BC Ferries eliminates fuel rebate, travellers to pay more

The cost will rise another $2.20 on major routes between Metro Vancouver and Vancouver Island

Travellers on BC Ferries will have to pay slightly more money for their trips beginning later this month, as the company has announced it is axing their fuel rebate program.

Blaming the change on world fuel market conditions, BC Ferries says it is removing all fuel rebates currently in place on June 27, 2018, meaning travellers on many routes will have to pay roughly three per cent more.

The fuel rebate program had been in place since the spring of 2016 and often changes between a rebate or surcharge depending on the volatility in the price of fuel. BC Ferries says they do not benefit financially from this mechanism.

The removal of the fuel rebate means those travelling on the Metro Vancouver-Vancouver Island route will pay $0.50 more per person and an additional $1.70 per vehicle.

Those travelling on a variety of northern, or other minor routes will pay an additional $0.30 per person and $.70 per vehicle.

“Over the past 14 years, we’ve had fuel surcharges, fuel rebates and periods with neither, depending on the market price of diesel fuel, so over the years it has basically been neutral for our customers,” said Mark Collins, BC Ferries’ president and CEO.

“We know that the affordability of travel is important to our customers, and we use fuel deferral accounts and fuel hedging as tools to help reduce the impact that fluctuating fuel prices have on the cost of ferry travel.”

BC Ferries says it closely monitors the cost of fuel and applies a rebate or surcharge based on the volatility in price of fuel under a regulatory process that is independent of tariffs.

Like us on Facebook and follow us on Twitter.

Just Posted

Editorial: Looking back at windstorm helps us prepare for next time

BC Hydro says it was the most destructive storm in its history

VIDEO: Mattress fire at Cowichan Hospital under investigation

The Cowichan District Hospital was locked down on Tuesday afternoon due to… Continue reading

VIDEO: Cowichan Secondary starts two-week run of ‘The Addams Family’ Jan. 16

The Cow High cast is ready, the stage is set: all they need is you so make tracks to see this show

Razor burn: Gillette ad stirs online uproar

A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash

Feds poised to bolster RCMP accountability with external watchdog

Long-anticipated move is the latest attempt at rebuilding the force following years of sagging morale

Canada needs a digital ID system, bankers association says

The Department of Finance last week officially launched its public consultation on the merits of open banking

Second fatal crash occurs in Alberni Valley

Traffic on Highway 4 is being re-routed as investigators are en route

Indigenous energy summit includes session on pipeline ownership options

Steven Saddleback of the Indian Resource Council says a session will feature presentations on financing models

Japanese grand champion Kisenosato retires from sumo

The 32-year-old Kisenosato was the first Japanese-born wrestler in 19 years to gain promotion to sumo’s highest rank

UPDATE: Accused B.C. high school killer found fit to stand trial

Gabriel Klein is accused in the 2016 stabbing death of Letisha Reimer at Abbotsford Senior Secondary

Right-wing, neo-Nazi, white supremacist groups an increasing concern: Goodale

Ten people died in April 2018 when Alek Minassian allegedly drove a rental van down the busy stretch in Toronto

Most Read