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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Jul 11, 2000
Page
10
The ICBC senior executives approved average raises of 34.5 percent, while non management staff face 0 6 and 2 percent increases. Critics condemn the moves as evidence of a Victoria government out of control and sparking caucus discontent and potential revolt.
The piece details 37 percent and 80 percent pay hikes for ICBC executives including CEO Thom Thompson and investment manager Tom Ball after consulting reviews. It cites Labour Minister Joy MacPhail and Finance Minister Paul Ramsey criticizing the process, while noting proposed raises may persist. It discusses ICBC's governance, past policy actions, and public concern over performance and customer satisfaction.
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