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[Marine] BC Ferries


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#4481 Jason-L

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Posted 16 November 2018 - 02:33 PM

From the BC Ferries website:

“About our Company

In April 2003, BC Ferries was transformed from a Crown corporation into an independent, commercial organization under the Company Act. BC Ferries is governed by an independent Board of Directors appointed by the B.C. Ferry Authority.

...

About our Governance

B.C. Ferry Authority is a no-share-capital corporation created under the Coastal Ferry Act (British Columbia). It is the owner of the single issued voting share of British Columbia Ferry Services Inc. ("BC Ferries"), a Company incorporated in British Columbia, which is subject to the Business Corporations Act (British Columbia).“

Weird, it doesn't operate like a non-profit.  Well, I guess I'll have to amend my "profit center" comment to "generate capital for reinvestment to maximize additional capital for additional future investment and bonuses for management..." maybe?



#4482 shoeflack

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Posted 16 November 2018 - 02:54 PM

Weird, it doesn't operate like a non-profit.  Well, I guess I'll have to amend my "profit center" comment to "generate capital for reinvestment to maximize additional capital for additional future investment and bonuses for management..." maybe?

 

BC Ferries doesn't offer it's top-level management bonuses anymore. They got roasted in the media back in 2013, and I believe that bonus program was shut down after the subsequent review that was ordered by Todd Stone. One of the reasons their whole governance structure was overhauled was because of the skyrocketing management salaries in the David Hahn days (when he was pulling in over $1 million a year). Now their CEO salary is under $600,000 including benefits, pension, etc.

 

People rail on the financial operations of BC Ferries a lot, but they are actually pretty solid these days from what I've seen.



#4483 AllseeingEye

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Posted 16 November 2018 - 03:47 PM

BC Ferries doesn't offer it's top-level management bonuses anymore. They got roasted in the media back in 2013, and I believe that bonus program was shut down after the subsequent review that was ordered by Todd Stone. One of the reasons their whole governance structure was overhauled was because of the skyrocketing management salaries in the David Hahn days (when he was pulling in over $1 million a year). Now their CEO salary is under $600,000 including benefits, pension, etc.

 

People rail on the financial operations of BC Ferries a lot, but they are actually pretty solid these days from what I've seen.

Not to mention the executive wing has been pared way, way down; back in the day they had 8-9 senior VP's under the CEO; last time I looked they had three.



#4484 lanforod

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Posted 18 November 2018 - 02:26 PM

Now if only ICBC would do the same... they're raising rates AND paying massive bonuses to execs.



#4485 todd

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Posted 20 November 2018 - 03:20 PM

https://www.cheknews...in-june-509919/

 

download (2).png

 

https://youtu.be/vsYBtfQ3QDo



#4486 Mike K.

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Posted 17 December 2018 - 06:51 PM

Coastal Celebration is currently involved in a marine rescue off the coast of Swartz Bay between Portland and Sidney islands. A vessel with a single occupant aboard is taking on water. The Coast Guard is responding as well.


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#4487 Mike K.

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Posted 17 December 2018 - 07:04 PM

An individual has been rescued. Looks like the 7PM departure to Tsawwassen will be delayed.


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#4488 Mike K.

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Posted 17 December 2018 - 07:58 PM

Sailings to and from Swartz Bay and Duke Point from Tsawwassen have been cancelled for the night.


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#4489 Victoria Watcher

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Posted 11 February 2019 - 01:06 PM

Due to the snow in the forecast, all sailings between Metro Vancouver and Vancouver Island after 5 p.m. today will be cancelled. The routes between Horseshoe Bay and Langdale and Bowen Island will also be cancelled.



#4490 Mike K.

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Posted 11 February 2019 - 01:19 PM

Here are the cancellations:

 

Swartz Bay - Tsawwassen:
7:00 pm departing both directions
9:00 pm departing both directions

 

Tsawwassen - Duke Point:
8:15 pm departing both directions
10:45 pm departing both directions

 

Horseshoe Bay - Departure Bay:
8:45 pm departing Departure Bay
10:50 pm departing Horseshoe Bay​

 

Horseshoe Bay - Langdale:
9:35 pm departing Langdale
10:55 pm departing Horseshoe Bay

 

Horseshoe Bay - Snug Cove:

10:00 pm departing Horseshoe Bay
10:30 pm departing Snug Cove


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#4491 Victoria Watcher

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Posted 11 February 2019 - 01:23 PM

you know.  i can see the rationale there they do not want the boat and their staff stuck overnight in the wrong city.  that's a massive inconvenience for bcf.  but at the same time that's a massive inconvenience for the public.



#4492 Mike K.

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Posted 11 February 2019 - 01:26 PM

I can imagine yesterday's closure of the Pat Bay caused a lot of grief for BC Ferries.


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#4493 Victoria Watcher

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Posted 11 February 2019 - 01:28 PM

I can imagine yesterday's closure of the Pat Bay caused a lot of grief for BC Ferries.


not much crew would be headed there though 2nd shift had already arrived. (~ 2pm - 4pm change-over)

Edited by Victoria Watcher, 11 February 2019 - 01:36 PM.


#4494 Mike K.

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Posted 11 February 2019 - 01:31 PM

Not so much the crew but passengers not being able to arrive.


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#4495 Redd42

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Posted 11 February 2019 - 01:34 PM

Not so much the crew but passengers not being able to arrive.

 

Or leave. The road may be treacherous or not even open where the ferry lands. Now you have several hundred vehicles stuck at the terminal.



#4496 Victoria Watcher

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Posted 11 February 2019 - 01:35 PM

oh ya for sure. especially foot passengers trying to leave. no bus taxi or pickups coming for them.

#4497 Redd42

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Posted 11 February 2019 - 01:39 PM

oh ya for sure. especially foot passengers trying to leave. no bus taxi or pickups coming for them.

 

Which happened last night.



#4498 Cats4Hire

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Posted 12 February 2019 - 01:14 PM

So are the 4, 27 and 28 terminating at the legislature? What about the 21/7? https://twitter.com/...412853220159488



#4499 Victoria Watcher

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Posted 19 March 2019 - 04:56 AM

https://www.vicnews....icket-payments/

no debit for cars. how 1998.

by now bcf should have self-checkin for cars.

somehow bcf thinks people inputting a pin is more time consumjng than them making change running floats and reconciling cash transactions.

Edited by Victoria Watcher, 19 March 2019 - 04:58 AM.


#4500 Cats4Hire

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Posted 19 March 2019 - 05:22 AM

Or just have a tap system. Hold your card for <10 seconds and move along.

Edited by Cats4Hire, 19 March 2019 - 05:23 AM.


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