The B.C. Ferry Authority is established and governed by the Coastal Ferry Act.
The Authority is a corporation without share capital which owns the single issued voting share of BC Ferries, the service provider under contract to the Province of British Columbia responsible for the delivery of ferry service along coastal British Columbia. The Province is the holder of all of the preferred (non-voting) shares of BC Ferries.
The Authority is responsible for overseeing the strategic direction of BC Ferries in support of the public interest, appointing the Board of Directors of BC Ferries and for establishing compensation plans for the Directors and Executives of BC Ferries.
The BC Ferries Commissioner has begun the process to set price caps for Performance Term 6 and welcome public input on BC Ferries’ submission.
Posted: December 14, 2022
The BC Ferry Authority is responsible for overseeing the strategic direction of BC Ferries in support of the public interest, appointing the Board of Directors of BC Ferries and for establishing compensation plans for the Directors and Executives of BC Ferries.
BC Ferries is a private ferry service provider. Minimum service levels are set by the Province and BC Ferries in the coastal ferry service contract. The BC Ferries Commissioner sets price caps – the maximum allowable annual increase in the average fare – every four years (or Performance Term as they are called). BC Ferries makes a submission to the BC Ferries Commissioner, outlining service and operational plans for the remainder of Performance Term 5 and for Performance Term 6 and a 12-year capital plan. Based on these plans and any changes to the Coastal Ferry Services Contract, the BC Ferries Commissioner will set the price caps for the next performance term that will be in effect from April 01, 2024 to March 31, 2028.
During the price-cap setting process, the Commissioner invites the public to provide feedback on BC Ferries’ Performance Term 6 submission. Public input will be accepted until September 15, 2023. Final price caps will be announced on September 30, 2023. To submit your comments to the Commissioner on the upcoming performance term visit the share your thoughts section of the BC Ferry Commissioner’s website or send them by mail to PO. Box 9279, Station Prov, Victoria B.C. V8W9J7