BC Ferries’ president and CEO Mike Corrigan announced today (Dec. 15) that the 3.4 per cent fuel surcharge will be removed as of this Wednesday, Dec. 17.
“With the current favourable market conditions, we have been hedging our diesel fuel costs and are now in a position to eliminate the fuel surcharge, which is great news for holiday travellers,” said Corrigan. “We know that fare affordability is an issue for our customers and we are pleased to be able to reduce the cost of ferry travel, as every bit helps.”
BC Ferries still has an outstanding balance in its fuel deferral account, but the remainder continues to drop and forecasts indicate that the balance will be reduced to zero in the first half of 2015.
