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B.C. College of Veterinarians says it will go broke if it can't raise fees
The college faces a $1.2 million deficit from inflation and increased regulation costs, with veterinarians voting on a fee hike to avoid insolvency by May 2026.
- The regulatory body overseeing veterinary medicine in B.C. has indicated it will face insolvency by May 2026 unless it increases annual fees charged to practitioners.
- Since 2011, the fee has stayed fixed at $1,395 despite inflation driving up costs, and members have consistently rejected proposals to increase it.
- The college's 2023/24 annual report described record demands, including complaints and emergency responses, while its budget deficit reached $1.2 million by the end of 2024.
- CEO Christine Arnold indicated that the college is seeking to have the fee increase approved through a ministerial directive, along with a legislative amendment to eliminate voting requirements related to fees.
- The ministry advised the college to hold a vote by August 29 on increasing fees to $1,900 and awaits the referendum results before further actions.
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Leaning Left13Leaning Right0Center0Last UpdatedBias Distribution100% Left
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