In April 2003, the Province of British Columbia established the B.C. Ferry Authority, an independent, no-share capital corporation that holds the single issued voting share of the new British Columbia Ferry Services Inc., which was also established in April to reform the delivery of ferry transportation services in B.C.

The Authority appoints the Board of Directors of British Columbia Ferry Services Inc.  By its structure, the Authority ensures the operations of BC Ferries are independent from the provincial government.