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The original purpose of ICBC was to provide universal and affordable compulsory public auto insurance in British Columbia by operating on a non-profit basis. [3] [4] However, in March 2010, Christy Clark's BC Liberal government announced that it would require ICBC to pay the province dividends totaling some $778 million over three years, thus signaling the end of ICBC's operation as a non ...
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ICBC was Trump Tower's largest office tenant as of 2012. [29] By October 2020, Donald Trump received $5.4 million from ICBC via the Trump Tower lease. [30] In June 2009, ICBC spent 80.25 million Canadian dollars (US$58.53 million) to acquire a 70% stake in the Bank of East Asia (BEA). [31]
By 1905 more space was needed and a second factory was established on a site at Woodbridge Hill, about a mile north of the town. 1908 saw the first Dennis fire engine leave the Bridge Street works. By 1913 all production had transferred to Woodbridge Hill but Bridge Street continued in use as the company offices and a commercial car servicing ...