Login / RegisterNew ICBC chair Paul Taylor is Gordon Campbell's former chief of staff
The Insurance Corporation of British Columbia has a new chair.
Today (July 3), Premier Christy Clark's B.C. Liberal government announced it has appointed Paul Taylor to the post for a term of 12 to 18 months.
Taylor was the chief of staff to Gordon Campbell in the dying days of the former premier's tenure in Victoria.
His appointment to that job was announced on October 25, 2010. Campbell announced his resignation on November 3, 2010.
Taylor has also served as B.C. deputy minister of finance and secretary to the Treasury Board, and president and CEO of ICBC.
According to a news release from the B.C. Ministry of Finance, Taylor has requested that he not be paid for his work as ICBC chair "as part of his commitment to community volunteer service".
However, Taylor will be compensated for expenses.
ICBC had been without a chair since January, when Nancy McKinstry resigned from the position.
According to the ministry's release, a government review of the Crown corporation is expected to deliver a report "before the fall".
You can follow Stephen Hui on Twitter, Facebook, and Pinterest.
Deputy Minister and
Secretary to Treasury Board
Ministry of Finance
------------
British Columbia Railway Company — BC Rail's forecast for 2003 includes a gain on sale of parts of its marine division. Excluding the gain, BC Rail's forecast net income is $29 million for 2003/04, down $23 million from the 2003/04 projection in last year's fiscal plan. The forecast reflects the loss of all northeast coal traffic, which historically accounted for approximately 19 per cent of BC Rail's freight revenue base.
In response to a core program review, BC Rail will focus on its remaining freight business, maintaining profitability through productivity improvements. BC Rail remains vulnerable to the U.S. lumber market as most of its freight customers are sawmills selling into that market.