Vehicles line up to board B.C. Ferries sailing at Tsawwassen. (Black Press Media)

B.C. Ferries Commissioner proposes 2.3% limit on fare increases

Public can comment on price cap until June 30

Moderate inflation and saving fuel costs with liquefied natural gas should allow B.C. Ferries to keep its annual fare increases to a maximum of 2.3 per cent in the next five years, B.C. Ferries Commissioner Sheldon Stoilen has recommended.

The regulator for B.C.’s coastal ferry service has until September to set the final rate cap, and public input is being accepted until June 30. Submissions can be emailed info@bcferrycommission.ca or mailed to Office of the B.C. ferry Commissioner, P.O. Box 9279, Victoria B.C. V8W 9J7.

The new cap replaces the 1.9 per cent cap, which B.C. Ferries did not reach in fare increases during the past five-year performance term.

READ MORE: Most of restored B.C. Ferries sailings begin April 1

B.C. Ferries is showing cost savings from converting vessels to dual-fuel so they can run on liquefied natural gas rather than more expensive diesel, and has seen increased traffic, which the commissioner expects will level off in the years ahead. Vehicle traffic increased 2.9 per cent in the passenger traffic increased by 1.7 per cent in the 2017 fiscal year, breaking a record set in 2008, and there were further traffic increases in 2018.

Increases in B.C.’s carbon tax, the latest of which took effect Monday, are expected to cost B.C. Ferries $19.8 million more over the next five years.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC legislature

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberni Valley fire departments hold car wash to raise funds for Wounded Warriors Run

Come out Feb. 22 from 11 a.m. to 4 p.m. to learn more about the run

67th year for Port Alberni’s men’s open bonspiel

Public is welcome to cheer on teams throughout the weekend

Alberni Valley residents vent anger over proposed Beaver Creek cannabis project

Alberni-Clayoquot Regional District grapples with limited authority to restrict operations

Paper Excellence, owner of Crofton mill, hit by malware

Paper production in Crofton, and other mills, impacted by incident

B.C. NDP’s throne speech speaks of benefits to B.C., says MLA Scott Fraser

Fraser agrees to meet with Wet’suwet’en hereditary chiefs over pipeline

VIDEO: B.C. senior recalls ‘crazy’ wartime decision to grab bear cub from den

Henry Martens – now 96 – says he was lucky to be alive after youthful decision to enter a bear’s den

B.C., Ottawa sign sweeping 30-year deal for northern caribou habitat

West Moberly, Saulteau co-manage new protection on two million acres

Eyes on police after Trudeau orders blockades torn down, injunctions enforced

The RCMP in B.C. have sent a letter to the traditional leaders of the Wet’suwet’en Nation

B.C. massage therapist suspended following allegations of sexual misconduct

While suspended, Leonard Krekic is not entitled to practice as an RMT in B.C.

Cheapest in B.C.: Penticton gas prices dip below $1 per litre

Two stores in Penticton have gas below a dollar.

Loans or gifts? Judge rules woman must pay B.C. man back $7K

B.C. judge rules that woman must pay back more than $7,000 in advanced funds to man

VIDEO: Outpouring of worldwide support for bullied Australian boy

Australian actor Hugh Jackman said ‘you are stronger than you know, mate’

‘A horror show:’ Ex-employee shares experience at problematic Chilliwack seniors’ home

Workers are paid below industry standard at all Retirement Concepts facilities

Forest industry protests northern B.C. caribou protection deal

B.C. Mining Association supports federal-Indigenous plan

Most Read