The proposal to increase prices is driven by several factors.

• We anticipate costs for our insurance to rise this year due to loss development from prior years (previous claims that have been finalized in 2026). Since 2019, Cycling BC members have made over 400 claims to our insurance program, which has paid out over $1.3 million dollars to cover medical expenses for cycling-related injuries, including some catastrophic cases. While we hope no one has to use this coverage, we are grateful it’s there when it’s needed most. It offers exceptional value, helping riders recover and get back on their bikes, and gives peace of mind to everyone who contributes to our sport, from club volunteers and ride leaders to race organizers and coaches.
• Our Cycling Canada affiliation fees increased from 3% to 5% –this is the portion of our members’ fees we pay to Cycling Canada to support national programs and initiatives.
• While donations and sponsorships are in development and launching in November, Cycling BC remains in a strong position to move forward. We’re addressing this proactively through our 2026-2027 Fundraising and Sponsorship programs and by welcoming assistance from those who can help us with expanding partnerships and creating new opportunities to support our community.
• Fees support our operations and the fulfillment of our 2025-2028 Strategic Plan. We report quarterly on our progress against each strategic pillar and actions that help us get closer to achieving our goals. In the long run, the strategic plan calls for greater revenue diversification beyond membership fees. In the short run, we need revenues to kick-start implementation of the plan and start moving towards the goals it lays out.

Cycling BC has implemented significant cost-reduction measures over the past two years, including,

• Reducing staff headcount
• Ending the lease on its Burnaby office
• Selling off assets, including a van, trailers and bikes

We have also strengthened financial oversight, including having our Fractional CFO contractor assist with budgeting, forecasts, and financial reporting; quarterly meetings of the Finance and Audit Committee, and more frequent and detailed financial reporting to the Board and staff.

Improved financial reporting provides staff with clear accountability to manage costs, optimize resources to support operations, and identify pathways or other strategic opportunities to invest with purpose and transparency.

Increasing efforts to build fundraising and sponsorship will be expanded in 2027 to help reverse declining revenues.

Yes. In an effort to encourage members to sign up early, Cycling BC will offer an EARLY BIRD DISCOUNT on 2027 memberships and sell them at 2026 prices until December 31, 2026, if the membership votes to approve the %5 increase in membership fees for 2026. Starting January 1, 2027, the new 2027 membership prices will take effect.

Cycling BC’s audited annual financial statements (independently audited by a CPA firm) are made available to the membership and can be found on the Cycling BC website at https://cyclingbc.net/about/official-documents/ under the ‘Financial Statements’ tab.

Several factors affect pricing from one PSO to another. Services and programs offered vary from province to province. Some provinces do not include 24/7 accident insurance or charge for it separately, or have different limits or coverage. The usage of insurance by our members, along with the amounts claimed, also affects our insurance costs. Membership size, administrative costs, events, staff, regional costs, etc., also vary, affecting the overall budgets of each provincial organization.

The BC Societies Act requires that we hold our Annual General Meeting within six months after our fiscal year-end of December 31. The current insurance market is volatile, so we cannot get even a preliminary sense of next year’s insurance costs until late in the year (we still don’t have a final insurance quote, though we have some understanding of what to expect). To make it easier for members to participate in setting fees, a motion was passed at the June 2024 AGM to amend our bylaws to allow members to vote electronically on membership fees rather than voting at a general meeting.

Please send any questions for the Board to board@cyclingbc.net

No, club and team affiliation fees will remain at $225.

Cycling BC has made significant progress in strengthening its operations and delivering quality programs for members, but maintaining that progress requires careful resourcing. The proposed fee adjustment helps ensure we can continue providing the services, programs, and support our community depends on.

If the proposed fees are not approved, the organization will have to hold another fees vote to establish what the fees will be for 2027, delaying membership sales, and will face difficult decisions about how to balance the budget. This could include reducing staff capacity or member programs and services. These measures would help us remain financially responsible, but could limit our ability to deliver the same level of support, events, and development opportunities across the province.

By voting in favour of the adjustment, members help protect the programs, people, and infrastructure that keep cycling strong in BC.

Please visit our Cycling BC insurance webpage for detailed information about the insurance included with your Cycling BC membership.