BC Ferries. (Nicole Crescenzi/Black Press Staff)

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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Cedar Valley Lodge, LNG Canada’s newest accommodation for workers at the LNG Canada Project site in Kitimat. The most recent outbreak among workers at the project site was just declared over. (Photo courtesy of LNG Canada)
Second COVID-19 outbreak at LNG Canada Project site declared over

The outbreak was first declared on Dec. 16, 2020

CGL has closed down the two lodges affected to everyone except the essential staff. (Black Press file photo)
All COVID-19 cases associated with Coastal GasLink outbreak deemed recovered

Outbreaks occurred at CGL project accommodation sites in Burns Lake and Nechako Local Health Areas

Prince Rupert Branch of BC SPCA has partnered with the Greater Massett Food Bank to provide pet food to guardians in need during the pandemic, Joe Griffiths manager of BC SPCA said on Jan. 6. (Photo: K-J Millar/The Northern View)
Greater Massett Food Bank partners with BC SPCA

Greater Masset Food Bank has recently received more than 800 kg of pet food for those in need

Northern Health said their new portal can be used by Northern B.C. patients to access various health-based information and results, including COVID-19 test results. (K-J Millar/Black Press Media)
New digital portal available for Northern Health patients

Northern B.C. residents can use HealtheLife to access various health-based information

Keith the curious kitten is seen on Nov. 4, 2020 at the Chilliwack SPCA. Friday, Jan. 22, 2021 is Answer Your Cat’s Questions Day. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of Jan. 17 to 23

Answer Your Cat’s Questions Day, Pie Day and International Sweatpants Day are all coming up this week

(Phil McLachlan - Capital News)
‘Targeted’ shooting in Coquitlam leaves woman in hospital

The woman suffered non-life threatening injuries in what police believe to be a targeted shooting Saturday morning

JaHyung Lee, “Canada’s oldest senior” at 110 years old, received his first dose of the COVID-19 vaccine on Thursday, Jan. 14, 2021. He lives at Amenida Seniors Community in Newton. (Submitted photo: Amenida Seniors Community)
A unique-looking deer has been visiting a Nanoose Bay property with its mother. (Frieda Van der Ree photo)
A deer with 3 ears? Unique animal routinely visits B.C. property

Experts say interesting look may be result of an injury rather than an odd birth defect

Standardized foundation skills assessment tests in B.C. schools will be going ahead later than usual, from Feb. 16 to March 12 for students in Grades 4 and 7. (Black Press Media file photo)
B.C. teachers say COVID-affected school year perfect time to end standardized tests

Foundational skills testing of Grade 4 and 7 students planned for February ad March

Sooke’s Jim Bottomley is among a handful of futurists based in Canada. “I want to help people understand the future of humanity.” (Aaron Guillen - Sooke News Mirror)
No crystal ball: B.C. man reveals how he makes his living predicting the future

63-year-old has worked analytical magic for politicians, car brands, and cosmetic companies

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Terry David Mulligan. (Submitted photo)
Podcast: Interview with longtime actor/broadcaster and B.C. resident Terry David Mulligan

Podcast: Talk includes TDM’s RCMP career, radio, TV, wine, Janis Joplin and much more

Seasonal influenza vaccine is administered starting each fall in B.C. and around the world. (Langley Advance Times)
After 30,000 tests, influenza virtually nowhere to be found in B.C.

COVID-19 precautions have eliminated seasonal infection

Most Read