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Order or Memo Name and Section of Coastal Ferry Act (where applicable)
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Date
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Content
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Order 07-01 under s. 40 re: final decision on price caps for performance term two
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18
Sept
2007
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Fare cap on major routes rises by 6.4% April 1 2008, other route groups by 4.0%. Subsequent annual increases through April 1 2011 relate to consumer price inflation, being 3.0% and 7.1% respectively if consumer price index increases at 2% per year.
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Preliminary Decision on Price Caps for Performance Term Two under s. 40
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30
March
2007
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Subject to final ruling by Sept. 30 2007, fare cap on major routes rises by 5.4% April 1 2008, other route groups by 3.6%. Subsequent annual increases through April 1 2011 relate to consumer price inflation being 3.0% and 6.7% respectively if consumer price index increases at 2% per year.
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Fuel Surcharge/Rebate Mechanism in Performance Term Two under s. 40
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30
March
2007
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Automatic Adjustment Mechanism for Fuel Surcharges or Rebates from 2008 through 2012 under which farepayers and BC Ferries share cost of fuel price fluctuations up and down
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Commission Memorandum 20 under section 41(2)(b) re: return on equity for BC Ferries
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17
Sept
2006
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Makes preliminary ruling that BC Ferries’ pre-tax rate of return on equity to be used in setting fare caps for the second performance term (starting April 1, 2008) will be 14% p.a.
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Order 06-07 under s. 55 re: capital spending on terminals for northern routes
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17
Sept
2006
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Declares $33.4 million in terminal alterations to meet design of the new northern vessel (see Order 06-06 below) to be reasonably required
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Order 06-06 under section 55 re: a newly built vessel for the north
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14
August
2006
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Declares a newly built northern replacement vessel ready for service in summer 2009 to be reasonably required, at a cost of $199.7 million.
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Order 06-05 under section 43 regarding service reduction on northern routes
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14
July
2006
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Extends a temporary and extraordinary service reduction on the north earlier authorized in Order 06-02 for the remainder of the summer, i.e. through September 30 2006, on finding BC Ferries’ search for a replacement vessel (which will not be in service before 2007) was thorough.
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Order 06-04 under section 55 regarding acquisition of a used replacement vessel for the north
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4
July
2006
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Declares a particular used northern replacement vessel for service in summer 2007 to be reasonably required (text of Order 06-04 is to be released after purchase is completed).
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Order 06-03 under section 42 regarding ferry fuel surcharges
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19
June
2006
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Authorizes extraordinary price cap increase of 3.2% on major route group and 9.6% on others (except Mill Bay-Brentwood Bay and Langdale-Gambier-Keats) following higher fuel price experience and outlook
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Order 06-02 under section 43 regarding service reduction on northern routes
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17
May
2006
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Authorizes a reduction in service from May 18, 2006 on northern routes 10 and 11 for 60 days, which may be extended following a review of BC Ferries’ search for a suitable replacement vessel for the Queen of the North.
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Order 06-01 under section 43 regarding service reduction on northern routes
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24
April
2006
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Authorizes BC Ferries to reduce service through May 18 2006 on northern routes 10 and 11 following the sinking of the Queen of the North on 22 March 2006 with resultant loss of ferry capacity.
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Order 05-06 Final under section 42 regarding ferry fuel surcharges
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20
January 2006
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Final Decision authorizing extraordinary price cap increases of 1.5% on the major routes and 3% on others, plus later possible increases depending on changes in future fuel prices and outlook. Orders BC Ferries to absorb all over-target fuel cost if fuel conservation targets of 1% and 2% in next two years not met; asks for fuel conservation plan.
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Order 05-06 Preliminary under section 42 regarding ferry fuel surcharges
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21 December 2005
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Preliminary Decision to the Final 05-06 above.
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Order 05-05 under section 43 of the Act regarding a temporary reduction in service
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20 November 2005
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Authorizes the extension to December 20, 2005 of the temporary reduction in service authorized in Order 05-04 below.
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Order 05-04 under section 43 of the Act regarding a temporary reduction in service
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10
Sept
2005
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Authorizes temporary reduction in service on Route 26 between Skidegate and Alliford Bay on the Queen Charlotte Islands to accommodate maintenance refit of the vessel MV Kwuna.
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Order 05-02 Final under section 42 of the Act regarding fuel surcharges on fares
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24 July 2005
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Authorizes extraordinary price cap increase of 4% on the major route group and 6% on the others. Orders BC Ferries to absorb 5% of the increase in fuel costs over budget, and allows 6% interest on Deferral Account balances.
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Order 05-03 under section 55 of Act
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20
July
2005
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Declaration that the acquisition of an intermediate class vessel on a minor route group is reasonably required and that associated capital costs will be included in setting future price caps on ferry fares.
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Order 05-02, under section 42 regarding ferry fuel surcharges
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24
June
2005
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Preliminary Decision to the Final Order 05-02 above.
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Order 05-01, regarding measurement of average ferry fares and comparison to price caps
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9
February
2005
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Determination of the computational methods which BC Ferries must use every quarter year for calculating: (a) an index of the average of the fares the company is currently charging for each of the 7 route groups; (b) the corresponding 7 indices of price caps which the average fare indices must not exceed (to avoid enforcement actions by the Commission).
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Guidelines for BC Ferries for applications under section 55
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December 2004
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Lists the questions BC Ferries should answer if it wants to have the Commission declare a proposed capital expenditure by BC Ferries (e.g. for a ship) to be “reasonably required”. BC Ferries might make an application in order to gain assurance that the Commission will recognize the capital costs when it sets future price caps on ferry fares.
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Order 04-02, regarding fuel prices and costs
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28 September 2004
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Authorization for BC Ferries to establish a Deferral Account for each route group to hold variations in fuel costs due to fluctuations in fuel prices about a “set price” for each group. The purpose is to stabilize BC Ferries earnings reports and help avoid temporary fuel surcharges.
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Memorandum regarding Gabriola Medivac
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18 September 2004
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Determination that a petition by Gabriola Islanders for a ferry fare surcharge to fund after-hours medical evacuation by ferry is satisfactory assent for the surcharge; declaration that the Commission will exclude the surcharge, if made by BC Ferries on the Gabriola-Nanaimo route, from the regulated fare.
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Order 04-01, under Section 55 of the Act
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10
June
2004
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Declaration that the acquisition of three vessels for deployment on the major route group is reasonably required and that associated capital costs will be included in setting price caps on ferry fares for the performance term starting April 1, 2008.
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Order 03-01, under Section 43 of the Act
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31
October
2003
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Authorization for temporary reduction in service on Route 30 (between Tsawwassen and Duke Point, Nanaimo) in late November and early December 2003 and in March 2004, needed for mid-life upgrade of “C” class vessels
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