The British Columbia Ferry Commission has set a price cap on ferry fare increases of 9.2 per cent for each of the next four years.
However, both the transportation minister and B.C. Ferries say the commissioner didn’t factor in the recent $500-million provincial government contribution meant to keep rates more affordable.
Commissioner Eva Hage said in a statement that her preliminary decision considers B.C. Ferries’ labour difficulties, high inflation including rising fuel prices, and an aging fleet of vessels. She acknowledged her decision doesn’t take into account the recent $500-million announcement by the province, but it will be considered before she finalizes the price cap on Sept. 30.
In response to the statement, Transportation
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