BC Ferries. (Nicole Crescenzi/Black Press Staff)

Feds offer ‘life preserver’ funds to BC Ferries as pandemic sinks revenue

For every dollar the province spends the federal government will match

BC Ferries will be eligible for bailout funding from the federal and provincial governments with the aim of getting service back to pre-pandemic levels.

Transportation Minister Claire Trevena and federal Environment Minister Jonathan Wilkinson announced the new matching agreement Tuesday (Aug. 11).

Under the agreement, the federal government will match every dollar the province spends. The same agreement has been signed between B.C. and Ottawa for TransLink and BC Transit operations, as part of $1.2 billion set aside by the feds for transit aid.

According to reports, BC Ferries has lost an estimated $130 million in revenue since COVID-19 forced lockdowns across the province.

The new funding comes after the ferry service was initially turned down for financial aid.

ALSO READ: BC Ferries’ COVID-related financial woes compounded by lack of transit bailout funding

In June, the province and ferries came to a funding agreement to prevent cuts to coastal routes. Since then, ferry sailings have increased as part of B.C.’s economic restart plan.

A task force with representatives from the provincial government, BC Ferry Authority and BC Ferries Service Inc. board will bring forward a plan for BC Ferries to build out of the pandemic.

Trevena told reporters during Tuesday’s press conference it would not be in the public’s interest to raise fares on the ferries, adding that ferry service levels would be kept as high as possible.

“It’s entirely appropriate in a province like British Columbia that we are thinking about the transit needs of all communities, not simply those folks who live in large cities,” added Wilkinson. “And that is fundamentally why BC Ferries was included.”

ALSO READ: BC Ferries passengers travelling for medical reasons to get priority boarding

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

bc ferry

Just Posted

Exploring the mystery of a scooter-free YYJ

Victoria should be a ‘no brainer’ for e-scooter program, say company executives

COVID-19 isn’t cancelling this year’s Tour de Rock

Alumni riders will cycle relay sections in their own communities

Opinion: Fear drives people’s hesitancy to vaccinate

We must be wary of giving in to unfounded fear

Emaciated grizzly found dead on central B.C. coast as low salmon count sparks concern

Grizzly was found on Gwa’sala-‘Nakwaxda’xw territory in Smith Inlet, 60K north of Port Hardy

Accused in Makayla Chang’s murder sees next court date in October

Steven Michael Bacon faces first-degree murder charge in killing of Nanaimo teen

3 new deaths due to COVID-19 in B.C., 139 new cases

B.C. confirms 40 ‘historic cases,’ as well

Conservation officers free fawn stuck in fence in Nanaimo

Fawn was uninjured after getting caught in fence in Hammond Bay area Wednesday

Nanaimo senior defrauded out of $14,000 in ‘grandson scam’

80-year-old victim was told her grandson was out-of-province and in legal trouble

Supreme Court Justice Ruth Bader Ginsburg dies at 87

The court’s second female justice, died Friday at her home in Washington

COVID-19 skill loss will hurt global economic output for rest of century: survey

About one in seven Canadian students satisfied with transition toward online learning

Campbell River volleyball player among female trailblazers in new national program

Grade 12 student-athlete Emoni Bush is part of the 16-member National Exellence Program in Richmond

Island author launches literary podcast with Canada Council for the Arts grant

Shelley Leedhal will air 10 episodes of “Something Like Love” over 10 weeks

New branch of Royal BC Museum to be built in Colwood

New faclity in the Royal Bay development will house collections, archives and research department

Most Read