Ferry fares’ ripple effect hurts economy: study

Ridership is down across the BC Ferries fleet, and a report for local governments argues that fares have risen too far

Coastal class ferries at Swartz Bay on Vancouver Island. Ridership is down across the BC Ferries fleet

Rising ferry fares and declining traffic are costing the economy millions more than the revenues accruing to BC Ferries, according to a study prepared for discussion at this month’s local government convention.

Based on what it is calling the first ever “socio-economic” study of ferry use and costs, the Union of B.C. Municipalities executive is recommending the province reverse its November 2013 decision to continue raising ferry rates beyond the rate of inflation.

The report refers to passenger declines of 20 to 40 per cent on northern routes, 10 to 20 per cent on minor routes and five to eight per cent on major routes. The report finds that “ferry ridership declines run counter to the trend of transportation volume increases in most other modes of transport in B.C., including vehicle and air transport.”

The report estimates that if fare increases had been kept to the rate of inflation, passenger volumes would have grown by 19 per cent over the past decade, adding $2.3 billion to the province’s gross domestic product.

Transportation Minister Todd Stone and previous ministers have argued that ridership declines have been seen on Interior ferries that charge no fares, and on other travel affected by rising fuel prices.

The UBCM wants the provincial government to take a “pause” in rate increases set by B.C. Ferry Commissioner Gord Macatee.

Current rate caps allow for maximum increases of four per cent this year and 3.9 per cent in 2015.

The UBCM membership will debate the report and recommendations at its annual convention in Whistler Sept. 24.

Just Posted

ARTS AROUND: Last week for Mistletoe Market at Port Alberni gallery

Mistletoe Market is a showcase for more than 75 local artists, artisans and crafters

West Coast General Hospital Auxiliary donates $150K to hospital

Successful year for Attic Thrift Store and hospital gift shop

BCHL: Bulldogs split weekend games with Victoria, Nanaimo

Austin Spiridakis scores on the penalty shot for Saturday win

Huu-ay-aht First Nations purchases interest in Western Forest Products

Western Forest Products has sold ownership interest in its Port Alberni forest… Continue reading

VIDEO: Ex-NASA engineer pranks mail thieves with glitter bomb trap

Package thefts are common this time of year, but YouTuber Mark Rober used his engineering skills

Lightning top Canucks 5-2 in feisty battle

NHL’s No. 1 team too much for Vancouver

Bear cubs try to take Vancouver Island woman’s Christmas cookies

Incident happened in the early-morning hours today, Dec. 18, in Nanaimo

FortisBC says you can return to normal gas use following pipeline fire

Utility says increased pipeline capacity, warmer weather have allowed supply to reach normal levels

CSIS collected info on peaceful groups, but only in pursuit of threats: watchdog

Security Intelligence Review Committee says fears unjustified after reviewing evidence, testimony

Canada ranks 16th on annual gender gap list

This is the second year Canada has placed 16th in the World Economic Forum’s list

VIDEO: Tornado rips through city west of Seattle

Reports indicate five to seven homes damaged in Port Orchard, Wash.

Trial date postponed for man charged with killing Abbotsford police officer

Oscar Arfmann’s trial pushed back from January to May 2019

Privacy watchdog says legal cannabis buyers should use cash, not credit

Some countries could bar entry to individuals if they know they have purchased cannabis

Most Read