BC Ferries has announced that for the first time in 13 years the cost of riding a ferry will not increase this spring
While the company will actually be increasing fares April first for vehicles and passengers by 1.9 per cent, the fuel “rebate” will also increase.
That effectively cancels out the fare hike.
That means you will pay the exact same to ride the ferry as you do now.
Dennis Dodo is the Chief Financial Officer for BC Ferries.
“Right now the price of oil is at a historic low. And with what’s happening between demand and supply of oil, we’re confident that customers will continue to see this benefit for quite some time.”
BC Ferries says the cost of reservations will also remain the same after April 1st.
While some may argue fares should be going down instead of saying the same, the company says it needs to replace one ship per year for the next 12 years to maintain reliable service.