NEWS RELEASE

Reform BC Annual General Meeting

September 29, 2002

FOR IMMEDIATE RELEASE

Members of the Reform Party of British Columbia, at their Annual General Meeting held this weekend, voted on policy directions to be included in their Foundation for Reform, some of which are the following:

1.10 Political Donations

A Reform Government would follow the lead set out by the Manitoba Government to outright ban corporations, associations, trade unions and other organizations from giving money to political parties. Currently under the Elections Act, individuals living in British Columbia for at least 6 months prior to a vote and who are a Canadian citizen 18 years of age or older are the only ones allowed to vote; therefore the BC government should be empowered by the electorate, not by political donations made by non-voting entities.

3.05 Financial Statements

A Reform government will undertake to regulate proper accounting methods for both the government and public business sector. Corporate executives and directors must and will be held accountable for their actions.

4.03 Fisheries

A Reform government would reinstate a moratorium on coastal fish farms until a satisfactory solution is found.

4.10 Crown Corporations

A Reform government, by way of Crown Corporations, would continue to protect the resources and core assets of the province for the people in the province. For example:

BC Hydro would provide businesses and individuals with the lowest rates possible while encouraging private development of new energy by way of downstream benefits, wind power, etc. for local use with excess energy sold back to the province at fair market value.

The Insurance Corporation of British Columbia would control the underwriting of motor vehicle insurance while allowing for the direct sale of insurance by independent private agencies.

BC Rail, as the only railway linking the province from south to north, would remain a Crown Corporation.

Allowing for private monopolies is not in the best interest of all British Columbians.

7.04 Kyoto Provincial Responsibilities

Reform BC believes in improving the environment but rejects the federal government's approach to meeting Kyoto protocol standards. Reform BC believes that a made-in-BC approach would provide cost efficiencies and greater real environmental results for British Columbia.

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For More Information contact:

Ron Gamble, President: 604-980-7779
PO Box 466, Surrey Main
Surrey, BC V3T 5B7