B.C. Ferries rates expected to climb

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VICTORIA, B.C. — B.C. Ferries is going to be restructured to offer better service but at a higher cost, according to a news report yesterday.

The report indicated the Crown Corporation will be remodeled based on the operations of the Vancouver International Airport Authority.

Ticket prices are expected to rise on all routes, especially the shorter ones. The runs between the Lower Mainland and Vancouver Island are profitable already, so they may not be impacted as much as the unprofitable runs.

B.C. Ferries turned a slight operating surplus last year, but the ongoing Fast Ferry saga has continued to eat into the corporation’s resources.

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