Bridge tolls to be capped for BC drivers
Commuters will pay less thanks to a cap on bridge tolls if Today’s BC Liberals form the government after the election, the party announced Sunday.
Building on the party’s commitment to keeping taxes and fees low – including a billion-dollar middle-class tax cut through reduction of MSP premiums – drivers using the Port Mann and Golden Ears Bridges would pay no more than $500 per year, providing an annual savings of over $1000 per year for commuters using the bridges to travel back and forth to work.
The $500 toll cap will also apply to the replaced Pattullo Bridge and the George Massey Tunnel Replacement once these are in operation.
“Our commitment to growing the economy and controlling spending means that we are able to make life more affordable for people using toll bridges in the Metro Vancouver area,” said Abbotsford West candidate Mike de Jong. “This cap on tolls will put over $1000 back into the pockets of daily commuters who use these bridges to get from home to work and back.”
The Port Mann Bridge toll is currently $3.15 each way. Non-business drivers with a TReO decal who cross the bridge twice a day on weekdays spend approximately $1600 per year.
Today’s BC Liberals will work with the Transportation Investment Corporation (TIC) that collects toll bridge revenue to cap this amount at $500, with government covering the bill for tolls in excess of that amount.
The toll cap will be applicable to personally registered vehicles that register their vehicles to get a free TReO decal.
Preliminary costing estimates anticipate an annual cost to government of $30 million for the Port Mann and Golden Ears bridges, based on the number and frequency of commuters who cross them.
“The Port Mann Bridge saves commuters up to an hour per day on a round trip into Vancouver,” said de Jong. “In addition to saving precious time, daily commuters will save over $1000 per year with our plan to put a $500 cap on bridge tolls.”
If re-elected, Today’s BC Liberals will work with the Transportation Investment Corporation to introduce the $500 toll cap on January 1, 2018.