD (NORTH VANC) 173,820
LEGACIES HEALTH CENTRE LTD (SURREY) 794,987
LEGACY FORD 34,892
LEGEAR PELLING INSURANCE AGENCIES LTD 692,360
LEGEND PHYSIO AND REHAB CLINIC LTD 70,393
LEGEND PHYSIOTHERAPY AND WELLNESS 1,159,316
LEHWALD TAYLOR DR 36,272
LEI JENNIFER 49,388
LEISURELAND RV CENTRE INC 79,900
LEON AINES AUTO BODY LTD 224,739
LES SCHULTZ AUTOBODY AND GLASS 1,134,994
LESBERG & ASSOCIATES 35,238
LESPERANCE MENDES 361,846
LESYENO WELLNESS CENTRE LTD 29,576
LETO CHIROPRACTIC INC 36,267
LETTS PHILIP RMT 26,971
LEUNG ERIC HONG-LIK 26,592
LEUNG SIMPSON DR CHIROPRACTIC CORP 59,696
LEVITT LAURA 56,152
LEVITT-SAFETY LTD 98,022
LEXISNEXIS CANADA INC 105,413
LEYEN JENNIFER 111,518
LHL TCM HEALTH LTD 56,483
LI RONG GANG 67,318
LIAN JING 50,480
LIBBEN PSYCHOLOGICAL ASSOCIATES INC 37,514
LIFE BALANCE WELLNESS LTD 77,181
Insurance Corporation of British Columbia
134
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
LIFE FLIGHT NETWORK 51,739
LIFE MAID EASY 27,443
LIFEMARK HARVEY AVENUE 224,989
LIFEMARK HEALTH CORP 48,614
LIFEMARK HEALTH CORP (LANGLEY) 147,445
LIFEMARK HEALTH CORP (VANCOUVER) 37,514
LIFEMARK PHYSIOTHERAPY HAZELWOOD 292,679
LIFEMARK PHYSIOTHERAPY KAMLOOPS 53,764
LIFEMARK PHYSIOTHERAPY NORDEL WAY 311,678
LIFEMARK PHYSIOTHERAPY NORTH VANCOUVER 160,467
LIFEMARK PHYSIOTHERAPY SQUAMISH 92,888
LIFEMARK PHYSIOTHERAPY SURREY 354,797
LIFEMARK PHYSIOTHERAPY VIEW ROYAL 75,070
LIFEMARK PHYSIOTHERAPY WEST KELOWNA 419,610
LIFEMARK SPORTS MEDICINE KELOWNA 201,546
LIFEMARK SPORTS MEDICINE RICHMOND 920,718
LIFEWORKS CANADA LTD 1,595,462
LIFEWORKS FAMILY CHIROPRACTIC 102,309
LIFT AUTO GROUP (ALBERTA) 38,338
LIFT FITNESS LTD 41,088
LIFT PERFORMANCE & REHABILITATION CLINIC 263,306
LIGHTHOUSE CHIROPRACTIC 212,243
LIGHTHOUSE TRAUMA COUNSELLING (BURNABY) 29,340
LIGHTHOUSE TRAUMA COUNSELLING (VANCOUVER)
50,057
LILLOOET AUTOBODY TOWING AND SALVAGE LTD
42,398
LILLOOET GLASS AND TIRE LTD 119,411
LIM SOCIAL ENTERPRISES INC 26,937
LIMAS AUTOBODY AND GLASS LTD 2,229,769
LIMELIGHT PHYSIOTHERAPY 68,956
LIMELIGHT WELLNESS CENTER LTD 48,129
LIN ANDREW 41,530
LINA CHAN CHINESE MEDICAL ACUPUNCTURE 33,842
LINDSAY DISPUTE RESOLUTION SERVICES CORP 61,179
LINDSAY HART, LLP 122,642
LINDSAY LLP 6,808,647
LING FLORENCE 51,236
LING NAN TCM LTD 72,875
LINK INSURANCE SERVICES LTD 1,961,091
LINK REHAB INC 200,353
LINKEDIN CORPORATION 314,516
LITTLE SHUSWAP PHYSIOTHERAPY SERVICES 37,212
LITTLE VALLEY RESTORATIONS LTD 1,753,146
LIVE WELL PHYSIOTHERAPY 139,291
LIVING LINE OT (THE) 31,307
LJ’S TOWING & TRANSPORT 33,651
LLOYD’S UNDERWRITER SYNDICATE NO 0435 FDY 412,951
LLOYD’S UNDERWRITER SYNDICATE NO 1729 DUW
38,023
LLOYD’S UNDERWRITER SYNDICATE NO 1969 APL 106,579
LLOYD’S UNDERWRITER SYNDICATE NO 2623 AFB 37,981
LLOYD’S UNDERWRITER SYNDICATE NO 4020 ARK 56,885
LLOYD’S UNDERWRITER SYNDICATE NO 4141 HCC
43,182
LLOYD’S UNDERWRITER SYNDICATE NO 4711 ASP 623,245
LM PHYSIOTHERAPY INC 32,567
SUPPLIER NAME AMOUNTS
LO TAK YAN DR 59,986
LOCAL HEALTH AND CORPORATE WELLNESS INC 38,050
LOCUS HEALTH CENTRE INC 181,769
LODGE & ASSOCIATES INVESTIGATIONS LTD 25,564
LONE TREE TOWING AND RECOVERY 66,664
LONEWOLF HOMES LTD 34,188
LONG BEACH AUTOMOTIVE LTD 30,091
LONG LAKE SPORTS & ORTHOPAEDIC PHYSIO 139,678
LONG VIEW SYSTEMS CORPORATION 6,726,181
LONSDALE & 19TH MEDICAL CLINIC 36,669
LOS ANGELES FREIGHTLINER 26,660
LOUGHEED HYUNDAI (LUKANDA HOLDINGS LTD) 77,995
LOUGHEED PHYSIOTHERAPIST CORP 64,979
LOUIE ELAINE DR CHIROPRACTIC INC 32,686
LOUIE JONATHAN (REVOLUTIONARY REHAB) 34,908
LOUWERSE JOHAN DR 102,903
LOVETT WESTMACOTT 50,595
LOW JANICE (RESILIENCE ACTIVE REHAB) 75,055
LOWE EDWARD 71,652
LPR COUNSELLING (LORI PATRICIA REED) 108,370
LS LIFE SKILLS THERAPY SERVICES INC 2,168,350
LUI CHUNG 25,816
LUKE CHANG PHYSIOTHERAPIST CORP 61,631
LUKER FORENSIC ENGINEERING INC 45,114
LUNA THERAPY AND WELLNESS 167,344
LUO YAWEN 47,714
LUU NINA RMT 28,477
LUU THUY AN 50,494
LY CHIROPRACTIC INC 33,827
LY OCCUPATIONAL THERAPY SERVICES 85,052
LYLE INSURANCE SERVICES INC 267,656
LYNN VALLEY OPTOMETRY 54,118
LYNN VALLEY ORTHOPAEDIC AND SPORTS PHYSIO
370,726
LYONS LANDSCAPING LTD 65,807
M AND L HERB AND ACUPUNCTURE CLINIC LTD 26,239
M AND M HEALTH CLINIC INC 80,764
M AND S TRAILER REPAIR 33,116
M B COLLISION RICHMOND INC 13,681,988
M G COLLISION REPAIRS LTD 2,230,407
MAACO COLLISION REPAIR & AUTO PAINTING 1,591,013
MAACO LANGLEY (SUNFLAME AUTO INC) 240,550
MACADAMS LAW FIRM 203,005
MACCABEE TANKS LTD 686,228
MACCARTHY MOTORS (TERRACE) LTD 41,047
MACDONALD BOYLE & JEFFERY 121,842
MACDONALD-GILL INSURANCE SERVICES LTD 515,431
MACDONALD’S HOME HEALTH CARE 340,736
MACFARLANE INSURANCE AGENCIES LTD 196,571
MACK SALES & SERVICE OF NANAIMO LTD 94,611
MACKOFF MOHAMED (LESLIE MACKOFF LAW CORP)
4,171,167
MAD BODIES 29,763
MAD DOG TOWING 28,636
MADAHAR J S DR 34,555
Statements and Schedules of Financial Information 2022/23
135
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
MAGETA PHYSICAL THERAPY CLINIC LTD 181,504
MAGNUM TRAILER & EQUIPMENT INC 1,121,600
MAGRI LORI 30,113
MAID ONLY FOR YOU CLEANING INC 29,318
MAIN CARE PHYSIOTHERAPY INC 257,178
MAIN STREET INSURANCE SERVICES LTD 190,822
MAIN STREET PHYSIOTHERAPY CLINIC 127,066
MAIN YAN PHYSIOTHERAPY 102,551
MAINLAND AUTOMOTIVE COLLISION (RICHMOND)
1,540,040
MAINLAND AUTOMOTIVE COLLISION (VANCOUVER)
3,565,837
MAINLAND FORD LTD 1,784,498
MAINLAND GLASS INC 41,867
MAINLAND MASSAGE THERAPY BURNABY LTD 154,532
MAINLAND REPORTING SERVICES INC 157,079
MALIBU COLLISION (ROADKNIGHT HOLDINGS) 2,154,859
MALUDZINSKI KRZYSZTOF RMT 94,260
MANAK GURMUKH (BOUNCE BACK HEALTH) 50,796
MANDALA CENTER FOR HEALTH AND WELLNESS 55,756
MANGO MEDICAL CLINIC 25,098
MANHAS COQUITLAM HOLDINGS LTD 317,824
MANN JOTINDER SINGH DR 48,296
MANN LEANNA M RMT 41,857
MANN RAJ DR 132,864
MANN WELLNESS INC 155,626
MANNS DAVID G 52,977
MANOR INSURANCE SERVICES LTD 413,406
MAPLE AUTO GLASS & UPHOLSTERY INC 800,280
MAPLE RIDGE CHRYSLER DODGE JEEP 142,012
MAPLE RIDGE HYUNDAI 111,285
MAPLE RIDGE PHYSIOTHERAPY & PAIN CLINIC 462,658
MAPLE RIDGE TCM HEALTH CARE CENTRE 31,397
MAPLE RIDGE TOWING 1981 LTD 702,554
MAPLE TOWING CORP 67,151
MAPLELEAF INSURANCE SERVICES LTD 177,200
MAPLELIFE PHYSIOTHERAPY AND WELLNESS 224,506
MARCHIE’S HEALTHCARE SERVICES (LANGLEY) 331,648
MARCHIE’S HEALTHCARE SERVICES (SURREY) 253,940
MARINE DRIVE COLLISION LTD 1,612,609
MARIO’S TOWING LTD (HOPE) 655,664
MARIO’S TOWING LTD (KAMLOOPS) 745,882
MARIO’S TOWING LTD (KELOWNA) 2,069,679
MARIO’S TOWING LTD (MERRITT) 392,097
MARIO’S TOWING LTD (PRINCETON) 144,764
MARK HAMPTON PHYSIOTHERAPIST CORP 151,761
MARK TWEEDY MEDIATION AND ARBITRATION 154,001
MARK’S AUTO BODY LTD 2,656,057
MARKS LEQUIPEUR 32,011
MARPOLE PHYSIOTHERAPY 233,367
MARSH CANADA LIMITED 658,003
MARV JONES LTD 28,431
MASKALL’S COLLISION AND GLASS INC 767,251
MASRI BASSAM A DR INC 96,879
MASSE ANDREA 132,630
SUPPLIER NAME AMOUNTS
MASTER AUTOBODY (LEE CHANG HO) 548,460
MASTER TOUCH AUTOBODY SERVICE LTD 539,051
MASTERGLASS AUTOGLASS LTD (KELOWNA) 1,226,649
MASTERGLASS AUTOGLASS LTD (PENTICTON) 264,534
MATHESON COLLISION 66,673
MATHESON DEIDRE 38,914
MATRIX BAILIFF SERVICES LTD 42,404
MATSON DRISCOLL AND DAMICO LTD 232,898
MATULA COUNSELLING 32,703
MAWANI F DR OPTOMETRIC CORP 71,224
MAXFIT MOVEMENT INSTITUTE INC 28,673
MAXHEALTH CHIROPRACTIC INC 60,258
MAXIMUM COLLISION LTD 3,719,650
MAXUM AUTOMOTIVE REFINISHING LTD 1,069,777
MAXX CONTRACTING 59,885
MAXXAM INSURANCE SERVICES (BURNABY) LTD 3,316,519
MAXXAM INSURANCE SERVICES (KELOWNA) LTD 210,967
MAXXAM INSURANCE SERVICES (NANAIMO) LTD 563,102
MAXXAM INSURANCE SERVICES (PENTICTON) LTD
645,737
MAXXAM INSURANCE SERVICES INC 2,289,220
MAYER LLP 61,496
MAYNE AUTO GLASS 130,702
MAZURIN JUDY 35,396
MCALONEY ERRYN 25,924
MCAULEY CLAIMS SERVICES LTD 239,605
MCB AUTOBODY AND CUSTOMS LTD 72,920
MCBRIDES SERVICE STATION LTD 37,168
MCCALLUM PHYSIOTHERAPY 497,191
MCCARTHY TETRAULT LLP 584,426
MCCONNAN BION O’CONNOR & PETERSON 746,686
MCCRINDLE LIZ DR 30,128
MCDONALD & COMPANY 2,326,224
MCGUIRE CLAYTON RMT 26,411
MCINTOSH HEATHER 51,470
MCKAY COLIN DR 33,102
MCL SOLUTIONS CONSULTING SERVICES INC 305,353
MCLEOD ROSS LITIGATION LAWYERS 396,832
MCMAHON JOANIE 25,190
MCNEIL OCCUPATIONAL REHAB SERVICES LTD 106,778
MCQUARRIE HUNTER LLP 1,346,526
MCWILLIS BRYAN 35,042
ME AND RON’S TOWING 46,039
MEA FORENSIC ENGINEERS & SCIENTISTS LTD 2,493,389
MEAD-WESCOTT LARISSA 73,673
MEADOWLIFE PHYSIO AND ACTIVE REHAB CENTRE
163,604
MEADOWRIDGE COLLISION LTD 2,818,367
MECHAM SALES AND SERVICE 1978 LTD 37,170
MED REHAB SOLUTIONS INC 85,862
MEDELA REHABILITATION INC 26,985
MEDI VAN CANADA INC 48,331
MEDICAL ARTS CENTRE 37,892
MEDICAL SERVICES PLAN 5,166,152
MEDICHAIR OF NORTHERN BC 99,822
Insurance Corporation of British Columbia
136
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
MEDILINK CONSULTING 30,017
MEDIWORKS HOMCARE INC 64,046
MEGA ASSISTANCE SERVICES INC 109,535
MEGA TECH 69,650
MEGSON FITZPATRICK INC 1,665,107
MELCOR REIT LIMITED PARTNERSHI 166,152
MELODY MARTIN LAW CORPORATION 4,571,437
MELTWATER NEWS CANADA INC 123,973
MERCEDES-BENZ BOUNDARY 114,737
MERCEDES-BENZ NORTH VANCOUVER 3,999,301
MERCEDES-BENZ RICHMOND 254,562
MERCEDES-BENZ SURREY 52,381
MERCEDES-BENZ VANCOUVER 46,172
MERCER CANADA LIMITED 356,792
MERCURY ADJUSTERS INC 789,814
MERIDIAN INSURANCE AGENCIES LTD 467,184
MERIDIAN LAW CORPORATION 11,339,223
MERIDIAN REHAB CONSULTING (KAMLOOPS) 165,340
MERIDIAN REHAB CONSULTING (KELOWNA) 403,310
MERIDIAN REHAB CONSULTING (PENTICTON) 176,941
MERIDIAN REHAB CONSULTING (VANCOUVER) 70,461
MERIDIAN REHAB CONSULTING (VERNON) 440,120
MERIDIAN RV MFG LTD 518,767
MERRITT PERSONAL TRAINING 33,425
MERTIN CHEVROLET BUICK GMC CADILLAC 2,610,639
MERTIN HYUNDAI (BANNISTER IMPORTS LTD) 91,167
MERTIN NISSAN 50,146
MERVYN’S THE BODY SHOP (1994) LTD 4,529,578
METRO COUNSELLING THERAPY SERVICES 213,405
METRO MOTORS LTD 1,905,772
METRO THERAPEUTICS MASSAGE THERAPIST CORP
60,934
METROPOLITAN INSURANCE BROKERS LTD 363,651
METROTOWN ACUPUNCTURE (LADAN MOHAMMADI)
32,836
METROTOWN FAMILY CHIROPRACTIC INC 118,610
METROTOWN INSURANCE SERVICES INC 217,140
METROTOWN MITSUBISHI (DEER LAKE SALES) 398,872
METROTOWN ORTHOPEDIC AND SPORTS PHYSIO
438,536
MICHAEL O’MEARA LAW CORPORATION 1,156,658
MICRO FOCUS SOFTWARE SOLUTIONS CANADA CO
213,422
MICROSERVE BUSINESS COMPUTER 4,158,288
MICROSOFT CANADA INC 6,178,186
MID ISLAND TOWING & TRANSPORT LTD 544,610
MID VALLEY INSURANCE AGENCIES LTD 5,284,253
MID WESTERN BODY SHOP LTD (BOYD-CLOVERDL)
1,634,064
MID-ISLAND AUTO COLLISION LTD 1,792,736
MIDAS AUTO SERVICE (BURNABY-KINGSWAY) 45,253
MIDAS AUTO SERVICE (BURNABY-WILLINGTON) 33,513
MIDAS AUTO SERVICE (SURREY-FRASER HWY) 40,080
MIDAS AUTO SERVICE (SURREY-KING GEORGE) 57,578
MIDAS AUTO SERVICE (VANCOUVER-KINGSWAY) 33,354
MIDAS AUTO SERVICE MAIN ST 80,249
MIDAS AUTO SERVICE RICHMOND 87,487
MIDNYTES TOWING INC 42,709
SUPPLIER NAME AMOUNTS
MIDTOWN RV LTD 33,597
MIDVAN COLLISION (MID VAN MOTORS LTD) 1,060,019
MIKE ROSMAN RV SALES 48,350
MIKE’S AUTOMOTIVE SERVICES (M F WADMAN’S)
912,002
MIKKELSEN KEN 40,228
MILE AUTO INC 64,800
MILES EMPLOYMENT GROUP LTD 66,613
MILES MICHAEL ROBERT 38,086
MILL BAY TOWING AND RECOVERY LTD 112,824
MILLENNIAL ACUPUNCTURE AND HERBS CLINIC 52,259
MILLENNIUM NORTHMOUNT LIMITED 153,502
MILLER THOMSON LLP 139,614
MILODRAGOVICH DALE AND STEINBRENNER 144,768
MILSTEIN STEPHEN L DR 42,241
MINCIELI BODY MECHANICS 40,986
MIND BODY KINESIOLOGY 46,093
MIND BODY SPINE LTD 78,014
MINDBODYSHEN INTEGRATED MEDICINE 45,413
MINHAS SATRUP DR CHIROPRACTIC CORP 52,486
MINI RICHMOND (MTK AUTO WEST LTD) 372,859
MINISTER OF FINANCE 279,842
MINISTER OF FINANCE - ATTORNEY GENERAL 625,000
MINISTER OF FINANCE - BC MAIL PLUS 2,904,756
MINISTER OF FINANCE - CITIZEN’S SERVICES 403,933
MINISTER OF FINANCE - CLIMATE ACTION 402,623
MINISTER OF FINANCE - CLOUD BC 154,440
MINISTER OF FINANCE - EMPLOYER HEALTH TAX 8,983,366
MINISTER OF FINANCE - PUBLIC SAFETY 24,149,153
MINISTER OF FINANCE - TRANSPORTATION 2,290,800
MINISTER OF FINANCE-TECHNOLOGY SOLUTIONS
503,326
MINISTRY OF FINANCE AMBULANCE SERVICES 2,422,032
MINISTRY OF HEALTH 16,559,767
MINORU CHIROPRACTIC 58,672
MINORU TRUCK BODIES LTD 148,084
MINT AUTO BODY LTD 825,530
MINUTEMAN PRESS 36,688
MISENER ELLIOT HEARD 57,093
MISSION ACUPUNCTURE AND HERB CLINIC 32,007
MISTER OTTO GLASS (WILLIAMS LAKE) 170,697
MISTER OTTO GLASS (100 MILE HOUSE) 147,098
MITCHELL AND MITCHELL PLLC 28,212
MITCHELL INTERNATIONAL INC 8,540,036
MITCHELL JULIA (JULIA DAWN PHYSIOTHERAPY) 25,233
MITCHELL PRESS LTD 541,711
MITCHELL’S TOWING LTD 583,479
MIYOUNG CHO COUNSELLING & TRAUMA THERAPY
74,100
MJA AUTOBODY LTD 461,675
ML TRUCK EQUIPMENT LTD 55,682
MODERN AUTO BODY LTD 35,958
MODERN DAY HOME HEALTH CARE LTD 57,039
MOLL ALEXANDER DR INC 75,128
MOLLY MAID 29,858
MOLLY MAID KELOWNA 60,171
Statements and Schedules of Financial Information 2022/23
137
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
MOMENTUM PHYSIOTHERAPY AND SPORTS INJURY
81,598
MOMENTUM THERAPEUTICS 242,094
MOMENTUM WELLNESS CENTRE INC 146,926
MOMTAZI SAEED 40,924
MONASHEE AUTO BODY (1979) LTD 1,055,196
MONTROSE PHYSIOTHERAPY AND HEALTH CLINIC
43,778
MOORE CANADA CORPORATION 57,234
MORELLI CHERTKOW LLP 3,579,651
MORGAN CREEK FAMILY CHIROPRACTIC INC 62,388
MORGAN CREEK LAW 3,946,251
MORGAN CREEK MEDICAL 30,183
MORGAN CROSSING SPORTS MEDICINE CLINIC 202,803
MORGAN DAVID W DR INC 235,439
MORGAN’S GLASS CO LTD 78,660
MORITA AUTO BODY SERVICES LTD 815,775
MORREY NISSAN SALES (WHITE SPOT SERVICE) 4,942,158
MORROW WILLNAUER CHURCH LLC 84,240
MOTION (KELOWNA) 68,510
MOTION (LANGLEY) 53,466
MOTION (TERRACE) 35,735
MOTION LAB (THE) 105,311
MOTION PHYSIO & WELLNESS 143,513
MOTION PROSTHETICS LTD 28,214
MOTION SPECIALTIES (NANAIMO) 78,799
MOTION SPECIALTIES (VICTORIA) 42,261
MOTIONWORX PHYSIOTHERAPY (KYRCZA WITT PT)
119,776
MOTIVA PHYSIOTHERAPY STUDIO 202,761
MOTIVATED HEALTH AND PERFORMANCE 273,116
MOTO CONCEPT INC 30,974
MOTUS PHYSIOTHERAPY LLP 245,020
MOUNTAIN GLASS AND MIRROR 351,506
MOUNTAIN HWY COLLISION LTD 1,731,731
MOUNTAIN WEST TRUCK CENTER 94,399
MOUNTAINVIEW HEALTH & WELLNESS CENTRE LTD
692,269
MOUNTAINVIEW HEALTH & WELLNESS SURREY LTD
138,431
MOUNTAINVIEW INSURANCE SERVICES LTD 639,770
MOUNTAINVIEW KINESIOLOGY LTD 365,419
MOUNTAINVIEW MOVEMENT INC 27,637
MOUNTAINVIEW MOVEMENT MASSAGE & WELLNESS
52,665
MOVE HEALTH AND WELLNESS INC 975,290
MOVE HEALTH AND WELLNESS KELOWNA INC 25,828
MOVE RX PERFORMANCE AND WELLNESS INC 107,042
MOVE TO MOTION (BHUVDEEP ATWAL PHYSIO) 750,843
MOVEO SPORT & REHAB CENTRE INC (LANGLEY) 112,723
MOVEO SPORT & REHAB CENTRE INC (N VANC) 283,715
MOVES YOU PHYSIOTHERAPY 200,346
MR PLOW 34,607
MS AMLIN AG (BERMUDA BRANCH) 161,907
MS MOTORSPORTS LTD 1,068,310
MSA FORD SALES LTD 115,441
MSA 24/7 TOWING CALGARY LTD 34,477
MSA 24/7 TOWING LTD (ABBOTSFORD) 64,408
MSK HEALTH AND PERFORMANCE (BURNABY) 154,378
SUPPLIER NAME AMOUNTS
MSK HEALTH AND PERFORMANCE (VANCOUVER) 142,019
MT LEHMAN PHYSIOTHERAPY 185,695
MT PLEASANT OPTOMETRY CENTRE 28,539
MT 7 AUTOBODY 441,484
MTTM AUTO GROUP LTD 1,032,433
MULTIGRAPHICS LTD 30,735
MULTIPLE INSURANCE SERVICES INC 569,223
MUNDIE’S TOWING STORAGE & SERVICE (1976) 1,681,921
MUNICH REINSURANCE COMPANY OF CANADA 390,117
MURCHISON THOMSON AND CLARKE LLP 3,620,229
MURPHS GYM LTD 33,249
MURRAY AUTO GROUP WHITE ROCK LTD 249,498
MURRAY BUICK GMC PENTICTON 166,214
MURRAY CHEV OLDS PONTIC BUICK GMC 39,320
MURRAY CHEVROLET BUICK GMC MERRITT 43,835
MURRAY JAMIESON 2,057,808
MURRAY KIA ABBOTSFORD (MURRAY AUTO SALES)
33,960
MURRAY MOTOR SALES WINNIPIEG 28,941
MURRAY PONTIAC BUICK GMC ABBOTSFORD 65,376
MURRAYVILLE FAMILY PRACTICE 40,186
MURRAYVILLE HEALTH AND WELLNESS 38,218
MURRICK INSURANCE SERVICES (DELTA) LTD 511,353
MURRICK INSURANCE SERVICES (DOWNTOWN) LTD
760,283
MURRICK INSURANCE SERVICES (KILLARNEY)LTD 513,645
MURRICK INSURANCE SERVICES (LANGLEY) LTD 282,358
MURRICK INSURANCE SERVICES (NEW WEST) LTD 9,271,319
MURRICK INSURANCE SERVICES (OAKRIDGE) LTD 279,288
MURRICK INSURANCE SERVICES (VICTORIA) LTD 59,984
MURRICK INSURANCE SERVICES (WEST END) LTD 472,220
MUSE WELLNESS CENTRE LTD 25,718
MUVA PHYSIOTHERAPY (LAKHVEER KHURANA) 45,207
MVMNT CHIROPRACTIC AND WELLNESS 147,393
MW MOTOR WERKE INC 25,395
MYAH PHYSIOTHERAPY AND WELLNESS 49,482
MYODETOX CHINATOWN 135,045
MYODETOX FRASER 173,094
MYODETOX KITSILANO 97,205
MYODETOX MAIN 297,809
MYODETOX NORTH SHORE 108,361
MYODETOX OAK 231,294
M3 COLLISION COMPANY LIMITED 283,801
NADINA TRUCK SERVICE LTD 98,112
NADINE NEMBHARD PHYSIOTHERAPIST CORP 59,003
NAGARIA MOHAMMAD DR 32,665
NAGRA JUSTINE (JJKN ENTERPRISES) 49,097
NAHANNI TRUCK & TRAILER REPAIR 104,937
NAKUSP GLASS LTD 69,128
NANAIMO AUTOBODY AND GLASS LTD 645,082
NANAIMO CHRYSLER DODGE JEEP RM LTD 30,701
NANAIMO HONDA CARS 36,623
NANAIMO MITSUBISHI 27,709
NANAIMO REALTY (NANAIMO) LTD 709,020
NANAIMO TOYOTA (EAVES MOTORS SALES LTD) 272,311
Insurance Corporation of British Columbia
138
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
NANUQ LAW CORPORATION 75,227
NAPIER CAMERON GARETH 31,584
NAPP ENTERPRISES LTD 58,516
NATIONAL CAR & TRUCK RENTALS (HALT HLDGS) 153,029
NATIONAL SEATING & MOBILITY (ABBOTS) 36,852
NATIONAL SEATING & MOBILITY (BURNABY) 189,530
NATIONAL SEATING & MOBILITY (KELOWNA) 127,528
NATIONAL SEATING & MOBILITY (NANAIMO) 61,228
NATIONAL SEATING & MOBILITY (PORT COQ) 28,737
NATIONAL SEATING & MOBILITY (PR GEORGE) 389,879
NATIONAL SEATING & MOBILITY (SURREY) 37,729
NATIONAL SEATING & MOBILITY (VANCOUVER) 47,568
NATIONWIDE INSURANCE AGENCY (2018) LTD 211,625
NATS REPAIR 39,544
NATURAL & ORGANIC LIFESTYLES INC 137,040
NATURAL POINT THERAPY INCORPORATED 59,927
NAVARRO PHYSIOTHERAPY INC 81,778
NC RON’S TOWING (ACE AUTO WRECKING LTD) 891,801
NECHAKO BRAKE & WHEEL LTD 66,798
NEIGHBOURHOOD AUTO BODY LTD 2,502,870
NEIGHBOURHOOD AUTO GLASS & UPHOLSTERY 327,839
NELSON CHIROPRACTIC 29,871
NELSON CHRYSLER (CITY AUTO SERVICE LTD) 899,428
NELSON’S GLASS LTD 404,402
NENO’S PAINT & BODY LTD 998,500
NEU MOVEMENT WELLNESS INC 165,542
NEU MOVEMENT WELLNESS KELOWNA INC 173,412
NEURO ZONE PHYSIOTHERAPY (HILLARY ACOSTA) 37,977
NEURO-ABILITY 86,911
NEUROFOCUS PHYSIO & SPORTS INJURY (LANG) 78,486
NEUROMOTION PHYSIOTHERAPY & REHAB 348,630
NEW BALANCE THERAPY LTD 48,658
NEW BILLA AUTOBODY 2008 LTD 1,965,417
NEW DATA INVESTIGATIONS INC 205,030
NEW DIAMOND INSURANCE SERVICES LTD 248,016
NEW EASTERN MEDICINE CENTRE 54,858
NEW ENGLAND ORAL & COSMETIC FACIAL SURG 80,808
NEW LEAF MASSAGE AND WELLNESS LTD 119,103
NEW LISKEARD KENWORTH 35,647
NEW LOOK AUTOBODY LTD 1,394,223
NEW PLANET COLLISION LTD 1,155,471
NEW PROFESSION SVA COLLISION LTD 2,559,196
NEW WEST AUTO METAL INC 1,695,043
NEW WEST COLLISION INC 1,651,641
NEW WEST FREIGHTLINER INC 30,131
NEW WEST REPORTING SERVICES 41,366
NEW WEST SPORTS MEDICINE INC 110,897
NEW WEST TRUCK CENTRES 488,267
NEW WORLD INSURANCE SERVICES LIMITED 375,939
NEWLEAF TOTAL WELLNESS CENTRE 230,981
NEWPOINT INSURANCE SERVICES INC 1,224,331
NEWTON COURT CHIROPRACTIC LTD 167,556
NEWTON PHYSIO & WELLNESS (PT HEALTH) 173,834
SUPPLIER NAME AMOUNTS
NEXGEN HEARING 48,027
NG PAK KO 43,151
NGUYEN GLORIA 77,934
NICE SYSTEMS CANADA LTD 843,397
NICHOLS ENVIRONMENTAL (CANADA) LTD 1,165,806
NICK’S AUTO BODY LTD 1,523,440
NICOLE HART PHYSIOTHERAPY CORP 63,687
NICOLLE-TSIAKOS CAROL F 48,503
NIJJAR PHYSIOTHERAPIST CORP 158,860
NISSAN OF NANAIMO 44,110
NK AUTOMOTIVE TRUCK & DIESEL REPAIR 29,372
NO FEAR COUNSELLING CORP 2,110,406
NO 1 AUTOBODY LTD 2,676,130
NO 1 COLLISION (1993) INC (LOUGHEED HWY) 8,936,056
NO 1 COLLISION (1993) INC (RICHMOND) 14,678,989
NO 1 COLLISION (1993) INC (VANC-VERNON) 4,019,822
NO 1 COLLISION (1993) INC (VANC-3RD AVE) 12,636,516
NOON DAY MOON HOLDINGS LTD 63,946
NOR-DEL GLASS LTD 239,213
NORBURN MEDICAL CLINIC 32,882
NORDEL PHYSIOTHERAPY AND SPORTS CLINIC 257,641
NORELL CAROL - MEDIATOR 104,218
NORGATE AUTO BODY LTD 4,420,125
NORM’S AUTO REFINISHING LTD 2,237,467
NORTH BURNABY PHYSIOTHERAPY AND WELLNESS
106,725
NORTH COAST COLLISION LTD 703,073
NORTH EASTERN OCCUPATIONAL 31,996
NORTH ISLAND GLASS 2012 LTD 103,908
NORTH KAMLOOPS PHYSIOTHERAPY CLINIC 52,527
NORTH LINE COLLISION LTD 1,986,867
NORTH NAKUSP TOWING LTD 33,794
NORTH SHORE KIA (DICK IRWIN GROUP LTD) 44,174
NORTH SHORE LAW LLP 1,549,344
NORTH SHORE NEUROPSYCHOLOGY 45,381
NORTH SHORE RV CENTRE LTD 68,479
NORTH SHORE SPORTS MEDICINE (BROOKSBANK)
115,669
NORTH SHORE SPORTS MEDICINE (DOLLARTON) 114,653
NORTH SHORE TAXI (1966) LTD 37,147
NORTH SHORE WELLNESS INC 197,186
NORTH STAR BODY SHOP 1,788,272
NORTH SURREY CHIROPRACTIC CLINIC 116,377
NORTH VANCOUVER PHYSIO AND SPORTS CLINIC 121,762
NORTHERN GLASS & CONTRACTING 187,311
NORTHERN GLASS AND DOORS LTD 218,032
NORTHERN SAVINGS INSURANCE SERVICES LTD 1,284,694
NORTHERN THERAPY SERVICES 30,640
NORTHERN TOWING LTD 39,003
NORTHERN TRUST COMPANY (THE) 48,677
NORTHGATE CHEVROLET BUICK GMC 37,638
NORTHLAND CHRYSLER DODGE JEEP 125,275
NORTHLAND HYUNDAI (AUTOCANADA) 101,891
NORTHLAND NISSAN (AUTOCANADA) 135,517
NORTHVIEW INSURANCE BROKERS INC 357,927
Statements and Schedules of Financial Information 2022/23
139
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
NORTHWAY GLASS INC 190,153
NORTHWEST REHAB GROUP INC 52,651
NORTRUX 55,302
NOURBAKHSH AND CHRZASTOWSKA PHYSIO CORP
183,584
NOVA ACTIVE REHAB INC 237,372
NOVA PHYSIOTHERAPY 151,370
NOVO PHYSIO AND HEALTH 159,943
NOVUS GLASS ALDERGROVE 827,331
NOVUS GLASS NORTH VANCOUVER 224,319
NOVUS GLASS RICHMOND (GP GLASS LTD) 83,830
NOVUS GLASS SURREY 437,124
NOVUS GLASS VANCOUVER 543,327
NUCOR ENVIRONMENTAL SOLUTIONS LTD 64,270
NURSE NEXT DOOR (COQUITLAM) 29,836
NURSE NEXT DOOR (KAMLOOPS) 39,272
NUTHALL ADJUSTERS 91,213
NUVISTA CHIROPRACTIC COLLABORATION 74,239
NUWAY COUNSELLING LIMITED 66,579
NYRC (NORTH YORK REHABILITATION CENTRE) 8,817,393
O’CONNOR RUSSELL DR INC 26,373
O’CONNOR RV CENTRE LTD 694,130
O’NEILL GRANT DR 44,640
OAING JONATHAN 43,758
OAKRIDGE ORTHOPAEDIC PHYSIOTHERAPIST CORP
442,068
OAKWEST INSURANCE AGENCIES LTD 248,513
OASIS MISSION PHYSIOTHERAPY 290,540
OASIS PHYSIOTHERAPY CENTRE 70,850
OBAMIYI SAMUEL DR 65,175
OCEAN PARK FORD SALES LTD 26,201
OCEAN TRAILER (C KEAY INVESTMENTS LTD) 1,555,950
OCEANSIDE PHYSIO & WORK CONDITIONING 146,628
ODYSSEY REINSURANCE COMPANY (CANADIAN BR)
914,703
OIW ONSITE IMMUNIZATION & WELLNESS LTD 31,032
OK REGION TOWING 43,710
OK TIRE AUTO SERVICE 57,293
OK TIRE DUNCAN 245,608
OKANAGAN ACUPUNCTURE CENTRE 28,753
OKANAGAN CHIROPRACTIC CORP 79,595
OKANAGAN CHRYSLER DODGE JEEP (AUTOCANADA)
40,612
OKANAGAN CLINICAL COUNSELLING SERVICES 80,843
OKANAGAN GLASS LTD 41,581
OKANAGAN HEALTH AND PERFORMANCE INC 93,802
OKANAGAN ORAL & MAXILLOFACIAL SURGERY 186,095
OKANAGAN VALLEY INSURANCE SERVICES LTD 1,221,202
OKANAGAN VISION THERAPY 155,898
OLIVE PHYSIOTHERAPY AND SPORTS INJURY 92,175
OLIVE TREE WELLNESS CLINIC LTD 479,547
OLSON TREVOR PHD 31,056
OLYMPIC INS SERVICES LTD DBA SEAFIRST 113,465
OMARZAY PROFESSIONAL CORP 28,036
OMEGA AUTOBODY INC 1,006,940
OMINECA GLASS SERVICES 2021 LTD 252,381
ON CALL SERVICE CENTER 190,736
SUPPLIER NAME AMOUNTS
ON LINE COLLISION LTD 3,001,166
ON SET GLASS INC 33,403
ON TIME AUTO BODY LTD 88,192
ON TRACK PHYSIOTHERAPY & REHABILITATION 65,531
ONELIFE HEALTH AND WELLNESS LTD 38,804
ONESTOP AUTOGLASS LTD 147,525
ONSITE AUTO GLASS 132,408
OPEN TEXT CORPORATION 749,169
OPENROAD HONDA BURNABY 49,798
OPENROAD LEXUS RICHMOND 89,047
OPENROAD RICHMOND AUTO BODY COQUITLAM
5,029,506
OPENROAD RICHMOND AUTO BODY EXPRESS 2,604,182
OPENROAD RICHMOND AUTO BODY LANGLEY 7,674,969
OPENROAD RICHMOND AUTO BODY WHITE ROCK
4,690,242
OPENROAD TOYOTA PEACE ARCH 79,590
OPENROAD TOYOTA PORT MOODY 61,245
OPENROAD TOYOTA RICHMOND 104,466
OPERATION RED NOSE 32,895
OPTIMAL RECOVERY PHYSIOTHERAPY CLINIC 641,791
OPTIMUM HOME CARE INC 162,417
OPTIMUM SPORT AND HEALTH CENTRE 168,832
OPTIMUM THERAPY REHABILITATION SERVICES 155,104
OPTO-MIZATION NEUROVISUAL PERFORMANCE 305,790
ORACLE CANADA ULC 3,488,848
ORAL PHYSIOTHERAPY AND HEALTH CLINIC 87,659
ORCHARD FORD SALES LTD 78,213
ORCHARD PLAZA CHIROPRACTIC AND WELLNESS 193,425
ORIENT UNION TCM CLINIC LTD 82,450
ORIENTAL NATURAL ACUPUNCTURE CLINIC 33,228
ORIGIN AUTO SERVICES LTD 465,493
ORIGIN HEALTH 59,308
ORION HEALTH PROGRESSIVE REHAB INC 602,656
ORION HEALTH REHAB & ASSESSMENT CENTRES 462,976
ORKIN CANADA CORPORATION 65,487
ORTHOMED TECHNOLOGY INC 25,182
ORTHOQUEST PEDORTHICS & REHABILITATION 41,869
ORTHOSPORT MASSAGE THERAPY 28,299
OSOYOOS PHYSIOTHERAPY AND ACTIVE LIVING 91,924
OSSUR CANADA INC 38,179
OT CONSULTING TREATMENT SERVICES 47,127
OT WORKS LTD 851,714
OTTER POINT COLLISION LTD 690,225
OTXREHAB 131,730
OT4LIFE 61,882
OUR GLASS SHOP 120,345
OUTSYSTEMS INC 1,080,200
OVERDRIVE TOWING LTD 48,010
OWASCO RECREATIONAL VEHICLES 34,171
O2 PLUS HYPERBARIC OXYGEN AND HEALTH SPA 63,676
P & H SUPPLIES LTD 48,880
P & R TRUCK CENTRE LTD (DUNCAN) 52,116
P & R TRUCK CENTRE LTD (NANAIMO) 59,024
P & R TRUCK CENTRE LTD (SAANICHTON) 117,455
Insurance Corporation of British Columbia
140
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
P & R TRUCK CENTRE LTD (VICTORIA) 52,533
P J COLLISION LTD 1,556,401
PACE TRANSPORTATION SERVICES 31,769
PACEYOURSELF WELLNESS CENTRE 36,780
PACIFIC CABS 202,632
PACIFIC CHEVROLET BUICK GMC LTD 1,060,719
PACIFIC COAST HEALTH SERVICES 136,614
PACIFIC COAST HEAVY TRUCK GROUP 64,104
PACIFIC COAST INSURANCE BROKERS LTD 1,130,196
PACIFIC COAST UNIVERSITY 81,250
PACIFIC HEALTH AND SPORTS THERAPY LTD 171,821
PACIFIC HONDA (DICK IRWIN GROUP LTD) 52,874
PACIFIC INSURANCE AGENCIES LTD 66,747
PACIFIC LAW GROUP 9,164,744
PACIFIC LIFE CHIROPRACTIC INC 190,077
PACIFIC PEAK THERAPY INC 522,969
PACIFIC PLACE INSURANCE SERVICES INC 245,828
PACIFIC RIDING SCHOOL 39,229
PADDOCK JENNIFER 71,782
PAIN BC SOCIETY 46,000
PAIN FREE HEALTH (RICHMOND) 504,092
PAIN FREE HEALTH (SURREY) 787,551
PAINE EDMONDS LLP 3,915,297
PAINPRO CITY SQUARE THERAPEUTICS INC 269,703
PAINPRO COAL HARBOUR THERAPEUTICS INC 553,277
PAINPRO METROTOWN THERAPEUTICS INC 579,523
PAINPRO SURREY MEMORIAL THERAPEUTICS INC 543,983
PAINPRO THERAPEUTICS INC 450,382
PAINT’EN PLACE INC 45,507
PAINTS BEYOND AUTO BODY VANCOUVER LTD 306,470
PALADIN RISK SOLUTIONS INC 64,379
PALADIN SECURITY GROUP LTD 3,227,779
PALADIN TECHNOLOGIES INC 660,553
PANALYTICS RESEARCH GROUP INC 37,140
PANDA CLINIC BURNABY 499,070
PANDA CLINIC NEW WESTMINSTER 556,981
PANDA CLINIC SURREY 702,302
PANORAMA OPTOMETRY 345,064
PANORAMA PHYSIOTHERAPY AND SPORTS CLINIC
557,352
PANORAMA WELLNESS GROUP INC 64,426
PANTHER GLASS & UPHOLSTERY LTD 292,374
PAPE KENWORTH 25,131
PARADISE CHIROPRACTIC CORPORATION 125,451
PARAGON COLLISION (MISSISSAUGA) 36,108
PARAGON COLLISION REPAIRS LTD 936,447
PARAGON GLASS 158,249
PARAMOUNT AUTO BODY (GRAND PRAIRIE) 45,618
PARAMOUNT AUTO BODY LTD 1,910,382
PARHAR GURDEEP DR INC 62,354
PARIO ENGINEERING & ENVIRONMENTAL SCIENCE
751,791
PARIS ACUMED LIMITED 65,272
PARK GEORGIA INSURANCE AGENCIES (2014) 2,093,795
PARK HUN MYUNG 32,088
SUPPLIER NAME AMOUNTS
PARK INSURANCE AGENCY LTD 513,920
PARK JAE HONG 112,000
PARK SHORE MOTORS LTD 135,514
PARKER’S AUTO BODY AND PAINT LTD 3,419,057
PARKER’S CHRYSLER DODGE JEEP LTD 1,298,641
PARKSVILLE CHRYSLER LTD 1,124,982
PARKSVILLE PHYSIOTHERAPY CORPORATION 148,787
PARKSVILLE TOWING LTD 42,076
PARKWAY CREW INC (THE) 50,657
PARKWAY PHYSIO & PERFORMANCE (LANGFORD) 231,425
PARKWAY PHYSIO & PERFORMANCE (SOOKE) 175,863
PARKWAY PHYSIO & PERFORMANCE (VICTORIA) 651,373
PARM SEROWN MASSAGE THERAPY INC 156,316
PATHWAY RESOURCES LTD 220,572
PATRICIA EVANS AND ASSOCIATES INC 57,918
PATTON SHEILA WINIFRED 76,591
PAUL’S AUTO BODY LTD 356,544
PAYLESS AUTO TOWING LTD 259,085
PAYLESS GLASS LTD 570,478
PAYNTER SHAUNA 30,912
PB KINESIOLOGIST 46,352
PEACE GLASS LTD 999,210
PEACE TOWING 36,488
PEAK FITNESS 36,010
PEAK PERFORMANCE PHYSICAL THERAPY 35,283
PEAK VALLEY ACTIVE HEALTH INC 63,324
PEAK WELLNESS CENTRE 56,065
PEAKE & RICHMOND LTD 388,523
PEAKFORM WELLNESS (PEAKFORM CHIROPRACTIC)
134,035
PEARLMAN LINDHOLM 934,558
PEERLESS PAINTING AND CONTRACTING LTD 59,273
PELLING & ASSOCIATES INSURANCE BROKERS 205,118
PEMBERTON INSURANCE CORPORATION 105,437
PEMBERTON PHYSIOTHERAPY CLINIC 43,413
PENDER AUTO BODY LTD 1,840,517
PENINSULA PHYSIOTHERAPY CLINIC 37,049
PENINSULA TOWING (D R AFFLECK HLDGS LTD) 113,758
PENN INSURANCE AGENCIES LTD 389,009
PENNEY AUTO BODY LTD 4,743,660
PENSKE AUTOMOTIVE COLLISION 36,693
PENTICTON AUTO GLASS & UPHOLSTERY LTD 250,869
PENTICTON COLLISION CENTRE 1,839,493
PENTICTON PAIN CLINIC 97,347
PENTICTON PHYSIOTHERAPY AND IMS CLINIC 161,987
PENTICTON TOWING LTD 658,570
PENTICTON TOYOTA (KWP CARRIAGE INC) 30,681
PERFECT AUTO & WINDOW GLASS LTD 185,090
PERFECTIONS CUSTOM PAINT & AUTOBODY LTD 666,931
PERFORMANCE CHIROPRACTIC AND WELLNESS 372,484
PERFORMANCE HEALTH GROUP SURREY 214,338
PERFORMANCE INSTITUTE 60,730
PERFORMAX HEALTH GROUP LTD 60,757
PERPETUAL INSURANCE SERVICES LTD 488,815
Statements and Schedules of Financial Information 2022/23
141
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
PERRIER AND LACOSTE 34,470
PERSEVERANCE PHYSIOTHERAPY AND WELLNESS 62,730
PERSISTENCE TRAINING CENTRE INC 25,379
PERSPECTIVE OPTOMETRY 79,078
PET AUTO BODY (1992) LTD 225,689
PETA CONSULTANTS (VANCOUVER) LTD 61,438
PETE’S TOWING LTD 63,276
PETER BALJET CHEVROLET BUICK GMC 62,383
PETER F BUXTON LAW CORP 40,148
PETER F POOK INSURANCE AGENCIES LTD 1,092,756
PETERBILT ATLANTIC 43,502
PETERBILT OF HOUSTON BC 142,271
PETERBILT PACIFIC INC (KAMLOOPS) 2,245,707
PETERBILT PACIFIC INC (PRINCE GEORGE) 3,254,943
PETERBILT PACIFIC INC (SURREY) 68,352
PETERSON COMMERCIAL PROPERTY MGMT INC 630,911
PETROVIC SEAN 47,579
PG ACUPUNCTURE LTD 26,318
PG KLASSIC AUTOBODY LTD 2,838,696
PHARMASAVE 27,277
PHOENIX AUTOBODY REPAIRS (GTR INVEST) 510,504
PHOENIX PHYSIOTHERAPY CLINIC 178,614
PHYSIATRIX REHABILITATION INC 317,107
PHYSICIAN DIRECT SERVICES 47,549
PHYSIO COLLECTIVE 571,434
PHYSIO NORTH SPORTS & WELLNESS 72,610
PHYSIO SHOP (THE) - TREVOR POTTS PHYSIO 123,405
PHYSIOACTIVE SERVICES LTD 42,350
PHYSIOFIRST PHYSIOTHERAPY CLINIC 221,798
PHYSIOLAB CLINIC LTD 252,535
PHYSIOLIFE PHYSIOTHERAPY CLINIC 470,114
PHYSIOMAXX 338,994
PHYSIOMOVES PHYSIOTHERAPY CLINIC 516,961
PHYSIOPLUS HEALTH AND WELLNESS LTD 135,558
PHYSIOPRO PHYSIO & ORTHO SPORTS CLINIC 461,987
PHYSIOSTATION AND SPORTS INJURY CLINIC 181,939
PHYSIOSTOP (DACIA H ZAVITS PHYS THERAPY) 113,203
PHYSIOWORKS HEALTH MANAGEMENT 328,004
PHYSIO2U-LOWER MAINLAND (HALL PHYSIO) 94,152
PHYSIO4CARE (KAUR’S PHYSIOTHERAPIST CORP) 38,451
PHYSIQUE THERAPY INC 189,524
PH7 MIND AND BODY WELLNESS 27,424
PIGHIN TERRIE AND GARRY 57,216
PIHL LAW CORP 32,519
PINCHIN LTD 31,764
PINE TREE AUTO BODY LTD 1,028,595
PINETREE TCM CLINIC 82,324
PINEWOOD HAND THERAPY LTD 27,466
PINNACLE COLLISION CENTRE 28,941
PINTON FORREST & MADDEN GROUP INC 32,235
PIONEER GARAGE LIMITED 1,634,046
PITNEY BOWES POSTAGE BY PHONE 237,875
PITT MEADOWS PHYSIOTHERAPY CLINIC LTD 177,503
SUPPLIER NAME AMOUNTS
PITT MEADOWS WELLNESS CENTRE 176,278
PJ GLASS INC 289,527
PKW HEALTH CENTRE INC 84,700
PLAINS TOWING AND RECOVERY LLC 148,635
PLATINUM PRO KINESIOLOGY (KYLE SAMPSON) 58,417
PLAZA THERAPY LTD 98,461
PLETT TRUCK REPAIR LTD 49,029
PM TRUCK REPAIR INC 44,011
PNV INSURANCE SERVICES LTD 276,645
POCO CHIROPRACTIC INC 36,034
POCO INSURANCE AGENCIES INC 304,634
POLLARD DEBBIE LYNN 26,177
POLSTAR COLLISION LTD 381,048
POOLE SHAFFERY AND KOEGLE LLP 146,668
POPOW AND SONS TOWING 26,095
PORSCHE CENTRE VANCOUVER 185,922
PORT ALBERNI PHYSIOTHERAPY CLINIC 116,686
PORT COQUITLAM PHYSIO & SPORTS (LAURIER) 175,300
PORT COQUITLAM PHYSIO & SPORTS (WILSON) 237,432
PORT KELLS COLLISION AND AUTO SALES 351,328
PORT KELLS SUSPENSIONS LTD 58,894
PORT MOODY AUTO & AIR CONDITIONING 77,701
PORT MOODY COLLISION AND PAINT SHOP LTD 783,236
PORT MOODY PHYSIOTHERAPY AND SPORTS 81,179
POWELL GRAY AND KIM LLP 1,173,216
POWELL MATTHEW BERNARD 88,107
POWELL RIVER PHYSIOTHERAPY 52,589
POWERSHIFTER DIGITAL INC 249,529
POWLS WITTER SPINE & SPORTS PHYSIO CORP 138,266
PRACTICAR CAR & TRUCK RENTALS 298,446
PRAIRIE SCHOONER TOWING LLC 67,374
PRANA PHYSIOTHERAPY 1,460,512
PRANCING HORSE AUTOBODY AND PAINT 1,827,801
PRE-TECH COLLISION LTD 1,774,536
PRE-THERAPY CLINIC 1,251,113
PRECISELY SOFTWARE & DATA CANADA INC 119,556
PRECISION BRAKE AND MUFFLER 29,261
PRECISION GLASS LTD 472,807
PRECISION LOCKSMITHING 34,648
PRECISION MEDICAL MONITORING LTD 86,363
PREHAB HEALTH INC 45,145
PREMIER TRUCK GROUP 87,886
PREMIER TRUCK GROUP OF ST GEORGE 63,829
PREMIERE COLLISION LTD 1,374,722
PREMIERE VERBATIM REPORTING LTD 57,747
PREMIUM TRUCK & TRAILER INC 41,852
PREMIUM-FIT AUTO UPHOLSTERY & GLASS LTD 60,864
PRENGER JEANETTE 26,814
PRESTIGE COLLISION SERVICES (KELOWNA) 5,897,221
PRESTIGE COLLISION SERVICES (VERNON) 1,254,048
PRESTIGE INSURANCE SERVICES LTD 1,811,607
PRESTIGE PHYSIOTHERAPY & SPORTS MEDICINE 685,991
PRESTON CHEVROLET BUICK GMC CADILLAC LTD 835,694
Insurance Corporation of British Columbia
142
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
PRESTON COLLISION LTD 1,242,100
PRESTON MATTHEWS GROUP INC (THE) 247,425
PREVOST RV AND MARINE 92,034
PRICEWATERHOUSECOOPERS LLP 1,313,276
PRIEST VALLEY PHYSIOTHERAPY AND REHAB 212,192
PRIMAL RADIANCE HUMAN ENERGY SYSTEMS LTD
104,971
PRIMARY REHAB CLINIC 149,740
PRIME COLLISION LTD 1,921,465
PRIME INSURANCE CENTRE LTD 1,115,393
PRIME PHYSIOTHERAPY AND PERFORMANCE 393,108
PRIME RENTALS SECHELT 32,358
PRIME’ SPORT PERFORMANCE AND THERAPY INC 167,811
PRIMECARE PHYSIOTHERAPY INC 63,641
PRINCE GEORGE FAMILY CHIROPRACTIC INC 57,082
PRINCE GEORGE FORD 99,085
PRINCE GEORGE MOTORS LTD 66,664
PRINCE GEORGE TAXI 28,117
PRINCE GEORGE TOYOTA 262,087
PRINCE GEORGE TRUCK & EQUIPMENT 63,820
PRINCE RUPERT OR1 44,187
PRIORITY BUILDING SERVICES LTD 153,407
PRISM TOWING 135,779
PRISTINE GLASS LTD 218,555
PRITCHARD SEAN DR 28,701
PRO ALLIES INSURANCE SERVICES LTD 409,163
PRO BODY SHOP (1998) LTD 2,708,149
PRO KURE WELLNESS AND HEALTH CENTRE 269,492
PRO MOTION CLINIC 168,315
PRO MOTION PHYSIOTHERAPY & SPORTS INJURY 355,533
PRO PHYSIO CLINIC 159,088
PRO PHYSIOWORKS 27,401
PRO TOW 129,290
PRO-FIRST COLLISION CENTRE 4,632,320
PRO-TECH COLLISION CENTRE 2,077,910
PRO-VISION REALTY AND INSURANCE SERVICES 285,710
PROACTIVE HOME CARE SERVICES LTD 87,594
PROACTIVE PHYSIO & SPORTS CLINIC (DELTA) 663,417
PROACTIVE PHYSIOTHERAPY 276,227
PROBE INVESTIGATORS & SECURITY CONSULTANT
72,942
PROCARE HEALTH AND WELLNESS INC 106,919
PROCOM CONSULTANTS GROUP LTD 2,280,973
PROCYON SECURITY GROUP 33,600
PROEX DISABILITY MANAGEMENT 33,304
PROFIRE EMERGENCY EQUIPMENT INC 112,740
PROGRESS INVESTIGATIONS INC 114,400
PROGRESS SOFTWARE 28,985
PROGRESSIVE INSURANCE SERVICES LTD 283,734
PROHEALTH MASSAGE THERAPY & WELLNESS CTR
87,991
PROLINE COLLISION CENTER 878,943
PROLINE GLASS LTD 49,493
PRONTO AUTO GLASS (STRIDER ENTERPRISES) 51,537
PRONTO TOWING LTD 287,713
PROSIGHT GLASS (SNP ENTERPRISES LTD) 928,801
SUPPLIER NAME AMOUNTS
PROSPER HEALTH AND REHABILITATION LTD 249,131
PROSPER HEALTH VANCOUVER LTD 447,271
PROSPORT HEALTH CENTRE LTD 296,320
PROTECH DIESEL CENTER LTD 26,934
PROUT ALISTER J E DR INC 228,908
PROVIDENCE HEALTH CARE 43,586
PROVIDENCE SANTA ROSA MEMORIAL 217,067
PROVIDENCE THERAPY INC 60,228
PROVINCE OF BC (BC ONLINE) 87,219
PROVINCE OF BC (MVB FEES)
619,146,234
PROVINCE OF BC (MVB FINES) 84,012,191
PROVINCE OF BC (PREMIUM TAX)
222,810,385
PROVINCE OF BC (SST/PST)
290,031,609
PRYKE LAMBERT LEATHLEY RUSSELL LLP 1,568,367
PS AND CO BRANDING INC 693,380
PSDDB ADVERTISING INC 289,566
PSPT SOLUTIONS CORP 170,565
PT HEALTHCARE SOLUTIONS CORP 633,641
PUBLIC SERVICE PENSION PLAN 305,338
PULSE PHYSIO & SPORTS CLINIC-SURREY 24TH 322,299
PULSE PHYSIO & SPORTS CLINIC-SURREY 64TH 914,583
PULSE PHYSIOTHERAPY SOUTH SURREY 97,998
PUNJAB WELDING LTD 34,041
PURE BODY BALANCE 125,382
PURE FORM PHYSIOTHERAPY 199,273
PURE HEALTH MASSAGE AND WELLNESS 95,215
PURE LIFE HEALTH CENTRE LTD 817,528
PURE LIFE PHYSIOTHERAPY AND HEALTH CENTRE 921,767
PURE LIGHT ACUMED 50,588
PUROLATOR INC 1,287,738
PUSHAP AUTO BODY & INTERIOR REPAIR LTD 4,843,685
QA LAW 9,757,076
QI INTEGRATED HEALTH CENTRE 94,615
QM ENVIRONMENTAL 25,167
QUALICARE DELTA SURREY 236,732
QUALICARE SOUTH ISLAND 97,052
QUALICARE TRI CITIES 410,041
QUALICUM PHYSIOTHERAPY CLINIC 59,729
QUALITY CHOICE AUTO & TRUCK COLLISION 1,703,678
QUALITY FIRST COLLISION REPAIRS 2013 LTD 1,055,330
QUALITY FIRST MOTORS LTD 42,353
QUALITY GLASS LTD 255,146
QUALITY PAINT AND COLLISION 2021 25,526
QUALITY TOWING 28,010
QUALITY TRAILERS LTD 42,965
QUALTRICS LLC 297,879
QUAY HEALTH WORKS CLUB (THE) 53,081
QUBECORE SPORTS AND REHAB INC 307,641
QUEENS ACUPUNCTURE CLINIC 108,172
QUESNEL TOWING LTD 256,072
QUESNEL TOYOTA 78,589
QUIRING MOTORS (1994) LTD 291,270
QUYN LE THERAPY 26,459
Statements and Schedules of Financial Information 2022/23
143
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
R & S AUTO BODY (1990) LTD 1,210,357
R AND R’S REBEL CYCLE 51,366
R B S COLLISION REPAIRS LIMITED 743,831
R C ADAMS GLASS (R C ADAMS LTD) 51,350
R F MOORE CLAIMS SERVICE LTD 115,116
R F WELLNESS GROUP INC 86,712
R I SMITH HOLDINGS LTD 48,299
R+V VERSICHERUNG (GERMANY) 204,432
RAAVI’S HANDTHERAPY AND PHYSIO CLINIC 178,469
RACE & COMPANY LLP 3,383,808
RAI JAGTAR SINGH DR 25,806
RAINBOW CHRYSLER DODGE JEEP LTD 38,577
RAINBOW GLASS SALMON ARM 244,087
RAINBOW INSURANCE AGENCY LTD 95,046
RAINCOAST COMMUNITY REHAB SERVICES INC 99,652
RAJ CHAUHAN PHYSIOTHERAPIST CORP 75,513
RAJA TRAILER & EQUIPMENT SALES 34,248
RAM ENVIRONMENTAL RESPONSE LTD 211,307
RAMP BODY & FENDER WORKS LTD 228,098
RAND & FOWLER INSURANCE AGENCIES INC 534,426
RAND & FOWLER INSURANCE COQUITLAM LTD 4,069,275
RAND & FOWLER INSURANCE LTD 807,673
RAND & FOWLER INSURANCE SERVICES LTD 1,660,926
RANDALL GEORGE TREVOR 37,640
RAPID AUTO GLASS LTD 1,237,398
RAPID HEALTH REHABILITATION 50,397
RAPID INTERACTIVE DISABILITY MANAGEMENT 15,532,967
RATIONAL MIND INC 28,677
RAY F CHIN INC 375,657
RAYDAR AUTOBODY LTD 2,765,367
RAYEGAN NILOOFAR 59,680
RAZOR MANUFACTURING 44,901
RCU INSURANCE SERVICES LTD 422,679
RE FUNCTION HEALTH GROUP INC 773,019
REACH AMS LLC SIERRA LIFE FLIGHT 59,238
REACH REHABILITATION SERVICES LTD 454,342
REAL INSURANCE SOLUTIONS (2018) INC 1,300,976
REALSTREAM INCOME PROPERTIES LTD 196,122
REBALANCE PHYSIOTHERAPY 201,171
REBALANCE REHAB (OLSON PHYSIOTHERAPIST) 231,510
REBALANCEMD CANADA LTD 1,001,732
REBECCA YU MASSAGE THERAPIST CORP 357,926
REBORN AUTOBODY (LANGLEY) 33,912
REBORN AUTOBODY (PORT COQUITLAM) 1,006,970
REBOUNCE PHYSIO 264,326
REBOUND SPORT AND SPINE INC 199,276
RECEIVER GENERAL FOR CANADA 2,034,129
RECYCLE BC 166,422
RED HAT CANADA LIMITED 59,101
REDFLEX TRAFFIC SYSTEMS (CANADA) LTD 2,165,171
REED CHAD GREGORY 34,912
REEFER SALES AND SERVICE 67,250
REENA LATA SINGH COUNSELLING 31,808
SUPPLIER NAME AMOUNTS
REFLECTIONS TRUCK BODY REPAIR (CHILLWK) 4,771,194
REFLEX REHABILIATION INC 175,071
REFORMATIV PHYSIO AND PILATES 72,409
REGAIN HEALTH CENTRE LTD 118,327
REGAL COLLISION LTD 293,062
REGENCY LEXUS 40,261
REGENCY MEDICAL SUPPLIES 31,387
REGENCY TOYOTA (VANCOUVER) 93,836
REGENT PACIFIC INSURANCE SERVICES 252,295
REHABMAX PHYSIO & SPORTS INJURY 204,868
REHOBET JANITORIAL SERVICES LTD 34,857
REID LINDA 47,390
REJUV MEDICAL FITNESS INC 108,387
RELIABLE AUTO BODY (2001) LTD 3,526,128
RELIABLE TOWING MERRITT LTD
735,659
RELIABLE TOWING MISSION LTD 574,191
RELIANCE INSURANCE AGENCIES LTD 1,486,752
REMPEL ENGINEERING SERVICES LTD 52,228
RENAUD A DR CHIROPRACTIC INC 48,971
RENAUD COOK DRURY MESAROS PA 29,430
RENEWED WELLNESS (HANNAH V WHELPTON) 51,367
RENNICKS JOHN DR 32,394
REPORTEX AGENCIES LTD 33,854
RESILIENT ATHLETICS INC 76,398
RESOLUTION BAY CONSULTING LTD 206,461
RESOURCE TECHNOLOGIES INC 34,209
RESPONSE MANAGEMENT SERVICES 28,660
RESTORATION CHIROPRACTIC 47,274
RESTORE DETAIL AND GLASS LTD 65,191
RESTORE REHABILITATION INC 195,441
REVAMP WELLNESS INC 351,948
REVERE MASSAGE AND WELLNESS CENTRE 25,041
REVERE PHYSIOTHERAPY INC 86,433
REVITALIZE PHYSIOTHERAPY 203,825
REVIVAL COUNSELLING SERVICES 35,956
REVIVE MASSAGE THERAPY 29,715
REVIVE REHABILITATION INC 256,986
REVIVE WELLNESS LTD 304,364
REVOLUTION HEALTH AND WELLNESS 75,886
REVOLUTION RV AND TRAILER SERVICES LTD 131,216
REZILLIANT TOWING AND TRANSPORT LTD 121,764
REZVANI PHYSIOTHERAPIST CORPORATION 265,166
RH CANADA (PROTIVITI) 98,389
RIAR KULWANT DR INC 260,460
RICE FAMILY CHIROPRACTIC 80,318
RICH BOYZ MECHANICAL LTD 240,204
RICH CITY COLLISION REPAIRS 3,565,239
RICH’S AUTO BODY & WRECKING LTD 2,176,613
RICHARDS BUELL SUTTON 743,381
RICHMOND AUTO BODY (RICHMOND) 11,299,095
RICHMOND AUTO BODY LTD (NORTH VANCOUVER)
7,204,713
RICHMOND AUTO GLASS LTD 802,253
RICHMOND BLUNDELL PHYSIO & SPORTS INJURY 722,591
Insurance Corporation of British Columbia
144
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
RICHMOND CABS LTD 99,154
RICHMOND CHRYSLER DODGE JEEP LTD 2,390,782
RICHMOND CLOUD HEALTH REHABILITATION 99,892
RICHMOND CONTINENTAL AUTO LTD 38,657
RICHMOND COUPLES & CHILD COUNSELLING INC
34,622
RICHMOND FAMILY CHIROPRACTIC INC 57,120
RICHMOND PHYSIO (PT HEALTH) 317,448
RICHMOND STEVESTON PHYSIO & SPORTS INJURY
231,480
RICOH CANADA INC 124,753
RIDEAU RECOGNITION SOLUTIONS INC 85,009
RIDGE VIEW HEALTH AND PERFORMANCE 51,874
RIGHT AT HOME CANADA 100,349
RISE PHYSICAL THERAPY INC 330,513
RITCHIE COLLISION (LIFT AUTO GROUP) 769,995
RITE-WAY RV SERVICES LTD 62,955
RITSON-ROGERS JAY ALBERT 38,269
RIVERSIDE COLLISION 1,170,468
RIVERSIDE INSURANCE AGENCIES (1984) LTD 423,600
RIVERSYDE MOTORS INC 51,697
RJAMES TRUCK AND EQUIPMENT SERVICE 56,552
RJAMES WESTERN STAR (RJAMES MGMT GROUP) 1,205,988
ROADHOUSE TOWING 160,161
ROADRUNNER TOWING 38,023
ROADWAY TOWING AND RECOVERY (NEVADA) 34,697
ROADWAY TOWING LTD 1,098,361
ROBERGE KEVIN DR CHIROPRACTIC CORP 51,410
ROBERT R LAWLER PLC 797,007
ROBERTS TOWING & RECOVERY (KNIGHT REPAIR) 381,145
ROBIN VAN DER MARK CHIROPRACTIC CORP 32,477
ROCKY MOUNTAIN COLLISION REPAIR 2,463,937
ROD’S AUTO GLASS & UPHOLSTERY 135,359
ROGERS WIRELESS 131,993
ROLAND FLETCHER PHYSIOTHERAPIST CORP 65,401
ROMANA SARABJIT 28,826
ROMBU EUNJOO 29,331
ROSE CITY WELLNESS 34,377
ROSE NICHOLAS DR INC 116,445
ROSSLAND COLLISION FRUITVALE 733,375
ROSSLAND COLLISION LTD 1,215,551
ROTOR PLUMBERS AND DRAINAGE LTD 115,512
ROUTLEY & COMPANY 1,475,964
ROWSE JAMES B 45,685
ROYAL AUTOBODY LTD 729,918
ROYAL BANK OF CANADA 2,214,040
ROYAL CITY HEALTH AND MANUAL THERAPY INC 693,832
ROYAL CITY PHYSIO 98,646
ROYAL CITY TAXI LTD 47,556
ROYALITE INDUSTRIAL MAINTENANCE LTD 27,769
RUDY & PETER BODY SHOP (2004) LTD 1,032,003
RUNNERS RV 34,161
RUNZER’S COLLISION 146,625
RUPERT HEALTH CENTRE INC 45,263
RUPERT TOWING (SIXTEEN SERVICE LTD) 67,387
SUPPLIER NAME AMOUNTS
RUSCHEINSKI BLAKE DR CHIROPRACTIC INC 144,717
RUSH CLAIMS SOLUTIONS 132,641
RUSS’ BODY SHOP (1988) LTD 1,695,548
RUSSELL JOHN DAVID RMT 58,358
RUSSELL PROSTHETICS LTD 39,277
RUSTY’S AUTO TOWING LTD 1,040,917
RUTLAND GLASS (1994) LTD 212,551
RUTLAND PHYSICAL THERAPY INC 285,061
RYO WELLNESS CLINIC LTD 216,746
RYU CLINIC INC 68,509
S & R MAINTENANCE 36,897
S & S INSURANCE SERVICES (SURDEL) LTD 326,887
S & S INSURANCE SERVICES LTD 372,724
S H C MANAGEMENT GROUP LTD 81,067
S I SYSTEMS PARTNERSHIP 6,210,003
S J KERNAGHAN ADJUSTERS LTD 52,628
S R A GLASS & AUTO REPAIR 95,612
S SNIDER CONSULTING SERVICES INC 285,293
S T INSURANCE AGENCY LTD 364,255
S&S AUTOBODY AND PAINT LTD 304,814
SAANICH PHYSIO AND SPORTS CLINIC 212,043
SABER PHYSIOTHERAPY 30,998
SABIL INSURANCE AGENCY (ALDERGROVE) LTD 768,685
SADA SYSTEMS INC 64,917
SAFA MEDICAL CLINIC 25,843
SAFE CARE HOME SUPPORT LTD 396,150
SAFELITE AUTO GLASS LTD 224,688
SAGE SPORT INSTITUTE (OUTERBRIDGE ORTHO) 38,430
SAGEBRUSH PHYSIOTHERAPY 43,967
SAHARA REHAB CONSULTING LTD 2,121,381
SAHOTA SARBJIT DR 36,092
SALESFORCE COM CANADA CORPORATION 249,850
SALIUS PHYSIO (SINGLA PHYSIOTHERAPIST) 226,694
SALMO PHYSIO 36,796
SALMON ARM FRAME AND BODY SHOP 775,404
SALMON MICHAEL DR 26,608
SAMI’S AUTOBODY & PAINTING (1990 LTD) 116,064
SAMRA AUTOBODY LTD 653,744
SAN BERG COLLISION LTD 39,143
SANDERSON RYAN 30,284
SANDHU JASLEEN 28,201
SANDPIPER GARDENS & GLASS INC 119,165
SANGAM AUTO BODY LTD 2,185,217
SANGHA RAMONA RMT 160,890
SAP CANADA INC 4,340,846
SARAN CHIROPRACTIC CORP LTD 120,825
SAS INSTITUTE CANADA INC 268,160
SASCU INSURANCE SERVICES LTD 616,022
SATORI INTEGRATIVE HEALTH CENTRE INC 40,860
SAWHNEY SANDEEP DR INC 28,419
SAXBEE INSURANCE AGENCIES LTD 1,813,012
SCHEER LAW PLLC 836,766
SCHILL INSURANCE BROKERS LTD 6,347,635
Statements and Schedules of Financial Information 2022/23
145
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
SCHMITT COLLEEN F RMT 28,201
SCHULTZ-CRAFTSMAN COLLISION (QUEENSWAY) 1,383,202
SCHULTZ-CRAFTSMAN COLLISION (1ST AVENUE) 4,956,782
SCHULZ TAMARA RMT 37,500
SCOR CANADA REINSURANCE COMPANY 1,925,379
SCOTIABANK 65,390
SCOTT CONSTRUCTION 2005 LTD 46,789
SCOTT NAVARRO PHYSIO CORPORATION 52,932
SCOTT ROAD CHIROPRACTIC INC 33,256
SCOTT ROAD COLLISION REPAIRS LTD 215,548
SCOTT ROAD INSURANCE SERVICES LTD 2,635,228
SCOTT TOWN AUTOBODY LTD 2,844,860
SCOTTSDALE PHYSIOTHERAPY CLINIC INC 251,370
SCRAP KING AUTOWRECKING & TOWING LTD 261,166
SCU INSURANCE SERVICES LTD 619,599
SE RACK OH 32,536
SEA TO SKY SPORTS PHYSIO 280,872
SEA WALL AUTOBODY & PAINT LTD 992,925
SEAFIRST INSURANCE BROKERS LTD 818,129
SEAN’S CLEANING 4 U LTD 336,056
SEASIDE RV SALES & SERVICE LTD 30,987
SEASONS CONSULTING GROUP LTD 269,332
SECHELT INSURANCE AGENCY (1987) 446,665
SECOND LOOK AUTOBODY (1992) LTD 894,412
SEDGWICK CMS CANADA INC 27,475
SELKIRK CAR RENTAL LTD 25,929
SELKIRK GLASS LTD 129,313
SEMIAHMOO PHYSIOTHERAPIST CORP 75,043
SEMRAU STANLEY DR INC 176,978
SENGHERA GURPREET RMT 102,844
SENGHERA KING PHYSICAL THERAPIST CORP 148,476
SEOUL ORIENTAL CLINIC 76,171
SERAPHIM HEALTH AND WELLNESS CORP 37,048
SERENO WELLNESS AND SPA 48,117
SERVICE GLASS LTD 238,241
SERVICE MASTER OF CENTRAL & NORTHERN OK 71,738
SERVICEMASTER BURNABY/S FRASER 240,663
SERVICEMASTER OF KAMLOOPS 53,320
SERVICEMASTER RESTORATION 100,000
SETTLED BY SCHAPIRO MEDIATIONS INC 121,800
SEVA PHYSIOTHERAPY 201,935
SEVA WELLNESS (SEVA MASSAGE THERAPIST) 768,965
SHADETREE REPAIRS 29,235
SHANG MINGHUA 33,136
SHARIFI HASHEM 58,574
SHARONS INSURANCE SERVICES LTD 422,332
SHARP COLLISION REPAIR LTD 1,284,635
SHARPES INSURANCE SERVICES LTD 123,321
SHAW CABLE 51,319
SHELBOURNE PHYSIOTHERAPY (VIC-COOK ST) 123,214
SHELBOURNE PHYSIOTHERAPY (VIC-SHELBOURNE)
477,146
SHELTER MUTUAL CANADA 128,656
SHEWCHUK-DANN & ASSOCIATES PSYCHOLOGY 29,341
SUPPLIER NAME AMOUNTS
SHIFT REHAB SERVICES (ALICIA KEIM) 53,983
SHOKER ESHA 55,978
SHONG KEVAN G G 26,703
SHOPPERS DRUG MART 217,269
SHORELINE COUNSELLING CORP 37,288
SHUSWAP CHIROPRACTIC CLINIC 57,237
SHUSWAP COLLISION CENTER LTD 958,742
SHYLO NURSING AND HOME HEALTHCARE 36,351
SID’S AUTO GLASS & DETAILING LTD 375,032
SIDEWINDER CONVERSIONS AND MOBILITY LTD 30,103
SIDHU ARMINDER RMT 88,215
SIDHU KAMALJIT 34,910
SIDHUBRAR GURMINDERDIP (REBOUND HEALTH) 83,960
SIGNAL COLLISION CRANBROOK 2,692,794
SIGNAL COLLISION LTD 1,991,358
SIGNATURE MAZDA (SIGNATURE AUTOMOTIVE) 68,056
SILHOUETTE COLLISION (PLANET ERA ENT LTD) 4,317,698
SIMEIO SOLUTIONS CANADA INC 413,511
SIMON ACUPUNCTURE AND HEALING CLINIC 76,975
SIMON MARGOLIS MEDIATION AND ARBITRATION
77,893
SIMPLY COUNSELLING INC 53,765
SIMPSON CONTROLS LTD 407,207
SINGLETON URQUHART REYNOLDS VOGEL LLP 4,765,967
SIRI AUTO GLASS LTD 242,006
SIRIUS AMERICAN INSURANCE LTD (CANADIAN) 62,669
SITKA LAW CORPORATION 2,289,748
SITKA PHYSIO AND WELLNESS 51,129
SITU ZHI XIN 44,393
SIU WILLIAM W Y DR INC 41,239
SK ENGINEERING LTD 218,377
SK REHAB CLINIC LTD 376,636
SKAHA FORD INC 62,539
SKAHA PHYSIO & HEALTH CENTRE (HAVEY PHY) 145,059
SKEENA GLASS LTD 622,315
SKINNER MICHAEL T 55,847
SKLERYK YUEN YEE NG DR 69,348
SKY AUTO NO LIMITS 25,008
SKYLARK HEALTH AND WELLNESS 26,487
SKYLINE DIESEL TRUCK AND TRAILER 175,836
SKYLINK RECEIVABLES INC 160,523
SKYVIEW INSURANCE BROKERS LTD 161,194
SKYWAY TRAILER SERVICE LTD 33,961
SLATER MARK 65,520
SLATER MEDIATION SERVICES (LESLIE SLATER) 128,825
SLR CONSULTING (CANADA) LTD 468,880
SMART MOTION PHYSIO AND SPORTS CLINIC 39,173
SMART REHABILITATION CONSULTING LTD 557,568
SMILLIE GREGG DOUGLAS 54,025
SMITH CHEVROLET CADILLAC LTD 1,942,011
SMITHERS PARTS & SERVICE (2005) LTD 66,911
SMITTY’S BODY SHOP 27,849
SMOKEY CREEK SALVAGE 62,714
SMP RV LTD 85,925
Insurance Corporation of British Columbia
146
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
SN TRANSPORT LTD 104,459
SNAPBACK REHAB (KIMBERLEY ANNE MARION) 40,332
SNS FITNESS AND REHAB 68,859
SO RICHARD DR 68,340
SOFKO GARY A RMT 76,376
SOLID GOLD COLLISION (RRM COLLISION LTD) 382,573
SOLO GLASS LTD 292,102
SOLSTICE GLASS INC 580,045
SOLUTIONS COUNSELLING AND CONSULTING FIRM
33,885
SOMA NATURAL 81,364
SOMERS POULIN HALL 5,919,374
SONARIS EAR CENTER 65,452
SONEGO JAMIE 33,606
SONG FAMILY CHIROPRACTIC INC 438,158
SOOKE’S WESTCOAST COLLISION & GLASS 790,602
SOPRON AUTO BODY (P & T AUTO BODY LTD) 1,124,662
SORIM ACUPUNCTURE AND HEALING ART LTD 28,351
SORRENTO TOWING AND RECOVERY LTD 64,831
SOUND IDEARS INC 133,370
SOUND LAW LLP 939,185
SOUTH CENTRE PHYSIOTHERAPY CLINIC 161,783
SOUTH COAST FORD PROPERTY 67,299
SOUTH DELTA PHYSIOTHERAPY CLINIC 27,652
SOUTH END SPINE & SPORT 72,273
SOUTH FRASER PHYSIOTHERAPY CLINIC 636,543
SOUTH NANAIMO WELLNESS CENTRE 47,515
SOUTH OKANAGAN PHYSIO & ACTIVE WELLNESS 88,509
SOUTH PEACE CHIROPRACTIC 40,313
SOUTH POINT CHIROPRACTIC 68,468
SOUTH SEAS AUTO BODY CO LTD 1,863,645
SOUTH SURREY MEDICAL CLINIC 52,318
SOUTH THOMPSON MOTORS LTD 93,442
SOUTH VANCOUVER MEDICAL CLINIC 145,017
SOUTH VANCOUVER PHYSIOTHERAPY CLINIC 434,894
SOUTHARM MASSAGE THERAPY WELLNESS INC 36,645
SOUTHCARE CHIROPRACTIC CORPORATION 34,954
SOUTHERN BUTLER PRICE LLP 66,797
SOUTHERN INSURANCE SERVICES LTD 4,332,218
SOUTHSIDE DOOR AND GATE LTD 153,332
SPARKLING LEGACY HOME SERVICES 90,689
SPARKLING LEGACY RESIDENTIAL CLEANING 115,175
SPARKS DAWN RMT 30,263
SPARTA HEALTH INC (SQUAMISH) 328,708
SPARWOOD TOWING 81,728
SPECIAL D’S COLLISION LTD 85,167
SPECIALIST REFERRAL CLINIC 513,887
SPECTRUM HOME AND FAMILY CARE 98,497
SPECTRUM PSYCHOLOGICAL INC 52,924
SPECTRUM REHABILITATION SERVICE INC 179,243
SPEED’S TOWING OF MONTANA INC 42,857
SPEEDIER AUTO BODY SHOP LTD 1,489,979
SPEEDWAY TOWING LTD 71,426
SPEEDY COLLISION NE CALGARY 37,053
SUPPLIER NAME AMOUNTS
SPEEDY GLASS (ABBOTSFORD) 1,686,470
SPEEDY GLASS (BURNABY-BOUNDARY RD) 859,698
SPEEDY GLASS (BURNABY-IMPERIAL) 924,824
SPEEDY GLASS (CAMPBELL RIVER) 930,810
SPEEDY GLASS (CASTLEGAR) 556,843
SPEEDY GLASS (CHILLIWACK) 981,405
SPEEDY GLASS (COQUITLAM-BARNET) 1,312,526
SPEEDY GLASS (COQUITLAM-BRUNETTE) 657,971
SPEEDY GLASS (COURTENAY) 993,719
SPEEDY GLASS (CRANBROOK) 417,701
SPEEDY GLASS (CRESTON) 318,653
SPEEDY GLASS (DAWSON CREEK) 431,471
SPEEDY GLASS (DUNCAN) 919,119
SPEEDY GLASS (KAMLOOPS-NOTRE DAME) 631,803
SPEEDY GLASS (KAMLOOPS-SEYMOUR ST) 60,724
SPEEDY GLASS (KAMLOOPS-TRANQUILLE) 680,782
SPEEDY GLASS (KELOWNA) 822,274
SPEEDY GLASS (LANGLEY) 1,968,036
SPEEDY GLASS (MAPLE RIDGE) 808,517
SPEEDY GLASS (NANAIMO-NICOLE ST) 671,699
SPEEDY GLASS (NANAIMO-NORTH ISLAND HWY) 523,066
SPEEDY GLASS (NELSON) 251,404
SPEEDY GLASS (NEWTON) 1,359,309
SPEEDY GLASS (NORTH VAN-BROOKSBANK) 1,056,872
SPEEDY GLASS (NORTH VAN-MARINE DR) 1,255,374
SPEEDY GLASS (NORTH VAN-15TH ST) 546,994
SPEEDY GLASS (PARKSVILLE) 1,227,310
SPEEDY GLASS (PENTICTON) 698,320
SPEEDY GLASS (PORT ALBERNI) 504,266
SPEEDY GLASS (PRINCE GEORGE) 702,968
SPEEDY GLASS (RICHMOND) 1,665,486
SPEEDY GLASS (SQUAMISH) 615,171
SPEEDY GLASS (VANCOUVER-MARINE DR SW) 962,408
SPEEDY GLASS (VANCOUVER-YORK AVE) 1,005,452
SPEEDY GLASS (VANCOUVER-392 KINGSWAY) 1,263,847
SPEEDY GLASS (VANCOUVER-899 KINGSWAY) 399,285
SPEEDY GLASS (VERNON) 730,424
SPEEDY GLASS (VICTORIA-GOVT ST) 1,072,182
SPEEDY GLASS (VICTORIA-ISLAND HWY) 870,052
SPEEDY GLASS (WHITE ROCK) 949,953
SPEEDY GLASS (WILLIAMS LAKE) 264,313
SPENCER LAM KINESIOLOGY 33,164
SPINAL CORD INJURY BC 45,000
SPINEWORKS CHIROPRACTIC AND MASSAGE 261,730
SPLASHES WASH LODGE INC 1,318,709
SPOTLITE CUSTOM COLLISION (1987) LTD 2,320,851
SPRING MEDICAL CENTRE LTD 758,240
SPRING WELLNESS CLINIC OF ACUPUNCTURE 29,952
SQUAMISH TOYOTA (DOWNTOWN CENTRE MOTORS)
45,372
SREBLOWSKI JAMES 37,824
SREC 151,622
SSQ LIFE INSURANCE COMPANY INC 168,212
ST ALPHONSUS REGIONAL MEDICAL CENTER 145,250
Statements and Schedules of Financial Information 2022/23
147
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
ST CHARLES HEALTH SYSTEM 78,448
ST TRADITIONAL CHINESE MEDICINE LTD 50,741
STAHL PETERBILT INC 216,669
STAMPEDE GLASS LTD 615,590
STANTEC CONSULTING LTD 74,012
STAR AUTOBODY LTD 1,627,239
STARLITE AUTOBODY LTD 664,314
STARR ELKE DR 68,028
START AUTOMOTIVE LTD 37,947
START LINE HEALTH AND WELLNESS GROUP 678,824
STASIS REHABILITATION 318,862
STATE STREET BANK & TRUST COMPANY CANADA
36,616,032
STATION PHYSIOTHERAPY 173,974
STAUFFERS TOWING LLC 64,462
STAVROS AUTO BODY LTD 668,363
STAY STRONG PHYSIOTHERAPY 105,506
STEP AHEAD KINFIT 33,403
STEPHEN GRAFF FORENSIC ACCOUNTANT INC 71,035
STEPHENSON AND DICKINSON PC 39,482
STERLING AUTOBODY (DELTA) LTD 881,167
STERLING BACKCHECK CANADA CORP 242,671
STERLING GLASS AND DETAIL 235,942
STERLING TRUCK AND TRAILER SALES LTD 56,407
STEVE MARSHALL FORD LINCOLN LTD 106,244
STEVE MARSHALL MOTORS (1996) LTD 1,174,302
STEVENS POINT AUTO CENTER 44,173
STEVES TOWING AND AUTOBODY 107,729
STEVESTON VILLAGE ORTHOPAEDIC & SPORTS 71,242
STEWART GLASS INC 130,809
STEWARTS COLLISION CENTER 781,160
STILL CREEK COLLISION INC 1,252,802
STILL CREEK PRESS LTD 1,271,439
STOCHMAL MICHAEL DR CHIROPRACTIC INC 59,788
STOKED MASSAGE THERAPY AND WELLNESS 47,421
STRATIS INSURANCE AGENCY LTD 2,430,317
STRAWBERRIES AND SUNSHINE ENTERPRISES LTD 142,519
STREAMLINE AUTO & WINDOW GLASS LTD 725,262
STRENGTH THROUGH MOTION REHAB INC 155,908
STRIDE MOBILE PHYSIOTHERAPY 67,300
STRIKE RECOVERY AND PERFORMANCE INC 145,970
STRIVE HEALTH AND PERFORMANCE INC 451,170
STRONG BODY HEALTH AND WELLNESS LTD 834,698
STT ORIENTAL MEDICAL CENTRE LTD 32,517
STUART CHIROPRACTIC 132,347
SUBARU OF NANAIMO 69,876
SUBARU OF PRINCE GEORGE 179,712
SUBURBAN MOTORS (VICTORIA FORD ALLIANCE) 1,747,315
SUCCESS REALTY AND INSURANCE LTD 284,727
SUDDEN IMPACT AUTO BODY REPAIR LTD 1,732,191
SUH OHSIK 127,781
SULL JASONDEEP 28,137
SULLIVAN PHYSIOTHERAPY CLINIC 357,841
SUMAS MTN CHIROPRACTIC AND WELLNESS 353,804
SUPPLIER NAME AMOUNTS
SUMMERLAND GLASS AND MIRROR LTD 161,773
SUMMERLAND PHYSIOTHERAPIST CORP 55,818
SUMMIT PEMBERTON COLLISION 780,124
SUMMIT TRAILER LTD 59,160
SUMMIT TRUCK & EQUIPMENT REPAIRS LTD 30,354
SUN CITY PHYSIO (KELOWNA-GLENMORE) 156,601
SUN CITY PHYSIO (KELOWNA-LAKESHORE) 132,626
SUN CITY PHYSIO (KELOWNA-ST PAUL) 185,575
SUN CITY PHYSIO (LAKE COUNTRY) 149,010
SUN COUNTRY TOYOTA 1,688,503
SUN LIFE ASSURANCE COMPANY OF CANADA 31,207,620
SUNCOAST CHIROPRACTIC INC 59,629
SUNCREEK AUTO GLASS LTD 486,370
SUNGOD SPORTS & ORTHOPAEDIC PHYSIO 648,943
SUNLIGHT HERB AND ACUPUNCTURE LTD 83,932
SUNNYSIDE AUTOBODY (1980) LTD 2,277,015
SUNPAC AUTO COLLISION 103,772
SUNRISE FORD SALES LTD 1,112,090
SUNRISE PHYSIOTHERAPY CLINIC 679,466
SUNRISE TRAILER SALES LTD 29,118
SUNRISE VICTORIA PHYSIOTHERAPY CLINIC 347,378
SUNSET GLASS 295,971
SUNSHINE COAST CHEVROLET BUICK GMC 32,022
SUNSHINE GLASS AND MIRROR LTD 198,950
SUNSHINE PHYSIOTHERAPY AND SPORTS CLINIC 212,742
SUNSTONE PHYSIOTHERAPY CLINIC (DELTA) 667,459
SUNSTONE PHYSIOTHERAPY CLINIC (SURREY) 262,359
SUNWEST RV CENTRE LTD 69,013
SUNWHEEL REHABILITATION 246,347
SUPER EURO AUTO LTD 1,865,259
SUPER TOWING 28,789
SUPERIOR BODY SHOP 28,208
SUPERIOR COLLISION REPAIRS LTD 2,012,306
SUPERIOR TOWING AND REPAIR 85,280
SUPERSTAR AUTO REPAIR CENTRE LTD 1,044,606
SUPREMEX INC 300,827
SURDEL REVIVE REHABILITATION INC 236,365
SURDELL KENNEDY TAXI LTD 347,873
SUREWAY INSURANCE SERVICES LTD 129,966
SURFSIDE CLEANING 39,212
SURREY AUTO GLASS LTD 473,744
SURREY AUTOBODY AND PAINT LTD 4,153,575
SURREY CHIROPRACTIC PHYSIO & MASSAGE LTD 445,191
SURREY FAMILY CHIROPRACTIC AND MASSAGE 69,832
SURREY HONDA 41,242
SURREY HWY 10 PHYSIOTHERAPY AND MASSAGE 504,990
SURREY MITSUBISHI 366,959
SURREY NEUROPLASTICITY CLINIC 406,792
SURREY SPORTS AND REHAB PHYSIO CORP 99,053
SURREY WIDE TOWING (GOLDEN TOWING LTD) 95,435
SURREY 152 ST PHYSIO AND SPORTS CLINIC 744,028
SURREY 88 AVE PHYSIO & SPORTS CLINIC 159,845
SURREYSIDE PHYSIOTHERAPY CLINIC 152,678
Insurance Corporation of British Columbia
148
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
SUSANVILLE TOWING 46,302
SUSSEX INS AGENCY (COQUITLAM CENTRE) INC 232,585
SUSSEX INSURANCE AGENCY (AMBLESIDE) INC 176,134
SUSSEX INSURANCE AGENCY (CREST PLAZA) INC 2,378,558
SUSSEX INSURANCE AGENCY (DILWORTH) INC 173,892
SUSSEX INSURANCE AGENCY (KELOWNA) INC 1,441,283
SUSSEX INSURANCE AGENCY (LANGLEY) INC 569,604
SUSSEX INSURANCE AGENCY (MISSION) INC 1,139,372
SUSSEX INSURANCE AGENCY (ROYAL OAK) INC 864,863
SUSSEX INSURANCE AGENCY INCORPORATED 1,715,467
SUT BASRA DISPUTE RESOLUTION INC 263,255
SUTER BROOK INSURANCE SERVICES LTD 219,594
SWIFT HEALTH SERVICES INC 2,186,569
SWISS REINSURANCE COMPANY LTD (CANADIAN) 915,219
SYMMETRIX EXERCISE AND REHAB 332,361
SYMMETRY INJURY REHABILITATION LTD 1,013,857
SYMONS TIRE SERVICE LTD 29,598
SYMPHONY REHABILITATION 188,150
SYNERGY COUNSELLING ASSOCIATES 26,536
SYNERGY FRASER STREET ENTERPRISES LTD 69,002
SYNERGY HEALTH MANAGEMENT LTD 346,852
SYNERGY PHYSIOTHERAPY AND PILATES 61,609
SYNERGY REHABILITATION INC 6,849,046
SYNERGYMED ENTERPRISES LTD 102,200
SYNOPTIC MEDICAL ASSESSMENTS BC 29,768
T C VALLEY COLLISION LTD 1,599,787
T F AUTO BODY (TUNG FAT MOTORS LTD) 1,290,827
T H PETTIT LAW CORP (PETTIT AND COMPANY) 3,639,889
T J’S AUTO BODY (1998) LTD 2,188,945
T S MCKENZIE INSURANCE AGENCIES LTD 360,551
TABERNER PAUL D - MEDIATOR 136,173
TAG AUTO BODY & COLLISION CENTRE 1,169,029
TAI CHI ACUPUNCTURE INC 26,386
TALBOT INSURANCE SERVICES LTD 274,046
TALENTCLICK WORKFORCE SOLUTION INC 70,112
TALL TREE INTEGRATED HEALTH (CORDOVA BAY) 800,546
TALL TREE INTEGRATED HEALTH (JAMES BAY) 507,514
TALL TREE PHYSIO AND HEALTH CENTRE LTD 809,992
TAMMY STAMNES & KEN WILSON INS AGENCY 3,264,614
TANG WEI LIANG 65,777
TARTAN AUTO BODY LTD 27,391
TATA CONSULTANCY SERVICES CANADA INC 2,577,047
TAURUS AUTO COLLISION CARE LTD 402,481
TAYLORMOTIVE SERVICE LTD 3,597,711
TD CANADA TRUST 52,080
TEAM TOEWS CLEANING CO (LAURA TOEWS) 40,497
TEAMWELL HEALTH BURNABY 113,179
TEAMWELL HEALTH FLEETWOOD 178,368
TEAMWELL HEALTH RICHMOND 58,512
TEAMWORKS HEALTH CLINIC 177,661
TEC EQUIPMENT 38,212
TEDCO RV SUPPLIES 85,611
TEEMA SOLUTIONS GROUP INC 180,757
SUPPLIER NAME AMOUNTS
TEH EZRA 267,761
TEK TRUCK SERVICES (CANADIAN TEK TRUCK) 78,498
TEKSYSTEMS CANADA CORP 1,812,567
TELUS COMMUNICATIONS INC 12,509,492
TELUS SERVICES INC 1,405,913
TENABLE INC 30,749
TERMINAL AUTO BODY (PARKSVILLE) 2,042,493
TESKEY DREW ALEXANDER 25,881
TESS HEALTH CLINIC 331,258
THERACORE HEALTH SERVICES INC 107,469
THERAPEX HEALTH CENTRE LTD 610,918
THERAPY NOW THERAPEUTICS INC 197,153
THERMO KING OF BRITISH COLUMBIA INC 78,832
THETIS MASSAGE THERAPY INC 58,296
THIEL CHIROPRACTIC CORP 42,842
THINDA SUNDEEP DR PROFESSIONAL PSYCHOLOGY
42,294
THINK PHYSIOTHERAPY INC 427,489
THOMAS SHAWN P DR CHIROPRACTIC CORP 56,852
THOMPSON J P DR INC 34,924
THOMPSON KIYOMI 44,958
THOMPSON LEROSE & BROWN 222,470
THOMPSON RIVER PHYSIOTHERAPY 42,366
THOMSON REUTERS CANADA 105,379
THREE PEAKS KINESIOLOGY INC 384,795
THREE POINT MOTORS 50,561
THREE STEP FITNESS INC 74,752
THREESIXTY PHYSIOTHERAPY HEALTH SERVICES 197,519
THRIVE NOW PHYSIOTHERAPY (COBBLE HILL) 128,594
THRIVE NOW PHYSIOTHERAPY (DUNCAN) 207,945
THRIVE PERFORMANCE INC 58,847
THUNDERBIRD INSURANCE BROKERS LTD 254,048
THY INVESTMENTS LTD DBA SUSSEX AGENCY 724,359
TIAN YOU CLASSICAL ACUPUNCTURE 41,730
TIGER TOWING LIMITED 300,949
TIME ACUPUNCTURE AND MASSAGE CLINIC 57,839
TIN’S AUTO BODY & FRAME LTD 29,619
TIP FLEET SERVICES CANADA LTD 66,627
TIP TOP COLLISION LTD 805,271
TIPLADY PSYCHOLOGY 35,938
TITAN ENTERPRISE INC DBA SUSSEX INSURANCE 373,775
TITAN PROJECT PHYSIOTHERAPY 64,123
TITAN WINDOW FILMS LTD 27,442
TLC MEDICAL 39,905
TLC TOWING 46,193
TMA AUTOBODY & SERVICES LTD 1,595,653
TMS TRUCK CENTRE INC 52,353
TOA REINSURANCE COMPANY OF AMERICA (THE) 1,414,142
TOM NEHL TRUCK COMPANY 28,163
TOM THOMPSON AUTO GLASS LTD 1,132,181
TOM’S RV SERVICE & SUPPLIES LTD 40,317
TOMMY’S UPHOLSTERY LTD 43,793
TONG JASON 52,792
TONKS TOWING LTD 364,715
Statements and Schedules of Financial Information 2022/23
149
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
TONUME INTEGRATED HEALTH 232,697
TONY LAU INSURANCE AGENCIES LTD 528,794
TONY’S TOWING LTD 30,188
TOTAL BODY HEALTH 119,125
TOTAL CARE CHIROPRACTIC AND REHAB INC 382,192
TOTAL PHYSIOTHERAPY (M MCALONAN PHYSIO) 34,962
TOTAL THERAPY REHAB & WELLNESS (CENTRAL) 779,480
TOTAL THERAPY REHAB & WELLNESS (DAWSON) 658,024
TOTEM TOWING (TRIPLE T DEVELOPMENTS LTD) 513,283
TOWERS WATSON SOFTWARE LTD 616,055
TOWN AND COUNTRY TOWING 44,865
TOWN OF GIBSONS 269,125
TOWN OF QUALICUM BEACH 49,200
TOWN OF SIDNEY 405,630
TOWNLINE INSURANCE SERVICES LTD 610,365
TOWNLINE PHYSIOTHERAPY AND WELLNESS 116,827
TOWNSHIP OF LANGLEY 747,114
TRADEMARK GLASSWORKS LTD 192,509
TRADEWIND INSURANCE SERVICES LTD 257,643
TRAILCON LEASING INC 32,962
TRAILSIDE PHYSIO (COQUITLAM) 123,240
TRAILSIDE PHYSIO (NEW WESTMINSTER) 203,161
TRAIN WITH PURPOSE REHABILITATION INC 254,347
TRANSATLANTIC REINSURANCE COMPANY (CAN) 345,161
TRANSPORTATION ASSOCIATION OF CANADA 31,285
TRANSWESTERN TRUCK CENTRES 33,799
TRANSWORLD MANAGEMENT LTD 175,780
TRAVCO RV SERVICE CENTRE LTD 28,930
TRAVELAND LEISURE VEHICLES LTD 748,834
TRAVELAND’S HAPPYTRAILS RV 26,580
TRAVELHOME THE RV MARKETPLACE 57,178
TRAVERSE INTEGRATED HEALTH 61,464
TRAVLOS ANDREW DR INC 191,448
TRAXLER HAINES 663,921
TRELOAR PHYSIOTHERAPY CLINIC 8TH AVE 541,053
TRELOAR PHYSIOTHERAPY KERRISDALE 267,558
TREV DEELEY MOTORCYCLES (1991) LTD 143,431
TRI CITY MASSAGE THERAPY INC 32,328
TRI-CITY INSURANCE BROKERS LTD 836,765
TRI-CITY PSYCHOLOGY SERVICES INC 67,627
TRI-CROWN RV 77,368
TRIANGLE HOMES LTD 61,854
TRICA CXM SOLUTIONS LTD 330,924
TRICITY PHYSIO 199,726
TRIDEM SERVICES LTD 57,000
TRIFECTA REHAB INC 995,295
TRINITY PHYSIOTHERAPY SPORT AND WELLNESS 453,689
TRISTAR COLLISION 2,762,662
TRISTATE TRUCK EQUIPMENT 41,917
TRISURA HEALTH INSTITUTE INC 35,063
TRITON MEDICAL CLINIC 54,813
TRIUMPH PHYSIO AND WELLNESS 154,618
TROJAN COLLISION SERVICES LTD 4,917,120
SUPPLIER NAME AMOUNTS
TROY WOTHERSPOON INSURANCE SERVICES 2,719,821
TRU-LINE AUTOBODY FRAME & WHEEL LTD 294,050
TRUCK WEST COLLISION 98,479
TRUE CONDITIONING SERVICES INC 268,670
TRUE KINETIC REHABILITATION INC 27,540
TRUONG MYLE DR 43,008
TSAWWASSEN COLLISION LTD 3,056,520
TSAWWASSEN INSURANCE BROKERS LTD 525,957
TSN INSURANCE SERVICES (SURREY) LTD 340,165
TSN INSURANCE SERVICES (2012) LTD 400,757
TTC THE THERAPEUTIC COLLECTIVE INC 47,584
TTEC DIGITAL CANADA INC 1,092,771
TTEC EQUIPMENT INC (LAS VEGAS) 37,666
TUBER TOWING AND RECOVERY LTD 90,757
TURNBULL RUTH DR MEDICAL INC 85,171
TURNER VOLKSWAGEN (MERVYN MOTORS LTD) 54,632
TURNEY TOWING LLC 73,521
TURNHAM WOODLAND 986,072
TURNING POINT REHABILITATION CONSULTING 152,817
TURTLE BAY MEDICAL CLINIC 31,661
TURTLE BAY PHYSIOTHERAPY INC 44,278
TWIN RINKS ORTHOPAEDIC & SPORTS PHYSIO 371,580
TWINSTAR COLLISION LTD 857,068
TWO WORLDS CONSULTING LTD 232,914
TXL INSURANCE AGENCY INC 502,547
TYCROP MANUFACTURING LTD 358,945
TYLER’S TOWING (2013) LTD 29,874
TZU CHUN LIN 51,857
UBER AUTO BODY LTD 41,829
UHC MANAGEMENT GROUP LTD 184,489
ULINE CANADA CORPORATION 46,136
UNDERWRITERS INSURANCE AGENCIES-POWELL 554,454
UNDERWRITERS INSURANCE BROKERS-PENTICTON
602,647
UNGAR PAUL DR 51,276
UNIC GLASS LTD 91,724
UNIQUE COLLISION CENTRE CORP 31,483
UNITED COLLISION REPAIR LTD 130,913
UNITED TOWING AND RECOVERY SERVICES LTD 36,144
UNITED TOWING SERVICES INC 56,588
UNITED TRUCK AND MACHINE LTD 37,280
UNITED WAY BRITISH COLUMBIA 41,691
UNITOW SERVICES (1978) LTD 568,180
UNIVERSAL AUTO COLLISION LTD 632,597
UNIVERSAL FORD LINCOLN 27,571
UNIVERSITY OF UTAH HOSPITAL 121,955
UP LEGAL GROUP LLP 4,043,946
UPWORDS MARKETING SOLUTIONS INC 143,245
URBAN ACTIVE SPORT THERAPY CLINIC 36,220
URBAN PACIFIC LAND CORP 113,522
URGEL’S AUTO COLLISION LTD 1,284,460
UTAH OSIC 96,752
UTILITY TRAILER SALES OF NEW JERSEY INC 29,758
UVALL HEALTH LTD 26,390
Insurance Corporation of British Columbia
150
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
V MAKIN MD INC 73,958
VAISLER BARRY J 44,100
VALENCIA IIP ADVISORS LIMITED 40,810
VALEO HEALTH CLINIC INC 146,775
VALLEY AUTO REPAIR INC 144,266
VALLEY CHIROPRACTIC 65,434
VALLEY GLASS WESTBANK LTD 620,805
VALLEY MITSUBISHI (DOUBLE K VENTURES INC) 27,195
VALLEY SPORTS MEDICINE CLINIC LTD 73,781
VALLEY TOYOTA (RAINBOW AUTO CENTRE LTD) 52,731
VALLEY VIEW FUNERAL HOME AND CEMETARY 32,677
VALLEY WEST GLASS LTD 35,732
VALLEY WIDE INSURANCE SERVICES INC 590,594
VALLEY WORK EVALUATION & RESEARCH CENTRE 48,036
VALOUR INDEPENDENT MEDICAL ASSESS-NANAIMO
32,167
VALOUR INDEPENDENT MEDICAL ASSESS-VANCOUV
36,530
VAN DE POEL LEVY THOMAS ARNEAL LLP 51,235
VAN GAALEN PHYSIOTHERAPIST CORP 119,072
VAN HORNE TOWING (2000) LTD 258,363
VAN ISLE AUTO GLASS LTD 869,237
VAN SPORTS AND PHYSIOTHERAPY CLINIC 82,576
VAN-BURN COLLISION REPAIRS LTD 1,508,236
VANCITY AUTOBODY LTD 1,920,258
VANCITY PHYSIO (VUKOVIC PHYSIO CORP) 121,606
VANCOUVER AND SHANGHAI LANDS LTD 489,134
VANCOUVER AUTOBODY LTD 454,762
VANCOUVER AXLE AND FRAME LTD 127,502
VANCOUVER BACK INSTITUTE 217,947
VANCOUVER BMW DUCATI 83,685
VANCOUVER COASTAL HEALTH AUTHORITY 805,944
VANCOUVER COLLINGWOOD WELLNESS 456,384
VANCOUVER CONVERTIBLE TOPS 52,725
VANCOUVER HINO 42,795
VANCOUVER HOLDINGS (BC) LTD 149,925
VANCOUVER HOME CARE INC 46,751
VANCOUVER INTERNATIONAL ARBITRATION CTR 164,580
VANCOUVER ISLAND CUSTOM GLASS INC 441,515
VANCOUVER ISLAND PHYSIOTHERAPY CLINIC 119,505
VANCOUVER ISLAND PSYCHOLOGICAL SERVICES 85,599
VANCOUVER LITIGATION SUPPORT SERVICES LTD 61,142
VANCOUVER MOTORSPORTS LTD 669,423
VANCOUVER NEUROPHYSIO SERVICES 40,940
VANCOUVER PHYSIOTHERAPY AND SPORTS CLINIC
83,150
VANCOUVER PROSTHETICS AND ORTHOTICS INC 54,518
VANCOUVER SOMATIC THERAPY 28,377
VANCOUVER SPEED AUTO BODY LTD 973,052
VANCOUVER TAXI LTD 56,914
VANCOUVER TMJ & SLEEP THERAPY CENTRE 101,948
VANCOUVER TRUCK COLLISION LTD 187,028
VANDENBILT AUTO BODY LIMITED 919,812
VANDY DEVELOPMENTS LTD 91,789
VANPROP INVESTMENTS LTD 444,540
VAUGHAN OCCUPATIONAL CONSULTING 78,473
SUPPLIER NAME AMOUNTS
VAUGHANS FITNESS INC 130,241
VEDDER AUTO GLASS 247,126
VEGT ERIC J 47,843
VENIER M A DR CHIROPRACTIC CORP 153,964
VERALIFE HEALTH CENTRE 25,488
VERIDOS CANADA LTD 6,122,743
VERITAAQ TECHNOLOGY HOUSE INC 121,338
VERITEXT LITIGATION SOLUTIONS CANADA INC 318,644
VERN’S CUSTOM AUTO LTD 514,243
VERNON ACTIVE HEALTH CLINIC INC 96,779
VERNON AUTO TOWING LTD 359,261
VERNON CHRYSLER DODGE LTD 38,443
VERNON GLASS AND CAR CARE LTD 294,232
VERNON HYUNDAI 31,327
VERNON PHYSIOTHERAPY AND REHABILITATION 73,873
VERNON TOYOTA CENTRE 186,810
VESPA METRO VANCOUVER 38,157
VI TRAUMA SCENE CLEAN UP LTD 89,115
VIBRANCE ACTIVE REHAB LTD 37,410
VICTORIA ATHLETE CENTRE 2020 INC (THE) 84,991
VICTORIA ENHANCED SPORT AND SPINE 41,791
VICTORIA EXERCISE REHABILITATION CENTRE 193,535
VICTORIA SPORTS PHYSIOTHERAPIST CORP 173,287
VICTORIA SQUARE MEDICAL CENTRE 36,336
VICTORIA TAXI (1987) LTD 31,291
VIDA CHIROPRACTIC (DR BRIAN BITTLE CHIRO) 52,198
VIEWPOINT MEDICAL ASSESSMENT SERVICES INC 2,900,562
VILLA INSURANCE AGENCY LTD 727,550
VILLAGE OF ALERT BAY 47,013
VILLAGE OF LUMBY 189,800
VILLAGE OF MIDWAY 132,229
VILLAGE PHYSIOTHERAPY 35,564
VINA INSURANCE SERVICES LTD 390,296
VINASAFE INSURANCE SERVICES LTD 434,076
VINCENT R ORCHARD LAW CORP 180,493
VINGE DEREK DR CORPORATION LTD 37,128
VIRGIN HICKMAN (MARK V C VIRGIN LAW CORP) 6,952,677
VIRK INSURANCE AGENCIES LIMITED 222,201
VISION33 CANADA INC 190,315
VISTA DISABILITY MANAGEMENT INC 1,216,626
VITAE HEALTH AND SPORT LTD 55,992
VITAL HEALTH PHARMACY 50,695
VITAL LIFE PHYSIOTHERAPY CLINIC 270,686
VITAL MASSAGE THERAPY 32,621
VITAL PHYSIOTHERAPY CLINIC 444,786
VITAL POINT ACUPUNCTURE INC 30,535
VITALITY CHIROPRACTIC AND LASER THERAPY 57,967
VITALITY INTEGRATIVE HEALTH 519,167
VITALPOINT CHIROPRACTIC INC 133,169
VIVA CARE GUILDFORD INC 64,204
VIZEUM CANADA INC 31,215
VN HEALTH INC 26,008
VOCATIONAL LITIGATION SOLUTION 27,880
Statements and Schedules of Financial Information 2022/23
151
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
VOCATIONAL PACIFIC LTD 363,136
VOCATIONAL QUEST INC 51,735
VOLT HEALTH AND REHABILITATION 103,614
VOLTECH ELECTRIC LTD 66,460
VOLVO CARS VICTORIA 34,789
VOYAGER RV CENTRE LTD 45,312
W GLEN PARRETT 28,114
WABASH MFG INC 101,522
WADDELL RAPONI 672,491
WALDALE 7,210,260
WALIA INSURANCE AGENCIES LTD 528,012
WALKER ANNA LEIGH 218,520
WALKER’S REPAIR CENTRE LTD 73,633
WALLWORK TRUCK CENTER FARGO 81,935
WALNUT GROVE CHIROPRACTIC AND MASSAGE 166,997
WALT’S TOWING & AUTOMOTIVE 59,403
WANG DAVID C DR 32,914
WANG JING 27,477
WANG PEI 121,832
WANG SHUOXIN 71,020
WANG XIAO XIAO 47,962
WARAWA TERRANCE C 55,699
WARRINGTON PCI ITF PR GUILDFORD LP 2,746,216
WARRINGTON PCI ITF PR QUEENS COURT 529,003
WARRINGTON PCI MANAGEMENT 1,915,318
WARTAK GREGORY G RMT 68,303
WASTE CONNECTIONS OF CANADA INC 190,795
WATKIN MOTORS (MARJAK SERVICES LTD) 232,761
WAVE PHYSIO CORPORATION 97,918
WAVERLY SENIORS VILLAGE (THE) 32,335
WAYPOINT INSURANCE SERVICES INC 7,010,247
WDI SERVICES LTD (DIV OF HERITAGE OFFICE) 770,022
WE CARE MEDICAL AND WALK IN 25,816
WE REGISTERED MASSAGE THERAPY INC 50,853
WEBSTER HUDSON & COOMBE LLP 4,844,347
WEEKS INSURANCE & FINANCIAL SERVICES INC 84,809
WEI HUA HUA 39,835
WELDING AND ENGINEERING CO LTD (THE) 33,720
WELHAM JOANNE L DR CHIROPRACTOR INC 32,995
WELL HEALTH CLOVER CARE INC 34,443
WELL HEALTH FLEETWOOD 28,348
WELL HEALTH PANORAMA VILLAGE MEDICAL 34,445
WELL HEALTHCARE OVAL A INC 34,897
WELL ON AUSTIN HEALTH GROUP INC (THE) 994,965
WELLNESS HQ (INCREMENTALITY HEALTH INC) 496,729
WELLNESS NORTH COUNSELLING LTD 45,198
WESGROUP PROPERTIES LP 698,214
WEST COAST DETAIL & ACCESSORY CENTRE 108,202
WEST COAST KIA (KOREAN IMPORTS LTD) 29,157
WEST COAST KINESIOLOGY SERVICE INC 130,026
WEST COAST MOTOR SPORT LTD 103,526
WEST COAST REPAIR & COLLISION SERVICE 875,566
WEST COAST RV PARTS & SERVICE 165,424
SUPPLIER NAME AMOUNTS
WEST COAST SPORTS PHYSIOTHERAPY 37,425
WEST COAST TOYOTA 71,118
WEST END AUTO BODY LTD 3,325,618
WEST END PHYSIOTHERAPY CLINIC 60,556
WEST FOURTH CHIROPRACTIC 27,178
WEST JOSHUA ISAAC 34,616
WEST VANCOUVER PHYSIOTHERAPY CLINIC 38,730
WESTCOAST CHIROPRACTIC CLINIC (LAI CHIRO) 25,202
WESTCOAST SMART CHOICE INVESTMENTS LTD 266,464
WESTERN AUTO WRECKERS 260,390
WESTERN COAST INSURANCE SERVICES LTD 7,604,504
WESTERN COLLISION INC 25,197
WESTERN FINANCIAL GROUP (NETWORK) INC 16,696,317
WESTERN FIRE FORENSICS 32,287
WESTERN STAR TRUCKS NORTH LTD 34,186
WESTISLE HEATING AND COOLING 29,197
WESTLAND INSURANCE GROUP LTD 46,046,385
WESTLOCK FORD 25,779
WESTMINSTER TOYOTA (MARATHON MOTORS INC)
44,255
WESTON M B COLLISION 43,469
WESTPRO PHYSIOTHERAPY (ADINA DIACONU PT) 30,357
WESTSHORE TOWING LTD 252,133
WESTSHORE WELLNESS 89,902
WESTSIDE PHYSIOTHERAPY (KELOWNA) 188,814
WESTSIDE PHYSIOTHERAPY AND HAND CLINIC 126,297
WESTWOOD HONDA (DICK IRWIN AUTOMOTIVE) 106,135
WESTWOOD PHYSIOTHERAPY CLINIC LTD 72,252
WESTWOOD TOTAL HEALTH 238,169
WHEATON CHEVROLET BUICK CADILLAC GMC LTD
2,065,651
WHEELER-HOMEMAKERS INSURANCE AGENCIES 136,952
WHISTLER GLASS LTD 288,700
WHISTLER PHYSIOTHERAPY (LIFEMARK HEALTH) 30,956
WHISTLER TOWING AND TRUCK REPAIR INC 34,536
WHITE KNIGHT AUTO RESCUE LTD 60,519
WHITE ROCK HONDA (KING GEORGE CARRIAGE) 88,481
WHITE ROCK MEDICAL ASSOCIATES 30,509
WHITE ROCK ORTHOPAEDIC & SPORTS PHYSIO 75,505
WHITE ROCK 16 AVE PHYSIO AND WELLNESS 379,384
WHITECOURT COLLISION CENTRE 25,527
WHITELAW TWINING 3,559,535
WHITFORD PHILIP 89,996
WHOLE BODY HEALTH AND WELLNESS 98,223
WHOLLY FIT WITH HOLLY SCHMIDT 66,814
WHYTE BARRY DR CHIROPRACTIC INC 29,075
WIGGINS PAUL DR CHIROPRACTOR INC 28,738
WILD MOUNTAIN CLINICAL COUNSELLING 49,661
WILDEWOOD HEALTH INC 248,519
WILDWOOD HEALTH AND PERFORMANCE 40,856
WILFRED LEONG INSURANCE AGENCIES LTD 127,597
WILHELMINA TOEWS RMT 25,991
WILLE DODGE CHRYSLER LTD 724,012
WILLIAM PARTON AGENCIES LTD 81,258
WILLIAMS ARTHUR D PHD APC 51,485
Insurance Corporation of British Columbia
152
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
WILLIAMS LAKE PHYSIOTHERAPY CLINIC 91,737
WILLIAMS MACHINERY LP 32,077
WILLIAMS MEADEN & MOORE INC 239,139
WILLIAMSON JAMES (CENTRAL REHABILITATION) 29,129
WILLIS CANADA INC 136,247
WILLOUGHBY MEDICAL CENTRE 27,190
WILLOW POINT COLLISION (TREDAL ENT LTD) 682,700
WILLOWBROOK CHIROPRACTIC (FREEDMAN CHIRO)
53,953
WILLOWBROOK COLLISION 2002 LTD 2,498,038
WILLY’S COLLISION (2005) LTD 1,111,989
WILSON KING AND COMPANY 242,005
WILSON M BECK INSURANCE SERVICES (KEL) 266,238
WILSON M BECK INSURANCE SERVICES (VICT) 101,946
WILSON M BECK INSURANCE SERVICES INC 572,549
WIND GLASS LTD 354,907
WINDWARD HEALTHCARE INC 446,240
WINFIELD HEAVY TRUCK & COLLISION REPAIRS 370,573
WINJACK SENIOR SERVICES INC 45,837
WINSTON PAUL DR MD INC 116,051
WINTON DERBY LAW CORPORATION 38,955
WOLFE MITSUBISHI (GDW AUTO GROUP LP) 81,452
WOLFE’S LANGLEY MAZDA 282,432
WOMB TO WINGS 60,854
WONG AND NG PHYSIOTHERAPIST CORP 36,903
WONG BENNY SAI BUN 158,563
WONG BRADLEY T RMT 33,215
WONG DR AND ASSOCIATES 195,804
WONG EDDIE W L DR INC 31,073
WONG JARED LIAM 34,247
WONG PETER K H DR 236,897
WONG’S INSURANCE SERVICES LTD 495,933
WOOD WHEATON CHEV CADILLAC BUICK GMC LTD
201,984
WOOD WHEATON HONDA (NISHACAI HLDGS INC)
197,183
WOODGROVE PINES WELLNESS CLINIC LTD 769,729
WOODLAND PHYSIOTHERAPY 97,337
WOOLFENDEN ANDREW MD INC 375,111
WORK SAFE BC 42,902
WORK TRUCK WEST 68,085
WORKABLE STEPS REHABILITATION 50,669
WORKERS’ COMPENSATION BOARD 1,652,052
WORKSHOP PERFORMANCE CLINIC INC (THE) 127,215
WORSLEY DANIEL F 42,451
WRIGHT ROBERT DBA THE WRIGHT FIX 35,965
WSP CANADA INC 29,317
WT BCA LLP 53,510
WU JOHN 61,513
WU YONG 162,768
WYANN HEALTH SOLUTIONS LTD 27,560
WYDEMAN BLAKE 26,538
XIN GUO 62,417
XIONG YING CHUN 45,695
XPERA RISK MITIGATION AND INVESTIGATION 1,504,646
XU LEIXIN 45,849
SUPPLIER NAME AMOUNTS
Y AND H WELLNESS CENTRE 74,869
YALETOWN HOLISTIC WELLNESS INC 297,035
YALETOWN MEDICAL CLINIC 27,564
YANGQI HEALING LTD 140,557
YEE INSURANCE SERVICES LTD 69,679
YELLOW CAB COMPANY LTD 292,170
YELLOWHEAD ROAD & BRIDGE FORT GEORGE LTD
509,758
YEUNG BILL DR 42,058
YIN GANGLIN 26,665
YING WAH AUTO SERVICES LTD 35,250
YIP BOBBY DR 31,582
YIP WILLIE DR 32,964
YOON CLINIC AND COMPANY INC 205,831
YOUNG HEALTH MANAGEMENT LTD 45,896
YOUNG WAI KIN 40,128
YOUNGMIN CHO 38,358
YOUR FAMILY FOOD MART LTD 223,809
YOUR REMEDY WELLNESS CENTRE INC 117,985
YU JANET JIE 52,089
YUAN YUAN 25,432
YUMA REGIONAL MEDICAL CENTRE 63,565
YUNHUI HARVEY HU 39,188
ZACHARIAS LORELEI JANICE 29,938
ZAK AND DECKER LAW 708,689
ZDRAZILOVA LENKA 27,920
ZEN NEEDLE ACUPUNCTURE 25,313
ZENK LAW CORPORATION 224,590
ZHANG JOHN HONG HOU 55,152
ZHANG LAN 78,102
ZHANG SHURONG 31,305
ZHANG THERESA XIAOBING 36,677
ZHANG WENSHU 27,334
ZHANG ZUOPING 64,310
ZHAO MICHAEL 35,674
ZHOU JUNQING 77,046
ZIGGY’S TOWING 176,874
ZIMMER AUTOSPORT LTD 33,628
ZIMMER WHEATON PONTIAC BUICK GMC LTD 1,739,925
ZIPRECRUITER INC 46,021
ZOHO CANADA CORPORATION 58,524
ZYBUTZ CHIROPRACTIC CORPORATION 117,677
ZZ CHROME MFG INC 50,626
07 GN AUTOBODY LIMITED 1,266,446
0804297 BC LTD 180,021
1 MORE REP ENTERPRISES INC 75,450
1A ADVANCED HOME HEALTH & NURSING CARE 55,641
1ST CHOICE MOBILITY PRODUCTS INC 28,484
1ST CLASS AUTO GLASS & UPHOLSTERY LTD 219,311
1ST TRAUMA SCENE CLEAN UP LTD 463,414
10 4 TOWING LTD 26,382
100 MILE GLASS LTD 58,637
100 MILE PHYSIOTHERAPY 50,886
1018412 BC LTD DBA SUSSEX INSURANCE 477,876
Statements and Schedules of Financial Information 2022/23
153
Amounts paid to suppliers for goods and services
for the year ended March 31, 2023
SUPPLIER NAME AMOUNTS
1025934 BC LTD 70,851
1034568 BC LTD DBA SUSSEX INSURANCE 672,720
1054413 BC LTD 30,440
1055944 BC LTD 26,684
1111348 BC LTD DBA INSURELINE BROKERS 316,971
1114940 BC LTD DBA SUSSEX INSURANCE 513,162
1127546 BC LTD 44,969
1153717 BC LTD 508,059
1170285 BC LTD DBA COMMUNITY INSURANCE 378,889
1189334 BC LTD 99,853
1229049 BC LTD DBA INSURELINE BROKERS 546,454
1235355 BC LTD DBA PERPETUAL INS SERVICES 150,374
1244140 BC LTD 1,353,562
1254014 BC LTD 108,405
1256892 BC LTD 31,669
1316354 BC LTD 3,333,164
1371645 BC LTD 45,229
1557 SERVICES LTD 62,263
20/20 AUTO GLASS (ABBOTSFORD) 913,133
2000 AUTOMOTIVE COLLISION 1,965,009
22 KEYS REPORTING 29,951
2202897 ALBERTA INC 26,460
24 HR COLLISION CENTER INC 3,674,807
24 7 AUTO COLLISION INC 70,178
24HR COLLISION CENTER SURREY INC 861,903
3D COLLISION 40,560
3SI RISK STRATEGIES INC 32,120
30 FORENSIC ENGINEERING 34,482
360 COLLISION CENTRES ABBOTSFORD 3,460,398
4 U AUTO CARE INC 76,046
466824 BC LTD DBA B & W INSURANCE 1,806,431
485975 BC LTD DBA SUSSEX INSURANCE 470,198
5 STAR TOWING INC 75,817
SUPPLIER NAME AMOUNTS
5 STAR TRUCK AND TRAILER REPAIR LTD 138,618
556774 BC LTD DBA SUSSEX INSURANCE 490,899
610728 BC LTD DBA SUSSEX INSURANCE 737,790
671946 BC LTD 25,207
677891 BC LTD DBA SUSSEX INSURANCE 479,353
695668 BC LTD DBA CITY CENTER INSURANCE 591,397
767147 BC LTD DBA SUSSEX INSURANCE 309,324
816751 BC LTD DBA SUSSEX INSURANCE 464,665
846589 BC LTD DBA SUSSEX INSURANCE 413,685
851765 BC LTD DBA SUSSEX INSURANCE 654,819
852773 BC LTD DBA SUSSEX INSURANCE 497,901
856028 BC LTD DBA SUSSEX INSURANCE 654,317
863981 BC LTD DBA SUSSEX INSURANCE 335,799
886324 BC LTD DBA SUSSEX INSURANCE 645,711
910 GOVERNMENT HOLDINGS LTD 2,258,700
913364 BC LTD DBA SUSSEX INSURANCE 1,157,723
913365 BC LTD DBA SUSSEX INSURANCE 279,644
913367 BC LTD DBA SUSSEX INSURANCE 957,734
923450 BC LTD DBA SUSSEX INSURANCE 357,780
925218 BC LTD DBA SUSSEX INSURANCE 762,644
930810 BC LTD 181,250
944048 BC LTD DBA SUSSEX INSURANCE 758,194
953121 BC LTD DBA SUSSEX INSURANCE 931,439
965687 BC LTD DBA SUSSEX INSURANCE 2,100,179
971924 BC LTD DBA SUSSEX INSURANCE 624,340
978173 BC LTD DBA SUSSEX INSURANCE 301,186
990645 BC LTD DBA SUSSEX INSURANCE 1,900,953
994768 BC LTD DBA SUSSEX INSURANCE 704,204
TOTAL FOR OVER $25,000 $
3,932,532,464
OTHERS UNDER $25,000 $
62,554,801
GRAND TOTAL $
3,995,087,265
Insurance Corporation of British Columbia
154
Plaintiff Firm Payments¹
for the year ended March 31, 2023
(in $ Millions)
PLAINTIFF LAW FIRM
PLAINTIFF COSTS &
DISBURSEMENTS
2
IN-TRUST SETTLEMENT
PAYMENTS
3
TOTAL PAID TO
PLAINTIFF FIRM
4
MURPHY BATTISTA LLP
8 107 115
SLATER VECCHIO LLP
10 77 87
PRESZLER INJURY LAWYER
7 60 67
KAZLAW INJURY LAWYERS
7 57 64
RICE HARBUT ELLIOTT LLP
4 48 52
COLLETTE PARSONS CORRIN LLP
5 45 50
MCCOMB WITTEN MARCOUX
5 33 38
BRIJ MOHAN & ASSOCIATES
5 33 38
SIMPSON THOMAS & ASSOCIATES
4 32 36
KLEIN LAWYERS LLP
3 32 35
WATSON GOEPEL LLP
3 31 34
MUSSIO GOODMAN
4 25 29
HAMMERCO LAWYERS LLP
3 22 25
COLLINS PETERSON LLP
2 21 23
LINDSAY KENNEY LLP
2 17 19
STEPHENS & HOLMAN LLP
2 16 18
VIRSA LAW GROUP LLP 1 17 18
ZACHARIAS VICKERS LLP
2 15 17
MACISAAC & COMPANY 2 14 16
KANE SHANNON WEILER LLP 2 13 15
WHITELAW TWINING LAW CORPORATION 2 13 15
BRONSON JONES GRAY & COMPANY LLP 1 14 15
WARNETT HALLEN LLP 2 13 15
ACHESON SWEENEY FOLEY SAHOTA LLP 2 13 15
DINNING HUNTER JACKSON LAW 1 13 14
METROTOWN LAW GROUP 2 12 14
JOHNSTON FRANKLIN BISHOP 1 12 13
NIXON WENGER LLP 1 12 13
WALIA LAW GROUP 2 11 13
COWLEY & COMPANY 1 11 12
MCQUARRIE HUNTER LLP 2 10 12
LEAGUE & WILLIAMS LAW CORPORATION 1 11 12
MARYN LAW INJURY LAWYERS 1 10 11
JIWA LAW CORPORATION 2 9 11
RDM LAWYERS LLP 1 9 10
DIAMOND AND DIAMOND LAWYERS LLP 1 9 10
LACROIX MATHERS 2 8 10
SPRAGGS LAW CORPORATION 2 8 10
TOTAL FOR OVER $10 million $ 108 913 1,021
TOTAL FOR UNDER $10 million $ 73 681 754
GRAND TOTAL $ 181 1,594 1,775
Notes:
1
Information provided is based on Payment Date recorded where the law firm is acting as Plaintiff Counsel and includes only amounts
where the law firm is the Payee or Payee (in trust), and includes all payments for all claims coverages, for all open and closed claims.
Amounts paid directly to claimants or other third party service providers are not included in the table above.
2
Plaintiff Costs and Disbursements include sales taxes.
3
In-Trust Settlement Payments include amounts paid to Plaintiff Firm on behalf of claimants. A portion of the Settlement Payments is
retained by firms as part of their fees and costs for legal services.
4
Payments made to law firms when acting on behalf of ICBC as defense counsel are not included in the table above.
ACG365 (092023)
