Passengers on major routes between Vancouver Island and the Mainland will pay less now that BC Ferries is dropping its fuel surcharge.

BC Ferries ends fuel surcharge as oil falls

Extra 3.4 per cent charge eliminated as price of diesel falls, ferry corporation hedges its costs

BC Ferries is ending its 3.4 per cent fuel surcharge, effective Wednesday, in the wake of the plunge in the price of crude oil in recent months.

President and CEO Mike Corrigan cited the drop in the cost of diesel for the decision.

“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,” Corrigan said. “We know that fare affordability is an issue for our customers.”

Fuel surcharges were originally added when oil prices spiked to record levels of around $150 in 2008 and have been on and off since then, depending on fuel prices.

Oil prices have fallen nearly 50 per cent from their 2014 high of $110 but diesel prices have not fallen to the same degree.

Just Posted

Tent city resident just wants a home

Roving tent city has made its way to Central Saanich

Keating Elementary to get seismic upgrades, 4 new classrooms

Construction on $7.92 million project to begin in July

First Nations integral to North Saanich’s new addictions treatment facility

Pauquachin First Nation working with Homewood Health at former Dunsmuir Lodge site

Passengers bound for Victoria say Sunwing left them stranded in Abbotsford

Company says late arrival led to difficulties securing accommodation, transportation

Ladysmith marijuana producer bought by Aphria in $230M deal

Ontario licensed marijuana producer Aphria has reached an agreement to acquire Ladysmith-based… Continue reading

Sidney’s Salish Sea aquarium to close for maintenance

First extended closure for the Shaw Centre for the Salish Sea since it opened in 2009

Injured parachutist wants stolen backpack back

Bag contained video of 2017 parachuting incident

Senior randomly stabbed in B.C. mall food court

Woman arrested after victim, 71, suffers serious injuries

B.C. Liberal hopefuls begin final leadership push

Five MLAs, one outsider pitch policies to party members

Victoria hits the road after weekend wins over Kamloops

Western Hockey League club in Portland on Wednesday night

UPDATED: ‘Young, innocent’ teen hit during Vancouver shootout dies

15-year-old Coquitlam boy was in a car driving by the scene

Ontario man charged with selling Canadian’s usernames and passwords

Ontario man ran site that peddled billions of pieces of personal data: RCMP

Video: B.C. documentary features Okanagan ice climbing

First documentary for Penticton filmmaker captures elusive Okanagan ice climbing

David Emerson quits lumber talks as legal action begins

Former federal minister served as B.C. softwood trade point man

Most Read