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Ferry fares to increase by 20 per cent and more -- unless government intervenes
http://communities.canada.com/va ... fare-increases.aspx
Ferry fares to increase by 20 per cent and more -- unless government intervenes
By VAUGHN PALMER 4 FEB 2011 COMMENTS(15) VIEW FROM THE LEDGE
B.C. Ferries are headed for hefty fare increases over the next four years -- up to 20 per cent on the major routes, 50 per cent on the minor ones, better than doubling in the north -- unless the provincial government agrees to reduce service levels or increase the annual subsidy to the ferries.
So says ferries CEO David Hahn, extrapolating from submissions from the ferry corporation now being reviewed by the independent ferry commissioner.
The commissioner will issue a preliminary finding on the submissions at the end of March, giving his reading of the increases that will be necessary to keep the ferry books in balance and maintain current operations and service levels.
The ball is then in the government court, to either accept the increases, waive contracted service levels on some routes, or boost the annual subsidy for the ferries beyond the current roughly $150 million.
Hahn reckons that a $25 million would be necessary to scale back the increases to a more easy to digest level for ferry travellers.
[full article at above link] |
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