MSP Premiums
Medical Services Premium rates will rise four per cent, up $33 for individuals, $60 for families of two, and $66 for families of three or more per year.
In B.C., premiums are payable for MSP coverage and are based on family size and income. Effective January 1, 2015, monthly rates are $72.00 for one person, $130.50 for a family of two and $144.00 for a family of three or more. From January 1, 2014, to December 31, 2014 monthly rates are $69.25 for one person, $125.50 for a family of two and $138.50 for a family of three or more.
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BC Hydro electricity rates will rise six per cent on April 1, approximately $72 for the average home, part of a 28 per cent rate hike over five years approved by the government.
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ICBC is ending its AirCare program, but basic auto insurance will rise $36 for the average car.
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Residents of Metro Vancouver will also get a chance to vote this spring on a new transit sales tax of 0.5 per cent. It is estimated the new tax would cost the average Metro Vancouver household $258.
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