The Insurance Corporation of BC (ICBC) has provided the City of Vancouver with $930,000 in funding to help the municipality overhaul the safety of its street networks.
Although claims costs continue to rise in the province, ICBC road safety director Lindsay Matthews said that the insurer’s ongoing road improvement program is generating positive results, with fewer crashes and injuries recorded at improved road sections.
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ICBC said that all proposed road improvement projects are carefully assessed as to if they can make roads safer. The process is based on information that includes claims data, municipal and Ministry of Transportation data, engineering studies and police data.
According to Vancouver city officials, it will prioritize the improvement of the Knight and Marine Interchange and the Burrard and Pacific intersection, saying that both sections had the highest rates of vehicle-to-vehicle collisions in the city.
Other planned improvements include:
- 25 intersections to receive increased street lights.
- Five flashing beacons to be located adjacent to schools.
- 130 new curb ramps.
- 10 uninterrupted power supply units at signal lights in case of power outage.
CBC reported that the ICBC spent a total of $9 million across the province on road safety projects last year. The insurer is still assessing other projects throughout the province for this year.
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