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.

Just Posted

Phillip Tallio’s lawyer hopeful for bail at next hearing

Tallio has spent more than 36 years in jail for a murder he says he didn’t commit

B.C. oil tanker ban squeaks through final vote in Senate

Bill C-48 bars oil tankers from loading at ports on B.C’s north coast

Carey Price brings young fan to tears after surprising him at NHL Awards banquet

Anderson Whitehead first met his hockey idol after his mother died of cancer

Protesters rally in Victoria over newly approved Trans Mountain pipeline

The Still No Consent! No Trans Mountain! 20 kilometre march will end at Island View Beach

Wildfire burning in coastal forest

A fire beside the Sea to Sky Highway is burning up a steep slope

PHOTOS: Event marks one year since soccer team rescued from Thai cave

Nine players and coach took part in marathon and bike event to help improve conditions at cave

Rock climber dies after fall at Stawamus Chief in Squamish

The man had fallen about 30 metres while climbing in the Grand Wall area

Five B.C. students taken to hospital after playing with vaping device

School district said students were taken to hospital ‘out of an abundance of caution’

Being a pot dealer is not what it used to be

Sunday Big Read: the business of selling marijuana in B.C. is a slow bureaucratic slog

VIDEO: Two more pride flags have been stolen from Langley woman

Lisa Ebenal was “angry” and “fed up” after the latest theft. Then people started showing suppport

B.C. couple who has raised 58 children turns to community amid cancer diagnosis

Family who raised, fostered and adopted many kids hoping to gain some precious together time to fight cancer

Canucks acquire forward J.T. Miller from Lightning

J.T. Miller, 26, had 13 goals and 34 assists for the Lightning last season

Most Read