This refers to your letter dated June 25, 2020 requesting procedural direction from the Commissioners with respect to the Coastal Class vessels’ quarter-life upgrades or refits and the thresholds established by Order 19-03 for submitting an application under Section 55(5) of the Coastal Ferry Act for approval of a major capital expenditure.
– Price cap and price compliance indices are calculated in accordance with Commission orders 05-01, 11-03 and 15-03. -The annual price cap increase for each fiscal year is phased in over four quarters. The amount phased in will vary from quarter to quarter as it is based on proportions of revenue received in the previous …
The obligations of B.C. Ferry Authority under the Coastal Ferry Act are set out in Part 2, Divisions 1 and 2.1 of the statute. These obligations fall within the following six categories: A. Director Roles and Responsibilities B. Director Qualifications and Appointments C. Director Remuneration D. Shareholder Responsibilities E. General Bylaws F. General Meeting, Records …
I am pleased to submit to you the Annual Report of the British Columbia Ferries Commissioner (“commissioner”) for the fiscal year ended March 31, 2020. As required by Section 53 of the Coastal Ferry Act (the “Act”), the Annual Report sets out briefly all applications and requests for decisions to the commissioner, all orders issued …
This Service Plan and Budget for the next fiscal year ending on March 31, 2020 (“FY 2020”) describes the anticipated activities of the BCFC in order to meet its current mandate of regulating ferry operators, making certain special decisions, conducting performance reviews and carrying out public outreach and administrative responsibilities. Total expenditures for FY 2020 …
