02-04-2019 15:54 via vancouversun.com

B.C. Ferries commissioner proposes five-year fare-increase cap of 2.3%

A preliminary decision by the Office of the B.C. Ferries Commissioner would cap annual ferry fare hikes at 2.3 per cent for five years starting in 2020.
The ferries commissioner’s office said a maximum yearly fare increase of 2.3 per cent is based on total operating expenses increasing at, or just above, the rate of inflation.
At the same time, commissioner Sheldon Stoilen expects the trend of increased ferry traffic will level off by next year.
The proposed price cap covers April 1, 2020
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