Ganesh Ranganathan
Member
In addition to the funding BCIS gets from the government. On March 2003 they received 540,000 total applications. Let us say BCIS gets an average of 500,000 applications a month. Say roughly each application is charged a fee of $120 (a low number). BCIS would make $720 million in an year.
Last year they made $120 million in premium processing alone for the last 6 months of 2002. Let us say they make the same amount this year $240. Say the revenues approx. approach $1 billion.
I wish a part of that money could be used to hire more officers to adjudicate.
Last year they made $120 million in premium processing alone for the last 6 months of 2002. Let us say they make the same amount this year $240. Say the revenues approx. approach $1 billion.
I wish a part of that money could be used to hire more officers to adjudicate.