Photo credit: Contributed

Gas tax to increase 1.5 cents for Metro Vancouver to pay for transit

Metro Vancouver drivers currently pay 33.28 cents per litre for Translink, provincial and carbon taxes.

Drivers in Metro Vancouver are facing higher fuel taxes next year in an effort to fund a $7.3-billion transit plan across the region.

Municipal Affairs Minister Selina Robinson says in a statement the province will bring in legislation that allows the regional transit authority to increase the motor fuel tax by up to 1.5 cents per litre next spring.

Metro Vancouver drivers currently pay 33.28 cents per litre for Translink, provincial and carbon taxes.

Robinson says increasing the levy isn’t anyone’s first choice and if mayors in the region can identify other sources of funding for the second phase of the 10-year transit plan, they may choose not to raise the tax.

It’s estimated that the increase would bring in about $30 million annually.

Phase two of the transit plan includes building the Broadway SkyTrain line in Vancouver, a light rail transit line in Surrey and expanding bus service throughout the region.

The province has already agreed to fund 40 per cent of the plan, while the federal government has committed money through the Public Transit Infrastructure Fund.

Translink is increasing fares two per cent by 2020 to help cover the costs and the transit authority estimates increased ridership will bring in an additional $1.6 billion.

The region’s municipalities have also signed on to hikes in parking taxes, property taxes and development costs in order to fund the plan.

But a gap in funding remained, and Robinson said the province has been speaking with the Mayors’ Council on Regional Transportation since March about how to fill the shortfall.

“The mayors have said that the revenue is needed to support their 10-Year plan for expanded transportation and commuting options throughout Metro Vancouver,” she said.

The Mayors’ Council and Translink’s board of directors approved the project’s investment plan at a meeting Thursday.

Translink CEO Kevin Desmond said in a statement that they have already seen the benefits that come from adding service.

“You reduce crowding and make transit more convenient and enjoyable,” he said. “By making transit a better experience, ridership grows and the benefits continue to add up for everyone across the region.”

Related: Cheapest gas in B.C. $1.14.9 in Vernon

Related: Taxes go up on fuel, booze and cigarettes on April 1

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Accused pleads not guilty as Trial opens in 2016 Chemainus murder

Colin John quietly entered not guilty pleas to both charges.

Changes coming to BC Ferries reservations for Vancouver Island routes

Many customers are booking multiple reservations, inflating wait times

Ladysmith Interact Club collecting food donations for those in need

On November 22nd and 23rd, Interact Club will be at the Ladysmith… Continue reading

Caps fall to Clippers in Nanaimo on Friday night

Clippers’ tying and winning goals come in less than a minute

Police aim to prevent retaliation after Hells Angel found dead under B.C. bridge

IHIT confirms Chad Wilson, 43, was the victim of a ‘targeted’ homicide

Vancouver Island remembers

Important stories shared as Islanders salute those who made the greatest sacrifice

B.C. model looks a lot like expanded taxi industry, ride-hailing group says

Ridesharing Now for BC says it had hoped the bill would be more customer-driven like in other cities

Otter makes a snack out of koi fish in Vancouver Chinese garden

Staff say the otter has eaten at least five fish

731,000 Canadians going into debt to buy prescription drugs: UBC

Millennials and those without private coverage were more likely to borrow money

Pot users, investors need to be vigilant at Canada-U.S. border

U.S. authorities say anyone who admits to having used pot before it became legal could be barred

Awards will recognize business excellence on Vancouver Island

Nomination period begins for Vancouver Island Business Excellence Awards

ICBC warns shoppers of the high-accident season at mall parking lots

Over 150,000 accidents happened during the holiday season last year

No deal in sight: Canada Post warns of delivery delays into January

Union holds fifth week of rotating strikes as both sides remain apart on contract negotiations

Most Read