BC Ferry commissioner proposes up to 9.2 per cent fare hike, final number on Sept. 30
The British Columbia Ferry Commission has announced its preliminary decision on ferry fare increases that if finalized would be up to a maximum of 9.2 per cent for each of the next four years.
The commission says that a final decision that would take into account recently announced additional provincial funding of $500 million will be confirmed on Sept. 30.
Commissioner Eva Hage says in a statement that her preliminary decision considers BC Ferries' labour difficulties, high inflation including rising fuel prices, and an aging fleet of vessels.
Transportation Minister Rob Fleming says in a response to the statement that he wants to assure those who use the coastal ferry service that the goal is to hold the annual fare increase to three per cent.
Ferries president Nicolas Jimenez also assured customers, employees and partners in a statement, saying a final rate increase will factor in the $500-million government investment and the average annual increase will be in the three per cent range.
Hage says the higher price cap in her preliminary decision is contingent on BC Ferries identifying $10 million in operating cost savings over the four-year term.
“The corporation must demonstrate good fiscal management and find a solid footing in which expenses align with revenues. To that end, we are requiring BC Ferries to provide us with a plan that sets out the steps it will take, in consultation with the province, to ensure a financially sustainable, safe, reliable and affordable ferry system over the long term.”
Jimenez says BC Ferries has an ambitious capital plan to invest billions in new ships, terminal upgrades, improvement in technologies and service enhancements.
“Those who travel with us deserve a service that keeps pace with growing demand and aging assets. The 12-year plan is in its early stages of development, and it's entirely natural that a program of this size and complexity will evolve and adjust over time.”
This report by The Canadian Press was first published March 31, 2023.
CTVNews.ca Top Stories
BREAKING | 4 children discovered unresponsive on Quebec shoreline
Four children were found unresponsive on a shoreline in Portneuf-sur-Mer, Que. on Saturday after they were swept away by the tide in a fishing incident. One man is still missing, while six other people were rescued.

Antipsychotic drugs use increased in Canadian long-term care homes, pointing to possible quality-of-care issues: study
New study finds increase in antipsychotic drugs use in long-term care homes across Canada, despite no significant increase in behavioural symptoms – something that may expose a potential area of concern for quality of care, researchers say.
More than 5,000 new species discovered at future deep-sea mining site in Pacific Ocean
More than 5,000 new species have been discovered at an expansive future deep-sea mining site in the Pacific Ocean.
Here's what Nova Scotia's wildfires look like from outer space
Photos released by NASA taken from International Space Station show the immense scale of the wildfires in Nova Scotia, with billowing smoke engulfing the landscape.
Notorious serial killer Paul Bernardo moved to medium-security prison in Quebec
Notorious serial rapist and killer Paul Bernardo was moved to a medium-security prison in Quebec this week.
Special rapporteur David Johnston’s office hired crisis communications firm Navigator
Special rapporteur David Johnston has hired crisis communications firm Navigator, his office confirmed on Friday.
Air Canada should face more consequences after two disruptions in a week, consumer advocate says
An airline consumer advocate says Air Canada should face tougher consequences for stranding passengers after two disruptions in a week.
Canada's 'unprecedented' fire season linked to climate change, will be the new normal: scientists
At the moment, wildfires are burning across six provinces and one territory in Canada — and they’re still spreading in what’s being called an unprecedented fire season. While firefighters work tirelessly to battle the merciless flames and prevent further destruction, scientists say the wildfires are linked to climate change and that this will be the new normal.
'Utterly disgusting': Canadian Army sergeant fined for 'anti-Jewish' comments
A 38-year-old sergeant in the Canadian Army was fined $3,000 and issued a severe reprimand after he made what a military judge described as 'utterly disgusting' anti-Jewish comments while conducting an infantry training course in 2021.