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

South Okanagan pays it forward to BC Wildfire Service firefighters

Community members thank Eagle Bluff firefighters through Tim Hortons donations

Penticton students receive over $46,000 in bursaries

Twenty-two students will receive the Community Foundation bursaries for the 2019 school-year

Lake-to-lake cycling route to be discussed at Pedal Penticton

City staff to discuss the route but there will also be a number of exhibits for attendees to explore

The Offspring and Sum41 ready to rock Penticton

The Offspring and Sum 41 will stop in Penticton to the South Okanagan Events Centre

Motorcyclist involved in Westside Road crash

Air ambulance assists while motorists face lengthy delays

Knife-wielding man tries to break into Okanagan retirement home

Seniors and staff shaken by incident and upset with RCMP response

Suspicious item forces 47 to evacuate plane at Kelowna airport

Kelowna RCMP continue investigation of suspicious item on airplane

Kelowna man nearly drowns on Okanagan Lake

The victim is in serious yet stable condition but his condition has worsened since going to hospital

Okanagan youth protest Tolko logging

Small group gathers outside Tolko head office

Kelowna International Airport threat deemed non-credible

Normal operations have resumed following note of a suspicious item on board a WestJet plane

Okanagan bus driver assaulted for asking patron not to smoke

59-year-old in hospital with non-life threatening injuries

B.C. sets rules for ride hailing, same minimum fee as taxis

Larger operating areas seen as threat by cab companies

Editorial: Troubling aspect of speed cameras

There are troubling aspects to this new provincial-government program

Most Read