BC Ferries is raising fares by 30 percent by 2028. The CEO makes over $500,000 a year. Half the fleet is being retired. New ferries are delayed. And passengers are waiting hours for cancelled sailings.
In this video, we examine the monopoly that runs coastal British Columbia.
💰 CEO PAY:
• Nicolas Jimenez (current CEO): over $500,000/year
• Mark Collins (former CEO, 2022): $535,000 – $119,000 more than BC Hydro’s CEO
• Top 8 vice presidents: $355,000 – $452,000/year
🚢 WORKER PAY:
• Deckhand: $51,000 – $62,000/year
• Terminal attendant: $51,000 – $59,000/year
• Customer service: $45,000 – $55,000/year
• Chief officer: $85,000 – $125,000/year
📈 FARE HIKES:
• 30% increase by 2028
• Annual increases every year since 2020
❌ THE PROBLEMS:
• Half the fleet being retired
• New ferries delayed by years
• Frequent cancellations
• Summer sailing waits of 2-4 hours
🌍 COMPARISON:
• Norway: half the price, better service, real competition
• BC: monopoly, no oversight, no accountability
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