BC Ferries fares will continue to rise for the next 4 years, but there is some good news this morning.
Commissioner Gord Macatee has set the maximum price caps for the next four years at 1.9% per year.
While still an increase, it’s not as bad as the average increase of 4% for each of the last three years.
Macatee credits both BC Ferries and the provincial government for lowering administrative costs, increasing efficiency, and bringing in capital projects on time and on budget.
Fares are set to rise by 3.9% on April 1.
Today’s ruling is just preliminary. The public can comment until June 30, and the final fare caps will be set in September.
“I was very pleased to see it’s within the rate of inflation,” says Alison Morse with the Bowen Island Transportation Advisory Committee. “I was expecting something much higher.”
But Jim Abram, chair of the Strathcona Regional District, says any ferry hike is bad news.
“It’s not good news other than the fact it could have been worse.”
Abrams wants to see BC Ferries managed as a highway by the transportation ministry.