Friday, 30 November 2018 15:55

BC Ferries outlines $3.9 billion capital plan

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BC Ferries has filed with the BC Ferry Commission the largest capital plan in its history. The capital plan, which covers projected spending between 2019 and 2030, was one of five reports included in the corporation’s “Performance Term Five Submission” filed at the end of September. The plan says BC Ferries is in a solid financial position, and outlines intentions to invest more than $3.9 billion in upgrading the fleet and terminals, introducing alternative energy sources and investing in its fleet maintenance facility. Included in the plan $2.3 billion on vessels and $1.3 billion on its terminals, including a renovation of Swartz Bay and a complete overhaul of Horseshoe Bay.  CEO Mark Collins will be presenting an update on its plans at the CILTNA lunch on Thursday, December 6th - for details visit: www.ciltna.org.

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