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
![](https://www.ctvnews.ca/polopoly_fs/1.6973063.1721671746!/httpImage/image.jpg_gen/derivatives/landscape_800/image.jpg)
Kamala Harris endorsement excites Democrats, but what could it mean for Canada?
U.S. President Joe Biden's endorsement of Vice-President Kamala Harris as his possible replacement stirred excitement among Democrats, but one analyst has concerns about what a potential Harris presidency would mean for Canada.
Four suicides in New Zealand linked to Ontario's Kenneth Law
New Zealand's coroner has ruled that four of its citizens died after ordering products from an Ontario man who is facing murder charges for selling poisonous substances.
These are the four leading vice-presidential picks for Kamala Harris' campaign
No one knows the importance of selecting the right running mate better than Vice President Kamala Harris.
Do you want to be happier? Here are 5 habits to adopt
If you look around at your friends and family — and even at yourself — it is apparent that some people perceive the glass to be half full, while others view it as half empty. Which habits can you adopt to increase your level of happiness? A social psychologist has these five tips.
Caught in 4K: Sask. men charged after poaching revealed in YouTube video
Two men in northern Saskatchewan were recently found guilty of multiple hunting violations after authorities discovered a YouTube video showing the crimes.
Police identify body of man who washed ashore on Nova Scotia's Sable Island
Nova Scotia RCMP has identified one of the bodies found on Sable Island earlier this month.
Toronto woman charged with voyeurism after taking 'intimate' photos during massage: police
A Toronto woman who allegedly took 'intimate' photos of an individual who was getting a massage has been charged with voyeurism, police say.
U.S. drops planned regulations for dogs crossing border from rabies-free countries
The U.S. Centers for Disease Control will not require onerous forms for dog owners crossing the border from Canada this summer.
'We failed,' says Secret Service director grilled on Trump assassination attempt
Secret Service Director Kimberly Cheatle said Monday that her agency failed in its mission to protect former President Donald Trump during a highly contentious congressional hearing with lawmakers of both major political parties demanding she resign over security failures that allowed a gunman to scale a roof and open fire at a campaign rally.