Friday , 21 July 2017

BC Ferries Rate, Household Bills Expected to Go Up in 2016

BC Ferries rates may go up next year along with a number of other bills.That’s according to the Canadian Taxpayers Federation,  which states B.C. Ferries has been granted permission to raise rates by 1.9% next year.
B.C. residents can also expect to see higher bills for medical insurance, the Insurance Corporation of B.C.(ICBC)  and B.C. Hydro.

MSP rates are going up on Jan. 1 on an annual basis by $72 for a family of three or more, with $66 for couples and $36 for individuals. ICBC is expected to raise it base rate for auto insurance by $44.40 for the average car.

Meanwhile, BC Ferries has ratified a five year agreement with Marine Worker’s Union that was reached on Oct. 30,’2015.
The settlement took several months of extensive negotiations between the Company and Union
representatives, and was achieved before the October 31, 2015 expiration of the previous Collective Agreement.
On November 10, 2015, the Union’s Provincial Executive and Ships’ Officers’ Component Executive endorsed the Tentative Agreement for ratification by the membership.
The Collective Agreement provides for 8.55 per cent in wage increases over the five-year term of agreement, which is 1.71 per cent on average per year.
The terms of the new Collective Agreement are in place from October 31, 2015 through October 31, 2020.
“The five-year agreement provides for fair and modest wage and benefit increases for our employees while continuing to provide an efficient and dependable service. This agreement will mark 17 years of labour stability at BC Ferries,” said Mike Corrigan, BC Ferries’ President and CEO. “We had a very productive round of bargaining with the Union, which included meaningful dialogue and negotiations.
We thank the bargaining teams on both sides for their collaborative efforts.”
Approximately 3500 employees are covered by Collective Agreement as members of the BC Ferry & Marine Workers’ Union.