... BC Ferries’ capital costs are increasing at a faster rate than fares, he said.
“What we have today is essentially a need for this system to be affordable,” Jimenez said. “But we have a reality that the cost of running the system is increasing and that’s not because of anyone’s fault. Inflation is taking a real bite out of our business and the growth in ferry fares is not keeping pace.”
BC Ferries will submit its application next month to BC Ferries Commissioner Eva Hage for approval to order five new major vessels, Jimenez said later ...
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